Yutong Heavy Industries Co (SHSE:600817) ROC (Joel Greenblatt) %: 82.65% (As of Jun. 2026) — 20% Above Median

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SHSE:600817 Yutong Heavy Industries Co Ltd SHSE:600817
72 GF Score
Price ¥9.54
GF Value ¥10.55
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Yutong Heavy Industries Co ROC (Joel Greenblatt) %?

Yutong Heavy Industries Co SHSE:600817 +0.10% 72 ROC (Joel Greenblatt) % is 82.65% as of Jun. 2026, which is 20% above its 10-year median of 69.08. GuruFocus rates SHSE:600817 with a GF Score™ of 72/100 and a GF Value™ of ¥10.55 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 210 Farm & Heavy Construction Machinery companies, Yutong Heavy Industries Co ranks better than 92.86% 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. Yutong Heavy Industries Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 82.65%.

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

SHSE:600817' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4269.57   Med: 69.08   Max: 148.84
Current: 73.68

During the past 13 years, Yutong Heavy Industries Co's highest ROC (Joel Greenblatt) % was 148.84%. The lowest was -4269.57%. And the median was 69.08%.

SHSE:600817's ROC (Joel Greenblatt) % is ranked better than
92.86% of 210 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 13.515 vs SHSE:600817: 73.68

Yutong Heavy Industries Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -11.90% per year.


Yutong Heavy Industries Co  (SHSE:600817) 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.


Yutong Heavy Industries Co ROC (Joel Greenblatt) % Related Terms


Yutong Heavy Industries Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Yutong Heavy Industries 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.

Yutong Heavy Industries Co ROC (Joel Greenblatt) % Chart

Yutong Heavy Industries 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 102.32 113.57 57.86 50.87 57.74

Yutong Heavy Industries Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 96.25 85.27 100.21 21.82 82.65

SHSE:600817 vs CAT, DE, PCAR: ROC (Joel Greenblatt) % Comparison

For the Farm & Heavy Construction Machinery subindustry, Yutong Heavy Industries 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.


Yutong Heavy Industries Co ROC (Joel Greenblatt) % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Yutong Heavy Industries Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Yutong Heavy Industries Co's ROC (Joel Greenblatt) % falls into.


SHSE:600817
72GF Score
Yutong Heavy Industries Co Ltd SHSE:600817
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yutong Heavy Industries 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: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(528.476 + 180.267 + 448.079) - (818.591 + 0 + 130.279)
=207.952

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(529.74 + 204.879 + 432.779) - (905.063 + 0 + 94.056)
=168.279

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Yutong Heavy Industries Co for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=428.788/( ( (334.252 + max(207.952, 0)) + (327.179 + max(168.279, 0)) )/ 2 )
=428.788/( ( 542.204 + 495.458 )/ 2 )
=428.788/518.831
=82.65 %

Note: The EBIT data used here is four times the quarterly (Jun. 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 82.65% mean?
Yutong Heavy Industries Co (SHSE:600817) has a ROC (Joel Greenblatt) % of 82.65% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Yutong Heavy Industries Co and its competitors. This is 20% above median its historical median of 69.08. According to the industry distribution chart, Yutong Heavy Industries Co ranks #15 out of 210 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 7.1%.
Is Yutong Heavy Industries Co's ROC (Joel Greenblatt) % too high?
Yutong Heavy Industries Co's current ROC (Joel Greenblatt) % of 82.65% is 20% above median its 10-year median of 69.08. The Farm & Heavy Construction Machinery industry median ROC (Joel Greenblatt) % is 13.52. Yutong Heavy Industries Co's value of 82.65% is 511.5% above this industry median. Based on the distribution chart, Yutong Heavy Industries Co ranks #15 out of 210 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Yutong Heavy Industries Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yutong Heavy Industries Co's ROC (Joel Greenblatt) % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Yutong Heavy Industries Co ranks #15 out of 210 companies for ROC (Joel Greenblatt) %. This places Yutong Heavy Industries Co in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 13.52. Yutong Heavy Industries Co's value of 82.65% is 511.5% above this benchmark. While the company's 10-year median is 69.08 vs. the industry median of 13.52, Yutong Heavy Industries 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 Farm & Heavy Construction Machinery company?
The median ROC (Joel Greenblatt) % among Farm & Heavy Construction Machinery companies is 13.52, based on 210 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. Yutong Heavy Industries Co's current ROC (Joel Greenblatt) % of 82.65% is 511.5% 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 Yutong Heavy Industries Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROC (Joel Greenblatt) % is 13.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yutong Heavy Industries Co's current ROC (Joel Greenblatt) % is 82.65%, which is 20% above median its own 10-year median of 69.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yutong Heavy Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Yutong Heavy Industries Co (SHSE:600817) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.55, compared to a current price of ¥9.54 — trading 9.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 82.65%, which is 20% above median its 10-year median of 69.08 and 511.5% above the Farm & Heavy Construction Machinery industry median of 13.52. Yutong Heavy Industries Co's overall GF Score™ is 72/100 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 Yutong Heavy Industries Co (SHSE:600817), the current ROC (Joel Greenblatt) % is 82.65% as of Jun. 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 Yutong Heavy Industries Co (SHSE:600817) Overvalued in 2026?

Based on GuruFocus' analysis, Yutong Heavy Industries Co stock appears to be undervalued. The current stock price of ¥9.54 is trading 9.6% below its estimated GF Value™ of ¥10.55. GuruFocus considers Yutong Heavy Industries Co to be Modestly Undervalued.

Key valuation signals for SHSE:600817:

  • ROC (Joel Greenblatt) %: 82.65% (20% above median its 10-year median of 69.08)
  • GF Value™: ¥10.55 vs. price of ¥9.54 (9.6% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 511.5% above the Farm & Heavy Construction Machinery median (#15 of 210)

No single metric tells the full story. See the SHSE:600817 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yutong Heavy Industries Co Business Description

Address No. 86, Poyang Lake Road, 106, 1st Floor, Blue Mountain Mansion, Airport Port, Henan Province, Zhengzhou, CHN, 450000
Yutong Heavy Industries Co Ltd is a large-scale Chinese military and civil engineering machinery, environmental protection, special-purpose vehicle and other products and services professional manufacturing enterprise integrating scientific research and development, manufacturing, sales and services.
72GF Score

Get the complete analysis for SHSE:600817

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

¥9.54
Price
¥10.55
GF Value