GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shanghai Baolong Automotive Corp (SHSE:603197) » Definitions » Earnings Yield (Joel Greenblatt) %

Shanghai Baolong Automotive (SHSE:603197) Earnings Yield (Joel Greenblatt) % : 4.22% (As of Mar. 2025)


View and export this data going back to 2017. Start your Free Trial

What is Shanghai Baolong Automotive Earnings Yield (Joel Greenblatt) %?

Shanghai Baolong Automotive's Enterprise Value for the quarter that ended in Mar. 2025 was ¥13,123 Mil. Shanghai Baolong Automotive's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ¥554 Mil. Shanghai Baolong Automotive's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was 4.22%.

The historical rank and industry rank for Shanghai Baolong Automotive's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

SHSE:603197' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.43   Med: 5.01   Max: 11.77
Current: 4.7

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Shanghai Baolong Automotive was 11.77%. The lowest was 2.43%. And the median was 5.01%.

SHSE:603197's Earnings Yield (Joel Greenblatt) % is ranked worse than
54.37% of 1326 companies
in the Vehicles & Parts industry
Industry Median: 5.395 vs SHSE:603197: 4.70

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 Baolong Automotive's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2025 was 6.74%. 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 Baolong Automotive Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Shanghai Baolong Automotive'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.

Shanghai Baolong Automotive Earnings Yield (Joel Greenblatt) % Chart

Shanghai Baolong Automotive 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 4.45 3.31 3.20 3.93 4.67

Shanghai Baolong Automotive 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 4.55 5.53 4.39 4.67 4.22

Competitive Comparison of Shanghai Baolong Automotive's Earnings Yield (Joel Greenblatt) %

For the Auto Parts subindustry, Shanghai Baolong Automotive'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 Baolong Automotive's Earnings Yield (Joel Greenblatt) % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Baolong Automotive's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Shanghai Baolong Automotive's Earnings Yield (Joel Greenblatt) % falls into.


;
;

Shanghai Baolong Automotive 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 Baolong Automotives Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=533.92/11434.79925
=4.67 %

Shanghai Baolong Automotive'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 ¥554 Mil.



Shanghai Baolong Automotive  (SHSE:603197) 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.


Shanghai Baolong Automotive Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Shanghai Baolong Automotive's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Baolong Automotive Business Description

Traded in Other Exchanges
N/A
Address
5500, Shenzhuan Road, Songjiang District, Shanghai, CHN, 201619
Shanghai Baolong Automotive Corp is a Chinese manufacturer of automotive parts and components. Its products include tire valves and accessories, wheel balancing weights, performance exhaust products, automotive pressure sensors, and hydro-forming automotive body parts, among others. The company sells its products in China and various other countries.
Executives
Yin Shu Fei senior management
Wen Jian Feng senior management
Chen Hong Quan Directors, senior managers
Wang Sheng Quan Directors, senior managers
Feng Mei Lai senior management
Chen Xu Lin Directors, senior managers
Chen Hong Ling Director
Zhang Zu Qiu Director
Lan Rui Lin Supervisors
Huang Jun Lin Supervisors
Yang Shou Wen Supervisors

Shanghai Baolong Automotive Headlines

No Headlines