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Newtrend Group Holding CoHKSE:02573 16 ROC (Joel Greenblatt) % is -15.12% as of Jun. 2026. GuruFocus rates HKSE:02573 with a GF Score™ of 16/100. The stock has 6 warning signs investors should review. Among 1,999 Consumer Packaged Goods companies, Newtrend Group Holding Co ranks worse than 71.09% 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. Newtrend Group Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -15.12%.
The historical rank and industry rank for Newtrend Group Holding Co's ROC (Joel Greenblatt) % or its related term are showing as below:
HKSE:02573'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.34 Med: 11.96 Max: 39.65
Current: 3.34
During the past 5 years, Newtrend Group Holding Co's highest ROC (Joel Greenblatt) % was 39.65%. The lowest was 3.34%. And the median was 11.96%.
HKSE:02573's ROC (Joel Greenblatt) % is ranked worse than 71.09% of 1999
companies
in the Consumer Packaged Goods industry
Industry Median: 11.98
vs HKSE:02573: 3.34
Newtrend Group Holding Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Newtrend Group Holding Co (HKSE:02573) 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.
Newtrend Group Holding Co ROC (Joel Greenblatt) % Related Terms
Newtrend Group Holding Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Newtrend Group Holding 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.
Newtrend Group Holding Co ROC (Joel Greenblatt) % Chart
Newtrend Group Holding Co Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
ROC (Joel Greenblatt) %
7.25
37.63
11.87
9.52
3.12
Newtrend Group Holding Co Semi-Annual Data
Jun25
Dec25
Jun26
ROC (Joel Greenblatt) %
9.44
-3.14
-15.12
HKSE:02573 vs MDLZ, HSY, TR: ROC (Joel Greenblatt) % Comparison
For the Confectioners subindustry, Newtrend Group Holding 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.
Newtrend Group Holding Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Newtrend Group Holding Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Newtrend Group Holding Co's ROC (Joel Greenblatt) % falls into.
Newtrend Group Holding 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 (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 -15.12% mean?
Newtrend Group Holding Co (HKSE:02573) has a ROC (Joel Greenblatt) % of -15.12% 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 Newtrend Group Holding Co and its competitors. Over the past decade, Newtrend Group Holding Co's ROC (Joel Greenblatt) % has ranged from 3.34 to 39.65. According to the industry distribution chart, Newtrend Group Holding Co ranks #1421 out of 1999 companies in the Consumer Packaged Goods industry, placing it in the top 71.1%.
Is Newtrend Group Holding Co's ROC (Joel Greenblatt) % too high?
Newtrend Group Holding Co's current ROC (Joel Greenblatt) % is -15.12%. Over the past 10 years, this metric has ranged from a low of 3.34 to a high of 39.65. Based on the distribution chart, Newtrend Group Holding Co ranks #1421 out of 1999 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Newtrend Group Holding Co has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Newtrend Group Holding Co's ROC (Joel Greenblatt) % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Newtrend Group Holding Co ranks #1421 out of 1999 companies for ROC (Joel Greenblatt) %. This places Newtrend Group Holding Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.98. Historically, Newtrend Group Holding Co's own ROC (Joel Greenblatt) % has ranged from 3.34 to 39.65 over the past decade. 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 11.98, based on 1,999 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 Newtrend Group Holding Co and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newtrend Group Holding Co's current ROC (Joel Greenblatt) % is -15.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newtrend Group Holding Co stock overvalued right now?
Newtrend Group Holding Co (HKSE:02573) has a current ROC (Joel Greenblatt) % of -15.12%. The current ROC (Joel Greenblatt) % is -15.12%. Newtrend Group Holding Co's overall GF Score™ is 16/100 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 Newtrend Group Holding Co (HKSE:02573), the current ROC (Joel Greenblatt) % is -15.12% 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.
Newtrend Group Holding Co Ltd is a China-based manufacturer of high-intensity sweeteners and amino acids. The company produces sucralose, a zero-calorie artificial sweetener, and glycine in both food-grade and industrial-grade forms. Its operations are organized into four reporting segments: sucralose products, food-grade glycine, industrial-grade glycine, and other products, with sucralose generating the largest share of revenue. Food-grade glycine and sucralose serve food and beverage manufacturers, while industrial-grade glycine is used in applications such as pharmaceuticals, agrochemicals, and industrial processing. Customers include large multinational food, beverage, oral care, confectionery, and snack companies, primarily in the United States, though the company does not typically name them publicly. Newtrend sells across Mainland China, the rest of Asia, Europe, North America, South America, and Oceania, earning revenue through the manufacture and sale of these chemical and food ingredient products to industrial and consumer goods customers worldwide.
16GF Score
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