JinkoSolar Holding Co (LTS:0JOX) ROC (Joel Greenblatt) %: -7.05% (As of Mar. 2026)

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.

LTS:0JOX JinkoSolar Holding Co Ltd LTS:0JOX
67 GF Score
Price $14.70
GF Value $19.40
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is JinkoSolar Holding Co ROC (Joel Greenblatt) %?

JinkoSolar Holding Co LTS:0JOX -4.23% 67 ROC (Joel Greenblatt) % is -7.05% as of Mar. 2026. GuruFocus rates LTS:0JOX with a GF Score™ of 67/100 and a GF Value™ of $19.40 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,027 Semiconductors companies, JinkoSolar Holding Co ranks worse than 76.83% 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. JinkoSolar Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -7.05%.

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

LTS:0JOX' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -17.71   Med: 5.79   Max: 19.66
Current: -10.68

During the past 13 years, JinkoSolar Holding Co's highest ROC (Joel Greenblatt) % was 19.66%. The lowest was -17.71%. And the median was 5.79%.

LTS:0JOX's ROC (Joel Greenblatt) % is ranked worse than
76.83% of 1027 companies
in the Semiconductors industry
Industry Median: 8.41 vs LTS:0JOX: -10.68

JinkoSolar Holding Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


JinkoSolar Holding Co  (LTS:0JOX) 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.


JinkoSolar Holding Co ROC (Joel Greenblatt) % Related Terms


JinkoSolar Holding Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for JinkoSolar 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.

JinkoSolar Holding Co ROC (Joel Greenblatt) % Chart

JinkoSolar Holding 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 6.25 6.54 14.69 2.54 -17.71

JinkoSolar Holding Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
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 -7.34 -20.72 -8.46 -27.97 -7.05

LTS:0JOX vs ARRY, CSIQ, TOYO: ROC (Joel Greenblatt) % Comparison

For the Solar subindustry, JinkoSolar 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.


JinkoSolar Holding Co ROC (Joel Greenblatt) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, JinkoSolar Holding Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where JinkoSolar Holding Co's ROC (Joel Greenblatt) % falls into.


LTS:0JOX
67GF Score
JinkoSolar Holding Co Ltd LTS:0JOX
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JinkoSolar 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:

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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1929.125 + 2056.569 + 1221.173) - (4103.364 + 754.897 + 7.9690000000001)
=340.637

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1997.453 + 2569.396 + 2262.906) - (4198.729 + 1053.886 + -1.8189894035459E-12)
=1577.14

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of JinkoSolar Holding Co for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-478.576/( ( (5871.095 + max(340.637, 0)) + (5789.967 + max(1577.14, 0)) )/ 2 )
=-478.576/( ( 6211.732 + 7367.107 )/ 2 )
=-478.576/6789.4195
=-7.05 %

Note: The EBIT data used here is four times the quarterly (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 -7.05% mean?
JinkoSolar Holding Co (LTS:0JOX) has a ROC (Joel Greenblatt) % of -7.05% 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 JinkoSolar Holding Co and its competitors. According to the industry distribution chart, JinkoSolar Holding Co ranks #789 out of 1027 companies in the Semiconductors industry, placing it in the top 76.8%.
Is JinkoSolar Holding Co's ROC (Joel Greenblatt) % too high?
JinkoSolar Holding Co's current ROC (Joel Greenblatt) % is -7.05%. Based on the distribution chart, JinkoSolar Holding Co ranks #789 out of 1027 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, JinkoSolar Holding Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JinkoSolar Holding Co's ROC (Joel Greenblatt) % compare to ARRY and CSIQ?
According to the Semiconductors industry distribution chart, JinkoSolar Holding Co ranks #789 out of 1027 companies for ROC (Joel Greenblatt) %. This places JinkoSolar Holding Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.41. 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.41, based on 1,027 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 JinkoSolar Holding Co and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JinkoSolar Holding Co's current ROC (Joel Greenblatt) % is -7.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JinkoSolar Holding Co stock overvalued right now?
Based on GuruFocus' analysis, JinkoSolar Holding Co (LTS:0JOX) is currently considered Modestly Undervalued. The stock's GF Value™ is $19.40, compared to a current price of $14.70 — trading 24.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is -7.05%. JinkoSolar Holding Co's overall GF Score™ is 67/100 with 7 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 JinkoSolar Holding Co (LTS:0JOX), the current ROC (Joel Greenblatt) % is -7.05% 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 JinkoSolar Holding Co (LTS:0JOX) Overvalued in 2026?

Based on GuruFocus' analysis, JinkoSolar Holding Co stock appears to be undervalued. The current stock price of $14.70 is trading 24.2% below its estimated GF Value™ of $19.40. GuruFocus considers JinkoSolar Holding Co to be Modestly Undervalued.

Key valuation signals for LTS:0JOX:

  • ROC (Joel Greenblatt) %: -7.05%
  • GF Value™: $19.40 vs. price of $14.70 (24.2% below fair value)
  • GF Score™: 67/100 with 7 warning signs

No single metric tells the full story. See the LTS:0JOX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JinkoSolar Holding Co Business Description

Address 1 Yingbin Road, Shangrao Economic Development Zone, Jiangxi Province, Shangrao, CHN, 334100
JinkoSolar Holding Co Ltd is engaged in the photovoltaic industry. The firm has built a vertically integrated solar power product value chain, manufacturing from silicon wafers to solar modules. It sells solar modules under the JinkoSolar brand. The company's products include Silicon wafers, Solar cells, and Solar modules. Its geographical segments are China (including Hong Kong and Taiwan), the Americas, Europe, Asia Pacific, and the Rest of the world.
67GF Score

Get the complete analysis for LTS:0JOX

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

$14.70
Price
$19.40
GF Value