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Hollwin Urban Operation Service Group Co (HKSE:02529) ROC (Joel Greenblatt) % : 580.86% (As of Jun. 2024)


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What is Hollwin Urban Operation Service 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. Hollwin Urban Operation Service Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 580.86%.

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

HKSE:02529' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 229.99   Med: 337.46   Max: 544.67
Current: 544.67

During the past 4 years, Hollwin Urban Operation Service Group Co's highest ROC (Joel Greenblatt) % was 544.67%. The lowest was 229.99%. And the median was 337.46%.

HKSE:02529's ROC (Joel Greenblatt) % is ranked better than
95.27% of 1056 companies
in the Business Services industry
Industry Median: 20.815 vs HKSE:02529: 544.67

Hollwin Urban Operation Service Group Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Hollwin Urban Operation Service Group Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for Hollwin Urban Operation Service 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.

Hollwin Urban Operation Service Group Co ROC (Joel Greenblatt) % Chart

Hollwin Urban Operation Service Group Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
229.99 337.46 541.12 533.29

Hollwin Urban Operation Service Group Co Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial - 611.36 477.00 580.86 516.69

Competitive Comparison of Hollwin Urban Operation Service Group Co's ROC (Joel Greenblatt) %

For the Specialty Business Services subindustry, Hollwin Urban Operation Service 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.


Hollwin Urban Operation Service Group Co's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hollwin Urban Operation Service Group Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Hollwin Urban Operation Service Group Co's ROC (Joel Greenblatt) % falls into.


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Hollwin Urban Operation Service 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(92.666 + 4.541 + 41.617) - (360.744 + 0 + 68.102)
=-290.022

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(111.754 + 4.982 + 19.792) - (373.3 + 0 + 86.786)
=-323.558

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Hollwin Urban Operation Service Group Co for the quarter that ended in Jun. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=109.684/( ( (19.656 + max(-290.022, 0)) + (18.11 + max(-323.558, 0)) )/ 2 )
=109.684/( ( 19.656 + 18.11 )/ 2 )
=109.684/18.883
=580.86 %

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) 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.


Hollwin Urban Operation Service Group Co  (HKSE:02529) 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.


Hollwin Urban Operation Service Group Co ROC (Joel Greenblatt) % Related Terms

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


Hollwin Urban Operation Service Group Co Business Description

Traded in Other Exchanges
N/A
Address
Pilot Road, 9/F, Building A1, Xiangjiang Times Square, No. 179, Yuelu District, Hunan Province, Changsha, CHN
Hollwin Urban Operation Service Group Co Ltd is a urban service and operation provider with business operations primarily based in Changsha. The services provided are divided into three categories: (i) property management services, including different property management services to public properties, commercial properties, and residential properties, and value-added services; (ii) urban services, including landscaping and engineering, lighting system operation, parking lot operation, and municipal sanitation services; and (iii) commercial operation services. Key revenue is generated from Urban services.
Executives
Rays Capital Partners Limited 2102 Investment manager
Asian Equity Special Opportunities Portfolio Master Fund Limited 2101 Beneficial owner
Ruan David Ching Chi 2201 Interest of corporation controlled by you
Hsbc Holdings Plc 2302 Custodian
Chang Sha Cheng Shi Fa Zhan Ji Tuan You Xian Gong Si

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