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Suning.com Co (SZSE:002024) Earnings Yield (Joel Greenblatt) % : -9.94% (As of Mar. 2024)


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What is Suning.com Co Earnings Yield (Joel Greenblatt) %?

Suning.com Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥37,319 Mil. Suning.com Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-3,710 Mil. Suning.com Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was -9.94%.

The historical rank and industry rank for Suning.com Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

SZSE:002024' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -106.14   Med: 1.63   Max: 27.84
Current: -10.08

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Suning.com Co was 27.84%. The lowest was -106.14%. And the median was 1.63%.

SZSE:002024's Earnings Yield (Joel Greenblatt) % is ranked worse than
87.16% of 1114 companies
in the Retail - Cyclical industry
Industry Median: 4.875 vs SZSE:002024: -10.08

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Suning.com Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Suning.com Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Suning.com Co's Earnings Yield (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.

* Premium members only.

Suning.com Co Earnings Yield (Joel Greenblatt) % Chart

Suning.com Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.15 -6.62 -68.49 -37.31 -9.29

Suning.com Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Earnings Yield (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 -38.31 -40.65 -36.23 -9.29 -9.94

Competitive Comparison of Suning.com Co's Earnings Yield (Joel Greenblatt) %

For the Specialty Retail subindustry, Suning.com Co's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (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.


Suning.com Co's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Suning.com Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Suning.com Co's Earnings Yield (Joel Greenblatt) % falls into.



Suning.com Co Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Suning.com Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-3737.043/40234.6748
=-9.29 %

Suning.com Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-3,710 Mil.



Suning.com Co  (SZSE:002024) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Suning.com Co Earnings Yield (Joel Greenblatt) % Related Terms

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Suning.com Co (SZSE:002024) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Shanxi Road, 1-5th floor, Jinshan Building, Jiangsu Province, Nanjing, CHN, 210042
Suning.com Co Ltd, formerly Suning Commerce Group Co Ltd, is a retail shop offering electronic appliances such as air-conditioners, refrigerators, washing machines, color TVs, audio-video products, small home appliances, communication products, computers and digital products.
Executives
Li Jian Ying Supervisors
Zhang Jin Dong Director
Yao Kai Executives
Huang Wei Directors, executives
Meng Xiang Sheng Directors, executives
Gu Wei Executives
Hou En Long Executives
Ren Jun Director
Tian Rui Executives
Gong Zhen Yu Executives
Wang Quan Sheng Independent director
Sun Wei Min Director
Jin Ming Directors, executives
Zhu Hua Executives

Suning.com Co (SZSE:002024) Headlines

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