Wanhua Chemical Group Co (SHSE:600309) EBIT: ¥20,623 Mil (TTM As of Mar. 2026)


SHSE:600309 Wanhua Chemical Group Co Ltd SHSE:600309
90 GF Score
Price ¥71.79
GF Value ¥94.17
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Wanhua Chemical Group Co EBIT?

Wanhua Chemical Group Co SHSE:600309 -2.47% 90 EBIT is ¥20,623 Mil as of Mar. 2026. GuruFocus rates SHSE:600309 with a GF Score™ of 90/100 and a GF Value™ of ¥94.17 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Wanhua Chemical Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥6,240 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥20,623 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wanhua Chemical Group Co's annualized ROC % for the quarter that ended in Mar. 2026 was 6.21%. Wanhua Chemical Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wanhua Chemical Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.18%.


Wanhua Chemical Group Co  (SHSE:600309) EBIT Explanation

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

Wanhua Chemical Group 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 )
=23177.568 * ( 1 - 17.23% )/( (292392.418 + 325827.259)/ 2 )
=19184.0730336/309109.8385
=6.21 %

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))
=323009.018 - 81498.624 - ( 27662.043 - max(0, 132518.81 - 81636.786+27662.043))
=292392.418

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))
=347671.954 - 63011.923 - ( 49331.51 - max(0, 148862.739 - 107695.511+49331.51))
=325827.259

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

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

Wanhua Chemical Group 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 )
=24959.108/( ( (203764.017 + max(-37851.297, 0)) + (203645.057 + max(-20044.739, 0)) )/ 2 )
=24959.108/( ( 203764.017 + 203645.057 )/ 2 )
=24959.108/203704.537
=12.25 %

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)
=(15872.973 + 26014.205 + 8175.356) - (81498.624 + 0 + 6415.207)
=-37851.297

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15042.628 + 28723.816 + 8715.849) - (63011.923 + 0 + 9515.109)
=-20044.739

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:

Wanhua Chemical Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=20623.333/333441.769
=6.18 %

* 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.


Wanhua Chemical Group Co EBIT Related Terms


Wanhua Chemical Group Co EBIT Historical Data

* Premium members only.

The historical data trend for Wanhua Chemical Group 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.

Wanhua Chemical Group Co EBIT Chart

Wanhua Chemical Group 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 31,185.73 21,587.48 22,846.82 19,741.18 19,203.86

Wanhua Chemical Group 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 4,820.30 4,384.61 4,603.69 5,395.27 6,239.78

SHSE:600309 vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Wanhua Chemical Group 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.


Wanhua Chemical Group Co EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Wanhua Chemical Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wanhua Chemical Group Co's EV-to-EBIT falls into.


SHSE:600309
90GF Score
Wanhua Chemical Group Co Ltd SHSE:600309
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Wanhua Chemical Group 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 ¥20,623 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 ¥20,623 Mil mean?
Wanhua Chemical Group Co (SHSE:600309) has a EBIT of ¥20,623 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Wanhua Chemical Group Co.
Is Wanhua Chemical Group Co's EBIT too high?
Wanhua Chemical Group Co's current EBIT is ¥20,623 Mil. Overall, Wanhua Chemical Group Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wanhua Chemical Group Co's EBIT compare to LIN and SHW?
Wanhua Chemical Group Co's EBIT of ¥20,623 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good EBIT depends on the Chemicals 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 Wanhua Chemical Group Co. Wanhua Chemical Group Co's current EBIT is ¥20,623 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wanhua Chemical Group Co stock overvalued right now?
Based on GuruFocus' analysis, Wanhua Chemical Group Co (SHSE:600309) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥94.17, compared to a current price of ¥71.79 — trading 23.8% below its estimated fair value. The current EBIT is ¥20,623 Mil. Wanhua Chemical Group Co's overall GF Score™ is 90/100 with 7 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 Wanhua Chemical Group Co (SHSE:600309), the current EBIT is ¥20,623 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 Wanhua Chemical Group Co (SHSE:600309) Overvalued in 2026?

Based on GuruFocus' analysis, Wanhua Chemical Group Co stock appears to be undervalued. The current stock price of ¥71.79 is trading 23.8% below its estimated GF Value™ of ¥94.17. GuruFocus considers Wanhua Chemical Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600309:

  • EBIT: ¥20,623 Mil
  • GF Value™: ¥94.17 vs. price of ¥71.79 (23.8% below fair value)
  • GF Score™: 90/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wanhua Chemical Group Co Business Description

Address No. 3, Sanya Road, Economic and Technological Development Zone, Yantai, CHN, 264006
Wanhua Chemical Group Co Ltd is engaged in the development, production, and sales of polyurethane and additives, isocyanate and derivative products; the sales of liquefied petroleum gas, propylene, acrylic acid, and other petrochemical products.
90GF Score

Get the complete analysis for SHSE:600309

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

¥71.79
Price
¥94.17
GF Value