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Shenzhen Sea Star Technology Co (SZSE:002137) ROC (Joel Greenblatt) % : 18.20% (As of Mar. 2025)


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What is Shenzhen Sea Star Technology 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. Shenzhen Sea Star Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 18.20%.

The historical rank and industry rank for Shenzhen Sea Star Technology Co's ROC (Joel Greenblatt) % or its related term are showing as below:

SZSE:002137' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -94.06   Med: 12.93   Max: 97.55
Current: -1.48

During the past 13 years, Shenzhen Sea Star Technology Co's highest ROC (Joel Greenblatt) % was 97.55%. The lowest was -94.06%. And the median was 12.93%.

SZSE:002137's ROC (Joel Greenblatt) % is ranked worse than
78.95% of 3016 companies
in the Industrial Products industry
Industry Median: 12.695 vs SZSE:002137: -1.48

Shenzhen Sea Star Technology Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Shenzhen Sea Star Technology Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for Shenzhen Sea Star Technology 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.

Shenzhen Sea Star Technology Co ROC (Joel Greenblatt) % Chart

Shenzhen Sea Star Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.30 -34.40 69.94 -0.95 -1.26

Shenzhen Sea Star Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 26.19 25.08 7.10 -68.03 18.20

Competitive Comparison of Shenzhen Sea Star Technology Co's ROC (Joel Greenblatt) %

For the Electrical Equipment & Parts subindustry, Shenzhen Sea Star Technology 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.


Shenzhen Sea Star Technology Co's ROC (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Sea Star Technology Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Shenzhen Sea Star Technology Co's ROC (Joel Greenblatt) % falls into.


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Shenzhen Sea Star Technology 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(186.623 + 139.279 + 78.943) - (337.57 + 0 + 31.338)
=35.937

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(175.811 + 141.395 + 246.403) - (265.943 + 0 + 14.625)
=283.041

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Shenzhen Sea Star Technology Co for the quarter that ended in Mar. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=74.168/( ( (249.968 + max(35.937, 0)) + (246.302 + max(283.041, 0)) )/ 2 )
=74.168/( ( 285.905 + 529.343 )/ 2 )
=74.168/407.624
=18.20 %

Note: The EBIT data used here is four times the quarterly (Mar. 2025) 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.


Shenzhen Sea Star Technology Co  (SZSE:002137) 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.


Shenzhen Sea Star Technology Co ROC (Joel Greenblatt) % Related Terms

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Shenzhen Sea Star Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Jinlong Road No. 10, Seastar Jinlong Factory, Longgang District, Baolong Community, Shenzhen, CHN
Shenzhen Sea Star Technology Co Ltd is a set of electronic equipment product research and development, production, sales, and service as one of the pioneers of national high and new technology enterprise. Its factory is located in Sea Star Science Park of Shenzhen Longgang Baolong Industrial City. It engages in bulk electronic equipment manufacturing to provide end-to-end design, manufacturing, and logistics solutions, and support to Original Equipment Manufacturers (OEMs) primarily in the communications networks, computing, and storage, medical, defense and aerospace, industrial and semiconductor, multimedia, automotive and clean technology sectors.
Executives
Chen Ya Mei Director
Qiao Xin Directors, executives
Liao Jian Zhong Directors, executives
Chen Xiao Yan Supervisors
Chen Shi Rong Securities Affairs Representative
Zhu Lei Directors, executives
Lv Chang Rong Director
Song Dong Hong Directors, executives
Ji Guo Yong Supervisors
Wang Yan Hang Supervisors

Shenzhen Sea Star Technology Co Headlines

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