GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Allwin Telecommunication Co Ltd (SZSE:002231) » Definitions » ROC (Joel Greenblatt) %

Allwin Telecommunication Co (SZSE:002231) ROC (Joel Greenblatt) % : -4.88% (As of Jun. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Allwin Telecommunication 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. Allwin Telecommunication Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -4.88%.

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

SZSE:002231' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -69.62   Med: 1.51   Max: 17.28
Current: -18.67

During the past 13 years, Allwin Telecommunication Co's highest ROC (Joel Greenblatt) % was 17.28%. The lowest was -69.62%. And the median was 1.51%.

SZSE:002231's ROC (Joel Greenblatt) % is ranked worse than
81.6% of 2468 companies
in the Hardware industry
Industry Median: 9.985 vs SZSE:002231: -18.67

Allwin Telecommunication Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Allwin Telecommunication Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for Allwin Telecommunication 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.

Allwin Telecommunication Co ROC (Joel Greenblatt) % Chart

Allwin Telecommunication Co 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 17.28 -69.62 11.36 -34.59 -16.17

Allwin Telecommunication Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 34.71 -27.11 -41.12 -3.03 -4.88

Competitive Comparison of Allwin Telecommunication Co's ROC (Joel Greenblatt) %

For the Communication Equipment subindustry, Allwin Telecommunication 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.


Allwin Telecommunication Co's ROC (Joel Greenblatt) % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Allwin Telecommunication Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Allwin Telecommunication Co's ROC (Joel Greenblatt) % falls into.



Allwin Telecommunication 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: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(92.336 + 183.137 + 168.194) - (155.836 + 0 + 65.63)
=222.201

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(80.887 + 222.361 + 191.098) - (145.309 + 0 + 84.719)
=264.318

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Allwin Telecommunication 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: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-13.764/( ( (37.935 + max(222.201, 0)) + (39.174 + max(264.318, 0)) )/ 2 )
=-13.764/( ( 260.136 + 303.492 )/ 2 )
=-13.764/281.814
=-4.88 %

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.


Allwin Telecommunication Co  (SZSE:002231) 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.


Allwin Telecommunication Co ROC (Joel Greenblatt) % Related Terms

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


Allwin Telecommunication Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Gaoge Road, Hunnan New District, Shenyang, Liaoning, CHN, 110179
Allwin Telecommunication Co Ltd operates in telecommunication equipment manufacturing industry. The company provides operators with mobile communication network optimization coverage equipments and systems which include program design and related products. The products of the company include digital fiber distribution systems, power points, and combiners.
Executives
Chen Su Xian Supervisors
Du Fang Directors, executives
Wang Chong Mei Director
Du An Shun Supervisors
Hu Ying Directors, directors, executives, representatives
Bi Lian Fu Director

Allwin Telecommunication Co Headlines

No Headlines