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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. Jiangxi Hungpai New Material Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -6.75%.
The historical rank and industry rank for Jiangxi Hungpai New Material Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:605366'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.93 Med: 26.26 Max: 43.9
Current: -8.93
During the past 10 years, Jiangxi Hungpai New Material Co's highest ROC (Joel Greenblatt) % was 43.90%. The lowest was -8.93%. And the median was 26.26%.
SHSE:605366's ROC (Joel Greenblatt) % is ranked worse than 86.85% of 1604
companies
in the Chemicals industry
Industry Median: 9.565
vs SHSE:605366: -8.93
Jiangxi Hungpai New Material Co (SHSE:605366) 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.
Jiangxi Hungpai New Material Co ROC (Joel Greenblatt) % Chart
SHSE:605366 vs DOW: ROC (Joel Greenblatt) % Comparison
For the Chemicals subindustry, Jiangxi Hungpai New Material 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.
Jiangxi Hungpai New Material Co ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Jiangxi Hungpai New Material Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Jiangxi Hungpai New Material Co's ROC (Joel Greenblatt) % falls into.
Jiangxi Hungpai New Material 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 -6.75% mean?
Jiangxi Hungpai New Material Co (SHSE:605366) has a ROC (Joel Greenblatt) % of -6.75% 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 Jiangxi Hungpai New Material Co and its competitors. According to the industry distribution chart, Jiangxi Hungpai New Material Co ranks #1393 out of 1604 companies in the Chemicals industry, placing it in the top 86.8%.
Is Jiangxi Hungpai New Material Co's ROC (Joel Greenblatt) % too high?
Jiangxi Hungpai New Material Co's current ROC (Joel Greenblatt) % is -6.75%. Based on the distribution chart, Jiangxi Hungpai New Material Co ranks #1393 out of 1604 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Jiangxi Hungpai New Material Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Hungpai New Material Co's ROC (Joel Greenblatt) % compare to DOW?
According to the Chemicals industry distribution chart, Jiangxi Hungpai New Material Co ranks #1393 out of 1604 companies for ROC (Joel Greenblatt) %. This places Jiangxi Hungpai New Material Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.57. 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.57, based on 1,604 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. 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 Jiangxi Hungpai New Material Co and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangxi Hungpai New Material Co's current ROC (Joel Greenblatt) % is -6.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Hungpai New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Hungpai New Material Co (SHSE:605366) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.48, compared to a current price of ¥7.16 — trading 15.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is -6.75%. Jiangxi Hungpai New Material Co's overall GF Score™ is 75/100 with 7 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 Jiangxi Hungpai New Material Co (SHSE:605366), the current ROC (Joel Greenblatt) % is -6.75% 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 Jiangxi Hungpai New Material Co (SHSE:605366) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangxi Hungpai New Material Co stock appears to be undervalued.
The current stock price of ¥7.16 is trading 15.6% below its estimated GF Value™ of ¥8.48.
GuruFocus considers Jiangxi Hungpai New Material Co to be Modestly Undervalued.
Key valuation signals for SHSE:605366:
ROC (Joel Greenblatt) %: -6.75%
GF Value™: ¥8.48 vs. price of ¥7.16 (15.6% below fair value)
No single metric tells the full story. See the SHSE:605366 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangxi Hungpai New Material Co Business Description
Jiangxi Hungpai New Material Co Ltd is engaged in research and development, production and sales of new silicon-based materials such as functional silanes, nano-silicon materials and other chemical additives. The company's products include Silane Coupling Agent, Anti-Reversion Agent, Antioxidant Agent, Manufacturing Additive Agent, Prevent Blooming Agent, Raw Chemical Material, Silicone Products Series, Fumed Silica, Anti-Adherent Agent, and Silane coupling agent series.
75GF Score
Get the complete analysis for SHSE:605366
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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