Shede Spirits Co (SHSE:600702) EBIT: ¥191 Mil (TTM As of Mar. 2026)


SHSE:600702 Shede Spirits Co Ltd SHSE:600702
78 GF Score
Price ¥35.96
GF Value ¥50.37
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Shede Spirits Co EBIT?

Shede Spirits Co SHSE:600702 +2.42% 78 EBIT is ¥191 Mil as of Mar. 2026. GuruFocus rates SHSE:600702 with a GF Score™ of 78/100 and a GF Value™ of ¥50.37 (Modestly Undervalued). The stock has 10 warning signs investors should review.

Shede Spirits Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥321 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥191 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shede Spirits Co's annualized ROC % for the quarter that ended in Mar. 2026 was 10.62%. Shede Spirits Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shede Spirits Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.41%.


Shede Spirits Co  (SHSE:600702) EBIT Explanation

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

Shede Spirits 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 )
=1264.468 * ( 1 - 25.09% )/( (8655.924 + 9188.12)/ 2 )
=947.2129788/8922.022
=10.62 %

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))
=12615.038 - 2638.948 - ( 1320.166 - max(0, 4373.259 - 7823.765+1320.166))
=8655.924

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))
=13207.019 - 2446.037 - ( 1572.862 - max(0, 4605.766 - 8420.123+1572.862))
=9188.12

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

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

Shede Spirits 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 )
=1285.656/( ( (3737.256 + max(3502.631, 0)) + (3718.18 + max(3835.322, 0)) )/ 2 )
=1285.656/( ( 7239.887 + 7553.502 )/ 2 )
=1285.656/7396.6945
=17.38 %

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)
=(285.566 + 5904.476 + 143.67) - (2638.948 + 0 + 192.133)
=3502.631

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(411.667 + 5978.182 + 68.842000000001) - (2446.037 + 0 + 177.332)
=3835.322

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:

Shede Spirits Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=191.132/13540.030
=1.41 %

* 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.


Shede Spirits Co EBIT Related Terms


Shede Spirits Co EBIT Historical Data

* Premium members only.

The historical data trend for Shede Spirits 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.

Shede Spirits Co EBIT Chart

Shede Spirits 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 1,687.49 2,248.95 2,331.96 519.95 334.51

Shede Spirits 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 464.80 102.77 47.76 -280.81 321.41

SHSE:600702 vs BF.B: EBIT Comparison

For the Beverages - Wineries & Distilleries subindustry, Shede Spirits 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.


Shede Spirits Co EV-to-EBIT vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shede Spirits Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shede Spirits Co's EV-to-EBIT falls into.


SHSE:600702
78GF Score
Shede Spirits Co Ltd SHSE:600702
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Shede Spirits 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 ¥191 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 ¥191 Mil mean?
Shede Spirits Co (SHSE:600702) has a EBIT of ¥191 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shede Spirits Co.
Is Shede Spirits Co's EBIT too high?
Shede Spirits Co's current EBIT is ¥191 Mil. Overall, Shede Spirits Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shede Spirits Co's EBIT compare to BF.B?
Shede Spirits Co's EBIT of ¥191 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good EBIT depends on the Beverages - Alcoholic 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 Shede Spirits Co. Shede Spirits Co's current EBIT is ¥191 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shede Spirits Co stock overvalued right now?
Based on GuruFocus' analysis, Shede Spirits Co (SHSE:600702) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥50.37, compared to a current price of ¥35.96 — trading 28.6% below its estimated fair value. The current EBIT is ¥191 Mil. Shede Spirits Co's overall GF Score™ is 78/100 with 10 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 Shede Spirits Co (SHSE:600702), the current EBIT is ¥191 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 Shede Spirits Co (SHSE:600702) Overvalued in 2026?

Based on GuruFocus' analysis, Shede Spirits Co stock appears to be undervalued. The current stock price of ¥35.96 is trading 28.6% below its estimated GF Value™ of ¥50.37. GuruFocus considers Shede Spirits Co to be Modestly Undervalued.

Key valuation signals for SHSE:600702:

  • EBIT: ¥191 Mil
  • GF Value™: ¥50.37 vs. price of ¥35.96 (28.6% below fair value)
  • GF Score™: 78/100 with 10 warning signs

No single metric tells the full story. See the SHSE:600702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shede Spirits Co Business Description

Address No. 999, Tuopai Avenue, Tuopai Town, Sichuan Province, Shehong, CHN, 629209
Shede Spirits Co Ltd manufactures liquor products. The company produces high-end liquor, low-end liquor, mid-end liquor, and other products. Shede Spirits markets its products throughout China.
78GF Score

Get the complete analysis for SHSE:600702

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

¥35.96
Price
¥50.37
GF Value