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Shanghai Zhenhua Heavy Industries CoSHSE:600320 -1.66%75 Earnings Yield (Joel Greenblatt) % is 3.80% as of Jun. 2026, which is 4% above its 10-year median of 3.64. GuruFocus rates SHSE:600320 with a GF Score™ of 75/100 and a GF Value™ of ¥4.16 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,105 Industrial Products companies, Shanghai Zhenhua Heavy Industries Co ranks better than 61.67% on this metric.
The historical rank and industry rank for Shanghai Zhenhua Heavy Industries Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
SHSE:600320'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.63 Med: 3.64 Max: 5.43
Current: 5.21
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Shanghai Zhenhua Heavy Industries Co was 5.43%. The lowest was 1.63%. And the median was 3.64%.
SHSE:600320's Earnings Yield (Joel Greenblatt) % is ranked better than 61.67% of 3105
companies
in the Industrial Products industry
Industry Median: 3.46
vs SHSE:600320: 5.21
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) %. Shanghai Zhenhua Heavy Industries Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 22.73%. 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.
Shanghai Zhenhua Heavy Industries Co (SHSE:600320) 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.
Shanghai Zhenhua Heavy Industries Co Earnings Yield (Joel Greenblatt) % Chart
For the Specialty Industrial Machinery subindustry, Shanghai Zhenhua Heavy Industries 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.
Shanghai Zhenhua Heavy Industries Co Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shanghai Zhenhua Heavy Industries Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Shanghai Zhenhua Heavy Industries Co's Earnings Yield (Joel Greenblatt) % falls into.
Shanghai Zhenhua Heavy Industries 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.
Shanghai Zhenhua Heavy Industries 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 ¥1,786 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.80% mean?
Shanghai Zhenhua Heavy Industries Co (SHSE:600320) has a Earnings Yield (Joel Greenblatt) % of 3.80% 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 Shanghai Zhenhua Heavy Industries Co and its competitors. This is near median its historical median of 3.64. Over the past decade, Shanghai Zhenhua Heavy Industries Co's Earnings Yield (Joel Greenblatt) % has ranged from 1.63 to 5.43. According to the industry distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #1190 out of 3105 companies in the Industrial Products industry, placing it in the top 38.3%.
Is Shanghai Zhenhua Heavy Industries Co's Earnings Yield (Joel Greenblatt) % too high?
Shanghai Zhenhua Heavy Industries Co's current Earnings Yield (Joel Greenblatt) % of 3.80% is near median its 10-year median of 3.64. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 5.43. The Industrial Products industry median Earnings Yield (Joel Greenblatt) % is 3.46. Shanghai Zhenhua Heavy Industries Co's value of 3.80% is 9.8% above this industry median. Based on the distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #1190 out of 3105 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shanghai Zhenhua Heavy Industries Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Zhenhua Heavy Industries Co's Earnings Yield (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #1190 out of 3105 companies for Earnings Yield (Joel Greenblatt) %. This puts Shanghai Zhenhua Heavy Industries Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.46. Shanghai Zhenhua Heavy Industries Co's value of 3.80% is 9.8% above this benchmark. Historically, Shanghai Zhenhua Heavy Industries Co's own Earnings Yield (Joel Greenblatt) % has ranged from 1.63 to 5.43 over the past decade. While the company's 10-year median is 3.64 vs. the industry median of 3.46, Shanghai Zhenhua Heavy Industries Co 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 an Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.46, based on 3,105 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. Shanghai Zhenhua Heavy Industries Co's current Earnings Yield (Joel Greenblatt) % of 3.80% is 9.8% 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 Shanghai Zhenhua Heavy Industries Co and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Zhenhua Heavy Industries Co's current Earnings Yield (Joel Greenblatt) % is 3.80%, which is near median its own 10-year median of 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Zhenhua Heavy Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co (SHSE:600320) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.16, compared to a current price of ¥4.14 — trading 0.5% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.80%, which is near median its 10-year median of 3.64 and 9.8% above the Industrial Products industry median of 3.46. Shanghai Zhenhua Heavy Industries Co's overall GF Score™ is 75/100 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 Shanghai Zhenhua Heavy Industries Co (SHSE:600320), the current Earnings Yield (Joel Greenblatt) % is 3.80% 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 Shanghai Zhenhua Heavy Industries Co (SHSE:600320) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co stock appears to be undervalued.
The current stock price of ¥4.14 is trading 0.5% below its estimated GF Value™ of ¥4.16.
GuruFocus considers Shanghai Zhenhua Heavy Industries Co to be Fairly Valued.
Key valuation signals for SHSE:600320:
Earnings Yield (Joel Greenblatt) %: 3.80% (near median its 10-year median of 3.64)
GF Value™: ¥4.16 vs. price of ¥4.14 (0.5% below fair value)
Industry Position: 9.8% above the Industrial Products median (#1190 of 3105)
No single metric tells the full story. See the SHSE:600320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Zhenhua Heavy Industries Co Ltd manufactures heavy equipment and offers product design and aftermarket services. It constructs large port loading systems and equipment, offshore heavy equipment, engineering machinery, ships, and other large structures. In addition, the company offers environment-friendly devices, including wind power, sea water desalination, sewage treatment, and recycling equipment. Research centers and technologies help meet customers' needs, and provide innovative solutions to enhance operational performance. Offices with regional parts are scattered across the globe to supply timely responses and support preventive maintenance. The majority of total revenue comes from Asia, but the company has diversified operations to several continents.
75GF Score
Get the complete analysis for SHSE:600320
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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