GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Yun Lee Marine Group Holdings Ltd (HKSE:02682) » Definitions » ROC (Joel Greenblatt) %

Yun Lee Marine Group Holdings (HKSE:02682) ROC (Joel Greenblatt) % : 29.27% (As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Yun Lee Marine Group Holdings 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. Yun Lee Marine Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 29.27%.

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

HKSE:02682' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.54   Med: 32.84   Max: 142.89
Current: 19.26

During the past 9 years, Yun Lee Marine Group Holdings's highest ROC (Joel Greenblatt) % was 142.89%. The lowest was 15.54%. And the median was 32.84%.

HKSE:02682's ROC (Joel Greenblatt) % is ranked better than
65.72% of 989 companies
in the Transportation industry
Industry Median: 12.89 vs HKSE:02682: 19.26

Yun Lee Marine Group Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -0.50% per year.


Yun Lee Marine Group Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for Yun Lee Marine Group Holdings'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.

Yun Lee Marine Group Holdings ROC (Joel Greenblatt) % Chart

Yun Lee Marine Group Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 15.54 26.60 32.84 29.44 25.09

Yun Lee Marine Group Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 31.38 35.58 39.31 9.77 29.27

Competitive Comparison of Yun Lee Marine Group Holdings's ROC (Joel Greenblatt) %

For the Marine Shipping subindustry, Yun Lee Marine Group Holdings'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.


Yun Lee Marine Group Holdings's ROC (Joel Greenblatt) % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Yun Lee Marine Group Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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


;
;

Yun Lee Marine Group Holdings 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: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61.346 + 0 + 11.43) - (86.032 + 0 + 19.516)
=-32.772

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(71.583 + 0 + 11.976) - (81.681 + 0 + 12.018)
=-10.14

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Yun Lee Marine Group Holdings for the quarter that ended in Sep. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=39.61/( ( (138.225 + max(-32.772, 0)) + (132.413 + max(-10.14, 0)) )/ 2 )
=39.61/( ( 138.225 + 132.413 )/ 2 )
=39.61/135.319
=29.27 %

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


Yun Lee Marine Group Holdings  (HKSE:02682) 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.


Yun Lee Marine Group Holdings ROC (Joel Greenblatt) % Related Terms

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


Yun Lee Marine Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
10 Cheung Yue Street, Flat D, 31st Floor, Billion Plaza II, Kowloon, Cheung Sha Wan, Hong Kong, HKG
Yun Lee Marine Group Holdings Ltd is a maritime services provider. The company's operating segment includes Vessel chartering and related services, Marine construction services and Ship management services. It generates maximum revenue from the Vessel chartering and related services segment. Vessel chartering and related services segment provide vessel chartering services mainly to contractors for construction projects in Hong Kong, including time chartering representing the hiring of vessel and crew for a specific period of time and voyage chartering representing the hiring of vessel and crew for a specific voyage between two designated locations. The Company provides ship management services for the provision of crew members for daily operation and the repair and maintenance services.
Executives
Chan Sau Ling Amy 2202 Interest of your spouse
Kitling Investments (bvi) Limited 2101 Beneficial owner
Wen Tsz Kit Bondy 2201 Interest of corporation controlled by you
Novel Choice Ventures Limited 2101 Beneficial owner
Tang Yiu Chi James 2201 Interest of corporation controlled by you

Yun Lee Marine Group Holdings Headlines

No Headlines