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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 Shipbuilding Industry Group Power Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.16%.
SHSE:600482's ROC (Joel Greenblatt) % is ranked better than 74.79% of 3066
companies
in the Industrial Products industry
Industry Median: 11.745
vs SHSE:600482: 26.82
China Shipbuilding Industry Group Power Co (SHSE:600482) 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 Shipbuilding Industry Group Power Co ROC (Joel Greenblatt) % Chart
China Shipbuilding Industry Group Power Co Annual Data
SHSE:600482 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, China Shipbuilding Industry Group Power 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 Shipbuilding Industry Group Power Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, China Shipbuilding Industry Group Power Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China Shipbuilding Industry Group Power Co's ROC (Joel Greenblatt) % falls into.
China Shipbuilding Industry Group Power 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 31.16% mean?
China Shipbuilding Industry Group Power Co (SHSE:600482) has a ROC (Joel Greenblatt) % of 31.16% 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 Shipbuilding Industry Group Power Co and its competitors. This is 296% above median its historical median of 7.86. Over the past decade, China Shipbuilding Industry Group Power Co's ROC (Joel Greenblatt) % has ranged from 3.04 to 26.82. According to the industry distribution chart, China Shipbuilding Industry Group Power Co ranks #773 out of 3066 companies in the Industrial Products industry, placing it in the top 25.2%.
Is China Shipbuilding Industry Group Power Co's ROC (Joel Greenblatt) % too high?
China Shipbuilding Industry Group Power Co's current ROC (Joel Greenblatt) % of 31.16% is 296% above median its 10-year median of 7.86. Over the past 10 years, this metric has ranged from a low of 3.04 to a high of 26.82. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.75. China Shipbuilding Industry Group Power Co's value of 31.16% is 165.3% above this industry median. Based on the distribution chart, China Shipbuilding Industry Group Power Co ranks #773 out of 3066 companies in the Industrial Products industry, which is above the industry midpoint. Overall, China Shipbuilding Industry Group Power Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Shipbuilding Industry Group Power Co's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, China Shipbuilding Industry Group Power Co ranks #773 out of 3066 companies for ROC (Joel Greenblatt) %. This puts China Shipbuilding Industry Group Power Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.75. China Shipbuilding Industry Group Power Co's value of 31.16% is 165.3% above this benchmark. Historically, China Shipbuilding Industry Group Power Co's own ROC (Joel Greenblatt) % has ranged from 3.04 to 26.82 over the past decade. While the company's 10-year median is 7.86 vs. the industry median of 11.75, China Shipbuilding Industry Group Power 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 11.75, based on 3,066 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. China Shipbuilding Industry Group Power Co's current ROC (Joel Greenblatt) % of 31.16% is 165.3% 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 China Shipbuilding Industry Group Power Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Shipbuilding Industry Group Power Co's current ROC (Joel Greenblatt) % is 31.16%, which is 296% above median its own 10-year median of 7.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Shipbuilding Industry Group Power Co stock overvalued right now?
Based on GuruFocus' analysis, China Shipbuilding Industry Group Power Co (SHSE:600482) is currently considered Fairly Valued. The stock's GF Value™ is ¥26.95, compared to a current price of ¥29.76 — trading 10.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 31.16%, which is 296% above median its 10-year median of 7.86 and 165.3% above the Industrial Products industry median of 11.75. China Shipbuilding Industry Group Power Co's overall GF Score™ is 88/100 with 3 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 Shipbuilding Industry Group Power Co (SHSE:600482), the current ROC (Joel Greenblatt) % is 31.16% 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 Shipbuilding Industry Group Power Co (SHSE:600482) Overvalued in 2026?
Based on GuruFocus' analysis, China Shipbuilding Industry Group Power Co stock appears to be overvalued.
The current stock price of ¥29.76 is trading 10.4% above its estimated GF Value™ of ¥26.95.
GuruFocus considers China Shipbuilding Industry Group Power Co to be Fairly Valued.
Key valuation signals for SHSE:600482:
ROC (Joel Greenblatt) %: 31.16% (296% above median its 10-year median of 7.86)
GF Value™: ¥26.95 vs. price of ¥29.76 (10.4% above fair value)
Industry Position: 165.3% above the Industrial Products median (#773 of 3066)
No single metric tells the full story. See the SHSE:600482 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Shipbuilding Industry Group Power Co Business Description
China Shipbuilding Industry Group Power Co Ltd is engaged in manufacturing and supplying power equipment in China and internationally. Its products include diesel engine, gas, steam, heat engine, electric, chemical, marine nuclear, other power equipment, as well as related auxiliary machinery. The company's products are used in automobiles, ships and marine engineering, engineering, machinery, and land-use power plants, as well as petrochemical, civil nuclear power, distributed energy, and other industries.
88GF Score
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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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