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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. Jiangsu Provincial Agricultural Reclamation and Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.07%.
SHSE:601952's ROC (Joel Greenblatt) % is ranked worse than 59.18% of 1977
companies
in the Consumer Packaged Goods industry
Industry Median: 12.08
vs SHSE:601952: 8.89
Jiangsu Provincial Agricultural Reclamation and Development Co (SHSE:601952) 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.
Jiangsu Provincial Agricultural Reclamation and Development Co ROC (Joel Greenblatt) % Chart
Jiangsu Provincial Agricultural Reclamation and Development Co Annual Data
* 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.
Jiangsu Provincial Agricultural Reclamation and Development Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
Jiangsu Provincial Agricultural Reclamation and Development 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 (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 5.07% mean?
Jiangsu Provincial Agricultural Reclamation and Development Co (SHSE:601952) has a ROC (Joel Greenblatt) % of 5.07% 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 Jiangsu Provincial Agricultural Reclamation and Development Co and its competitors. This is 61% below median its historical median of 13.01. Over the past decade, Jiangsu Provincial Agricultural Reclamation and Development Co's ROC (Joel Greenblatt) % has ranged from 8.89 to 21.71. According to the industry distribution chart, Jiangsu Provincial Agricultural Reclamation and Development Co ranks #1170 out of 1977 companies in the Consumer Packaged Goods industry, placing it in the top 59.2%.
Is Jiangsu Provincial Agricultural Reclamation and Development Co's ROC (Joel Greenblatt) % too high?
Jiangsu Provincial Agricultural Reclamation and Development Co's current ROC (Joel Greenblatt) % of 5.07% is 61% below median its 10-year median of 13.01. Over the past 10 years, this metric has ranged from a low of 8.89 to a high of 21.71. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.08. Jiangsu Provincial Agricultural Reclamation and Development Co's value of 5.07% is 58% below this industry median. Based on the distribution chart, Jiangsu Provincial Agricultural Reclamation and Development Co ranks #1170 out of 1977 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Jiangsu Provincial Agricultural Reclamation and Development Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Provincial Agricultural Reclamation and Development Co's ROC (Joel Greenblatt) % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Jiangsu Provincial Agricultural Reclamation and Development Co ranks #1170 out of 1977 companies for ROC (Joel Greenblatt) %. This places Jiangsu Provincial Agricultural Reclamation and Development Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.08. Jiangsu Provincial Agricultural Reclamation and Development Co's value of 5.07% is 58% below this benchmark. Historically, Jiangsu Provincial Agricultural Reclamation and Development Co's own ROC (Joel Greenblatt) % has ranged from 8.89 to 21.71 over the past decade. While the company's 10-year median is 13.01 vs. the industry median of 12.08, Jiangsu Provincial Agricultural Reclamation and Development 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 12.08, based on 1,977 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. Jiangsu Provincial Agricultural Reclamation and Development Co's current ROC (Joel Greenblatt) % of 5.07% is 58% 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 Jiangsu Provincial Agricultural Reclamation and Development Co and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 12.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Provincial Agricultural Reclamation and Development Co's current ROC (Joel Greenblatt) % is 5.07%, which is 61% below median its own 10-year median of 13.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Provincial Agricultural Reclamation and Development Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Provincial Agricultural Reclamation and Development Co (SHSE:601952) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.02, compared to a current price of ¥8.24 — trading 8.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 5.07%, which is 61% below median its 10-year median of 13.01 and 58% below the Consumer Packaged Goods industry median of 12.08. Jiangsu Provincial Agricultural Reclamation and Development Co's overall GF Score™ is 66/100 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 Jiangsu Provincial Agricultural Reclamation and Development Co (SHSE:601952), the current ROC (Joel Greenblatt) % is 5.07% 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 Jiangsu Provincial Agricultural Reclamation and Development Co (SHSE:601952) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Provincial Agricultural Reclamation and Development Co stock appears to be undervalued.
The current stock price of ¥8.24 is trading 8.6% below its estimated GF Value™ of ¥9.02.
GuruFocus considers Jiangsu Provincial Agricultural Reclamation and Development Co to be Fairly Valued.
Key valuation signals for SHSE:601952:
ROC (Joel Greenblatt) %: 5.07% (61% below median its 10-year median of 13.01)
GF Value™: ¥9.02 vs. price of ¥8.24 (8.6% below fair value)
Industry Position: 58% below the Consumer Packaged Goods median (#1170 of 1977)
No single metric tells the full story. See the SHSE:601952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Provincial Agricultural Reclamation and Development Co Ltd is a China-based agricultural company. It is engaged in commodity grain (seed) planting production, agricultural products processing and sales, agricultural technology research and development. The brand portfolio of the company includes Dahua and Su Shi.
66GF Score
Get the complete analysis for SHSE:601952
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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