Zhejiang Kema Friction Materials Co (BJSE:920086) EBIT: ¥104.9 Mil (TTM As of Jun. 2026)

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BJSE:920086 Zhejiang Kema Friction Materials Co Ltd BJSE:920086
49 GF Score
Price ¥20.62
! 3 Warning Signs
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What is Zhejiang Kema Friction Materials Co EBIT?

Zhejiang Kema Friction Materials Co BJSE:920086 49 EBIT is ¥104.9 Mil as of Jun. 2026. GuruFocus rates BJSE:920086 with a GF Score™ of 49/100. The stock has 3 warning signs investors should review.

Zhejiang Kema Friction Materials Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was ¥27.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was ¥104.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhejiang Kema Friction Materials Co's annualized ROC % for the quarter that ended in Jun. 2026 was 14.68%. Zhejiang Kema Friction Materials Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 25.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhejiang Kema Friction Materials Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 7.06%.


Zhejiang Kema Friction Materials Co  (BJSE:920086) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Zhejiang Kema Friction Materials Co's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=108.956 * ( 1 - 14.44% )/( (641.742 + 628.474)/ 2 )
=93.2227536/635.108
=14.68 %

where

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=938.452 - 34.63 - ( 275.348 - max(0, 37.385 - 579.163+275.348))
=628.474

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Zhejiang Kema Friction Materials Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=109.644/( ( (219.565 + max(211.638, 0)) + (217.72 + max(203.106, 0)) )/ 2 )
=109.644/( ( 431.203 + 420.826 )/ 2 )
=109.644/426.0145
=25.74 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(111.518 + 64.525 + 82.83) - (44.605 + 0 + 2.63)
=211.638

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(121.318 + 60.354 + 58.599) - (34.63 + 0 + 2.535)
=203.106

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Zhejiang Kema Friction Materials Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=104.904/1485.515
=7.06 %

* 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.


Zhejiang Kema Friction Materials Co EBIT Related Terms


Zhejiang Kema Friction Materials Co EBIT Historical Data

* Premium members only.

The historical data trend for Zhejiang Kema Friction Materials Co's EBIT 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.

Zhejiang Kema Friction Materials Co EBIT Chart

Zhejiang Kema Friction Materials Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.25 43.92 54.75 79.26 100.70

Zhejiang Kema Friction Materials Co Quarterly Data
Dec19 Jun20 Dec20 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBIT 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 24.90 153.37 -104.42 28.54 27.41

BJSE:920086 vs ORLY, AZO, GPC: EBIT Comparison

For the Auto Parts subindustry, Zhejiang Kema Friction Materials Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Zhejiang Kema Friction Materials Co EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Kema Friction Materials Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Kema Friction Materials Co's EV-to-EBIT falls into.


BJSE:920086
49GF Score
Zhejiang Kema Friction Materials Co Ltd BJSE:920086
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Kema Friction Materials Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥104.9 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ¥104.9 Mil mean?
Zhejiang Kema Friction Materials Co (BJSE:920086) has a EBIT of ¥104.9 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Zhejiang Kema Friction Materials Co.
Is Zhejiang Kema Friction Materials Co's EBIT too high?
Zhejiang Kema Friction Materials Co's current EBIT is ¥104.9 Mil. Overall, Zhejiang Kema Friction Materials Co has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Kema Friction Materials Co's EBIT compare to ORLY and AZO?
Zhejiang Kema Friction Materials Co's EBIT of ¥104.9 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Zhejiang Kema Friction Materials Co. Zhejiang Kema Friction Materials Co's current EBIT is ¥104.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Kema Friction Materials Co stock overvalued right now?
Zhejiang Kema Friction Materials Co (BJSE:920086) has a current EBIT of ¥104.9 Mil. The current EBIT is ¥104.9 Mil. Zhejiang Kema Friction Materials Co's overall GF Score™ is 49/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Zhejiang Kema Friction Materials Co (BJSE:920086), the current EBIT is ¥104.9 Mil 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.

Zhejiang Kema Friction Materials Co Business Description

Address No. 155, Xinhua North Road, Xiping Street, Songyang County, Zhejiang Province, Lishui, CHN, 323400
Zhejiang Kema Friction Materials Co Ltd is engaged in research, development, production, and sales of dry friction sheets and wet paper-based friction sheets. Its business scope includes R&D and manufacturing of auto parts and accessories, wholesale of auto parts, as well as manufacturing and sales of construction machinery.
49GF Score

Get the complete analysis for BJSE:920086

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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