Jinli Group Holdings (TPE:8429) ROC (Joel Greenblatt) %: 28.65% (As of Dec. 2025) — 280% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:8429 Jinli Group Holdings Ltd TPE:8429
70 GF Score
Price NT$6.10
GF Value NT$7.26
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Jinli Group Holdings ROC (Joel Greenblatt) %?

Jinli Group Holdings TPE:8429 -0.33% 70 ROC (Joel Greenblatt) % is 28.65% as of Dec. 2025, which is 280% above its 10-year median of 7.54. GuruFocus rates TPE:8429 with a GF Score™ of 70/100 and a GF Value™ of NT$7.26 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,063 Manufacturing - Apparel & Accessories companies, Jinli Group Holdings ranks better than 75.73% 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. Jinli Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 28.65%.

The historical rank and industry rank for Jinli Group Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:

TPE:8429' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -169.33   Med: 7.54   Max: 64.28
Current: 19.2

During the past 13 years, Jinli Group Holdings's highest ROC (Joel Greenblatt) % was 64.28%. The lowest was -169.33%. And the median was 7.54%.

TPE:8429's ROC (Joel Greenblatt) % is ranked better than
75.73% of 1063 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.45 vs TPE:8429: 19.20

Jinli Group Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Jinli Group Holdings  (TPE:8429) 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.


Jinli Group Holdings ROC (Joel Greenblatt) % Related Terms


Jinli Group Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Jinli Group Holdings'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.

Jinli Group Holdings ROC (Joel Greenblatt) % Chart

Jinli Group Holdings 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 16.50 -126.70 -7.15 -1.43 18.75

Jinli Group Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -13.34 16.04 19.97 12.50 28.65

TPE:8429 vs RL, LEVI, VFC: ROC (Joel Greenblatt) % Comparison

For the Apparel Manufacturing subindustry, Jinli Group Holdings'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.


Jinli Group Holdings ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jinli Group Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Jinli Group Holdings's ROC (Joel Greenblatt) % falls into.


TPE:8429
70GF Score
Jinli Group Holdings Ltd TPE:8429
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jinli Group Holdings 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.211 + 0 + 17.985999999999) - (103.488 + 0 + 0)
=-72.291000000001

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.525 + 0 + 22.497) - (115.765 + 0 + 0)
=-75.743

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Jinli Group Holdings for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=32.968/( ( (112.498 + max(-72.291000000001, 0)) + (117.662 + max(-75.743, 0)) )/ 2 )
=32.968/( ( 112.498 + 117.662 )/ 2 )
=32.968/115.08
=28.65 %

Note: The EBIT data used here is four times the quarterly (Dec. 2025) 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 28.65% mean?
Jinli Group Holdings (TPE:8429) has a ROC (Joel Greenblatt) % of 28.65% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Jinli Group Holdings and its competitors. This is 280% above median its historical median of 7.54. According to the industry distribution chart, Jinli Group Holdings ranks #258 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 24.3%.
Is Jinli Group Holdings' ROC (Joel Greenblatt) % too high?
Jinli Group Holdings' current ROC (Joel Greenblatt) % of 28.65% is 280% above median its 10-year median of 7.54. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.45. Jinli Group Holdings' value of 28.65% is 239.1% above this industry median. Based on the distribution chart, Jinli Group Holdings ranks #258 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Jinli Group Holdings has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jinli Group Holdings' ROC (Joel Greenblatt) % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Jinli Group Holdings ranks #258 out of 1063 companies for ROC (Joel Greenblatt) %. This places Jinli Group Holdings in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.45. Jinli Group Holdings' value of 28.65% is 239.1% above this benchmark. While the company's 10-year median is 7.54 vs. the industry median of 8.45, Jinli Group Holdings 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.45, based on 1,063 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. Jinli Group Holdings's current ROC (Joel Greenblatt) % of 28.65% is 239.1% 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 Jinli Group Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinli Group Holdings's current ROC (Joel Greenblatt) % is 28.65%, which is 280% above median its own 10-year median of 7.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinli Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Jinli Group Holdings (TPE:8429) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$7.26, compared to a current price of NT$6.10 — trading 16% below its estimated fair value. The current ROC (Joel Greenblatt) % is 28.65%, which is 280% above median its 10-year median of 7.54 and 239.1% above the Manufacturing - Apparel & Accessories industry median of 8.45. Jinli Group Holdings' overall GF Score™ is 70/100 with 4 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 Jinli Group Holdings (TPE:8429), the current ROC (Joel Greenblatt) % is 28.65% as of Dec. 2025. 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 Jinli Group Holdings (TPE:8429) Overvalued in 2026?

Based on GuruFocus' analysis, Jinli Group Holdings stock appears to be undervalued. The current stock price of NT$6.10 is trading 16% below its estimated GF Value™ of NT$7.26. GuruFocus considers Jinli Group Holdings to be Modestly Undervalued.

Key valuation signals for TPE:8429:

  • ROC (Joel Greenblatt) %: 28.65% (280% above median its 10-year median of 7.54)
  • GF Value™: NT$7.26 vs. price of NT$6.10 (16% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 239.1% above the Manufacturing - Apparel & Accessories median (#258 of 1063)

No single metric tells the full story. See the TPE:8429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jinli Group Holdings Business Description

Address No. 189, Boai 1st Road, 11th Floor, Sanmin District, Kaohsiung, TWN, 807363
Jinli Group Holdings Ltd through its subsidiaries is engaged in the manufacture, processing, and sale of clothing and footwear. The company's operating segment includes Clothing and footwear and Cosmetics. The company generates maximum revenue from the Clothing and footwear segment that includes manufacture of denim clothing, casual shoes, jeans, and other related products. Cosmetics segments include the manufacture and sales of masks and cosmetics. Geographically, it derives a majority of its revenue from China.
70GF Score

Get the complete analysis for TPE:8429

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

NT$6.10
Price
NT$7.26
GF Value