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Shanghai Prosolar Resources Development CoSHSE:600193 23 ROC (Joel Greenblatt) % is 4,898.01% as of Mar. 2026, which is 565% above its 10-year median of 736.52. GuruFocus rates SHSE:600193 with a GF Score™ of 23/100 and a GF Value™ of ¥20.22 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,788 Construction companies, Shanghai Prosolar Resources Development Co ranks worse than 99.11% 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. Shanghai Prosolar Resources Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4,898.01%.
SHSE:600193'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1551420 Med: 736.52 Max: 96848.7
Current: -1389.2
During the past 13 years, Shanghai Prosolar Resources Development Co's highest ROC (Joel Greenblatt) % was 96848.70%. The lowest was -1551420.00%. And the median was 736.52%.
SHSE:600193's ROC (Joel Greenblatt) % is ranked worse than 99.11% of 1788
companies
in the Construction industry
Industry Median: 19.395
vs SHSE:600193: -1389.20
Shanghai Prosolar Resources Development Co (SHSE:600193) 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.
Shanghai Prosolar Resources Development Co ROC (Joel Greenblatt) % Chart
Shanghai Prosolar Resources Development Co Annual Data
SHSE:600193 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Shanghai Prosolar Resources Development 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.
Shanghai Prosolar Resources Development Co ROC (Joel Greenblatt) % vs Construction Industry
Shanghai Prosolar Resources Development 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 (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 4,898.01% mean?
Shanghai Prosolar Resources Development Co (SHSE:600193) has a ROC (Joel Greenblatt) % of 4,898.01% 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 Shanghai Prosolar Resources Development Co and its competitors. This is 565% above median its historical median of 736.52. According to the industry distribution chart, Shanghai Prosolar Resources Development Co ranks #1772 out of 1788 companies in the Construction industry, placing it in the top 99.1%.
Is Shanghai Prosolar Resources Development Co's ROC (Joel Greenblatt) % too high?
Shanghai Prosolar Resources Development Co's current ROC (Joel Greenblatt) % of 4,898.01% is 565% above median its 10-year median of 736.52. The Construction industry median ROC (Joel Greenblatt) % is 19.40. Shanghai Prosolar Resources Development Co's value of 4,898.01% is 25154% above this industry median. Based on the distribution chart, Shanghai Prosolar Resources Development Co ranks #1772 out of 1788 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Shanghai Prosolar Resources Development Co has a GF Score™ of 23/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Prosolar Resources Development Co's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Shanghai Prosolar Resources Development Co ranks #1772 out of 1788 companies for ROC (Joel Greenblatt) %. This places Shanghai Prosolar Resources Development Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.40. Shanghai Prosolar Resources Development Co's value of 4,898.01% is 25154% above this benchmark. While the company's 10-year median is 736.52 vs. the industry median of 19.40, Shanghai Prosolar Resources Development 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.40, based on 1,788 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. Shanghai Prosolar Resources Development Co's current ROC (Joel Greenblatt) % of 4,898.01% is 25154% 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 Shanghai Prosolar Resources Development Co and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Prosolar Resources Development Co's current ROC (Joel Greenblatt) % is 4,898.01%, which is 565% above median its own 10-year median of 736.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Prosolar Resources Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Prosolar Resources Development Co (SHSE:600193) is currently considered Possible Value Trap. The stock's GF Value™ is ¥20.22, compared to a current price of ¥0.16 — trading 99.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 4,898.01%, which is 565% above median its 10-year median of 736.52 and 25154% above the Construction industry median of 19.40. Shanghai Prosolar Resources Development Co's overall GF Score™ is 23/100 with 9 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 Shanghai Prosolar Resources Development Co (SHSE:600193), the current ROC (Joel Greenblatt) % is 4,898.01% 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 Shanghai Prosolar Resources Development Co (SHSE:600193) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Prosolar Resources Development Co stock appears to be undervalued.
The current stock price of ¥0.16 is trading 99.2% below its estimated GF Value™ of ¥20.22.
GuruFocus considers Shanghai Prosolar Resources Development Co to be Possible Value Trap.
Key valuation signals for SHSE:600193:
ROC (Joel Greenblatt) %: 4,898.01% (565% above median its 10-year median of 736.52)
GF Value™: ¥20.22 vs. price of ¥0.16 (99.2% below fair value)
Industry Position: 25154% above the Construction median (#1772 of 1788)
No single metric tells the full story. See the SHSE:600193 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Prosolar Resources Development Co Ltd is engaged in general contracting for construction of theme park venues, high-end hotels and residences, general contracting for interior decoration, BIM modeling consulting services and product sales for engineering projects.
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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