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Classified Group (Holdings) (HKSE:08232) ROC (Joel Greenblatt) % : 0.00% (As of Jun. 2024)


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What is Classified 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. Classified Group (Holdings)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 0.00%.

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

HKSE:08232' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -99.83   Med: -47.28   Max: 16.05
Current: -85.89

During the past 10 years, Classified Group (Holdings)'s highest ROC (Joel Greenblatt) % was 16.05%. The lowest was -99.83%. And the median was -47.28%.

HKSE:08232's ROC (Joel Greenblatt) % is ranked worse than
95.92% of 343 companies
in the Restaurants industry
Industry Median: 10.71 vs HKSE:08232: -85.89

Classified Group (Holdings)'s 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.30% per year.


Classified Group (Holdings) ROC (Joel Greenblatt) % Historical Data

The historical data trend for Classified 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.

Classified Group (Holdings) ROC (Joel Greenblatt) % Chart

Classified Group (Holdings) 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 -55.62 -8.88 -38.94 -69.13 -75.45

Classified Group (Holdings) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -26.84 2.05 -37.37 -298.30 -

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

For the Restaurants subindustry, Classified 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.


Classified Group (Holdings)'s ROC (Joel Greenblatt) % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Classified Group (Holdings)'s ROC (Joel Greenblatt) % distribution charts can be found below:

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



Classified 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.357 + 22.038 + 3.206) - (10.768 + 0 + 1.583)
=13.25

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.279 + 22.056 + 0.032) - (8.825 + 0 + 1.469)
=15.073

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Classified Group (Holdings) 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 )
=0/( ( (2.479 + max(13.25, 0)) + (2.462 + max(15.073, 0)) )/ 2 )
=0/( ( 15.729 + 17.535 )/ 2 )
=0/16.632
=0.00 %

Note: The EBIT data used here is four times the quarterly (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.


Classified Group (Holdings)  (HKSE:08232) 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.


Classified Group (Holdings) ROC (Joel Greenblatt) % Related Terms

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


Classified Group (Holdings) Business Description

Traded in Other Exchanges
N/A
Address
30 Wong Chuk Hang Road, 2nd Floor, Cheung Tak Industrial Building, Wong Chuk Hang, Hong Kong, HKG
Classified Group (Holdings) Ltd is a food and beverage company. It is engaged in the Casual restaurant operations segment in which customers would place orders at the front desk and basic table service is provided by the delivery of ordered food to the table. The casual restaurants aim to provide a more casual and relaxing atmosphere. All the group's operations are located in Hong Kong.
Executives
Vms Investment Group Limited 2101 Beneficial owner
Peyton Global Limited 2101 Beneficial owner
Wiltshire Global Limited 2101 Beneficial owner
Mak Siu Hang Viola 2201 Interest of corporation controlled by you
Cheng Chi Man 2202 Interest of your spouse
Pong Kin Yee 2201 Interest of corporation controlled by you
Lee Yuen Ching Charmaine 2202 Interest of your spouse
Wong Arnold Chi Chiu 2201 Interest of corporation controlled by you
Millennium Pacific Information Technology Limited 2101 Beneficial owner

Classified Group (Holdings) Headlines

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