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GHY Culture & Media Holding Co (SGX:XJB) ROC (Joel Greenblatt) % : -82.36% (As of Dec. 2024)


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What is GHY Culture & Media Holding 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. GHY Culture & Media Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -82.36%.

The historical rank and industry rank for GHY Culture & Media Holding Co's ROC (Joel Greenblatt) % or its related term are showing as below:

SGX:XJB' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -107.42   Med: 2.56   Max: 625.5
Current: -65.12

During the past 7 years, GHY Culture & Media Holding Co's highest ROC (Joel Greenblatt) % was 625.50%. The lowest was -107.42%. And the median was 2.56%.

SGX:XJB's ROC (Joel Greenblatt) % is ranked worse than
78.9% of 1033 companies
in the Media - Diversified industry
Industry Median: 8.49 vs SGX:XJB: -65.12

GHY Culture & Media Holding Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


GHY Culture & Media Holding Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for GHY Culture & Media Holding 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.

GHY Culture & Media Holding Co ROC (Joel Greenblatt) % Chart

GHY Culture & Media Holding Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 625.50 23.08 -17.97 -72.15 -107.42

GHY Culture & Media Holding Co Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -32.98 -2.25 -115.73 -65.01 -82.36

Competitive Comparison of GHY Culture & Media Holding Co's ROC (Joel Greenblatt) %

For the Entertainment subindustry, GHY Culture & Media Holding 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.


GHY Culture & Media Holding Co's ROC (Joel Greenblatt) % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, GHY Culture & Media Holding Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where GHY Culture & Media Holding Co's ROC (Joel Greenblatt) % falls into.


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GHY Culture & Media Holding 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.671 + 0.01 + 70.91) - (7.662 + 0 + 35.009)
=34.92

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(89.113 + 0.056 + 237.537) - (113.876 + 0 + 29.743)
=183.087

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of GHY Culture & Media Holding Co for the quarter that ended in Dec. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-104.514/( ( (7.125 + max(34.92, 0)) + (28.661 + max(183.087, 0)) )/ 2 )
=-104.514/( ( 42.045 + 211.748 )/ 2 )
=-104.514/126.8965
=-82.36 %

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


GHY Culture & Media Holding Co  (SGX:XJB) 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.


GHY Culture & Media Holding Co ROC (Joel Greenblatt) % Related Terms

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GHY Culture & Media Holding Co Business Description

Traded in Other Exchanges
N/A
Address
No. 07-08, 988 Toa Payoh North, Singapore, SGP, 319002
GHY Culture & Media Holding Co Ltd is involved in the entertainment business. It focuses on the production and promotion of dramas, films, and concerts in the Asia Pacific region. The business activities of the group function through four segments namely Television Program and Film Production, Concert Production, Talent Management Services and Costumes, Props, and Make-up Services. The company derives the majority of its revenue from the Television Program Film Production, and concert production segment. Geographically, the business presence of the firm is seen in the regions of Singapore, Australia, China, and Malaysia, with the majority of the revenue from China followed by Singapore.

GHY Culture & Media Holding Co Headlines

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