Baoshan Iron & Steel Co (SHSE:600019) EBIT: ¥14,094 Mil (TTM As of Mar. 2026)

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SHSE:600019 Baoshan Iron & Steel Co Ltd SHSE:600019
68 GF Score
Price ¥5.91
GF Value ¥6.51
Valuation Fairly Valued
! 5 Warning Signs
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What is Baoshan Iron & Steel Co EBIT?

Baoshan Iron & Steel Co SHSE:600019 -1.01% 68 EBIT is ¥14,094 Mil as of Mar. 2026. GuruFocus rates SHSE:600019 with a GF Score™ of 68/100 and a GF Value™ of ¥6.51 (Fairly Valued). The stock has 5 warning signs investors should review.

Baoshan Iron & Steel Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥3,309 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥14,094 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Baoshan Iron & Steel Co's annualized ROC % for the quarter that ended in Mar. 2026 was 3.32%. Baoshan Iron & Steel Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Baoshan Iron & Steel Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.42%.


Baoshan Iron & Steel Co  (SHSE:600019) EBIT Explanation

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

Baoshan Iron & Steel Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=12354.168 * ( 1 - 17.04% )/( (305445.163 + 311382.183)/ 2 )
=10249.0177728/308413.673
=3.32 %

where

Invested Capital(Q: Dec. 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))
=363020.038 - 58823.171 - ( 19169.112 - max(0, 119638.588 - 118390.292+19169.112))
=305445.163

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))
=366162.659 - 58986.092 - ( 21775.133 - max(0, 126057.095 - 121851.479+21775.133))
=311382.183

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

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

Baoshan Iron & Steel Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=13234.448/( ( (165965.506 + max(-13534.402, 0)) + (165934.657 + max(-12999.991, 0)) )/ 2 )
=13234.448/( ( 165965.506 + 165934.657 )/ 2 )
=13234.448/165950.0815
=7.97 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13804.409 + 37211.846 + 27933.407) - (58823.171 + 0 + 33660.893)
=-13534.402

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14465.776 + 40868.777 + 26079.007) - (58986.092 + 0 + 35427.459)
=-12999.991

When net working capital is negative, 0 is used.

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

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

Baoshan Iron & Steel Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=14093.705/167374.416
=8.42 %

* 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.


Baoshan Iron & Steel Co EBIT Related Terms


Baoshan Iron & Steel Co EBIT Historical Data

* Premium members only.

The historical data trend for Baoshan Iron & Steel 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.

Baoshan Iron & Steel Co EBIT Chart

Baoshan Iron & Steel 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 32,610.98 16,645.91 16,541.37 10,855.67 14,405.01

Baoshan Iron & Steel Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3,619.92 3,621.88 4,355.50 2,807.71 3,308.61

SHSE:600019 vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Baoshan Iron & Steel 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.


Baoshan Iron & Steel Co EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Baoshan Iron & Steel Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Baoshan Iron & Steel Co's EV-to-EBIT falls into.


SHSE:600019
68GF Score
Baoshan Iron & Steel Co Ltd SHSE:600019
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Baoshan Iron & Steel 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥14,094 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 ¥14,094 Mil mean?
Baoshan Iron & Steel Co (SHSE:600019) has a EBIT of ¥14,094 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Baoshan Iron & Steel Co.
Is Baoshan Iron & Steel Co's EBIT too high?
Baoshan Iron & Steel Co's current EBIT is ¥14,094 Mil. Overall, Baoshan Iron & Steel Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Baoshan Iron & Steel Co's EBIT compare to NUE and STLD?
Baoshan Iron & Steel Co's EBIT of ¥14,094 Mil can be compared against companies in the Steel 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 Steel company?
A good EBIT depends on the Steel 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 Baoshan Iron & Steel Co. Baoshan Iron & Steel Co's current EBIT is ¥14,094 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baoshan Iron & Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Baoshan Iron & Steel Co (SHSE:600019) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.51, compared to a current price of ¥5.91 — trading 9.2% below its estimated fair value. The current EBIT is ¥14,094 Mil. Baoshan Iron & Steel Co's overall GF Score™ is 68/100 with 5 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 Baoshan Iron & Steel Co (SHSE:600019), the current EBIT is ¥14,094 Mil as of Mar. 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 Baoshan Iron & Steel Co (SHSE:600019) Overvalued in 2026?

Based on GuruFocus' analysis, Baoshan Iron & Steel Co stock appears to be undervalued. The current stock price of ¥5.91 is trading 9.2% below its estimated GF Value™ of ¥6.51. GuruFocus considers Baoshan Iron & Steel Co to be Fairly Valued.

Key valuation signals for SHSE:600019:

  • EBIT: ¥14,094 Mil
  • GF Value™: ¥6.51 vs. price of ¥5.91 (9.2% below fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600019 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baoshan Iron & Steel Co Business Description

Address No. 885, Fujin Road, Baosteel Command Center, Baoshan District, Shanghai, CHN, 201999
Baoshan Iron & Steel Co Ltd manufactures and markets iron and steel products. The company operates through three segments. The Steel Manufacturing segment consists of multiple units involved in the production of various steel products. The Processing and Distribution segment comprises trading entities, including Baosteel International and its overseas affiliates. The Others segment includes operations related to information technology, the carbon industry, and other ancillary businesses. The company's core product offerings include cold-rolled and hot-rolled carbon steel coils, steel pipes, long products, thick plates, and other steel-related items.
68GF Score

Get the complete analysis for SHSE:600019

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

¥5.91
Price
¥6.51
GF Value