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Beijing Jingyi Automation Equipment CoSHSE:688652 +3.08%47 ROC (Joel Greenblatt) % is 26.31% as of Mar. 2026, which is 7% below its 10-year median of 28.40. GuruFocus rates SHSE:688652 with a GF Score™ of 47/100. The stock has 2 warning signs investors should review. Among 1,027 Semiconductors companies, Beijing Jingyi Automation Equipment Co ranks better than 65.82% 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. Beijing Jingyi Automation Equipment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 26.31%.
SHSE:688652'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -37.88 Med: 28.4 Max: 33.83
Current: 20.64
During the past 7 years, Beijing Jingyi Automation Equipment Co's highest ROC (Joel Greenblatt) % was 33.83%. The lowest was -37.88%. And the median was 28.40%.
SHSE:688652's ROC (Joel Greenblatt) % is ranked better than 65.82% of 1027
companies
in the Semiconductors industry
Industry Median: 8.5
vs SHSE:688652: 20.64
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.
Beijing Jingyi Automation Equipment Co ROC (Joel Greenblatt) % Chart
Beijing Jingyi Automation Equipment Co Annual Data
SHSE:688652 vs AMAT, LRCX, KLAC: ROC (Joel Greenblatt) % Comparison
For the Semiconductor Equipment & Materials subindustry, Beijing Jingyi Automation Equipment 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.
Beijing Jingyi Automation Equipment Co ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Beijing Jingyi Automation Equipment Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Beijing Jingyi Automation Equipment Co's ROC (Joel Greenblatt) % falls into.
Beijing Jingyi Automation Equipment 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 26.31% mean?
Beijing Jingyi Automation Equipment Co (SHSE:688652) has a ROC (Joel Greenblatt) % of 26.31% 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 Beijing Jingyi Automation Equipment Co and its competitors. This is near median its historical median of 28.40. According to the industry distribution chart, Beijing Jingyi Automation Equipment Co ranks #351 out of 1027 companies in the Semiconductors industry, placing it in the top 34.2%.
Is Beijing Jingyi Automation Equipment Co's ROC (Joel Greenblatt) % too high?
Beijing Jingyi Automation Equipment Co's current ROC (Joel Greenblatt) % of 26.31% is near median its 10-year median of 28.40. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.50. Beijing Jingyi Automation Equipment Co's value of 26.31% is 209.5% above this industry median. Based on the distribution chart, Beijing Jingyi Automation Equipment Co ranks #351 out of 1027 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Beijing Jingyi Automation Equipment Co has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Beijing Jingyi Automation Equipment Co's ROC (Joel Greenblatt) % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Beijing Jingyi Automation Equipment Co ranks #351 out of 1027 companies for ROC (Joel Greenblatt) %. This puts Beijing Jingyi Automation Equipment Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.50. Beijing Jingyi Automation Equipment Co's value of 26.31% is 209.5% above this benchmark. While the company's 10-year median is 28.40 vs. the industry median of 8.50, Beijing Jingyi Automation Equipment 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.50, based on 1,027 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. Beijing Jingyi Automation Equipment Co's current ROC (Joel Greenblatt) % of 26.31% is 209.5% 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 Beijing Jingyi Automation Equipment Co and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Jingyi Automation Equipment Co's current ROC (Joel Greenblatt) % is 26.31%, which is near median its own 10-year median of 28.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Jingyi Automation Equipment Co stock overvalued right now?
Beijing Jingyi Automation Equipment Co (SHSE:688652) has a current ROC (Joel Greenblatt) % of 26.31%. The current ROC (Joel Greenblatt) % is 26.31%, which is near median its 10-year median of 28.40 and 209.5% above the Semiconductors industry median of 8.50. Beijing Jingyi Automation Equipment Co's overall GF Score™ is 47/100 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 Beijing Jingyi Automation Equipment Co (SHSE:688652), the current ROC (Joel Greenblatt) % is 26.31% 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.
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