SZSE:300540'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11.18 Med: 0.51 Max: 3.31
Current: 2.61
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Sichuan Shudao Equipment and Technology Co was 3.31%. The lowest was -11.18%. And the median was 0.51%.
SZSE:300540's Earnings Yield (Joel Greenblatt) % is ranked worse than 59.95% of 3041
companies
in the Industrial Products industry
Industry Median: 3.85
vs SZSE:300540: 2.61
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) %. Sichuan Shudao Equipment and Technology 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.
Sichuan Shudao Equipment and Technology Co Earnings Yield (Joel Greenblatt) % Historical Data
* 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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Sichuan Shudao Equipment and Technology Co Earnings Yield (Joel Greenblatt) % Chart
Sichuan Shudao Equipment and Technology Co Annual Data
Competitive Comparison of Sichuan Shudao Equipment and Technology Co's Earnings Yield (Joel Greenblatt) %
For the Specialty Industrial Machinery subindustry, Sichuan Shudao Equipment and Technology 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.
Sichuan Shudao Equipment and Technology Co's Earnings Yield (Joel Greenblatt) % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sichuan Shudao Equipment and Technology Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sichuan Shudao Equipment and Technology Co's Earnings Yield (Joel Greenblatt) % falls into.
Sichuan Shudao Equipment and Technology 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.
Sichuan Shudao Equipment and Technology 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 ¥80.1 Mil.
Sichuan Shudao Equipment and Technology Co (SZSE:300540) 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.
Sichuan Shudao Equipment and Technology Co Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Sichuan Shudao Equipment and Technology Co's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sichuan Shudao Equipment and Technology Co Business Description
Sichuan Shudao Equipment and Technology Co Ltd R&D, production, and sales of LNG liquefaction equipment, liquid air separation equipment, and cryogenic liquid storage and transportation. It is a joint-stock enterprise that focuses on equipment and is committed to the development and application of new energy and energy-saving technologies, as well as the research and development and manufacture of transportation equipment. Its products and services include Cryogenic technology equipment manufacturing services, Energy Equipment Manufacturing Services, Transportation Equipment Manufacturing Services, and Gas and clean energy investment operations.
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