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Chongqing Wangcheng Technology CoBJSE:920896 70 ROC (Joel Greenblatt) % is 21.49% as of Jun. 2026, which is 17% below its 10-year median of 25.91. GuruFocus rates BJSE:920896 with a GF Score™ of 70/100 and a GF Value™ of ¥17.30 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Chongqing Wangcheng Technology Co ranks better than 75.6% 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. Chongqing Wangcheng Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 21.49%.
The historical rank and industry rank for Chongqing Wangcheng Technology Co's ROC (Joel Greenblatt) % or its related term are showing as below:
BJSE:920896'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.84 Med: 25.91 Max: 40.93
Current: 23.41
During the past 13 years, Chongqing Wangcheng Technology Co's highest ROC (Joel Greenblatt) % was 40.93%. The lowest was 13.84%. And the median was 25.91%.
BJSE:920896's ROC (Joel Greenblatt) % is ranked better than 75.6% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 12.205
vs BJSE:920896: 23.41
Chongqing Wangcheng Technology Co (BJSE:920896) 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.
* 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.
Chongqing Wangcheng Technology Co ROC (Joel Greenblatt) % Chart
BJSE:920896 vs ORLY, AZO, GPC: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, Chongqing Wangcheng Technology 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.
Chongqing Wangcheng Technology Co ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Chongqing Wangcheng Technology Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Chongqing Wangcheng Technology Co's ROC (Joel Greenblatt) % falls into.
Chongqing Wangcheng Technology 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:
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.
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 21.49% mean?
Chongqing Wangcheng Technology Co (BJSE:920896) has a ROC (Joel Greenblatt) % of 21.49% 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 Chongqing Wangcheng Technology Co and its competitors. This is 17% below median its historical median of 25.91. Over the past decade, Chongqing Wangcheng Technology Co's ROC (Joel Greenblatt) % has ranged from 13.84 to 40.93. According to the industry distribution chart, Chongqing Wangcheng Technology Co ranks #325 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 24.4%.
Is Chongqing Wangcheng Technology Co's ROC (Joel Greenblatt) % too high?
Chongqing Wangcheng Technology Co's current ROC (Joel Greenblatt) % of 21.49% is 17% below median its 10-year median of 25.91. Over the past 10 years, this metric has ranged from a low of 13.84 to a high of 40.93. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.21. Chongqing Wangcheng Technology Co's value of 21.49% is 76.1% above this industry median. Based on the distribution chart, Chongqing Wangcheng Technology Co ranks #325 out of 1332 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Chongqing Wangcheng Technology Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Wangcheng Technology Co's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Chongqing Wangcheng Technology Co ranks #325 out of 1332 companies for ROC (Joel Greenblatt) %. This places Chongqing Wangcheng Technology Co in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.21. Chongqing Wangcheng Technology Co's value of 21.49% is 76.1% above this benchmark. Historically, Chongqing Wangcheng Technology Co's own ROC (Joel Greenblatt) % has ranged from 13.84 to 40.93 over the past decade. While the company's 10-year median is 25.91 vs. the industry median of 12.21, Chongqing Wangcheng Technology Co has consistently been above 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.21, based on 1,332 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. Chongqing Wangcheng Technology Co's current ROC (Joel Greenblatt) % of 21.49% is 76.1% above 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 Chongqing Wangcheng Technology Co and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Wangcheng Technology Co's current ROC (Joel Greenblatt) % is 21.49%, which is 17% below median its own 10-year median of 25.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Wangcheng Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Wangcheng Technology Co (BJSE:920896) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥17.30, compared to a current price of ¥12.02 — trading 30.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 21.49%, which is 17% below median its 10-year median of 25.91 and 76.1% above the Vehicles & Parts industry median of 12.21. Chongqing Wangcheng Technology Co's overall GF Score™ is 70/100 with 3 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 Chongqing Wangcheng Technology Co (BJSE:920896), the current ROC (Joel Greenblatt) % is 21.49% 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 Chongqing Wangcheng Technology Co (BJSE:920896) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Wangcheng Technology Co stock appears to be undervalued.
The current stock price of ¥12.02 is trading 30.5% below its estimated GF Value™ of ¥17.30.
GuruFocus considers Chongqing Wangcheng Technology Co to be Modestly Undervalued.
Key valuation signals for BJSE:920896:
ROC (Joel Greenblatt) %: 21.49% (17% below median its 10-year median of 25.91)
GF Value™: ¥17.30 vs. price of ¥12.02 (30.5% below fair value)
Industry Position: 76.1% above the Vehicles & Parts median (#325 of 1332)
No single metric tells the full story. See the BJSE:920896 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Wangcheng Technology Co Ltd engages in research, development, production, and sales of friction materials for gears, clutches, and transmissions. It produces gears, clutches, and other products. The firm supplies its products in motorcycles, terrain vehicles, cars, wind power equipment, agricultural machines, and other fields. The company's products include two main categories: gears and clutches, mainly used in motorcycles, automobiles, all-terrain vehicles, and agricultural machinery.
70GF Score
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