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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. Shanghai Jin Jiang Online Network Service Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.55%.
SHSE:600650's ROC (Joel Greenblatt) % is ranked better than 71.17% of 999
companies
in the Transportation industry
Industry Median: 11.71
vs SHSE:600650: 19.81
Shanghai Jin Jiang Online Network Service Co (SHSE:600650) 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 Jin Jiang Online Network Service Co ROC (Joel Greenblatt) % Chart
Shanghai Jin Jiang Online Network Service Co Annual Data
SHSE:600650 vs ODFL, XPO, KNX: ROC (Joel Greenblatt) % Comparison
For the Trucking subindustry, Shanghai Jin Jiang Online Network Service 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 Jin Jiang Online Network Service Co ROC (Joel Greenblatt) % vs Transportation Industry
Shanghai Jin Jiang Online Network Service 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 9.55% mean?
Shanghai Jin Jiang Online Network Service Co (SHSE:600650) has a ROC (Joel Greenblatt) % of 9.55% 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 Jin Jiang Online Network Service Co and its competitors. This is 69% below median its historical median of 30.42. Over the past decade, Shanghai Jin Jiang Online Network Service Co's ROC (Joel Greenblatt) % has ranged from 19.50 to 77.53. According to the industry distribution chart, Shanghai Jin Jiang Online Network Service Co ranks #288 out of 999 companies in the Transportation industry, placing it in the top 28.8%.
Is Shanghai Jin Jiang Online Network Service Co's ROC (Joel Greenblatt) % too high?
Shanghai Jin Jiang Online Network Service Co's current ROC (Joel Greenblatt) % of 9.55% is 69% below median its 10-year median of 30.42. Over the past 10 years, this metric has ranged from a low of 19.50 to a high of 77.53. The Transportation industry median ROC (Joel Greenblatt) % is 11.71. Shanghai Jin Jiang Online Network Service Co's value of 9.55% is 18.4% below this industry median. Based on the distribution chart, Shanghai Jin Jiang Online Network Service Co ranks #288 out of 999 companies in the Transportation industry, which is above the industry midpoint. Overall, Shanghai Jin Jiang Online Network Service Co has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Jin Jiang Online Network Service Co's ROC (Joel Greenblatt) % compare to ODFL and XPO?
According to the Transportation industry distribution chart, Shanghai Jin Jiang Online Network Service Co ranks #288 out of 999 companies for ROC (Joel Greenblatt) %. This puts Shanghai Jin Jiang Online Network Service Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.71. Shanghai Jin Jiang Online Network Service Co's value of 9.55% is 18.4% below this benchmark. Historically, Shanghai Jin Jiang Online Network Service Co's own ROC (Joel Greenblatt) % has ranged from 19.50 to 77.53 over the past decade. While the company's 10-year median is 30.42 vs. the industry median of 11.71, Shanghai Jin Jiang Online Network Service Co has consistently been below 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.71, based on 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. Shanghai Jin Jiang Online Network Service Co's current ROC (Joel Greenblatt) % of 9.55% is 18.4% below 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 Jin Jiang Online Network Service Co and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Jin Jiang Online Network Service Co's current ROC (Joel Greenblatt) % is 9.55%, which is 69% below median its own 10-year median of 30.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Jin Jiang Online Network Service Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Jin Jiang Online Network Service Co (SHSE:600650) is currently considered Fairly Valued. The stock's GF Value™ is ¥10.19, compared to a current price of ¥11.12 — trading 9.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 9.55%, which is 69% below median its 10-year median of 30.42 and 18.4% below the Transportation industry median of 11.71. Shanghai Jin Jiang Online Network Service Co's overall GF Score™ is 52/100 with 5 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 Jin Jiang Online Network Service Co (SHSE:600650), the current ROC (Joel Greenblatt) % is 9.55% 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 Jin Jiang Online Network Service Co (SHSE:600650) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Jin Jiang Online Network Service Co stock appears to be overvalued.
The current stock price of ¥11.12 is trading 9.1% above its estimated GF Value™ of ¥10.19.
GuruFocus considers Shanghai Jin Jiang Online Network Service Co to be Fairly Valued.
Key valuation signals for SHSE:600650:
ROC (Joel Greenblatt) %: 9.55% (69% below median its 10-year median of 30.42)
GF Value™: ¥10.19 vs. price of ¥11.12 (9.1% above fair value)
Industry Position: 18.4% below the Transportation median (#288 of 999)
No single metric tells the full story. See the SHSE:600650 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Jin Jiang Online Network Service Co Ltd is principally engaged in passenger transportation services, automobile sales, and low-temperature logistics services.
52GF Score
Get the complete analysis for SHSE:600650
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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