GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Namliong SkyCosmos Inc (OTCPK:NLSC) » Definitions » ROC (Joel Greenblatt) %

Namliong SkyCosmos (Namliong SkyCosmos) ROC (Joel Greenblatt) % : -5,914.29% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Namliong SkyCosmos 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. Namliong SkyCosmos's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -5,914.29%.

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

NLSC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4538.46   Med: -329.36   Max: -0.66
Current: -3933.33

During the past 11 years, Namliong SkyCosmos's highest ROC (Joel Greenblatt) % was -0.66%. The lowest was -4538.46%. And the median was -329.36%.

NLSC's ROC (Joel Greenblatt) % is ranked worse than
91.85% of 319 companies
in the Diversified Financial Services industry
Industry Median: -36.14 vs NLSC: -3933.33

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


Namliong SkyCosmos ROC (Joel Greenblatt) % Historical Data

The historical data trend for Namliong SkyCosmos'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.

Namliong SkyCosmos ROC (Joel Greenblatt) % Chart

Namliong SkyCosmos Annual Data
Trend Sep06 Dec07 Dec08 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -4,538.46

Namliong SkyCosmos Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - -3,105.88 -4,700.00 -5,914.29

Competitive Comparison of Namliong SkyCosmos's ROC (Joel Greenblatt) %

For the Shell Companies subindustry, Namliong SkyCosmos'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.


Namliong SkyCosmos's ROC (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Namliong SkyCosmos's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Namliong SkyCosmos's ROC (Joel Greenblatt) % falls into.



Namliong SkyCosmos 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (1.61 + 0 + -2.2204460492503E-16)
=-1.61

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (1.79 + 0 + 0.00099999999999989)
=-1.791

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Namliong SkyCosmos 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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.828/( ( (0.015 + max(-1.61, 0)) + (0.013 + max(-1.791, 0)) )/ 2 )
=-0.828/( ( 0.015 + 0.013 )/ 2 )
=-0.828/0.014
=-5,914.29 %

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


Namliong SkyCosmos  (OTCPK:NLSC) 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.


Namliong SkyCosmos ROC (Joel Greenblatt) % Related Terms

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


Namliong SkyCosmos (Namliong SkyCosmos) Business Description

Traded in Other Exchanges
N/A
Address
No. 357, Ren’ai Street, Yongkang District, Tainan City, TWN, 71072
Namliong SkyCosmos Inc is a shell company.
Executives
Cheng-hsing Hsu director, 10 percent owner, officer: Chief Financial Officer NO. 97, YUNONG 3 ST.,, EASTERN DIST., TAINAN F5 701
Chung-pin Hsiao director, officer: Chief Executive Officer C/O KREIDO BIOFUELS, UNIT 1010-15,10F, TOWER B, 14 SCIENCE MUSEUM ROAD, TSIM SHA TSUI EAST K3 84109
Yu-chiao Hsiao director, officer: Secretary C/O KREIDO BIOFUELS, UNIT 1010-15,10F, TOWER B, 14 SCIENCE MUSEUM ROAD, TSIM SHA TSUI EAST K3 84109
Orient Express & Co., Ltd. 10 percent owner PO BOX 217, OFFSHORE CHAMBERS, APIA Y0 00000
Wai Lim Wong director, officer: CEO, CFO and Secretary 22A-3 JELON METRO PUDU, FRASER BUSINESS PARK, KUALA LUMPUR N8 55100
Chun Ju Dou 10 percent owner FLAT F, 11/F, POWER INDUSTRIAL BUILDING, 9-15 WO HEUNG ST., FO TAN, SHA TIN K3 00000
Chao Zhang 10 percent owner FLAT F, 11/F, POWER INDUSTRIAL BUILDING, 9-15 WO HEUNG ST., FO TAN, SHA TIN K3 00000

Namliong SkyCosmos (Namliong SkyCosmos) Headlines

No Headlines