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China United Network CommunicationsSHSE:600050 -0.23%80 Earnings Yield (Joel Greenblatt) % is 6.16% as of Jun. 2026, which is 4% above its 10-year median of 5.94. GuruFocus rates SHSE:600050 with a GF Score™ of 80/100 and a GF Value™ of ¥5.11 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 374 Telecommunication Services companies, China United Network Communications ranks better than 51.07% on this metric.
The historical rank and industry rank for China United Network Communications's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
SHSE:600050'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.8 Med: 5.94 Max: 9.16
Current: 6
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of China United Network Communications was 9.16%. The lowest was 0.80%. And the median was 5.94%.
SHSE:600050's Earnings Yield (Joel Greenblatt) % is ranked better than 51.07% of 374
companies
in the Telecommunication Services industry
Industry Median: 5.905
vs SHSE:600050: 6.00
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. China United Network Communications's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 27.07%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
China United Network Communications (SHSE:600050) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
* 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.
China United Network Communications Earnings Yield (Joel Greenblatt) % Chart
For the Telecom Services subindustry, China United Network Communications's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (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.
China United Network Communications Earnings Yield (Joel Greenblatt) % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, China United Network Communications's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China United Network Communications's Earnings Yield (Joel Greenblatt) % falls into.
China United Network Communications Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
China United Network Communications's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥19,848 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.16% mean?
China United Network Communications (SHSE:600050) has a Earnings Yield (Joel Greenblatt) % of 6.16% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on China United Network Communications and its competitors. This is near median its historical median of 5.94. Over the past decade, China United Network Communications' Earnings Yield (Joel Greenblatt) % has ranged from 0.80 to 9.16. According to the industry distribution chart, China United Network Communications ranks #183 out of 374 companies in the Telecommunication Services industry, placing it in the top 48.9%.
Is China United Network Communications' Earnings Yield (Joel Greenblatt) % too high?
China United Network Communications' current Earnings Yield (Joel Greenblatt) % of 6.16% is near median its 10-year median of 5.94. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 9.16. The Telecommunication Services industry median Earnings Yield (Joel Greenblatt) % is 5.91. China United Network Communications' value of 6.16% is 4.3% above this industry median. Based on the distribution chart, China United Network Communications ranks #183 out of 374 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, China United Network Communications has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China United Network Communications' Earnings Yield (Joel Greenblatt) % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, China United Network Communications ranks #183 out of 374 companies for Earnings Yield (Joel Greenblatt) %. This puts China United Network Communications in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.91. China United Network Communications' value of 6.16% is 4.3% above this benchmark. Historically, China United Network Communications' own Earnings Yield (Joel Greenblatt) % has ranged from 0.80 to 9.16 over the past decade. While the company's 10-year median is 5.94 vs. the industry median of 5.91, China United Network Communications has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Telecommunication Services company?
The median Earnings Yield (Joel Greenblatt) % among Telecommunication Services companies is 5.91, based on 374 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China United Network Communications's current Earnings Yield (Joel Greenblatt) % of 6.16% is 4.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on China United Network Communications and its competitors. For the Telecommunication Services industry, the median Earnings Yield (Joel Greenblatt) % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China United Network Communications's current Earnings Yield (Joel Greenblatt) % is 6.16%, which is near median its own 10-year median of 5.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China United Network Communications stock overvalued right now?
Based on GuruFocus' analysis, China United Network Communications (SHSE:600050) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.11, compared to a current price of ¥4.25 — trading 16.8% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.16%, which is near median its 10-year median of 5.94 and 4.3% above the Telecommunication Services industry median of 5.91. China United Network Communications' overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For China United Network Communications (SHSE:600050), the current Earnings Yield (Joel Greenblatt) % is 6.16% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China United Network Communications (SHSE:600050) Overvalued in 2026?
Based on GuruFocus' analysis, China United Network Communications stock appears to be undervalued.
The current stock price of ¥4.25 is trading 16.8% below its estimated GF Value™ of ¥5.11.
GuruFocus considers China United Network Communications to be Modestly Undervalued.
Key valuation signals for SHSE:600050:
Earnings Yield (Joel Greenblatt) %: 6.16% (near median its 10-year median of 5.94)
GF Value™: ¥5.11 vs. price of ¥4.25 (16.8% below fair value)
Industry Position: 4.3% above the Telecommunication Services median (#183 of 374)
No single metric tells the full story. See the SHSE:600050 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China United Network Communications Ltd is a Chinese telecom operator. It operates fixed and mobile communications services, as well as domestic and international communications facilities, a satellite IPLC service, a data communications service, a network access service, value-added telecom services, and system integration services related to information and communications services. The company provides its products to personal & residential customers, small & medium businesses, VIP customers, and international customers.
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