Shan Xi Hua Yang Group New Energy Co (SHSE:600348) EBIT: ¥3,553 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:600348 Shan Xi Hua Yang Group New Energy Co Ltd SHSE:600348
73 GF Score
Price ¥8.47
GF Value ¥6.29
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Shan Xi Hua Yang Group New Energy Co EBIT?

Shan Xi Hua Yang Group New Energy Co SHSE:600348 +0.59% 73 EBIT is ¥3,553 Mil as of Mar. 2026. GuruFocus rates SHSE:600348 with a GF Score™ of 73/100 and a GF Value™ of ¥6.29 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Shan Xi Hua Yang Group New Energy Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥1,013 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥3,553 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shan Xi Hua Yang Group New Energy Co's annualized ROC % for the quarter that ended in Mar. 2026 was 3.44%. Shan Xi Hua Yang Group New Energy Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shan Xi Hua Yang Group New Energy Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.46%.

Shan Xi Hua Yang Group New Energy Co  (SHSE:600348) EBIT Explanation

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

Shan Xi Hua Yang Group New Energy 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 )
=3819.74 * ( 1 - 28.45% )/( (78701.58 + 80076.009)/ 2 )
=2733.02397/79388.7945
=3.44 %

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))
=87404.875 - 16039.761 - ( 11882.237 - max(0, 22733.602 - 15397.136+11882.237))
=78701.58

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))
=85633.658 - 12877.333 - ( 9860.214 - max(0, 20561.093 - 13241.409+9860.214))
=80076.009

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

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

Shan Xi Hua Yang Group New Energy 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 )
=4050.772/( ( (61615.078 + max(-14942.807, 0)) + (50269.351 + max(-11802.833, 0)) )/ 2 )
=4050.772/( ( 61615.078 + 50269.351 )/ 2 )
=4050.772/55942.2145
=7.24 %

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)
=(1843.725 + 750.742 + 486.121) - (16039.761 + 0 + 1983.634)
=-14942.807

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1643.268 + 764.087 + 517.208) - (12877.333 + 0 + 1850.063)
=-11802.833

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:

Shan Xi Hua Yang Group New Energy Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=3553.17/54989.481
=6.46 %

* 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.

Shan Xi Hua Yang Group New Energy Co EBIT Related Terms

Shan Xi Hua Yang Group New Energy Co EBIT Historical Data

* Premium members only.

The historical data trend for Shan Xi Hua Yang Group New Energy 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.

Shan Xi Hua Yang Group New Energy Co EBIT Chart

Shan Xi Hua Yang Group New Energy 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 6,966.80 11,490.98 8,472.48 4,242.43 3,644.15

Shan Xi Hua Yang Group New Energy 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 1,103.67 474.50 855.69 1,210.29 1,012.69

Shan Xi Hua Yang Group New Energy Co EBIT Competitor Comparison

For the Thermal Coal subindustry, Shan Xi Hua Yang Group New Energy 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.

Shan Xi Hua Yang Group New Energy Co EV-to-EBIT vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Shan Xi Hua Yang Group New Energy Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shan Xi Hua Yang Group New Energy Co's EV-to-EBIT falls into.


SHSE:600348
73GF Score
Shan Xi Hua Yang Group New Energy Co Ltd SHSE:600348
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shan Xi Hua Yang Group New Energy 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 ¥3,553 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 ¥3,553 Mil mean?
Shan Xi Hua Yang Group New Energy Co (SHSE:600348) has a EBIT of ¥3,553 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shan Xi Hua Yang Group New Energy Co.
Is Shan Xi Hua Yang Group New Energy Co's EBIT too high?
Shan Xi Hua Yang Group New Energy Co's current EBIT is ¥3,553 Mil. Overall, Shan Xi Hua Yang Group New Energy Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shan Xi Hua Yang Group New Energy Co's EBIT compare to competitors?
Shan Xi Hua Yang Group New Energy Co's EBIT of ¥3,553 Mil can be compared against companies in the Other Energy Sources 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 an Other Energy Sources company?
A good EBIT depends on the Other Energy Sources 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 Shan Xi Hua Yang Group New Energy Co. Shan Xi Hua Yang Group New Energy Co's current EBIT is ¥3,553 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shan Xi Hua Yang Group New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Shan Xi Hua Yang Group New Energy Co (SHSE:600348) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.29, compared to a current price of ¥8.47 — trading 34.7% above its estimated fair value. The current EBIT is ¥3,553 Mil. Shan Xi Hua Yang Group New Energy Co's overall GF Score™ is 73/100 with 6 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 Shan Xi Hua Yang Group New Energy Co (SHSE:600348), the current EBIT is ¥3,553 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 Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Overvalued in 2026?

Based on GuruFocus' analysis, Shan Xi Hua Yang Group New Energy Co stock appears to be overvalued. The current stock price of ¥8.47 is trading 34.7% above its estimated GF Value™ of ¥6.29. GuruFocus considers Shan Xi Hua Yang Group New Energy Co to be Significantly Overvalued.

Key valuation signals for SHSE:600348:

  • EBIT: ¥3,553 Mil
  • GF Value™: ¥6.29 vs. price of ¥8.47 (34.7% above fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shan Xi Hua Yang Group New Energy Co Business Description

Address No. 2, Taobei West Street, Kuang-qu, Shanxi Province, Yangquan, CHN, 045008
Shan Xi Hua Yang Group New Energy Co Ltd is mainly engaged in coal mining, processing, and distribution, as well as power generation and heat supply. The company mainly produces smokeless coal, which is widely applied across various sectors including power generation, fertilizer manufacturing, metallurgy, machinery, and construction materials. Its power supply business serves both industrial operations and household consumption, while its heating services support industrial processes and urban residential heating needs.
73GF Score

Get the complete analysis for SHSE:600348

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

¥8.47
Price
¥6.29
GF Value