Hubei Kangnong Seed Co (BJSE:920403) ROC (Joel Greenblatt) %: 8.20% (As of Jun. 2026) — 75% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BJSE:920403 Hubei Kangnong Seed Co Ltd BJSE:920403
68 GF Score
Price ¥24.98
GF Value ¥20.12
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Hubei Kangnong Seed Co ROC (Joel Greenblatt) %?

Hubei Kangnong Seed Co BJSE:920403 68 ROC (Joel Greenblatt) % is 8.20% as of Jun. 2026, which is 75% below its 10-year median of 32.60. GuruFocus rates BJSE:920403 with a GF Score™ of 68/100 and a GF Value™ of ¥20.12 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,993 Consumer Packaged Goods companies, Hubei Kangnong Seed Co ranks better than 78.42% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Hubei Kangnong Seed Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 8.20%.

The historical rank and industry rank for Hubei Kangnong Seed Co's ROC (Joel Greenblatt) % or its related term are showing as below:

BJSE:920403' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 25.79   Med: 32.6   Max: 53.44
Current: 29.28

During the past 13 years, Hubei Kangnong Seed Co's highest ROC (Joel Greenblatt) % was 53.44%. The lowest was 25.79%. And the median was 32.60%.

BJSE:920403's ROC (Joel Greenblatt) % is ranked better than
78.42% of 1993 companies
in the Consumer Packaged Goods industry
Industry Median: 12.04 vs BJSE:920403: 29.28

Hubei Kangnong Seed Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -11.90% per year.


Hubei Kangnong Seed Co  (BJSE:920403) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Hubei Kangnong Seed Co ROC (Joel Greenblatt) % Related Terms


Hubei Kangnong Seed Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Hubei Kangnong Seed Co's ROC (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.

Hubei Kangnong Seed Co ROC (Joel Greenblatt) % Chart

Hubei Kangnong Seed Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.26 31.53 27.55 33.67 25.79

Hubei Kangnong Seed Co Quarterly Data
Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (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 10.19 -22.53 132.93 11.25 8.20

BJSE:920403 vs ADM, BG, TSN: ROC (Joel Greenblatt) % Comparison

For the Farm Products subindustry, Hubei Kangnong Seed Co's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (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.


Hubei Kangnong Seed Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hubei Kangnong Seed Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Hubei Kangnong Seed Co's ROC (Joel Greenblatt) % falls into.


BJSE:920403
68GF Score
Hubei Kangnong Seed Co Ltd BJSE:920403
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hubei Kangnong Seed Co ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(173.258 + 271.703 + 83.77) - (28.489 + 0 + 286.682)
=213.56

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(100.931 + 295.363 + 75.024) - (26.413 + 0 + 362.199)
=82.706

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Hubei Kangnong Seed Co for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=23.628/( ( (142.807 + max(213.56, 0)) + (137.556 + max(82.706, 0)) )/ 2 )
=23.628/( ( 356.367 + 220.262 )/ 2 )
=23.628/288.3145
=8.20 %

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT 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.

What does a ROC (Joel Greenblatt) % of 8.20% mean?
Hubei Kangnong Seed Co (BJSE:920403) has a ROC (Joel Greenblatt) % of 8.20% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Hubei Kangnong Seed Co and its competitors. This is 75% below median its historical median of 32.60. Over the past decade, Hubei Kangnong Seed Co's ROC (Joel Greenblatt) % has ranged from 25.79 to 53.44. According to the industry distribution chart, Hubei Kangnong Seed Co ranks #430 out of 1993 companies in the Consumer Packaged Goods industry, placing it in the top 21.6%.
Is Hubei Kangnong Seed Co's ROC (Joel Greenblatt) % too high?
Hubei Kangnong Seed Co's current ROC (Joel Greenblatt) % of 8.20% is 75% below median its 10-year median of 32.60. Over the past 10 years, this metric has ranged from a low of 25.79 to a high of 53.44. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.04. Hubei Kangnong Seed Co's value of 8.20% is 31.9% below this industry median. Based on the distribution chart, Hubei Kangnong Seed Co ranks #430 out of 1993 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Hubei Kangnong Seed Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hubei Kangnong Seed Co's ROC (Joel Greenblatt) % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Hubei Kangnong Seed Co ranks #430 out of 1993 companies for ROC (Joel Greenblatt) %. This places Hubei Kangnong Seed Co in the top 22% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.04. Hubei Kangnong Seed Co's value of 8.20% is 31.9% below this benchmark. Historically, Hubei Kangnong Seed Co's own ROC (Joel Greenblatt) % has ranged from 25.79 to 53.44 over the past decade. While the company's 10-year median is 32.60 vs. the industry median of 12.04, Hubei Kangnong Seed Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 12.04, based on 1,993 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hubei Kangnong Seed Co's current ROC (Joel Greenblatt) % of 8.20% is 31.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Hubei Kangnong Seed Co and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 12.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hubei Kangnong Seed Co's current ROC (Joel Greenblatt) % is 8.20%, which is 75% below median its own 10-year median of 32.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hubei Kangnong Seed Co stock overvalued right now?
Based on GuruFocus' analysis, Hubei Kangnong Seed Co (BJSE:920403) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥20.12, compared to a current price of ¥24.98 — trading 24.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 8.20%, which is 75% below median its 10-year median of 32.60 and 31.9% below the Consumer Packaged Goods industry median of 12.04. Hubei Kangnong Seed Co's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Hubei Kangnong Seed Co (BJSE:920403), the current ROC (Joel Greenblatt) % is 8.20% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hubei Kangnong Seed Co (BJSE:920403) Overvalued in 2026?

Based on GuruFocus' analysis, Hubei Kangnong Seed Co stock appears to be overvalued. The current stock price of ¥24.98 is trading 24.2% above its estimated GF Value™ of ¥20.12. GuruFocus considers Hubei Kangnong Seed Co to be Modestly Overvalued.

Key valuation signals for BJSE:920403:

  • ROC (Joel Greenblatt) %: 8.20% (75% below median its 10-year median of 32.60)
  • GF Value™: ¥20.12 vs. price of ¥24.98 (24.2% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 31.9% below the Consumer Packaged Goods median (#430 of 1993)

No single metric tells the full story. See the BJSE:920403 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hubei Kangnong Seed Co Business Description

Address No. 553, Changyang Avenue, Changyang Economic Development Zone, Hubei Province, Yichang, CHN, 443501
Hubei Kangnong Seed Co Ltd is engaged in research and developments, production and sales of hybrid corn seeds with high yield, stable yield and good comprehensive resistance. It has one main (corn seeds) and two wings (konjac seedlings, Chinese herbal medicine seeds and seedlings) and has 3 fully-automatic corn seed processing lines (10T/h) and 4 fully-automatic intelligent konjac seed processing lines (6T/h). ), with a storage capacity of 60,000 m³.
68GF Score

Get the complete analysis for BJSE:920403

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥24.98
Price
¥20.12
GF Value