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Wuxi NCE Power Co (SHSE:605111) Earnings Yield (Joel Greenblatt) % : 4.41% (As of Mar. 2025)


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What is Wuxi NCE Power Co Earnings Yield (Joel Greenblatt) %?

Wuxi NCE Power Co's Enterprise Value for the quarter that ended in Mar. 2025 was ¥11,572 Mil. Wuxi NCE Power Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ¥511 Mil. Wuxi NCE Power Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was 4.41%.

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

SHSE:605111' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.8   Med: 3.13   Max: 8.1
Current: 5.12

During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Wuxi NCE Power Co was 8.10%. The lowest was 0.80%. And the median was 3.13%.

SHSE:605111's Earnings Yield (Joel Greenblatt) % is ranked better than
69.51% of 1007 companies
in the Semiconductors industry
Industry Median: 2.04 vs SHSE:605111: 5.12

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) %. Wuxi NCE Power Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2025 was 21.45%. 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.


Wuxi NCE Power Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Wuxi NCE Power 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.

Wuxi NCE Power Co Earnings Yield (Joel Greenblatt) % Chart

Wuxi NCE Power 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 0.80 1.90 3.32 4.04 4.26

Wuxi NCE Power 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 4.55 4.46 4.49 4.26 4.41

Competitive Comparison of Wuxi NCE Power Co's Earnings Yield (Joel Greenblatt) %

For the Semiconductor Equipment & Materials subindustry, Wuxi NCE Power 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.


Wuxi NCE Power Co's Earnings Yield (Joel Greenblatt) % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Wuxi NCE Power Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Wuxi NCE Power Co's Earnings Yield (Joel Greenblatt) % falls into.


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Wuxi NCE Power 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.

Wuxi NCE Power Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=488.871/11462.61503
=4.26 %

Wuxi NCE Power 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 ¥511 Mil.



Wuxi NCE Power Co  (SHSE:605111) 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.


Wuxi NCE Power Co Earnings Yield (Joel Greenblatt) % Related Terms

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Wuxi NCE Power Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Extension of Xinda Road, Singapore Industrial Park, Xinwu District, Jiangsu Province (east side of the road), Wuxi, CHN, 214000
Wuxi NCE Power Co Ltd is engaged in design and sales of MOSFET, IGBT and other semiconductor chips and power devices. The company provides 12V~200V Trench MOSFET (N channel and P channel), 30V~300V Super Trench MOSFET (N channel and P channel), 500V~900V Super Junction MOSFET and 600V~1350V Insulated Gate Bipolar Transistor (IGBT). Its products are widely applied in numerous fields, like automotive electronics, motor driver, household appliances, consumer electronics, LED lighting, security, electric motorcycle, network communication equipment, among others.
Executives
Ye Peng Directors, senior managers
Wang Cheng Hong Directors, senior managers
Lu Hong senior management
Xiao Dong Ge senior management
Gu Peng Peng Director
Li Zong Qing Supervisors
Wang Yong Gang senior management
Zhu Yuan Zheng Directors, senior managers
Chen Ling Li Supervisors
Zong Zhen senior management
Yang Zhuo Director
Wu Guo Qiang Supervisors

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