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Fujian Longking CoSHSE:600388 +1.02%69 ROC (Joel Greenblatt) % is 14.02% as of Mar. 2026, which is 77% below its 10-year median of 61.03. GuruFocus rates SHSE:600388 with a GF Score™ of 69/100 and a GF Value™ of ¥13.67 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 3,065 Industrial Products companies, Fujian Longking Co ranks better than 59.84% 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. Fujian Longking Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.02%.
The historical rank and industry rank for Fujian Longking Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:600388'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.6 Med: 61.03 Max: 102.87
Current: 17.13
During the past 13 years, Fujian Longking Co's highest ROC (Joel Greenblatt) % was 102.87%. The lowest was 16.60%. And the median was 61.03%.
SHSE:600388's ROC (Joel Greenblatt) % is ranked better than 59.84% of 3065
companies
in the Industrial Products industry
Industry Median: 11.81
vs SHSE:600388: 17.13
Fujian Longking Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -27.40% per year.
Fujian Longking Co (SHSE:600388) 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.
Fujian Longking Co ROC (Joel Greenblatt) % Related Terms
Fujian Longking Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Fujian Longking 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.
SHSE:600388 vs VLTO, ZWS, CECO: ROC (Joel Greenblatt) % Comparison
For the Pollution & Treatment Controls subindustry, Fujian Longking 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.
Fujian Longking Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Fujian Longking Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Fujian Longking Co's ROC (Joel Greenblatt) % falls into.
Fujian Longking 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 14.02% mean?
Fujian Longking Co (SHSE:600388) has a ROC (Joel Greenblatt) % of 14.02% 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 Fujian Longking Co and its competitors. This is 77% below median its historical median of 61.03. Over the past decade, Fujian Longking Co's ROC (Joel Greenblatt) % has ranged from 16.60 to 102.87. According to the industry distribution chart, Fujian Longking Co ranks #1231 out of 3065 companies in the Industrial Products industry, placing it in the top 40.2%.
Is Fujian Longking Co's ROC (Joel Greenblatt) % too high?
Fujian Longking Co's current ROC (Joel Greenblatt) % of 14.02% is 77% below median its 10-year median of 61.03. Over the past 10 years, this metric has ranged from a low of 16.60 to a high of 102.87. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.81. Fujian Longking Co's value of 14.02% is 18.7% above this industry median. Based on the distribution chart, Fujian Longking Co ranks #1231 out of 3065 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Fujian Longking Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Longking Co's ROC (Joel Greenblatt) % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Fujian Longking Co ranks #1231 out of 3065 companies for ROC (Joel Greenblatt) %. This puts Fujian Longking Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.81. Fujian Longking Co's value of 14.02% is 18.7% above this benchmark. Historically, Fujian Longking Co's own ROC (Joel Greenblatt) % has ranged from 16.60 to 102.87 over the past decade. While the company's 10-year median is 61.03 vs. the industry median of 11.81, Fujian Longking 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.81, based on 3,065 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. Fujian Longking Co's current ROC (Joel Greenblatt) % of 14.02% is 18.7% 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 Fujian Longking Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Longking Co's current ROC (Joel Greenblatt) % is 14.02%, which is 77% below median its own 10-year median of 61.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Longking Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Longking Co (SHSE:600388) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥13.67, compared to a current price of ¥17.82 — trading 30.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 14.02%, which is 77% below median its 10-year median of 61.03 and 18.7% above the Industrial Products industry median of 11.81. Fujian Longking Co's overall GF Score™ is 69/100 with 4 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 Fujian Longking Co (SHSE:600388), the current ROC (Joel Greenblatt) % is 14.02% 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 Fujian Longking Co (SHSE:600388) Overvalued in 2026?
Based on GuruFocus' analysis, Fujian Longking Co stock appears to be overvalued.
The current stock price of ¥17.82 is trading 30.4% above its estimated GF Value™ of ¥13.67.
GuruFocus considers Fujian Longking Co to be Modestly Overvalued.
Key valuation signals for SHSE:600388:
ROC (Joel Greenblatt) %: 14.02% (77% below median its 10-year median of 61.03)
GF Value™: ¥13.67 vs. price of ¥17.82 (30.4% above fair value)
Industry Position: 18.7% above the Industrial Products median (#1231 of 3065)
No single metric tells the full story. See the SHSE:600388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fujian Longking Co Ltd is a atmospheric environmental protection equipment manufacturing company.It researches, develops, manufactures, and sells electrostatic precipitators, flue gas desulfuration units, air pollution control equipment, and other environmental protection products.
69GF Score
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