Shandong Huayang Dr Chemical Industry Co (BJSE:920304) EBIT: ¥63.7 Mil (TTM As of Jun. 2026)

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.

BJSE:920304 Shandong Huayang Dr Chemical Industry Co Ltd BJSE:920304
70 GF Score
Price ¥8.48
GF Value ¥11.92
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Shandong Huayang Dr Chemical Industry Co EBIT?

Shandong Huayang Dr Chemical Industry Co BJSE:920304 70 EBIT is ¥63.7 Mil as of Jun. 2026. GuruFocus rates BJSE:920304 with a GF Score™ of 70/100 and a GF Value™ of ¥11.92 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Shandong Huayang Dr Chemical Industry Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was ¥10.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was ¥63.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shandong Huayang Dr Chemical Industry Co's annualized ROC % for the quarter that ended in Jun. 2026 was 4.27%. Shandong Huayang Dr Chemical Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 11.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shandong Huayang Dr Chemical Industry Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 4.32%.


Shandong Huayang Dr Chemical Industry Co  (BJSE:920304) EBIT Explanation

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

Shandong Huayang Dr Chemical Industry 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 )
=39.664 * ( 1 - 23.31% )/( (703.288 + 720.644)/ 2 )
=30.4183216/711.966
=4.27 %

where

Invested Capital(Q: Mar. 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))
=922.616 - 158.529 - ( 151.706 - max(0, 347.036 - 407.835+151.706))
=703.288

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))
=917.757 - 147.489 - ( 125.174 - max(0, 340.637 - 390.261+125.174))
=720.644

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

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

Shandong Huayang Dr Chemical Industry 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 )
=42.164/( ( (376.855 + max(-28.728, 0)) + (380.159 + max(-18.483, 0)) )/ 2 )
=42.164/( ( 376.855 + 380.159 )/ 2 )
=42.164/378.507
=11.14 %

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)
=(62.941 + 119.347 + 22.888) - (158.529 + 0 + 75.375)
=-28.728

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(43.668 + 152.749 + 16.825) - (147.489 + 0 + 84.236)
=-18.483

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:

Shandong Huayang Dr Chemical Industry Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=63.663/1473.998
=4.32 %

* 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.


Shandong Huayang Dr Chemical Industry Co EBIT Related Terms


Shandong Huayang Dr Chemical Industry Co EBIT Historical Data

* Premium members only.

The historical data trend for Shandong Huayang Dr Chemical Industry 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.

Shandong Huayang Dr Chemical Industry Co EBIT Chart

Shandong Huayang Dr Chemical Industry 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 46.63 96.04 87.74 113.70 75.97

Shandong Huayang Dr Chemical Industry Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 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 17.24 24.60 15.81 12.71 10.54

BJSE:920304 vs CTVA, CF, MOS: EBIT Comparison

For the Agricultural Inputs subindustry, Shandong Huayang Dr Chemical Industry 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.


Shandong Huayang Dr Chemical Industry Co EV-to-EBIT vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Shandong Huayang Dr Chemical Industry Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shandong Huayang Dr Chemical Industry Co's EV-to-EBIT falls into.


BJSE:920304
70GF Score
Shandong Huayang Dr Chemical Industry Co Ltd BJSE:920304
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shandong Huayang Dr Chemical Industry 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 ¥63.7 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 ¥63.7 Mil mean?
Shandong Huayang Dr Chemical Industry Co (BJSE:920304) has a EBIT of ¥63.7 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shandong Huayang Dr Chemical Industry Co.
Is Shandong Huayang Dr Chemical Industry Co's EBIT too high?
Shandong Huayang Dr Chemical Industry Co's current EBIT is ¥63.7 Mil. Overall, Shandong Huayang Dr Chemical Industry Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Huayang Dr Chemical Industry Co's EBIT compare to CTVA and CF?
Shandong Huayang Dr Chemical Industry Co's EBIT of ¥63.7 Mil can be compared against companies in the Agriculture 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 an Agriculture company?
A good EBIT depends on the Agriculture 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 Shandong Huayang Dr Chemical Industry Co. Shandong Huayang Dr Chemical Industry Co's current EBIT is ¥63.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Huayang Dr Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Huayang Dr Chemical Industry Co (BJSE:920304) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥11.92, compared to a current price of ¥8.48 — trading 28.9% below its estimated fair value. The current EBIT is ¥63.7 Mil. Shandong Huayang Dr Chemical Industry Co's overall GF Score™ is 70/100 with 6 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 Shandong Huayang Dr Chemical Industry Co (BJSE:920304), the current EBIT is ¥63.7 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.

Is Shandong Huayang Dr Chemical Industry Co (BJSE:920304) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Huayang Dr Chemical Industry Co stock appears to be undervalued. The current stock price of ¥8.48 is trading 28.9% below its estimated GF Value™ of ¥11.92. GuruFocus considers Shandong Huayang Dr Chemical Industry Co to be Modestly Undervalued.

Key valuation signals for BJSE:920304:

  • EBIT: ¥63.7 Mil
  • GF Value™: ¥11.92 vs. price of ¥8.48 (28.9% below fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the BJSE:920304 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Huayang Dr Chemical Industry Co Business Description

Address No. 06, Geshi Road, Economic Development Zone, Ningyang County, Shandong Province, Tai'an City, CHN, 271411
Shandong Huayang Dr Chemical Industry Co Ltd engages in research and development, production, and sales of nitric acid and its downstream potassium nitrate, magnesium nitrate, nitro water-soluble fertilizer, and other products.
70GF Score

Get the complete analysis for BJSE:920304

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

¥8.48
Price
¥11.92
GF Value