Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Jiangsu Chengxing Phosph-chemicals CoSHSE:600078 -0.99%52 Earnings Yield (Joel Greenblatt) % is 3.66% as of Jun. 2026, which is 22% below its 10-year median of 4.67. GuruFocus rates SHSE:600078 with a GF Score™ of 52/100 and a GF Value™ of ¥7.63 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,636 Chemicals companies, Jiangsu Chengxing Phosph-chemicals Co ranks better than 53.18% on this metric.
The historical rank and industry rank for Jiangsu Chengxing Phosph-chemicals Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
SHSE:600078'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -37.9 Med: 4.67 Max: 33.61
Current: 4.6
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Jiangsu Chengxing Phosph-chemicals Co was 33.61%. The lowest was -37.90%. And the median was 4.67%.
SHSE:600078's Earnings Yield (Joel Greenblatt) % is ranked better than 53.18% of 1636
companies
in the Chemicals industry
Industry Median: 4.225
vs SHSE:600078: 4.60
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) %. Jiangsu Chengxing Phosph-chemicals Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 0.00%. 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.
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.
Jiangsu Chengxing Phosph-chemicals Co Earnings Yield (Joel Greenblatt) % Chart
SHSE:600078 vs DOW: Earnings Yield (Joel Greenblatt) % Comparison
For the Chemicals subindustry, Jiangsu Chengxing Phosph-chemicals Co'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.
Jiangsu Chengxing Phosph-chemicals Co Earnings Yield (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Jiangsu Chengxing Phosph-chemicals Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Jiangsu Chengxing Phosph-chemicals Co's Earnings Yield (Joel Greenblatt) % falls into.
Jiangsu Chengxing Phosph-chemicals Co 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.
Jiangsu Chengxing Phosph-chemicals Co'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 ¥386 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.66% mean?
Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078) has a Earnings Yield (Joel Greenblatt) % of 3.66% 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 Jiangsu Chengxing Phosph-chemicals Co and its competitors. This is 22% below median its historical median of 4.67. According to the industry distribution chart, Jiangsu Chengxing Phosph-chemicals Co ranks #766 out of 1636 companies in the Chemicals industry, placing it in the top 46.8%.
Is Jiangsu Chengxing Phosph-chemicals Co's Earnings Yield (Joel Greenblatt) % too high?
Jiangsu Chengxing Phosph-chemicals Co's current Earnings Yield (Joel Greenblatt) % of 3.66% is 22% below median its 10-year median of 4.67. The Chemicals industry median Earnings Yield (Joel Greenblatt) % is 4.23. Jiangsu Chengxing Phosph-chemicals Co's value of 3.66% is 13.4% below this industry median. Based on the distribution chart, Jiangsu Chengxing Phosph-chemicals Co ranks #766 out of 1636 companies in the Chemicals industry, which is above the industry midpoint. Overall, Jiangsu Chengxing Phosph-chemicals Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Chengxing Phosph-chemicals Co's Earnings Yield (Joel Greenblatt) % compare to DOW?
According to the Chemicals industry distribution chart, Jiangsu Chengxing Phosph-chemicals Co ranks #766 out of 1636 companies for Earnings Yield (Joel Greenblatt) %. This puts Jiangsu Chengxing Phosph-chemicals Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.23. Jiangsu Chengxing Phosph-chemicals Co's value of 3.66% is 13.4% below this benchmark. While the company's 10-year median is 4.67 vs. the industry median of 4.23, Jiangsu Chengxing Phosph-chemicals Co has consistently been below 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 Chemicals company?
The median Earnings Yield (Joel Greenblatt) % among Chemicals companies is 4.23, based on 1,636 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. Jiangsu Chengxing Phosph-chemicals Co's current Earnings Yield (Joel Greenblatt) % of 3.66% is 13.4% below 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 Jiangsu Chengxing Phosph-chemicals Co and its competitors. For the Chemicals industry, the median Earnings Yield (Joel Greenblatt) % is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Chengxing Phosph-chemicals Co's current Earnings Yield (Joel Greenblatt) % is 3.66%, which is 22% below median its own 10-year median of 4.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Chengxing Phosph-chemicals Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.63, compared to a current price of ¥11.02 — trading 44.4% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.66%, which is 22% below median its 10-year median of 4.67 and 13.4% below the Chemicals industry median of 4.23. Jiangsu Chengxing Phosph-chemicals Co's overall GF Score™ is 52/100 with 4 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 Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078), the current Earnings Yield (Joel Greenblatt) % is 3.66% 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 Jiangsu Chengxing Phosph-chemicals Co (SHSE:600078) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Chengxing Phosph-chemicals Co stock appears to be overvalued.
The current stock price of ¥11.02 is trading 44.4% above its estimated GF Value™ of ¥7.63.
GuruFocus considers Jiangsu Chengxing Phosph-chemicals Co to be Significantly Overvalued.
Key valuation signals for SHSE:600078:
Earnings Yield (Joel Greenblatt) %: 3.66% (22% below median its 10-year median of 4.67)
GF Value™: ¥7.63 vs. price of ¥11.02 (44.4% above fair value)
Industry Position: 13.4% below the Chemicals median (#766 of 1636)
No single metric tells the full story. See the SHSE:600078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600078 has been successfully added to your 
