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Tengda Construction Group Co (SHSE:600512) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Mar. 2025)


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What is Tengda Construction Group Co Earnings Yield (Joel Greenblatt) %?

Tengda Construction Group Co's Enterprise Value for the quarter that ended in Mar. 2025 was ¥1,238 Mil. Tengda Construction Group Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-93 Mil. Tengda Construction Group Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was 0.00%.

The historical rank and industry rank for Tengda Construction Group Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

SHSE:600512' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -306.87   Med: 10.92   Max: 147.09
Current: -6.57

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Tengda Construction Group Co was 147.09%. The lowest was -306.87%. And the median was 10.92%.

SHSE:600512's Earnings Yield (Joel Greenblatt) % is ranked worse than
62.59% of 1764 companies
in the Construction industry
Industry Median: 6.68 vs SHSE:600512: -6.57

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) %. Tengda Construction Group Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2025 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.


Tengda Construction Group Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Tengda Construction Group Co's Earnings Yield (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.

Tengda Construction Group Co Earnings Yield (Joel Greenblatt) % Chart

Tengda Construction Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.67 72.99 27.40 7.50 3.15

Tengda Construction Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Earnings Yield (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 6.77 11.48 5.38 3.15 -

Competitive Comparison of Tengda Construction Group Co's Earnings Yield (Joel Greenblatt) %

For the Engineering & Construction subindustry, Tengda Construction Group 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.


Tengda Construction Group Co's Earnings Yield (Joel Greenblatt) % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tengda Construction Group Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Tengda Construction Group Co's Earnings Yield (Joel Greenblatt) % falls into.


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Tengda Construction Group 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.

Tengda Construction Group Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=38.776/1232.13811
=3.15 %

Tengda Construction Group Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-93 Mil.



Tengda Construction Group Co  (SHSE:600512) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Tengda Construction Group Co Earnings Yield (Joel Greenblatt) % Related Terms

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Tengda Construction Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Luqiao Avenue East, Luqiao District, Taizhou, Zhejiang, CHN, 318050
Tengda Construction Group Co Ltd is a China-based company engaged in construction engineering and operation of railways, roads, and bridges. It is mainly engaged in urban roads, bridges, elevated roads, rail transit, sewage treatment, highways, housing construction and other projects. The company conducts its businesses primarily in domestic markets.
Executives
Yan Wei Lei senior management
Wang Zheng Chu senior management
Ye Li Jun Director
Yang Jiu Ru Directors, senior managers
Sun Jiu Chun Directors, senior managers
Wang Gui senior management
Ye Xiao Gen Director
Ye Lin Fu Director
Chen Hua Cai Director
Lin Huan Supervisors
Ye Yang Zeng senior management
Ye Li Chun Director
Xu Jun Ming Director
Ye Chun Fang Director
Ye Chun Fang Director

Tengda Construction Group Co Headlines

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