Shandong Hualu-hengsheng Chemical Co (SHSE:600426) EBIT: ¥5,013 Mil (TTM As of Mar. 2026)


SHSE:600426 Shandong Hualu-hengsheng Chemical Co Ltd SHSE:600426
96 GF Score
Price ¥24.85
GF Value ¥30.31
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Shandong Hualu-hengsheng Chemical Co EBIT?

Shandong Hualu-hengsheng Chemical Co SHSE:600426 -0.96% 96 EBIT is ¥5,013 Mil as of Mar. 2026. GuruFocus rates SHSE:600426 with a GF Score™ of 96/100 and a GF Value™ of ¥30.31 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Shandong Hualu-hengsheng Chemical Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥1,478 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥5,013 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shandong Hualu-hengsheng Chemical Co's annualized ROC % for the quarter that ended in Mar. 2026 was 11.03%. Shandong Hualu-hengsheng Chemical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shandong Hualu-hengsheng Chemical Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.85%.

Shandong Hualu-hengsheng Chemical Co  (SHSE:600426) EBIT Explanation

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

Shandong Hualu-hengsheng Chemical 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 )
=5921.848 * ( 1 - 14.84% )/( (44947.838 + 46469.416)/ 2 )
=5043.0457568/45708.627
=11.03 %

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))
=49177.377 - 2144.214 - ( 2085.325 - max(0, 5765.375 - 8885.02+2085.325))
=44947.838

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))
=51542.87 - 2068.197 - ( 3005.257 - max(0, 6199.764 - 11065.153+3005.257))
=46469.416

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 Hualu-hengsheng Chemical 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 )
=5911.648/( ( (35511.048 + max(1852.105, 0)) + (35532.387 + max(1721.123, 0)) )/ 2 )
=5911.648/( ( 37363.153 + 37253.51 )/ 2 )
=5911.648/37308.3315
=15.85 %

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)
=(30.783 + 1493.041 + 3320.363) - (2144.214 + 0 + 847.868)
=1852.105

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(71.836 + 1662.087 + 2968.58) - (2068.197 + 0 + 913.183)
=1721.123

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 Hualu-hengsheng Chemical Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=5012.619/63840.257
=7.85 %

* 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 Hualu-hengsheng Chemical Co EBIT Related Terms

Shandong Hualu-hengsheng Chemical Co EBIT Historical Data

* Premium members only.

The historical data trend for Shandong Hualu-hengsheng Chemical 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 Hualu-hengsheng Chemical Co EBIT Chart

Shandong Hualu-hengsheng Chemical 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 8,652.93 7,501.67 4,378.54 5,273.37 4,538.88

Shandong Hualu-hengsheng Chemical 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 1,004.18 1,239.33 1,156.89 1,138.49 1,477.91

SHSE:600426 vs DOW: EBIT Comparison

For the Chemicals subindustry, Shandong Hualu-hengsheng Chemical 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 Hualu-hengsheng Chemical Co EV-to-EBIT vs Chemicals Industry

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

* The bar in red indicates where Shandong Hualu-hengsheng Chemical Co's EV-to-EBIT falls into.


SHSE:600426
96GF Score
Shandong Hualu-hengsheng Chemical Co Ltd SHSE:600426
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Hualu-hengsheng Chemical 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 ¥5,013 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 ¥5,013 Mil mean?
Shandong Hualu-hengsheng Chemical Co (SHSE:600426) has a EBIT of ¥5,013 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shandong Hualu-hengsheng Chemical Co.
Is Shandong Hualu-hengsheng Chemical Co's EBIT too high?
Shandong Hualu-hengsheng Chemical Co's current EBIT is ¥5,013 Mil. Overall, Shandong Hualu-hengsheng Chemical Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Hualu-hengsheng Chemical Co's EBIT compare to DOW?
Shandong Hualu-hengsheng Chemical Co's EBIT of ¥5,013 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 Shandong Hualu-hengsheng Chemical Co. Shandong Hualu-hengsheng Chemical Co's current EBIT is ¥5,013 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Hualu-hengsheng Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Hualu-hengsheng Chemical Co (SHSE:600426) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥30.31, compared to a current price of ¥24.85 — trading 18% below its estimated fair value. The current EBIT is ¥5,013 Mil. Shandong Hualu-hengsheng Chemical Co's overall GF Score™ is 96/100 with 5 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 Hualu-hengsheng Chemical Co (SHSE:600426), the current EBIT is ¥5,013 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 Hualu-hengsheng Chemical Co (SHSE:600426) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Hualu-hengsheng Chemical Co stock appears to be undervalued. The current stock price of ¥24.85 is trading 18% below its estimated GF Value™ of ¥30.31. GuruFocus considers Shandong Hualu-hengsheng Chemical Co to be Modestly Undervalued.

Key valuation signals for SHSE:600426:

  • EBIT: ¥5,013 Mil
  • GF Value™: ¥30.31 vs. price of ¥24.85 (18% below fair value)
  • GF Score™: 96/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shandong Hualu-hengsheng Chemical Co Business Description

Address No. 24, Tianqu West Road, Shandong Province, Dezhou, CHN, 253024
Shandong Hualu-Hengsheng Chemical Co Ltd is engaged in the production and sale of chemical products and chemical fertilizers, as well as power generation and heating businesses. The company's main products include new energy and new materials related products such as caprolactam, adipic acid, and others, chemical fertilizers such as urea and others, organic amines such as dimethylformamide (DMF), monomethylamine, and others, and acetic acid and derivatives products such as acetic acid, acetic anhydride, and others.
96GF Score

Get the complete analysis for SHSE:600426

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

¥24.85
Price
¥30.31
GF Value