PN (PN Smart Energy) EBIT: $-1.97 Mil (TTM As of Sep. 2025)

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.

PN PN Smart Energy Ltd PN
18 GF Score
Price $3.88
! 2 Warning Signs
View Full Analysis

What is PN Smart Energy EBIT?

PN Smart Energy PN 18 EBIT is $-1.97 Mil as of Sep. 2025. GuruFocus rates PN with a GF Score™ of 18/100. The stock has 2 warning signs investors should review.

PN Smart Energy's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2025 was $-2.62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was $-1.97 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PN Smart Energy's annualized ROC % for the quarter that ended in Sep. 2025 was -21.91%. PN Smart Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -60.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PN Smart Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -3.71%.

PN Smart Energy  (NAS:PN) EBIT Explanation

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

PN Smart Energy's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=-6.106 * ( 1 - 5.31% )/( (26.33 + 26.451)/ 2 )
=-5.7817714/26.3905
=-21.91 %

where

Invested Capital(Q: Mar. 2025 )
=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))
=43.991 - 7.919 - ( 9.742 - max(0, 17.127 - 33.076+9.742))
=26.33

Invested Capital(Q: Sep. 2025 )
=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))
=45.494 - 9.7 - ( 9.343 - max(0, 21.72 - 34.593+9.343))
=26.451

Note: The Operating Income data used here is two times the semi-annual (Sep. 2025) data.

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

PN Smart Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.236/( ( (2.439 + max(9.37, 0)) + (2.472 + max(2.889, 0)) )/ 2 )
=-5.236/( ( 11.809 + 5.361 )/ 2 )
=-5.236/8.585
=-60.99 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.873 + 3.752 + 8.501) - (7.919 + 4.838 + -0.0010000000000012)
=9.37

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.047 + 4.279 + 6.763) - (9.7 + 7.5 + 0)
=2.889

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2025) EBIT data.

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

PN Smart Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=-1.968/52.997
=-3.71 %

* 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.

PN Smart Energy EBIT Related Terms

PN Smart Energy EBIT Historical Data

* Premium members only.

The historical data trend for PN Smart Energy'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.

PN Smart Energy EBIT Chart

PN Smart Energy Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
EBIT
3.11 3.28 2.65 1.48 -1.97

PN Smart Energy Semi-Annual Data
Sep21 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
EBIT Get a 7-Day Free Trial 2.51 0.85 0.63 0.65 -2.62

PN vs SPRU, ASTI, FTCI: EBIT Comparison

For the Solar subindustry, PN Smart Energy'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.

PN Smart Energy EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, PN Smart Energy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where PN Smart Energy's EV-to-EBIT falls into.


PN
18GF Score
PN Smart Energy Ltd PN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PN Smart Energy 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 Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.97 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 $-1.97 Mil mean?
PN Smart Energy (PN) has a EBIT of $-1.97 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PN Smart Energy.
Is PN Smart Energy's EBIT too high?
PN Smart Energy's current EBIT is $-1.97 Mil. Overall, PN Smart Energy has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does PN Smart Energy's EBIT compare to SPRU and ASTI?
PN Smart Energy's EBIT of $-1.97 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good EBIT depends on the Semiconductors 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 PN Smart Energy. PN Smart Energy's current EBIT is $-1.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PN Smart Energy stock overvalued right now?
PN Smart Energy (PN) has a current EBIT of $-1.97 Mil. The current EBIT is $-1.97 Mil. PN Smart Energy's overall GF Score™ is 18/100 with 2 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 PN Smart Energy (PN), the current EBIT is $-1.97 Mil as of Sep. 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.

PN Smart Energy Business Description

Address No.188 Jinghua Road, Room 303, Block B, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315048
PN Smart Energy Ltd is a solar photovoltaic (PV) product provider focused on manufacturing and selling solar cables and connectors. The company operates as an independent power provider (IPP) focused on the development of clean power stations, critical energy materials, and intelligent energy infrastructure. Through its PNTECH brand, the company also manufactures photovoltaic cables and connectors, serving customers across various countries and regions.
18GF Score

Get the complete analysis for PN

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

$3.88
Price