Shanghai Industrial Development Co (SHSE:600748) EBIT: ¥-349 Mil (TTM As of Mar. 2026)

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SHSE:600748 Shanghai Industrial Development Co Ltd SHSE:600748
43 GF Score
Price ¥3.47
GF Value ¥1.71
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Shanghai Industrial Development Co EBIT?

Shanghai Industrial Development Co SHSE:600748 -6.22% 43 EBIT is ¥-349 Mil as of Mar. 2026. GuruFocus rates SHSE:600748 with a GF Score™ of 43/100 and a GF Value™ of ¥1.71 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Shanghai Industrial Development Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥-52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-349 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shanghai Industrial Development Co's annualized ROC % for the quarter that ended in Mar. 2026 was -0.95%. Shanghai Industrial Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -1.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shanghai Industrial Development Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -1.90%.

Shanghai Industrial Development Co  (SHSE:600748) EBIT Explanation

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

Shanghai Industrial Development 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 )
=-223.188 * ( 1 - 0% )/( (23458.622 + 23766.325)/ 2 )
=-223.188/23612.4735
=-0.95 %

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))
=30124.163 - 1925.115 - ( 4740.426 - max(0, 8811.756 - 18755.592+4740.426))
=23458.622

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))
=29517.816 - 1775.763 - ( 3975.728 - max(0, 12057.976 - 18221.359+3975.728))
=23766.325

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

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

Shanghai Industrial Development 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 )
=-209.412/( ( (1937.602 + max(10202.31, 0)) + (1904.812 + max(10592.197, 0)) )/ 2 )
=-209.412/( ( 12139.912 + 12497.009 )/ 2 )
=-209.412/12318.4605
=-1.70 %

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)
=(145.189 + 13215.191 + 547.812) - (1925.115 + 0 + 1780.767)
=10202.31

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(262.905 + 13351.448 + 568.598) - (1775.763 + 0 + 1814.991)
=10592.197

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:

Shanghai Industrial Development Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-349.48/18429.631
=-1.90 %

* 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.

Shanghai Industrial Development Co EBIT Related Terms

Shanghai Industrial Development Co EBIT Historical Data

* Premium members only.

The historical data trend for Shanghai Industrial Development 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.

Shanghai Industrial Development Co EBIT Chart

Shanghai Industrial Development 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 1,187.43 432.49 1,589.99 219.99 -258.75

Shanghai Industrial Development 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 38.37 -593.72 232.48 64.11 -52.35

Shanghai Industrial Development Co EBIT Competitor Comparison

For the Real Estate - Development subindustry, Shanghai Industrial Development 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.

Shanghai Industrial Development Co EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Industrial Development Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shanghai Industrial Development Co's EV-to-EBIT falls into.


SHSE:600748
43GF Score
Shanghai Industrial Development Co Ltd SHSE:600748
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Industrial Development 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 ¥-349 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 ¥-349 Mil mean?
Shanghai Industrial Development Co (SHSE:600748) has a EBIT of ¥-349 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shanghai Industrial Development Co.
Is Shanghai Industrial Development Co's EBIT too high?
Shanghai Industrial Development Co's current EBIT is ¥-349 Mil. Overall, Shanghai Industrial Development Co has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Industrial Development Co's EBIT compare to competitors?
Shanghai Industrial Development Co's EBIT of ¥-349 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good EBIT depends on the Real Estate 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 Shanghai Industrial Development Co. Shanghai Industrial Development Co's current EBIT is ¥-349 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Industrial Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Industrial Development Co (SHSE:600748) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.71, compared to a current price of ¥3.47 — trading 102.9% above its estimated fair value. The current EBIT is ¥-349 Mil. Shanghai Industrial Development Co's overall GF Score™ is 43/100 with 9 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 Shanghai Industrial Development Co (SHSE:600748), the current EBIT is ¥-349 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 Shanghai Industrial Development Co (SHSE:600748) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Industrial Development Co stock appears to be overvalued. The current stock price of ¥3.47 is trading 102.9% above its estimated GF Value™ of ¥1.71. GuruFocus considers Shanghai Industrial Development Co to be Significantly Overvalued.

Key valuation signals for SHSE:600748:

  • EBIT: ¥-349 Mil
  • GF Value™: ¥1.71 vs. price of ¥3.47 (102.9% above fair value)
  • GF Score™: 43/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600748 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shanghai Industrial Development Co Business Description

Address 9820 Huaihai Road F, Queensway Plaza, Shanghai, CHN, 200021
Shanghai Industrial Development Co Ltd is a China based company primarily engaged in real estate development and operation. The company performs engineering contract work. Its real estate projects are mainly distributed in the Chinese cities of Shanghai, Hangzhou, Suzhou, Huzhou, Shaoxing, Quanzhou, Qingdao, Chengdu, Chongqing, Changsha and other cities.
43GF Score

Get the complete analysis for SHSE:600748

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

¥3.47
Price
¥1.71
GF Value