Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Zhejiang Zhenshi New Materials CoSHSE:601112 +3.40%16 ROC (Joel Greenblatt) % is 24.41% as of Jun. 2026, which is 32% below its 10-year median of 35.78. GuruFocus rates SHSE:601112 with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 3,072 Industrial Products companies, Zhejiang Zhenshi New Materials Co ranks better than 66.63% 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. Zhejiang Zhenshi New Materials Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 24.41%.
The historical rank and industry rank for Zhejiang Zhenshi New Materials Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:601112'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.64 Med: 35.78 Max: 61.5
Current: 20.69
During the past 4 years, Zhejiang Zhenshi New Materials Co's highest ROC (Joel Greenblatt) % was 61.50%. The lowest was 19.64%. And the median was 35.78%.
SHSE:601112's ROC (Joel Greenblatt) % is ranked better than 66.63% of 3072
companies
in the Industrial Products industry
Industry Median: 11.925
vs SHSE:601112: 20.69
Zhejiang Zhenshi New Materials Co (SHSE:601112) 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.
Zhejiang Zhenshi New Materials Co ROC (Joel Greenblatt) % Chart
SHSE:601112 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Zhejiang Zhenshi New Materials 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.
Zhejiang Zhenshi New Materials Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Zhenshi New Materials Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Zhejiang Zhenshi New Materials Co's ROC (Joel Greenblatt) % falls into.
Zhejiang Zhenshi New Materials 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 (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 24.41% mean?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a ROC (Joel Greenblatt) % of 24.41% 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 Zhejiang Zhenshi New Materials Co and its competitors. This is 32% below median its historical median of 35.78. Over the past decade, Zhejiang Zhenshi New Materials Co's ROC (Joel Greenblatt) % has ranged from 19.64 to 61.50. According to the industry distribution chart, Zhejiang Zhenshi New Materials Co ranks #1025 out of 3072 companies in the Industrial Products industry, placing it in the top 33.4%.
Is Zhejiang Zhenshi New Materials Co's ROC (Joel Greenblatt) % too high?
Zhejiang Zhenshi New Materials Co's current ROC (Joel Greenblatt) % of 24.41% is 32% below median its 10-year median of 35.78. Over the past 10 years, this metric has ranged from a low of 19.64 to a high of 61.50. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.93. Zhejiang Zhenshi New Materials Co's value of 24.41% is 104.7% above this industry median. Based on the distribution chart, Zhejiang Zhenshi New Materials Co ranks #1025 out of 3072 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zhejiang Zhenshi New Materials Co has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Zhenshi New Materials Co's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Zhenshi New Materials Co ranks #1025 out of 3072 companies for ROC (Joel Greenblatt) %. This puts Zhejiang Zhenshi New Materials Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.93. Zhejiang Zhenshi New Materials Co's value of 24.41% is 104.7% above this benchmark. Historically, Zhejiang Zhenshi New Materials Co's own ROC (Joel Greenblatt) % has ranged from 19.64 to 61.50 over the past decade. While the company's 10-year median is 35.78 vs. the industry median of 11.93, Zhejiang Zhenshi New Materials 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 11.93, based on 3,072 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. Zhejiang Zhenshi New Materials Co's current ROC (Joel Greenblatt) % of 24.41% is 104.7% 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 Zhejiang Zhenshi New Materials Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Zhenshi New Materials Co's current ROC (Joel Greenblatt) % is 24.41%, which is 32% below median its own 10-year median of 35.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Zhenshi New Materials Co stock overvalued right now?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a current ROC (Joel Greenblatt) % of 24.41%. The current ROC (Joel Greenblatt) % is 24.41%, which is 32% below median its 10-year median of 35.78 and 104.7% above the Industrial Products industry median of 11.93. Zhejiang Zhenshi New Materials Co's overall GF Score™ is 16/100 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 Zhejiang Zhenshi New Materials Co (SHSE:601112), the current ROC (Joel Greenblatt) % is 24.41% 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.
Zhejiang Zhenshi New Materials Co Ltd is engaged in the research and development, production, and sale of fiber reinforcement materials for clean energy applications. Its activities include the manufacturing and sale of fiberglass, glass fiber reinforced plastic products, high-performance fibers and composites, as well as related power electronic components. The company specializes in the research and development, production and sales of high-performance fiber weaving, thermosetting and thermoplastic composite products. The products are used in new energy wind power, solar photovoltaic, new energy vehicles, transportation, building materials and home furnishings.
16GF Score
Get the complete analysis for SHSE:601112
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:601112 has been successfully added to your 
