Shandong Hi-Speed Co (SHSE:600350) EBIT: ¥7,445 Mil (TTM As of Mar. 2026)

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SHSE:600350 Shandong Hi-Speed Co Ltd SHSE:600350
77 GF Score
Price ¥11.27
GF Value ¥8.38
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Shandong Hi-Speed Co EBIT?

Shandong Hi-Speed Co SHSE:600350 -1.57% 77 EBIT is ¥7,445 Mil as of Mar. 2026. GuruFocus rates SHSE:600350 with a GF Score™ of 77/100 and a GF Value™ of ¥8.38 (Significantly Overvalued). The stock has 12 warning signs investors should review.

Shandong Hi-Speed Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥1,844 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥7,445 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shandong Hi-Speed Co's annualized ROC % for the quarter that ended in Mar. 2026 was 2.91%. Shandong Hi-Speed Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 49.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shandong Hi-Speed Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.45%.


Shandong Hi-Speed Co  (SHSE:600350) EBIT Explanation

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

Shandong Hi-Speed 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 )
=5903.404 * ( 1 - 23.96% )/( (153600.228 + 154491.646)/ 2 )
=4488.9484016/154045.937
=2.91 %

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))
=163166.898 - 23624.509 - ( 4020.501 - max(0, 40576.938 - 26519.099+4020.501))
=153600.228

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))
=164432.255 - 22142.819 - ( 4451.536 - max(0, 38771.289 - 26569.079+4451.536))
=154491.646

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

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

Shandong Hi-Speed 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 )
=7377.632/( ( (14940 + max(-15539.156, 0)) + (14698.727 + max(-13575.404, 0)) )/ 2 )
=7377.632/( ( 14940 + 14698.727 )/ 2 )
=7377.632/14819.3635
=49.78 %

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)
=(3054.728 + 882.057 + 8251.223) - (23624.509 + 0 + 4102.655)
=-15539.156

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3461.902 + 1197.894 + 7658.673) - (22142.819 + 0 + 3751.054)
=-13575.404

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:

Shandong Hi-Speed Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=7445.14/136685.678
=5.45 %

* 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.


Shandong Hi-Speed Co EBIT Related Terms


Shandong Hi-Speed Co EBIT Historical Data

* Premium members only.

The historical data trend for Shandong Hi-Speed 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.

Shandong Hi-Speed Co EBIT Chart

Shandong Hi-Speed 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 7,207.56 7,543.96 7,760.68 7,520.93 7,461.79

Shandong Hi-Speed 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 1,861.06 1,985.86 2,025.98 1,588.89 1,844.41

Shandong Hi-Speed Co EBIT Competitor Comparison

For the Infrastructure Operations subindustry, Shandong Hi-Speed 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.


Shandong Hi-Speed Co EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Shandong Hi-Speed Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shandong Hi-Speed Co's EV-to-EBIT falls into.


SHSE:600350
77GF Score
Shandong Hi-Speed Co Ltd SHSE:600350
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shandong Hi-Speed 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 ¥7,445 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 ¥7,445 Mil mean?
Shandong Hi-Speed Co (SHSE:600350) has a EBIT of ¥7,445 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shandong Hi-Speed Co.
Is Shandong Hi-Speed Co's EBIT too high?
Shandong Hi-Speed Co's current EBIT is ¥7,445 Mil. Overall, Shandong Hi-Speed Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Hi-Speed Co's EBIT compare to competitors?
Shandong Hi-Speed Co's EBIT of ¥7,445 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 Shandong Hi-Speed Co. Shandong Hi-Speed Co's current EBIT is ¥7,445 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Hi-Speed Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Hi-Speed Co (SHSE:600350) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.38, compared to a current price of ¥11.27 — trading 34.5% above its estimated fair value. The current EBIT is ¥7,445 Mil. Shandong Hi-Speed Co's overall GF Score™ is 77/100 with 12 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 Shandong Hi-Speed Co (SHSE:600350), the current EBIT is ¥7,445 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 Shandong Hi-Speed Co (SHSE:600350) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Hi-Speed Co stock appears to be overvalued. The current stock price of ¥11.27 is trading 34.5% above its estimated GF Value™ of ¥8.38. GuruFocus considers Shandong Hi-Speed Co to be Significantly Overvalued.

Key valuation signals for SHSE:600350:

  • EBIT: ¥7,445 Mil
  • GF Value™: ¥8.38 vs. price of ¥11.27 (34.5% above fair value)
  • GF Score™: 77/100 with 12 warning signs

No single metric tells the full story. See the SHSE:600350 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Hi-Speed Co Business Description

Address No. 5006, Aoti Middle Road, Shandong, Jinan, CHN, 250101
Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.
77GF Score

Get the complete analysis for SHSE:600350

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

¥11.27
Price
¥8.38
GF Value