Yutong Bus Co (SHSE:600066) EBIT: ¥5,621 Mil (TTM As of Mar. 2026)


SHSE:600066 Yutong Bus Co Ltd SHSE:600066
95 GF Score
Price ¥26.80
GF Value ¥30.65
Valuation Modestly Undervalued
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What is Yutong Bus Co EBIT?

Yutong Bus Co SHSE:600066 +0.87% 95 EBIT is ¥5,621 Mil as of Mar. 2026. GuruFocus rates SHSE:600066 with a GF Score™ of 95/100 and a GF Value™ of ¥30.65 (Modestly Undervalued).

Yutong Bus Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥716 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥5,621 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yutong Bus Co's annualized ROC % for the quarter that ended in Mar. 2026 was 17.43%. Yutong Bus Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 75.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Yutong Bus Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.07%.


Yutong Bus Co  (SHSE:600066) EBIT Explanation

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

Yutong Bus 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 )
=2625.304 * ( 1 - 6.78% )/( (13928.2 + 14158.144)/ 2 )
=2447.3083888/14043.172
=17.43 %

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))
=32990.246 - 9628.653 - ( 9489.465 - max(0, 11688.482 - 21121.875+9489.465))
=13928.2

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))
=33849.053 - 9304.569 - ( 12675.504 - max(0, 11744.725 - 22131.065+12675.504))
=14158.144

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

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

Yutong Bus 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 )
=2864.264/( ( (3840.343 + max(-1000.871, 0)) + (3778.665 + max(-3047.659, 0)) )/ 2 )
=2864.264/( ( 3840.343 + 3778.665 )/ 2 )
=2864.264/3809.504
=75.19 %

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)
=(5379.963 + 3541.617 + 1723.093) - (9628.653 + 0 + 2016.891)
=-1000.871

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2308.749 + 4470.3 + 1876.313) - (9304.569 + 0 + 2398.452)
=-3047.659

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:

Yutong Bus Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=5621.345/46567.731
=12.07 %

* 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.


Yutong Bus Co EBIT Related Terms


Yutong Bus Co EBIT Historical Data

* Premium members only.

The historical data trend for Yutong Bus 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.

Yutong Bus Co EBIT Chart

Yutong Bus 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 546.47 707.99 2,079.88 4,723.99 5,772.85

Yutong Bus 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 867.57 1,366.22 1,621.54 1,917.52 716.07

SHSE:600066 vs CAT, DE, PCAR: EBIT Comparison

For the Farm & Heavy Construction Machinery subindustry, Yutong Bus 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.


Yutong Bus Co EV-to-EBIT vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Yutong Bus Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Yutong Bus Co's EV-to-EBIT falls into.


SHSE:600066
95GF Score
Yutong Bus Co Ltd SHSE:600066
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Yutong Bus 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 ¥5,621 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 ¥5,621 Mil mean?
Yutong Bus Co (SHSE:600066) has a EBIT of ¥5,621 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Yutong Bus Co.
Is Yutong Bus Co's EBIT too high?
Yutong Bus Co's current EBIT is ¥5,621 Mil. Overall, Yutong Bus Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yutong Bus Co's EBIT compare to CAT and DE?
Yutong Bus Co's EBIT of ¥5,621 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good EBIT depends on the Farm & Heavy Construction Machinery 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 Yutong Bus Co. Yutong Bus Co's current EBIT is ¥5,621 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yutong Bus Co stock overvalued right now?
Based on GuruFocus' analysis, Yutong Bus Co (SHSE:600066) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥30.65, compared to a current price of ¥26.80 — trading 12.6% below its estimated fair value. The current EBIT is ¥5,621 Mil. Yutong Bus Co's overall GF Score™ is 95/100. 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 Yutong Bus Co (SHSE:600066), the current EBIT is ¥5,621 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 Yutong Bus Co (SHSE:600066) Overvalued in 2026?

Based on GuruFocus' analysis, Yutong Bus Co stock appears to be undervalued. The current stock price of ¥26.80 is trading 12.6% below its estimated GF Value™ of ¥30.65. GuruFocus considers Yutong Bus Co to be Modestly Undervalued.

Key valuation signals for SHSE:600066:

  • EBIT: ¥5,621 Mil
  • GF Value™: ¥30.65 vs. price of ¥26.80 (12.6% below fair value)
  • GF Score™: 95/100

No single metric tells the full story. See the SHSE:600066 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yutong Bus Co Business Description

Address No. 6, Yutong Road, Guancheng Hui District, Henan Province, Zhengzhou, CHN, 450061
Yutong Bus Co Ltd engages in the manufacture and sale of buses and related products. The company operates its business through four main segments. The Bus Manufacturing segment focuses on producing and selling large, medium, and light buses, which include passenger buses, city buses, school buses, and various types of new energy vehicles such as pure electric, plug-in hybrid, and fuel cell models. The Foreign Trade segment handles both domestic and international sales and distribution of buses and new energy vehicles. The Passenger Transportation segment covers services such as group rentals, short-distance and highway travel, tourism transport, bus operations, employee commuting, and school transportation. The Other segment is responsible for providing after-sales support and services.
95GF Score

Get the complete analysis for SHSE:600066

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

¥26.80
Price
¥30.65
GF Value