Changjiang Publishing & Media Co (SHSE:600757) ROC (Joel Greenblatt) %: 51.43% (As of Mar. 2026) — 129% Above Median

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SHSE:600757 Changjiang Publishing & Media Co Ltd SHSE:600757
64 GF Score
Price ¥7.77
GF Value ¥9.29
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Changjiang Publishing & Media Co ROC (Joel Greenblatt) %?

Changjiang Publishing & Media Co SHSE:600757 -2.26% 64 ROC (Joel Greenblatt) % is 51.43% as of Mar. 2026, which is 129% above its 10-year median of 22.50. GuruFocus rates SHSE:600757 with a GF Score™ of 64/100 and a GF Value™ of ¥9.29 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,015 Media - Diversified companies, Changjiang Publishing & Media Co ranks better than 77.64% 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. Changjiang Publishing & Media Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 51.43%.

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

SHSE:600757' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 17.46   Med: 22.5   Max: 64.49
Current: 52.69

During the past 13 years, Changjiang Publishing & Media Co's highest ROC (Joel Greenblatt) % was 64.49%. The lowest was 17.46%. And the median was 22.50%.

SHSE:600757's ROC (Joel Greenblatt) % is ranked better than
77.64% of 1015 companies
in the Media - Diversified industry
Industry Median: 9.85 vs SHSE:600757: 52.69

Changjiang Publishing & Media Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 29.50% per year.


Changjiang Publishing & Media Co  (SHSE:600757) 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.


Changjiang Publishing & Media Co ROC (Joel Greenblatt) % Related Terms


Changjiang Publishing & Media Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Changjiang Publishing & Media 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.

Changjiang Publishing & Media Co ROC (Joel Greenblatt) % Chart

Changjiang Publishing & Media 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 17.46 18.76 32.59 64.49 53.51

Changjiang Publishing & Media 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 125.83 89.33 56.47 31.96 51.43

SHSE:600757 vs NYT, WLY: ROC (Joel Greenblatt) % Comparison

For the Publishing subindustry, Changjiang Publishing & Media 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.


Changjiang Publishing & Media Co ROC (Joel Greenblatt) % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Changjiang Publishing & Media Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Changjiang Publishing & Media Co's ROC (Joel Greenblatt) % falls into.


SHSE:600757
64GF Score
Changjiang Publishing & Media Co Ltd SHSE:600757
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Changjiang Publishing & Media 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)
=(1571.714 + 1081.081 + 2544.592) - (3502.053 + 0 + 483.746)
=1211.588

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1931.318 + 1135.067 + 2562.986) - (3777.136 + 0 + 532.673)
=1319.562

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Changjiang Publishing & Media 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 )
=1358.288/( ( (1372.604 + max(1211.588, 0)) + (1378.285 + max(1319.562, 0)) )/ 2 )
=1358.288/( ( 2584.192 + 2697.847 )/ 2 )
=1358.288/2641.0195
=51.43 %

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 51.43% mean?
Changjiang Publishing & Media Co (SHSE:600757) has a ROC (Joel Greenblatt) % of 51.43% 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 Changjiang Publishing & Media Co and its competitors. This is 129% above median its historical median of 22.50. Over the past decade, Changjiang Publishing & Media Co's ROC (Joel Greenblatt) % has ranged from 17.46 to 64.49. According to the industry distribution chart, Changjiang Publishing & Media Co ranks #227 out of 1015 companies in the Media - Diversified industry, placing it in the top 22.4%.
Is Changjiang Publishing & Media Co's ROC (Joel Greenblatt) % too high?
Changjiang Publishing & Media Co's current ROC (Joel Greenblatt) % of 51.43% is 129% above median its 10-year median of 22.50. Over the past 10 years, this metric has ranged from a low of 17.46 to a high of 64.49. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.85. Changjiang Publishing & Media Co's value of 51.43% is 422.1% above this industry median. Based on the distribution chart, Changjiang Publishing & Media Co ranks #227 out of 1015 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Changjiang Publishing & Media Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changjiang Publishing & Media Co's ROC (Joel Greenblatt) % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Changjiang Publishing & Media Co ranks #227 out of 1015 companies for ROC (Joel Greenblatt) %. This places Changjiang Publishing & Media Co in the top 22% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.85. Changjiang Publishing & Media Co's value of 51.43% is 422.1% above this benchmark. Historically, Changjiang Publishing & Media Co's own ROC (Joel Greenblatt) % has ranged from 17.46 to 64.49 over the past decade. While the company's 10-year median is 22.50 vs. the industry median of 9.85, Changjiang Publishing & Media 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.85, based on 1,015 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. Changjiang Publishing & Media Co's current ROC (Joel Greenblatt) % of 51.43% is 422.1% 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 Changjiang Publishing & Media Co and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changjiang Publishing & Media Co's current ROC (Joel Greenblatt) % is 51.43%, which is 129% above median its own 10-year median of 22.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changjiang Publishing & Media Co stock overvalued right now?
Based on GuruFocus' analysis, Changjiang Publishing & Media Co (SHSE:600757) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.29, compared to a current price of ¥7.77 — trading 16.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 51.43%, which is 129% above median its 10-year median of 22.50 and 422.1% above the Media - Diversified industry median of 9.85. Changjiang Publishing & Media Co's overall GF Score™ is 64/100 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 Changjiang Publishing & Media Co (SHSE:600757), the current ROC (Joel Greenblatt) % is 51.43% 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 Changjiang Publishing & Media Co (SHSE:600757) Overvalued in 2026?

Based on GuruFocus' analysis, Changjiang Publishing & Media Co stock appears to be undervalued. The current stock price of ¥7.77 is trading 16.4% below its estimated GF Value™ of ¥9.29. GuruFocus considers Changjiang Publishing & Media Co to be Modestly Undervalued.

Key valuation signals for SHSE:600757:

  • ROC (Joel Greenblatt) %: 51.43% (129% above median its 10-year median of 22.50)
  • GF Value™: ¥9.29 vs. price of ¥7.77 (16.4% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 422.1% above the Media - Diversified median (#227 of 1015)

No single metric tells the full story. See the SHSE:600757 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changjiang Publishing & Media Co Business Description

Address No. 268 Xiongchu Avenue, 11th-12th Floor, Block B, Hubei Publishing Culture City, Hubei Province, Wuhan, CHN, 430070
Changjiang Publishing & Media Co Ltd is engaged in the publication and media industry, as well as the manufacturing of clothing and other fiber products.
64GF Score

Get the complete analysis for SHSE:600757

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

¥7.77
Price
¥9.29
GF Value