China National Software & Service Co (SHSE:600536) EBIT: ¥296 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:600536 China National Software & Service Co Ltd SHSE:600536
57 GF Score
Price ¥31.65
GF Value ¥40.46
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is China National Software & Service Co EBIT?

China National Software & Service Co SHSE:600536 +0.54% 57 EBIT is ¥296 Mil as of Mar. 2026. GuruFocus rates SHSE:600536 with a GF Score™ of 57/100 and a GF Value™ of ¥40.46 (Modestly Undervalued). The stock has 4 warning signs investors should review.

China National Software & Service Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥-61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥296 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China National Software & Service Co's annualized ROC % for the quarter that ended in Mar. 2026 was -5.35%. China National Software & Service Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -66.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China National Software & Service Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.99%.

China National Software & Service Co  (SHSE:600536) EBIT Explanation

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

China National Software & Service 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 )
=-341.22 * ( 1 - 0% )/( (5918.422 + 6839.755)/ 2 )
=-341.22/6379.0885
=-5.35 %

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))
=11137.389 - 2578.533 - ( 4162.951 - max(0, 4773.753 - 7414.187+4162.951))
=5918.422

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))
=10741.502 - 1568.581 - ( 3397.098 - max(0, 4592.516 - 6925.682+3397.098))
=6839.755

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

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

China National Software & Service 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 )
=-244.528/( ( (374.79 + max(-1227.612, 0)) + (359.309 + max(-409.163, 0)) )/ 2 )
=-244.528/( ( 374.79 + 359.309 )/ 2 )
=-244.528/367.0495
=-66.62 %

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)
=(1207.405 + 1256.187 + 234.862) - (2578.533 + 0 + 1347.533)
=-1227.612

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1214.072 + 1440.811 + 285.754) - (1568.581 + 0 + 1781.219)
=-409.163

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:

China National Software & Service Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=295.596/29946.324
=0.99 %

* 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.

China National Software & Service Co EBIT Related Terms

China National Software & Service Co EBIT Historical Data

* Premium members only.

The historical data trend for China National Software & Service 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.

China National Software & Service Co EBIT Chart

China National Software & Service 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 291.37 321.07 42.41 -243.87 318.98

China National Software & Service 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 -37.75 77.87 13.10 265.75 -61.13

SHSE:600536 vs UBER, SHOP, CRM: EBIT Comparison

For the Software - Application subindustry, China National Software & Service 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.

China National Software & Service Co EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, China National Software & Service Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China National Software & Service Co's EV-to-EBIT falls into.


SHSE:600536
57GF Score
China National Software & Service Co Ltd SHSE:600536
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China National Software & Service 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 ¥296 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 ¥296 Mil mean?
China National Software & Service Co (SHSE:600536) has a EBIT of ¥296 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on China National Software & Service Co.
Is China National Software & Service Co's EBIT too high?
China National Software & Service Co's current EBIT is ¥296 Mil. Overall, China National Software & Service Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China National Software & Service Co's EBIT compare to UBER and SHOP?
China National Software & Service Co's EBIT of ¥296 Mil can be compared against companies in the Software 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 Software company?
A good EBIT depends on the Software 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 China National Software & Service Co. China National Software & Service Co's current EBIT is ¥296 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China National Software & Service Co stock overvalued right now?
Based on GuruFocus' analysis, China National Software & Service Co (SHSE:600536) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥40.46, compared to a current price of ¥31.65 — trading 21.8% below its estimated fair value. The current EBIT is ¥296 Mil. China National Software & Service Co's overall GF Score™ is 57/100 with 4 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 China National Software & Service Co (SHSE:600536), the current EBIT is ¥296 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 China National Software & Service Co (SHSE:600536) Overvalued in 2026?

Based on GuruFocus' analysis, China National Software & Service Co stock appears to be undervalued. The current stock price of ¥31.65 is trading 21.8% below its estimated GF Value™ of ¥40.46. GuruFocus considers China National Software & Service Co to be Modestly Undervalued.

Key valuation signals for SHSE:600536:

  • EBIT: ¥296 Mil
  • GF Value™: ¥40.46 vs. price of ¥31.65 (21.8% below fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China National Software & Service Co Business Description

Address No. 18, Changsheng Road, Changping District, Beijing, CHN, 102200
China National Software & Service Co Ltd is a software company specializing in providing high-quality firmware, enterprise information systems software, and a broad portfolio of other IT and software development services.
57GF Score

Get the complete analysis for SHSE:600536

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

¥31.65
Price
¥40.46
GF Value