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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. Shanghai Jinjiang International Travel Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 199.52%.
SHSE:900929'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -756.99 Med: 48.36 Max: 671.74
Current: 102.45
During the past 13 years, Shanghai Jinjiang International Travel Co's highest ROC (Joel Greenblatt) % was 671.74%. The lowest was -756.99%. And the median was 48.36%.
SHSE:900929's ROC (Joel Greenblatt) % is ranked better than 90.79% of 847
companies
in the Travel & Leisure industry
Industry Median: 10.59
vs SHSE:900929: 102.45
Shanghai Jinjiang International Travel Co (SHSE:900929) 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.
Shanghai Jinjiang International Travel Co ROC (Joel Greenblatt) % Chart
Shanghai Jinjiang International Travel Co Annual Data
SHSE:900929 vs MAR, HLT, H: ROC (Joel Greenblatt) % Comparison
For the Lodging subindustry, Shanghai Jinjiang International Travel 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.
Shanghai Jinjiang International Travel Co ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Shanghai Jinjiang International Travel Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Shanghai Jinjiang International Travel Co's ROC (Joel Greenblatt) % falls into.
Shanghai Jinjiang International Travel 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 199.52% mean?
Shanghai Jinjiang International Travel Co (SHSE:900929) has a ROC (Joel Greenblatt) % of 199.52% 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 Shanghai Jinjiang International Travel Co and its competitors. This is 313% above median its historical median of 48.36. According to the industry distribution chart, Shanghai Jinjiang International Travel Co ranks #78 out of 847 companies in the Travel & Leisure industry, placing it in the top 9.2%.
Is Shanghai Jinjiang International Travel Co's ROC (Joel Greenblatt) % too high?
Shanghai Jinjiang International Travel Co's current ROC (Joel Greenblatt) % of 199.52% is 313% above median its 10-year median of 48.36. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 10.59. Shanghai Jinjiang International Travel Co's value of 199.52% is 1784% above this industry median. Based on the distribution chart, Shanghai Jinjiang International Travel Co ranks #78 out of 847 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Jinjiang International Travel Co has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Jinjiang International Travel Co's ROC (Joel Greenblatt) % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Shanghai Jinjiang International Travel Co ranks #78 out of 847 companies for ROC (Joel Greenblatt) %. This places Shanghai Jinjiang International Travel Co in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.59. Shanghai Jinjiang International Travel Co's value of 199.52% is 1784% above this benchmark. While the company's 10-year median is 48.36 vs. the industry median of 10.59, Shanghai Jinjiang International Travel 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. Shanghai Jinjiang International Travel Co's current ROC (Joel Greenblatt) % of 199.52% is 1784% 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 Shanghai Jinjiang International Travel 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. Shanghai Jinjiang International Travel Co's current ROC (Joel Greenblatt) % is 199.52%, which is 313% above median its own 10-year median of 48.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Jinjiang International Travel Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Jinjiang International Travel Co (SHSE:900929) is currently considered Significantly Undervalued. The stock's GF Value™ is $1.46, compared to a current price of $0.91 — trading 37.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 199.52%, which is 313% above median its 10-year median of 48.36 and 1784% above the Travel & Leisure industry median of 10.59. Shanghai Jinjiang International Travel Co's overall GF Score™ is 55/100 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 Shanghai Jinjiang International Travel Co (SHSE:900929), the current ROC (Joel Greenblatt) % is 199.52% 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.
Is Shanghai Jinjiang International Travel Co (SHSE:900929) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Jinjiang International Travel Co stock appears to be undervalued.
The current stock price of $0.91 is trading 37.7% below its estimated GF Value™ of $1.46.
GuruFocus considers Shanghai Jinjiang International Travel Co to be Significantly Undervalued.
Key valuation signals for SHSE:900929:
ROC (Joel Greenblatt) %: 199.52% (313% above median its 10-year median of 48.36)
GF Value™: $1.46 vs. price of $0.91 (37.7% below fair value)
Industry Position: 1784% above the Travel & Leisure median (#78 of 847)
No single metric tells the full story. See the SHSE:900929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Jinjiang International Travel Co Ltd is mainly engaged in tourism services, exhibition, and business travel, and cultural tourism destination operation business, organizing inbound tourism for overseas tourists, domestic tourism and outbound tourism for Chinese citizens, and providing sightseeing, leisure and vacation, conference and exhibition, tourism consulting, scenic area management, tourism development project planning consulting and other services. The Company sells travel products with "Jinjiang Tourism" as the main brand, and provides conference and exhibition services with "Jinjiang Convention and Exhibition" as the main brand.
55GF Score
Get the complete analysis for SHSE:900929
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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