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Henan Huaying Agricultural Development Co (SZSE:002321) Earnings Yield (Joel Greenblatt) % : 3.44% (As of Mar. 2025)


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What is Henan Huaying Agricultural Development Co Earnings Yield (Joel Greenblatt) %?

Henan Huaying Agricultural Development Co's Enterprise Value for the quarter that ended in Mar. 2025 was ¥5,699 Mil. Henan Huaying Agricultural Development Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ¥196 Mil. Henan Huaying Agricultural Development Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was 3.44%.

The historical rank and industry rank for Henan Huaying Agricultural Development Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

SZSE:002321' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -185.61   Med: 3.13   Max: 15.25
Current: 3.37

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Henan Huaying Agricultural Development Co was 15.25%. The lowest was -185.61%. And the median was 3.13%.

SZSE:002321's Earnings Yield (Joel Greenblatt) % is ranked worse than
62.05% of 1979 companies
in the Consumer Packaged Goods industry
Industry Median: 5.52 vs SZSE:002321: 3.37

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) %. Henan Huaying Agricultural Development 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.


Henan Huaying Agricultural Development Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Henan Huaying Agricultural Development 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.

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Henan Huaying Agricultural Development Co Earnings Yield (Joel Greenblatt) % Chart

Henan Huaying Agricultural Development 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 -19.12 -178.57 -8.80 2.65 3.70

Henan Huaying Agricultural Development 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 3.06 4.59 3.50 3.70 3.44

Competitive Comparison of Henan Huaying Agricultural Development Co's Earnings Yield (Joel Greenblatt) %

For the Farm Products subindustry, Henan Huaying Agricultural Development 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.


Henan Huaying Agricultural Development Co's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Henan Huaying Agricultural Development Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Henan Huaying Agricultural Development Co's Earnings Yield (Joel Greenblatt) % falls into.


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Henan Huaying Agricultural Development 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.

Henan Huaying Agricultural Development Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=213.531/5770.1511
=3.70 %

Henan Huaying Agricultural Development 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 ¥196 Mil.



Henan Huaying Agricultural Development Co  (SZSE:002321) 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.


Henan Huaying Agricultural Development Co Earnings Yield (Joel Greenblatt) % Related Terms

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Henan Huaying Agricultural Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Industrial Avenue, Industrial Cluster, Henan Province, Huangchuan County, CHN, 465150
Henan Huaying Agricultural Development Co Ltd is a China-based company primarily engaged in the breeding, processing, and sale of poultry. Major products include frozen duck, chicken products, feedstuffs, and breeder eggs.
Executives
Xu Shui Jun Directors, executives
Ding Qing Bo Supervisors
Gong Bao Feng Directors, executives
Hu Kui Executives
Zhang Jia Ming Executives
Zhang Yong Directors, executives
Li Ling Ge Supervisors
Zhu Ming Hong Director
Min Qun Directors, executives
Du Dao Feng Directors, executives
Cao Jia Fu Directors, executives
Wang Kai Jiang Directors, executives
Zhu Min Chuan Director
Li Shi Liang Executives
Yang Zhi Ming Supervisors

Henan Huaying Agricultural Development Co Headlines

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