GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Superland Group Holdings Ltd (HKSE:00368) » Definitions » ROC (Joel Greenblatt) %

Superland Group Holdings (HKSE:00368) ROC (Joel Greenblatt) % : 693.52% (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Superland 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. Superland Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 693.52%.

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

HKSE:00368' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 247.86   Med: 360.57   Max: 1330.78
Current: 860.03

During the past 7 years, Superland Group Holdings's highest ROC (Joel Greenblatt) % was 1330.78%. The lowest was 247.86%. And the median was 360.57%.

HKSE:00368's ROC (Joel Greenblatt) % is ranked better than
98.62% of 1665 companies
in the Construction industry
Industry Median: 18.33 vs HKSE:00368: 860.03

Superland Group Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 32.50% per year.


Superland Group Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for Superland 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.

Superland Group Holdings ROC (Joel Greenblatt) % Chart

Superland Group Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 259.32 247.86 267.80 767.32 1,330.78

Superland Group Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 456.15 -62.94 2,507.68 783.82 693.52

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

For the Engineering & Construction subindustry, Superland 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.


Superland Group Holdings's ROC (Joel Greenblatt) % Distribution in the Construction Industry

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

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



Superland 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: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(111.807 + 0 + 3.127) - (47.335 + 0 + 151.613)
=-84.014

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(114.855 + 0 + 3.2090000000001) - (172.311 + 0 + 52.518)
=-106.765

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Superland Group Holdings for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=63.932/( ( (11.386 + max(-84.014, 0)) + (7.051 + max(-106.765, 0)) )/ 2 )
=63.932/( ( 11.386 + 7.051 )/ 2 )
=63.932/9.2185
=693.52 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) 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.


Superland Group Holdings  (HKSE:00368) 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.


Superland Group Holdings ROC (Joel Greenblatt) % Related Terms

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


Superland Group Holdings (HKSE:00368) Business Description

Traded in Other Exchanges
N/A
Address
181 Wai Yip Street, Yin Da Commercial Building, Flat A&B, 3rd Floor, Kwun Tong, Kowloon, Hong Kong, CHN
Superland Group Holdings Ltd is a contractor based in Hong Kong providing fitting-out services and repair and maintenance services registered electrical contractor, registered sub-contractor and registered minor works contractor in Hong Kong. Its fitting-out services cover ceiling, flooring, wall, lighting, glass, metal, wood, stone and plastering works conducted on new buildings and property projects. It also sources and installs doors, furniture and accessories tailor-made according to the specifications of its customers. Its repair and maintenance services cover upgrade, restoration and improvement, and repair, replacement or installation of interior decorative parts conducted on existing premises.

Superland Group Holdings (HKSE:00368) Headlines

No Headlines