XISHY (Xinyi Solar Holdings) ROC (Joel Greenblatt) %: 0.89% (As of Dec. 2025) — 95% Below Median


XISHY Xinyi Solar Holdings Ltd XISHY
75 GF Score
Price $5.22
GF Value $8.51
Valuation Possible Value Trap
! 6 Warning Signs
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What is Xinyi Solar Holdings ROC (Joel Greenblatt) %?

Xinyi Solar Holdings XISHY +1.95% 75 ROC (Joel Greenblatt) % is 0.89% as of Dec. 2025, which is 95% below its 10-year median of 16.67. GuruFocus rates XISHY with a GF Score™ of 75/100 and a GF Value™ of $8.51 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,025 Semiconductors companies, Xinyi Solar Holdings ranks worse than 58.63% 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. Xinyi Solar Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.89%.

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

XISHY' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.73   Med: 16.67   Max: 25.02
Current: 3.73

During the past 13 years, Xinyi Solar Holdings's highest ROC (Joel Greenblatt) % was 25.02%. The lowest was 3.73%. And the median was 16.67%.

XISHY's ROC (Joel Greenblatt) % is ranked worse than
58.63% of 1025 companies
in the Semiconductors industry
Industry Median: 8.19 vs XISHY: 3.73

Xinyi Solar Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -31.40% per year.


Xinyi Solar Holdings  (OTCPK:XISHY) 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.


Xinyi Solar Holdings ROC (Joel Greenblatt) % Related Terms


Xinyi Solar Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Xinyi Solar 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.

Xinyi Solar Holdings ROC (Joel Greenblatt) % Chart

Xinyi Solar 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 22.67 16.07 16.41 6.07 3.92

Xinyi Solar Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 19.54 13.67 -1.50 6.31 0.89

XISHY vs FSLR, NXT, ENPH: ROC (Joel Greenblatt) % Comparison

For the Solar subindustry, Xinyi Solar 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.


Xinyi Solar Holdings ROC (Joel Greenblatt) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Xinyi Solar Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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


XISHY
75GF Score
Xinyi Solar Holdings Ltd XISHY
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Xinyi Solar 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1408.053 + 274.867 + 187.126) - (687.288 + 0 + 471.763)
=710.995

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1112.656 + 246.359 + 5.8960000000002) - (1079.946 + 0 + 54.787)
=230.178

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Xinyi Solar 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: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=49.854/( ( (5302.566 + max(710.995, 0)) + (4964.117 + max(230.178, 0)) )/ 2 )
=49.854/( ( 6013.561 + 5194.295 )/ 2 )
=49.854/5603.928
=0.89 %

Note: The EBIT data used here is two times the semi-annual (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 0.89% mean?
Xinyi Solar Holdings (XISHY) has a ROC (Joel Greenblatt) % of 0.89% 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 Xinyi Solar Holdings and its competitors. This is 95% below median its historical median of 16.67. Over the past decade, Xinyi Solar Holdings' ROC (Joel Greenblatt) % has ranged from 3.73 to 25.02. According to the industry distribution chart, Xinyi Solar Holdings ranks #601 out of 1025 companies in the Semiconductors industry, placing it in the top 58.6%.
Is Xinyi Solar Holdings' ROC (Joel Greenblatt) % too high?
Xinyi Solar Holdings' current ROC (Joel Greenblatt) % of 0.89% is 95% below median its 10-year median of 16.67. Over the past 10 years, this metric has ranged from a low of 3.73 to a high of 25.02. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.19. Xinyi Solar Holdings' value of 0.89% is 89.1% below this industry median. Based on the distribution chart, Xinyi Solar Holdings ranks #601 out of 1025 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Xinyi Solar Holdings has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Xinyi Solar Holdings' ROC (Joel Greenblatt) % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Xinyi Solar Holdings ranks #601 out of 1025 companies for ROC (Joel Greenblatt) %. This places Xinyi Solar Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.19. Xinyi Solar Holdings' value of 0.89% is 89.1% below this benchmark. Historically, Xinyi Solar Holdings' own ROC (Joel Greenblatt) % has ranged from 3.73 to 25.02 over the past decade. While the company's 10-year median is 16.67 vs. the industry median of 8.19, Xinyi Solar Holdings has consistently been below 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 8.19, based on 1,025 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. Xinyi Solar Holdings's current ROC (Joel Greenblatt) % of 0.89% is 89.1% below 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 Xinyi Solar Holdings and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinyi Solar Holdings's current ROC (Joel Greenblatt) % is 0.89%, which is 95% below median its own 10-year median of 16.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinyi Solar Holdings stock overvalued right now?
Based on GuruFocus' analysis, Xinyi Solar Holdings (XISHY) is currently considered Possible Value Trap. The stock's GF Value™ is $8.51, compared to a current price of $5.22 — trading 38.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 0.89%, which is 95% below median its 10-year median of 16.67 and 89.1% below the Semiconductors industry median of 8.19. Xinyi Solar Holdings' overall GF Score™ is 75/100 with 6 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 Xinyi Solar Holdings (XISHY), the current ROC (Joel Greenblatt) % is 0.89% 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 Xinyi Solar Holdings (XISHY) Overvalued in 2026?

Based on GuruFocus' analysis, Xinyi Solar Holdings stock appears to be undervalued. The current stock price of $5.22 is trading 38.7% below its estimated GF Value™ of $8.51. GuruFocus considers Xinyi Solar Holdings to be Possible Value Trap.

Key valuation signals for XISHY:

  • ROC (Joel Greenblatt) %: 0.89% (95% below median its 10-year median of 16.67)
  • GF Value™: $8.51 vs. price of $5.22 (38.7% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 89.1% below the Semiconductors median (#601 of 1025)

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


Xinyi Solar Holdings Business Description

Address 2 Xinyi Road, Xinyi PV Glass Industrial Zone, Wuhu Economic and Technology Development Zone, Anhui Province, Wuhu, CHN, 241007
Xinyi Solar Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the production and sale of solar glass products and the development and operation of renewable energy business focused on solar farms. The company's operating segments include sales of solar glass and renewable energy business. A majority of its revenue is generated from the sales of solar glass. Geographically, it derives maximum revenue from Mainland China, followed by other areas in Asia, North America and Europe, and other regions.
75GF Score

Get the complete analysis for XISHY

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

$5.22
Price
$8.51
GF Value