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. China Dongxiang (Group) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -469.82%.
The historical rank and industry rank for China Dongxiang (Group) Co's ROC (Joel Greenblatt) % or its related term are showing as below:
CDGXY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -872.19 Med: 85.15 Max: 694.69
Current: -112.89
During the past 13 years, China Dongxiang (Group) Co's highest ROC (Joel Greenblatt) % was 694.69%. The lowest was -872.19%. And the median was 85.15%.
CDGXY's ROC (Joel Greenblatt) % is ranked worse than 96.78% of 1055
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.37
vs CDGXY: -112.89
China Dongxiang (Group) Co (OTCPK:CDGXY) 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.
China Dongxiang (Group) Co ROC (Joel Greenblatt) % Chart
CDGXY vs RL, LEVI, VFC: ROC (Joel Greenblatt) % Comparison
For the Apparel Manufacturing subindustry, China Dongxiang (Group) 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.
China Dongxiang (Group) Co ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Dongxiang (Group) Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China Dongxiang (Group) Co's ROC (Joel Greenblatt) % falls into.
China Dongxiang (Group) 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 two times the semi-annual (Mar. 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 -469.82% mean?
China Dongxiang (Group) Co (CDGXY) has a ROC (Joel Greenblatt) % of -469.82% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on China Dongxiang (Group) Co and its competitors. According to the industry distribution chart, China Dongxiang (Group) Co ranks #1021 out of 1055 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 96.8%.
Is China Dongxiang (Group) Co's ROC (Joel Greenblatt) % too high?
China Dongxiang (Group) Co's current ROC (Joel Greenblatt) % is -469.82%. Based on the distribution chart, China Dongxiang (Group) Co ranks #1021 out of 1055 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, China Dongxiang (Group) Co has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does China Dongxiang (Group) Co's ROC (Joel Greenblatt) % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, China Dongxiang (Group) Co ranks #1021 out of 1055 companies for ROC (Joel Greenblatt) %. This places China Dongxiang (Group) Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.37. 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.37, based on 1,055 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. 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 China Dongxiang (Group) Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Dongxiang (Group) Co's current ROC (Joel Greenblatt) % is -469.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Dongxiang (Group) Co stock overvalued right now?
China Dongxiang (Group) Co (CDGXY) has a current ROC (Joel Greenblatt) % of -469.82%. The stock's GF Value™ is $3.08, compared to a current price of $2.47 — trading 19.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is -469.82%. China Dongxiang (Group) Co's overall GF Score™ is 46/100 with 5 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 China Dongxiang (Group) Co (CDGXY), the current ROC (Joel Greenblatt) % is -469.82% as of Mar. 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 China Dongxiang (Group) Co (CDGXY) Overvalued in 2026?
Based on GuruFocus' analysis, China Dongxiang (Group) Co stock appears to be undervalued.
The current stock price of $2.47 is trading 19.7% below its estimated GF Value™ of $3.08.
Key valuation signals for CDGXY:
ROC (Joel Greenblatt) %: -469.82%
GF Value™: $3.08 vs. price of $2.47 (19.7% below fair value)
No single metric tells the full story. See the CDGXY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Dongxiang (Group) Co Ltd manufactures sports apparel and footwear. Its main brand is Kappa, which it sells in China. The company's primary sales channel is wholesale to distributors. The company also sells directly to consumers through company-operated retail stores and outlets in China, as well as through its e-commerce channel. It has two segments: China Sporting Goods and Investment. The China Sporting Goods segment engages in the distribution and retail sales of sports apparel under the Kappa brand and the Phenix brand, as well as the franchise fee income from such trademarks for certain products.
46GF Score
Get the complete analysis for CDGXY
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CDGXY has been successfully added to your 
