Shanghai Prosolar Resources Development Co (SHSE:600193) EBIT: ¥-17.0 Mil (TTM As of Mar. 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.

SHSE:600193 Shanghai Prosolar Resources Development Co Ltd SHSE:600193
23 GF Score
Price ¥0.16
GF Value ¥20.22
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Shanghai Prosolar Resources Development Co EBIT?

Shanghai Prosolar Resources Development Co SHSE:600193 23 EBIT is ¥-17.0 Mil as of Mar. 2026. GuruFocus rates SHSE:600193 with a GF Score™ of 23/100 and a GF Value™ of ¥20.22 (Possible Value Trap). The stock has 9 warning signs investors should review.

Shanghai Prosolar Resources Development Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥5.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-17.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shanghai Prosolar Resources Development Co's annualized ROC % for the quarter that ended in Mar. 2026 was 1.24%. Shanghai Prosolar Resources Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4,898.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shanghai Prosolar Resources Development Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -7.18%.


Shanghai Prosolar Resources Development Co  (SHSE:600193) EBIT Explanation

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

Shanghai Prosolar Resources Development 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 )
=6.988 * ( 1 - 22.07% )/( (429.855 + 449.559)/ 2 )
=5.4457484/439.707
=1.24 %

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))
=649.732 - 347.446 - ( 58.165 - max(0, 586.353 - 458.784+58.165))
=429.855

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

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

Shanghai Prosolar Resources Development 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 )
=22.188/( ( (0.489 + max(-51.635, 0)) + (0.417 + max(-28.406, 0)) )/ 2 )
=22.188/( ( 0.489 + 0.417 )/ 2 )
=22.188/0.453
=4,898.01 %

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)
=(325.152 + 9.377 + 22.664) - (347.446 + 0 + 61.382)
=-51.635

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(305.148 + 6.109 + 26.953) - (284.826 + 0 + 81.79)
=-28.406

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:

Shanghai Prosolar Resources Development Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-17.001/236.844
=-7.18 %

* 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.


Shanghai Prosolar Resources Development Co EBIT Related Terms


Shanghai Prosolar Resources Development Co EBIT Historical Data

* Premium members only.

The historical data trend for Shanghai Prosolar Resources Development 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.

Shanghai Prosolar Resources Development Co EBIT Chart

Shanghai Prosolar Resources Development 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 46.28 9.19 -23.48 -183.85 -26.65

Shanghai Prosolar Resources Development 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 -4.11 -2.79 1.59 -21.35 5.55

SHSE:600193 vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Shanghai Prosolar Resources Development 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.


Shanghai Prosolar Resources Development Co EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Shanghai Prosolar Resources Development Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shanghai Prosolar Resources Development Co's EV-to-EBIT falls into.


SHSE:600193
23GF Score
Shanghai Prosolar Resources Development Co Ltd SHSE:600193
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Prosolar Resources Development 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 ¥-17.0 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 ¥-17.0 Mil mean?
Shanghai Prosolar Resources Development Co (SHSE:600193) has a EBIT of ¥-17.0 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shanghai Prosolar Resources Development Co.
Is Shanghai Prosolar Resources Development Co's EBIT too high?
Shanghai Prosolar Resources Development Co's current EBIT is ¥-17.0 Mil. Overall, Shanghai Prosolar Resources Development Co has a GF Score™ of 23/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Prosolar Resources Development Co's EBIT compare to PWR and FIX?
Shanghai Prosolar Resources Development Co's EBIT of ¥-17.0 Mil can be compared against companies in the Construction 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 Construction company?
A good EBIT depends on the Construction 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 Shanghai Prosolar Resources Development Co. Shanghai Prosolar Resources Development Co's current EBIT is ¥-17.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Prosolar Resources Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Prosolar Resources Development Co (SHSE:600193) is currently considered Possible Value Trap. The stock's GF Value™ is ¥20.22, compared to a current price of ¥0.16 — trading 99.2% below its estimated fair value. The current EBIT is ¥-17.0 Mil. Shanghai Prosolar Resources Development Co's overall GF Score™ is 23/100 with 9 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 Shanghai Prosolar Resources Development Co (SHSE:600193), the current EBIT is ¥-17.0 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 Shanghai Prosolar Resources Development Co (SHSE:600193) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Prosolar Resources Development Co stock appears to be undervalued. The current stock price of ¥0.16 is trading 99.2% below its estimated GF Value™ of ¥20.22. GuruFocus considers Shanghai Prosolar Resources Development Co to be Possible Value Trap.

Key valuation signals for SHSE:600193:

  • EBIT: ¥-17.0 Mil
  • GF Value™: ¥20.22 vs. price of ¥0.16 (99.2% below fair value)
  • GF Score™: 23/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600193 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Prosolar Resources Development Co Business Description

Address 3rd Floor, No. 1388 Kangqiao Road, Pudong New District, Shanghai, CHN, 201315
Shanghai Prosolar Resources Development Co Ltd is engaged in general contracting for construction of theme park venues, high-end hotels and residences, general contracting for interior decoration, BIM modeling consulting services and product sales for engineering projects.
23GF Score

Get the complete analysis for SHSE:600193

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

¥0.16
Price
¥20.22
GF Value