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Suzhou Victory Precision Manufacture Co (SZSE:002426) Earnings Yield (Joel Greenblatt) % : -5.93% (As of Mar. 2025)


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What is Suzhou Victory Precision Manufacture Co Earnings Yield (Joel Greenblatt) %?

Suzhou Victory Precision Manufacture Co's Enterprise Value for the quarter that ended in Mar. 2025 was ¥12,129 Mil. Suzhou Victory Precision Manufacture Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ¥-719 Mil. Suzhou Victory Precision Manufacture Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was -5.93%.

The historical rank and industry rank for Suzhou Victory Precision Manufacture Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

SZSE:002426' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -27.84   Med: 0.94   Max: 8.38
Current: -6.65

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Suzhou Victory Precision Manufacture Co was 8.38%. The lowest was -27.84%. And the median was 0.94%.

SZSE:002426's Earnings Yield (Joel Greenblatt) % is ranked worse than
88.55% of 3040 companies
in the Industrial Products industry
Industry Median: 3.89 vs SZSE:002426: -6.65

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) %. Suzhou Victory Precision Manufacture 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.


Suzhou Victory Precision Manufacture Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Suzhou Victory Precision Manufacture 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.

Suzhou Victory Precision Manufacture Co Earnings Yield (Joel Greenblatt) % Chart

Suzhou Victory Precision Manufacture 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 6.93 1.90 -1.72 -8.50 -6.00

Suzhou Victory Precision Manufacture 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 -9.23 -10.07 -7.79 -6.00 -5.93

Competitive Comparison of Suzhou Victory Precision Manufacture Co's Earnings Yield (Joel Greenblatt) %

For the Metal Fabrication subindustry, Suzhou Victory Precision Manufacture 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.


Suzhou Victory Precision Manufacture Co's Earnings Yield (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Victory Precision Manufacture Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Suzhou Victory Precision Manufacture Co's Earnings Yield (Joel Greenblatt) % falls into.


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Suzhou Victory Precision Manufacture 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.

Suzhou Victory Precision Manufacture Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-647.796/10795.29868
=-6.00 %

Suzhou Victory Precision Manufacture 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 ¥-719 Mil.



Suzhou Victory Precision Manufacture Co  (SZSE:002426) 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.


Suzhou Victory Precision Manufacture Co Earnings Yield (Joel Greenblatt) % Related Terms

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Suzhou Victory Precision Manufacture Co Business Description

Traded in Other Exchanges
N/A
Address
No 55 Xujing Road Xuguan, Industry Zone, Suzhou New District, Suzhou, CHN, 215151
Suzhou Victory Precision Manufacture Co Ltd is engaged in the business of manufacturing, designing, and selling precision mechanical parts. The products of the company are used in the television industry, notebook computers, and back covers.
Executives
Gao Yu Gen Directors, executives
Wu Jia Fu Directors, executives
Chen Xi Supervisors
Bao Yan Qing Directors, executives
Cao Hai Feng Directors, executives
Chen Xiao Ming Supervisors
Chen Yan Liang Director
Gao Xue Song Directors, executives
Xu Jia Jin Director
Rui Yan Nian Independent director
Zhang Hai Long Executives

Suzhou Victory Precision Manufacture Co Headlines

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