Shanghai Yatong Co (SHSE:600692) ROC (Joel Greenblatt) %: 11.19% (As of Mar. 2026) — 35% Below Median

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SHSE:600692 Shanghai Yatong Co Ltd SHSE:600692
54 GF Score
Price ¥5.93
GF Value ¥8.95
Valuation Possible Value Trap
! 5 Warning Signs
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What is Shanghai Yatong Co ROC (Joel Greenblatt) %?

Shanghai Yatong Co SHSE:600692 -1.50% 54 ROC (Joel Greenblatt) % is 11.19% as of Mar. 2026, which is 35% below its 10-year median of 17.19. GuruFocus rates SHSE:600692 with a GF Score™ of 54/100 and a GF Value™ of ¥8.95 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 998 Transportation companies, Shanghai Yatong Co ranks better than 73.25% 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 Yatong Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.19%.

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

SHSE:600692' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3   Med: 17.19   Max: 152.19
Current: 21.25

During the past 13 years, Shanghai Yatong Co's highest ROC (Joel Greenblatt) % was 152.19%. The lowest was 3.00%. And the median was 17.19%.

SHSE:600692's ROC (Joel Greenblatt) % is ranked better than
73.25% of 998 companies
in the Transportation industry
Industry Median: 11.68 vs SHSE:600692: 21.25

Shanghai Yatong Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -13.10% per year.


Shanghai Yatong Co  (SHSE:600692) 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.


Shanghai Yatong Co ROC (Joel Greenblatt) % Related Terms


Shanghai Yatong Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Shanghai Yatong 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.

Shanghai Yatong Co ROC (Joel Greenblatt) % Chart

Shanghai Yatong 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 16.22 4.79 4.94 3.00 19.70

Shanghai Yatong Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 -10.03 12.11 -11.33 79.26 11.19

Shanghai Yatong Co ROC (Joel Greenblatt) % Competitor Comparison

For the Marine Shipping subindustry, Shanghai Yatong 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 Yatong Co ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Shanghai Yatong Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


SHSE:600692
54GF Score
Shanghai Yatong Co Ltd SHSE:600692
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Yatong 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)
=(264.832 + 2656.357 + 81.819) - (1460.899 + 0 + 2215.972)
=-673.863

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(229.657 + 2493.236 + 60.476) - (1216.847 + 0 + 1979.872)
=-413.35

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Shanghai Yatong 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 )
=50.728/( ( (439.381 + max(-673.863, 0)) + (467.502 + max(-413.35, 0)) )/ 2 )
=50.728/( ( 439.381 + 467.502 )/ 2 )
=50.728/453.4415
=11.19 %

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 11.19% mean?
Shanghai Yatong Co (SHSE:600692) has a ROC (Joel Greenblatt) % of 11.19% 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 Yatong Co and its competitors. This is 35% below median its historical median of 17.19. Over the past decade, Shanghai Yatong Co's ROC (Joel Greenblatt) % has ranged from 3.00 to 152.19. According to the industry distribution chart, Shanghai Yatong Co ranks #267 out of 998 companies in the Transportation industry, placing it in the top 26.8%.
Is Shanghai Yatong Co's ROC (Joel Greenblatt) % too high?
Shanghai Yatong Co's current ROC (Joel Greenblatt) % of 11.19% is 35% below median its 10-year median of 17.19. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 152.19. The Transportation industry median ROC (Joel Greenblatt) % is 11.68. Shanghai Yatong Co's value of 11.19% is 4.2% below this industry median. Based on the distribution chart, Shanghai Yatong Co ranks #267 out of 998 companies in the Transportation industry, which is above the industry midpoint. Overall, Shanghai Yatong Co has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Yatong Co's ROC (Joel Greenblatt) % compare to competitors?
According to the Transportation industry distribution chart, Shanghai Yatong Co ranks #267 out of 998 companies for ROC (Joel Greenblatt) %. This puts Shanghai Yatong Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.68. Shanghai Yatong Co's value of 11.19% is 4.2% below this benchmark. Historically, Shanghai Yatong Co's own ROC (Joel Greenblatt) % has ranged from 3.00 to 152.19 over the past decade. While the company's 10-year median is 17.19 vs. the industry median of 11.68, Shanghai Yatong 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 11.68, based on 998 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 Yatong Co's current ROC (Joel Greenblatt) % of 11.19% is 4.2% 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 Yatong Co and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Yatong Co's current ROC (Joel Greenblatt) % is 11.19%, which is 35% below median its own 10-year median of 17.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Yatong Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Yatong Co (SHSE:600692) is currently considered Possible Value Trap. The stock's GF Value™ is ¥8.95, compared to a current price of ¥5.93 — trading 33.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 11.19%, which is 35% below median its 10-year median of 17.19 and 4.2% below the Transportation industry median of 11.68. Shanghai Yatong Co's overall GF Score™ is 54/100 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 Yatong Co (SHSE:600692), the current ROC (Joel Greenblatt) % is 11.19% 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 Yatong Co (SHSE:600692) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Yatong Co stock appears to be undervalued. The current stock price of ¥5.93 is trading 33.7% below its estimated GF Value™ of ¥8.95. GuruFocus considers Shanghai Yatong Co to be Possible Value Trap.

Key valuation signals for SHSE:600692:

  • ROC (Joel Greenblatt) %: 11.19% (35% below median its 10-year median of 17.19)
  • GF Value™: ¥8.95 vs. price of ¥5.93 (33.7% below fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 4.2% below the Transportation median (#267 of 998)

No single metric tells the full story. See the SHSE:600692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Yatong Co Business Description

Address No. 1, Lane 780, Lvhai Road, Chengqiao Town, Chongming District, Shanghai, CHN, 202155
Shanghai Yatong Co Ltd is engaged in real estate development, communication network construction and maintenance, steel trade, concrete production and sales, and the construction and operation of photovoltaic power stations. Its real estate business focuses on commercial and affordable housing, with all commercial projects located in the Chongming District. The communication engineering segment serves telecom and tower companies. The steel trade follows an order-based purchase and sales model. The new energy segment focuses on building and operating solar and wind power stations. The company generates key revenue from the commodity sales such as steel and concrete.
54GF Score

Get the complete analysis for SHSE:600692

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

¥5.93
Price
¥8.95
GF Value