Yechiu Metal Recycling (China) (SHSE:601388) ROC (Joel Greenblatt) %: 18.07% (As of Jun. 2026) — 156% Above Median

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SHSE:601388 Yechiu Metal Recycling (China) Ltd SHSE:601388
67 GF Score
Price ¥3.40
GF Value ¥3.23
Valuation Fairly Valued
! 5 Warning Signs
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What is Yechiu Metal Recycling (China) ROC (Joel Greenblatt) %?

Yechiu Metal Recycling (China) SHSE:601388 -2.30% 67 ROC (Joel Greenblatt) % is 18.07% as of Jun. 2026, which is 156% above its 10-year median of 7.05. GuruFocus rates SHSE:601388 with a GF Score™ of 67/100 and a GF Value™ of ¥3.23 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,508 Metals & Mining companies, Yechiu Metal Recycling (China) ranks better than 80.58% 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. Yechiu Metal Recycling (China)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 18.07%.

The historical rank and industry rank for Yechiu Metal Recycling (China)'s ROC (Joel Greenblatt) % or its related term are showing as below:

SHSE:601388' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.86   Med: 7.05   Max: 35.91
Current: 11.18

During the past 13 years, Yechiu Metal Recycling (China)'s highest ROC (Joel Greenblatt) % was 35.91%. The lowest was 2.86%. And the median was 7.05%.

SHSE:601388's ROC (Joel Greenblatt) % is ranked better than
80.58% of 2508 companies
in the Metals & Mining industry
Industry Median: -21.85 vs SHSE:601388: 11.18

Yechiu Metal Recycling (China)'s 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -32.30% per year.


Yechiu Metal Recycling (China)  (SHSE:601388) 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.


Yechiu Metal Recycling (China) ROC (Joel Greenblatt) % Related Terms


Yechiu Metal Recycling (China) ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Yechiu Metal Recycling (China)'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.

Yechiu Metal Recycling (China) ROC (Joel Greenblatt) % Chart

Yechiu Metal Recycling (China) 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 35.91 16.06 7.46 3.20 6.41

Yechiu Metal Recycling (China) 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 2.84 8.57 10.21 7.48 18.07

SHSE:601388 vs AA: ROC (Joel Greenblatt) % Comparison

For the Aluminum subindustry, Yechiu Metal Recycling (China)'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.


Yechiu Metal Recycling (China) ROC (Joel Greenblatt) % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Yechiu Metal Recycling (China)'s ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Yechiu Metal Recycling (China)'s ROC (Joel Greenblatt) % falls into.


SHSE:601388
67GF Score
Yechiu Metal Recycling (China) Ltd SHSE:601388
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yechiu Metal Recycling (China) 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)
=(735.851 + 2026.151 + 267.597) - (389.403 + 0 + 40.876)
=2599.32

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(808.371 + 2424.758 + 185.424) - (418.297 + 0 + 21.614)
=2978.642

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Yechiu Metal Recycling (China) 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 )
=899.76/( ( (2234.064 + max(2599.32, 0)) + (2146.257 + max(2978.642, 0)) )/ 2 )
=899.76/( ( 4833.384 + 5124.899 )/ 2 )
=899.76/4979.1415
=18.07 %

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 18.07% mean?
Yechiu Metal Recycling (China) (SHSE:601388) has a ROC (Joel Greenblatt) % of 18.07% 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 Yechiu Metal Recycling (China) and its competitors. This is 156% above median its historical median of 7.05. Over the past decade, Yechiu Metal Recycling (China)'s ROC (Joel Greenblatt) % has ranged from 2.86 to 35.91. According to the industry distribution chart, Yechiu Metal Recycling (China) ranks #487 out of 2508 companies in the Metals & Mining industry, placing it in the top 19.4%.
Is Yechiu Metal Recycling (China)'s ROC (Joel Greenblatt) % too high?
Yechiu Metal Recycling (China)'s current ROC (Joel Greenblatt) % of 18.07% is 156% above median its 10-year median of 7.05. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 35.91. Based on the distribution chart, Yechiu Metal Recycling (China) ranks #487 out of 2508 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Yechiu Metal Recycling (China) has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yechiu Metal Recycling (China)'s ROC (Joel Greenblatt) % compare to AA?
According to the Metals & Mining industry distribution chart, Yechiu Metal Recycling (China) ranks #487 out of 2508 companies for ROC (Joel Greenblatt) %. This places Yechiu Metal Recycling (China) in the top 19% of its industry — outperforming the majority of peers. Historically, Yechiu Metal Recycling (China)'s own ROC (Joel Greenblatt) % has ranged from 2.86 to 35.91 over the past decade. 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 Metals & Mining company?
A good ROC (Joel Greenblatt) % depends on the Metals & Mining industry context. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Yechiu Metal Recycling (China) and its competitors. Yechiu Metal Recycling (China)'s current ROC (Joel Greenblatt) % is 18.07%, which is 156% above median its own 10-year median of 7.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yechiu Metal Recycling (China) stock overvalued right now?
Based on GuruFocus' analysis, Yechiu Metal Recycling (China) (SHSE:601388) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.23, compared to a current price of ¥3.40 — trading 5.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 18.07%, which is 156% above median its 10-year median of 7.05. Yechiu Metal Recycling (China)'s overall GF Score™ is 67/100 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 Yechiu Metal Recycling (China) (SHSE:601388), the current ROC (Joel Greenblatt) % is 18.07% 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 Yechiu Metal Recycling (China) (SHSE:601388) Overvalued in 2026?

Based on GuruFocus' analysis, Yechiu Metal Recycling (China) stock appears to be overvalued. The current stock price of ¥3.40 is trading 5.3% above its estimated GF Value™ of ¥3.23. GuruFocus considers Yechiu Metal Recycling (China) to be Fairly Valued.

Key valuation signals for SHSE:601388:

  • ROC (Joel Greenblatt) %: 18.07% (156% above median its 10-year median of 7.05)
  • GF Value™: ¥3.23 vs. price of ¥3.40 (5.3% above fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the SHSE:601388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yechiu Metal Recycling (China) Business Description

Address No.88 Hufuhuang Road, Fuqiao Town, Jiangsu, Taicang, CHN
Yechiu Metal Recycling (China) Ltd is engaged in the recycling, sorting, processing, melting and processing of metal resources. It involves in the collection of aluminum scrap resources from waste automobiles, construction materials, home appliances, etc. Its products are aluminum alloy ingots of various specifications and models. The products are widely used in automobiles, electrical appliances, machinery, construction, electricity, transportation, computers, packaging, hardware and other fields.
67GF Score

Get the complete analysis for SHSE:601388

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

¥3.40
Price
¥3.23
GF Value