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Tianjin Fuji Ta Bicycle Industry CoSHSE:603468 -0.76%18 ROC (Joel Greenblatt) % is 61.01% as of Jun. 2026, which is 14% above its 10-year median of 53.74. GuruFocus rates SHSE:603468 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 847 Travel & Leisure companies, Tianjin Fuji Ta Bicycle Industry Co ranks better than 71.55% 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. Tianjin Fuji Ta Bicycle Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 61.01%.
The historical rank and industry rank for Tianjin Fuji Ta Bicycle Industry Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:603468'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 26.04 Med: 53.74 Max: 63.84
Current: 26.04
During the past 4 years, Tianjin Fuji Ta Bicycle Industry Co's highest ROC (Joel Greenblatt) % was 63.84%. The lowest was 26.04%. And the median was 53.74%.
SHSE:603468's ROC (Joel Greenblatt) % is ranked better than 71.55% of 847
companies
in the Travel & Leisure industry
Industry Median: 10.59
vs SHSE:603468: 26.04
Tianjin Fuji Ta Bicycle Industry Co (SHSE:603468) 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.
Tianjin Fuji Ta Bicycle Industry Co ROC (Joel Greenblatt) % Chart
Tianjin Fuji Ta Bicycle Industry Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
ROC (Joel Greenblatt) %
47.58
40.46
63.84
59.89
Tianjin Fuji Ta Bicycle Industry Co Quarterly Data
SHSE:603468 vs AS, HAS, LTH: ROC (Joel Greenblatt) % Comparison
For the Leisure subindustry, Tianjin Fuji Ta Bicycle Industry 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.
Tianjin Fuji Ta Bicycle Industry Co ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tianjin Fuji Ta Bicycle Industry Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tianjin Fuji Ta Bicycle Industry Co's ROC (Joel Greenblatt) % falls into.
Tianjin Fuji Ta Bicycle Industry 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 61.01% mean?
Tianjin Fuji Ta Bicycle Industry Co (SHSE:603468) has a ROC (Joel Greenblatt) % of 61.01% 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 Tianjin Fuji Ta Bicycle Industry Co and its competitors. This is 14% above median its historical median of 53.74. Over the past decade, Tianjin Fuji Ta Bicycle Industry Co's ROC (Joel Greenblatt) % has ranged from 26.04 to 63.84. According to the industry distribution chart, Tianjin Fuji Ta Bicycle Industry Co ranks #241 out of 847 companies in the Travel & Leisure industry, placing it in the top 28.5%.
Is Tianjin Fuji Ta Bicycle Industry Co's ROC (Joel Greenblatt) % too high?
Tianjin Fuji Ta Bicycle Industry Co's current ROC (Joel Greenblatt) % of 61.01% is 14% above median its 10-year median of 53.74. Over the past 10 years, this metric has ranged from a low of 26.04 to a high of 63.84. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 10.59. Tianjin Fuji Ta Bicycle Industry Co's value of 61.01% is 476.1% above this industry median. Based on the distribution chart, Tianjin Fuji Ta Bicycle Industry Co ranks #241 out of 847 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Tianjin Fuji Ta Bicycle Industry Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Tianjin Fuji Ta Bicycle Industry Co's ROC (Joel Greenblatt) % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Tianjin Fuji Ta Bicycle Industry Co ranks #241 out of 847 companies for ROC (Joel Greenblatt) %. This puts Tianjin Fuji Ta Bicycle Industry Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.59. Tianjin Fuji Ta Bicycle Industry Co's value of 61.01% is 476.1% above this benchmark. Historically, Tianjin Fuji Ta Bicycle Industry Co's own ROC (Joel Greenblatt) % has ranged from 26.04 to 63.84 over the past decade. While the company's 10-year median is 53.74 vs. the industry median of 10.59, Tianjin Fuji Ta Bicycle Industry 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.59, based on 847 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. Tianjin Fuji Ta Bicycle Industry Co's current ROC (Joel Greenblatt) % of 61.01% is 476.1% 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 Tianjin Fuji Ta Bicycle Industry Co and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin Fuji Ta Bicycle Industry Co's current ROC (Joel Greenblatt) % is 61.01%, which is 14% above median its own 10-year median of 53.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Fuji Ta Bicycle Industry Co stock overvalued right now?
Tianjin Fuji Ta Bicycle Industry Co (SHSE:603468) has a current ROC (Joel Greenblatt) % of 61.01%. The current ROC (Joel Greenblatt) % is 61.01%, which is 14% above median its 10-year median of 53.74 and 476.1% above the Travel & Leisure industry median of 10.59. Tianjin Fuji Ta Bicycle Industry Co's overall GF Score™ is 18/100 with 2 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 Tianjin Fuji Ta Bicycle Industry Co (SHSE:603468), the current ROC (Joel Greenblatt) % is 61.01% 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.
Tianjin Fuji Ta Bicycle Industry Co Ltd is engaged in the research, design, production and sales of bicycles, electric-assisted bicycles, shared bicycles and other products and their key components. It mainly provides complete bicycles and key component manufacturing services to globally renowned bicycle brands such as Pon, Samchuly, Scott, Decathlon, MFC, Specialized, Cycleurope, and Panasonic, as well as domestic shared bicycle operators such as Qingju, Hello, and Meituan.
18GF Score
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