GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » S-Enjoy Service Group Co Ltd (HKSE:01755) » Definitions » ROC (Joel Greenblatt) %

S-Enjoy Service Group Co (HKSE:01755) ROC (Joel Greenblatt) % : 468.47% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is S-Enjoy Service Group 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. S-Enjoy Service Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 468.47%.

The historical rank and industry rank for S-Enjoy Service Group Co's ROC (Joel Greenblatt) % or its related term are showing as below:

HKSE:01755' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 639.69   Med: 805.95   Max: 2935.41
Current: 660.17

During the past 9 years, S-Enjoy Service Group Co's highest ROC (Joel Greenblatt) % was 2935.41%. The lowest was 639.69%. And the median was 805.95%.

HKSE:01755's ROC (Joel Greenblatt) % is ranked better than
91.82% of 1784 companies
in the Real Estate industry
Industry Median: 10.375 vs HKSE:01755: 660.17

S-Enjoy Service Group Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -24.30% per year.


S-Enjoy Service Group Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for S-Enjoy Service Group 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.

S-Enjoy Service Group Co ROC (Joel Greenblatt) % Chart

S-Enjoy Service Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 2,711.50 2,935.41 1,453.63 666.13 657.37

S-Enjoy Service Group Co Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only 1,175.97 843.01 610.87 842.93 468.47

Competitive Comparison of S-Enjoy Service Group Co's ROC (Joel Greenblatt) %

For the Real Estate Services subindustry, S-Enjoy Service Group 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.


S-Enjoy Service Group Co's ROC (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, S-Enjoy Service Group Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where S-Enjoy Service Group Co's ROC (Joel Greenblatt) % falls into.



S-Enjoy Service Group 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. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1983.363 + 36.777 + 800.464) - (2068.373 + 0 + 1566.346)
=-814.115

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1965.362 + 43.329 + -9.0949470177293E-13) - (1866.371 + 0 + 1576.641)
=-1434.321

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of S-Enjoy Service Group Co 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 )
=484.942/( ( (106.189 + max(-814.115, 0)) + (100.844 + max(-1434.321, 0)) )/ 2 )
=484.942/( ( 106.189 + 100.844 )/ 2 )
=484.942/103.5165
=468.47 %

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.


S-Enjoy Service Group Co  (HKSE:01755) 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.


S-Enjoy Service Group Co ROC (Joel Greenblatt) % Related Terms

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


S-Enjoy Service Group Co (HKSE:01755) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Lane 388, Zhongjiang Road, 12th Floor, Xincheng Holdings Tower B, Putuo, Shanghai, CHN
S-Enjoy Service Group Co Ltd is a investment holding company it operates through subsidiaries are principally engaged in property management service provider. It provides a range of property management services and value-added services for property developers, residents, and tenants. Services offered by the company include equipment maintenance, security services, cleaning services, gardening, public area maintenance. It operates in four segments: property management services, value-added services, developer-related value-added services, community-related value-added services, and smart community services. The company primarily operates in China.
Executives
Wang Zhenhua
Chen Ting Sen (ptc) Limited 2301 Trustee
Infinity Fortune Development Limited 2201 Interest of corporation controlled by you
First Priority Group Limited 2201 Interest of corporation controlled by you
Innovative Hero Limited 2101 Beneficial owner
Wealth Zone Hong Kong Investments Limited 2201 Interest of corporation controlled by you

S-Enjoy Service Group Co (HKSE:01755) Headlines

No Headlines