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Fantasia Holdings Group Co (HKSE:01777) ROC (Joel Greenblatt) % : -4.56% (As of Dec. 2023)


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What is Fantasia Holdings Group Co ROC (Joel Greenblatt) %?

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Fantasia Holdings Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.56%.

The historical rank and industry rank for Fantasia Holdings Group Co's ROC (Joel Greenblatt) % or its related term are showing as below:

HKSE:01777' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -36.43   Med: 23.34   Max: 54.6
Current: -5.93

During the past 13 years, Fantasia Holdings Group Co's highest ROC (Joel Greenblatt) % was 54.60%. The lowest was -36.43%. And the median was 23.34%.

HKSE:01777's ROC (Joel Greenblatt) % is ranked worse than
77.92% of 1789 companies
in the Real Estate industry
Industry Median: 9.64 vs HKSE:01777: -5.93

Fantasia Holdings Group Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Fantasia Holdings Group Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for Fantasia Holdings Group Co's ROC (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fantasia Holdings Group Co ROC (Joel Greenblatt) % Chart

Fantasia Holdings Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.96 54.60 -36.43 -9.90 -7.95

Fantasia Holdings Group Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.75 -8.05 -10.05 -4.56 -7.43

Competitive Comparison of Fantasia Holdings Group Co's ROC (Joel Greenblatt) %

For the Real Estate - Development subindustry, Fantasia Holdings Group Co's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fantasia Holdings Group Co's ROC (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fantasia Holdings Group Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Fantasia Holdings Group Co's ROC (Joel Greenblatt) % falls into.



Fantasia Holdings Group Co ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15293.782 + 47514.483 + 2768.5) - (13588.643 + 0 + 17242.396)
=34745.726

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1966.375 + 40740.737 + 6833.169) - (15720.299 + 0 + 4097.176)
=29722.806

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Fantasia Holdings Group Co for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1538.59/( ( (1533.963 + max(34745.726, 0)) + (1486.215 + max(29722.806, 0)) )/ 2 )
=-1538.59/( ( 36279.689 + 31209.021 )/ 2 )
=-1538.59/33744.355
=-4.56 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fantasia Holdings Group Co  (HKSE:01777) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Fantasia Holdings Group Co ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Fantasia Holdings Group Co's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fantasia Holdings Group Co Business Description

Traded in Other Exchanges
Address
Shihua Road and Zijing Road, Block A, Funian Plaza, Interchange in Futian Duty-free Zone, Guangdong Province, Shenzhen, CHN, 518048
Fantasia Holdings Group Co Ltd is a Chinese financial holding group which mainly operates in developing, selling and leasing of commercial and residential properties, and provides services related to property operation, hotel management and travel agency. The company derives the majority of its revenue via property sales. Their property operation services are also a key contributor to companywide sales. The contracted sales contribution of the Group's real estate business mainly comes from a number of first- and second-tier cities in China. Fantasia is positioned as a large community service operator that seeks to deliver community platforms including residential, commercial, business and elderly service communities.
Executives
Tcl Industries Holdings Co., Ltd. 2201 Interest of corporation controlled by you
Fantasy Pearl International Limited 2101 Beneficial owner
Ice Apex Limited 2201 Interest of corporation controlled by you
Zeng Jie Baby 2201 Interest of corporation controlled by you

Fantasia Holdings Group Co Headlines

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