Jchx Mining Management Co (SHSE:603979) ROC (Joel Greenblatt) %: 46.55% (As of Mar. 2026) — 155% Above Median

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SHSE:603979 Jchx Mining Management Co Ltd SHSE:603979
96 GF Score
Price ¥74.90
GF Value ¥79.41
Valuation Fairly Valued
! 2 Warning Signs
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What is Jchx Mining Management Co ROC (Joel Greenblatt) %?

Jchx Mining Management Co SHSE:603979 +2.81% 96 ROC (Joel Greenblatt) % is 46.55% as of Mar. 2026, which is 155% above its 10-year median of 18.23. GuruFocus rates SHSE:603979 with a GF Score™ of 96/100 and a GF Value™ of ¥79.41 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,506 Metals & Mining companies, Jchx Mining Management Co ranks better than 93.89% 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. Jchx Mining Management Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 46.55%.

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

SHSE:603979' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.81   Med: 18.23   Max: 49.34
Current: 49.34

During the past 13 years, Jchx Mining Management Co's highest ROC (Joel Greenblatt) % was 49.34%. The lowest was 11.81%. And the median was 18.23%.

SHSE:603979's ROC (Joel Greenblatt) % is ranked better than
93.89% of 2506 companies
in the Metals & Mining industry
Industry Median: -22.075 vs SHSE:603979: 49.34

Jchx Mining Management Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 19.10% per year.


Jchx Mining Management Co  (SHSE:603979) 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.


Jchx Mining Management Co ROC (Joel Greenblatt) % Related Terms


Jchx Mining Management Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Jchx Mining Management 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.

Jchx Mining Management Co ROC (Joel Greenblatt) % Chart

Jchx Mining Management 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 19.41 19.96 24.27 29.22 43.64

Jchx Mining Management Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 36.30 51.78 50.02 47.85 46.55

Jchx Mining Management Co ROC (Joel Greenblatt) % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Jchx Mining Management 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.


Jchx Mining Management Co ROC (Joel Greenblatt) % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jchx Mining Management Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Jchx Mining Management Co's ROC (Joel Greenblatt) % falls into.


SHSE:603979
96GF Score
Jchx Mining Management Co Ltd SHSE:603979
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jchx Mining Management 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2466.871 + 1799.513 + 630.38) - (4474.815 + 0 + 293.297)
=128.652

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2448.928 + 1927.98 + 861.724) - (4057.842 + 0 + 333.457)
=847.333

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Jchx Mining Management Co for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3531.12/( ( (7716.803 + max(128.652, 0)) + (6477.621 + max(847.333, 0)) )/ 2 )
=3531.12/( ( 7845.455 + 7324.954 )/ 2 )
=3531.12/7585.2045
=46.55 %

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 46.55% mean?
Jchx Mining Management Co (SHSE:603979) has a ROC (Joel Greenblatt) % of 46.55% 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 Jchx Mining Management Co and its competitors. This is 155% above median its historical median of 18.23. Over the past decade, Jchx Mining Management Co's ROC (Joel Greenblatt) % has ranged from 11.81 to 49.34. According to the industry distribution chart, Jchx Mining Management Co ranks #153 out of 2506 companies in the Metals & Mining industry, placing it in the top 6.1%.
Is Jchx Mining Management Co's ROC (Joel Greenblatt) % too high?
Jchx Mining Management Co's current ROC (Joel Greenblatt) % of 46.55% is 155% above median its 10-year median of 18.23. Over the past 10 years, this metric has ranged from a low of 11.81 to a high of 49.34. Based on the distribution chart, Jchx Mining Management Co ranks #153 out of 2506 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Jchx Mining Management Co has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jchx Mining Management Co's ROC (Joel Greenblatt) % compare to competitors?
According to the Metals & Mining industry distribution chart, Jchx Mining Management Co ranks #153 out of 2506 companies for ROC (Joel Greenblatt) %. This places Jchx Mining Management Co in the top 6% of its industry — outperforming the majority of peers. Historically, Jchx Mining Management Co's own ROC (Joel Greenblatt) % has ranged from 11.81 to 49.34 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 Jchx Mining Management Co and its competitors. Jchx Mining Management Co's current ROC (Joel Greenblatt) % is 46.55%, which is 155% above median its own 10-year median of 18.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jchx Mining Management Co stock overvalued right now?
Based on GuruFocus' analysis, Jchx Mining Management Co (SHSE:603979) is currently considered Fairly Valued. The stock's GF Value™ is ¥79.41, compared to a current price of ¥74.90 — trading 5.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 46.55%, which is 155% above median its 10-year median of 18.23. Jchx Mining Management Co's overall GF Score™ is 96/100 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 Jchx Mining Management Co (SHSE:603979), the current ROC (Joel Greenblatt) % is 46.55% 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 Jchx Mining Management Co (SHSE:603979) Overvalued in 2026?

Based on GuruFocus' analysis, Jchx Mining Management Co stock appears to be undervalued. The current stock price of ¥74.90 is trading 5.7% below its estimated GF Value™ of ¥79.41. GuruFocus considers Jchx Mining Management Co to be Fairly Valued.

Key valuation signals for SHSE:603979:

  • ROC (Joel Greenblatt) %: 46.55% (155% above median its 10-year median of 18.23)
  • GF Value™: ¥79.41 vs. price of ¥74.90 (5.7% below fair value)
  • GF Score™: 96/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603979 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jchx Mining Management Co Business Description

Address No. 28 Shuiyuan West Road, Room 101, Building 1, Economic Development Zone, Miyun District, Beijing, CHN, 101500
Jchx Mining Management Co Ltd is a mining construction company. The company is engaged in mine development and construction, contract mining, and research and development in non-ferrous, ferrous, and chemical industries. The company projects are in Xiadian, Baiyu, Lubambe Copper Mine, Jinfeng Project, and others.
96GF Score

Get the complete analysis for SHSE:603979

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

¥74.90
Price
¥79.41
GF Value