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ZBAO (Zhibao Technology) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Dec. 2023)


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What is Zhibao Technology Earnings Yield (Joel Greenblatt) %?

Zhibao Technology's Enterprise Value for the quarter that ended in Dec. 2023 was $0.00 Mil. Zhibao Technology's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-7.92 Mil. Zhibao Technology's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 0.00%.

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

ZBAO' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.29   Med: -4.74   Max: -3.92
Current: -7.71

During the past 2 years, the highest Earnings Yield (Joel Greenblatt) of Zhibao Technology was -3.92%. The lowest was -8.29%. And the median was -4.74%.

ZBAO's Earnings Yield (Joel Greenblatt) % is ranked worse than
96.06% of 482 companies
in the Insurance industry
Industry Median: 6.955 vs ZBAO: -7.71

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) %. Zhibao Technology's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 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.


Zhibao Technology Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Zhibao Technology'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.

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Zhibao Technology Earnings Yield (Joel Greenblatt) % Chart

Zhibao Technology Annual Data
Trend Jun21 Jun22
Earnings Yield (Joel Greenblatt) %
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Zhibao Technology Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial - - - - -

Competitive Comparison of Zhibao Technology's Earnings Yield (Joel Greenblatt) %

For the Insurance Brokers subindustry, Zhibao Technology'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.


Zhibao Technology's Earnings Yield (Joel Greenblatt) % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zhibao Technology's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Zhibao Technology's Earnings Yield (Joel Greenblatt) % falls into.



Zhibao Technology 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.

Zhibao Technologys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1.989/0
= %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.



Zhibao Technology  (NAS:ZBAO) 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.


Zhibao Technology Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Zhibao Technology's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhibao Technology Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
Floor 3, Building 6, Wuxing Road, Lane 727, Shanghai, CHN, 201204
Zhibao Technology Inc is a insurance technology company primarily engaged in providing digital insurance brokerage services in China. 2B2C digital embedded insurance is their innovative business model which They pioneered in China. They provide customized digital insurance solutions for B-side channels (covering a wide range of industries and organizations, including but not limited to Internet platforms, large and medium-sized enterprises, and government agencies, etc.), embedding them into the channel's existing business matrix, and providing the channel with Provide digital insurance brokerage services to C-end customers.