Ningbo Fubang High Tech Materials Co (SHSE:600768) EBIT: ¥196 Mil (TTM As of Jun. 2026)

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SHSE:600768 Ningbo Fubang High Tech Materials Co Ltd SHSE:600768
73 GF Score
Price ¥15.01
GF Value ¥21.18
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Ningbo Fubang High Tech Materials Co EBIT?

Ningbo Fubang High Tech Materials Co SHSE:600768 -0.66% 73 EBIT is ¥196 Mil as of Jun. 2026. GuruFocus rates SHSE:600768 with a GF Score™ of 73/100 and a GF Value™ of ¥21.18 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Ningbo Fubang High Tech Materials Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was ¥57 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was ¥196 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ningbo Fubang High Tech Materials Co's annualized ROC % for the quarter that ended in Jun. 2026 was 27.56%. Ningbo Fubang High Tech Materials Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 41.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ningbo Fubang High Tech Materials Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 8.51%.

Ningbo Fubang High Tech Materials Co  (SHSE:600768) EBIT Explanation

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

Ningbo Fubang High Tech Materials Co's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=257.908 * ( 1 - 2.54% )/( (921.082 + 902.707)/ 2 )
=251.3571368/911.8945
=27.56 %

where

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))
=1268.823 - 185.117 - ( 162.624 - max(0, 605.711 - 1209.278+162.624))
=921.082

Invested Capital(Q: Jun. 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))
=1275.962 - 232.121 - ( 141.134 - max(0, 581.335 - 1216.219+141.134))
=902.707

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

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

Ningbo Fubang High Tech Materials Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=226.424/( ( (43.183 + max(521.447, 0)) + (42.713 + max(487.661, 0)) )/ 2 )
=226.424/( ( 564.63 + 530.374 )/ 2 )
=226.424/547.502
=41.36 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(255.035 + 353.297 + 153.989) - (185.117 + 0 + 55.757)
=521.447

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(293.809 + 351.707 + 124.426) - (232.121 + 0 + 50.16)
=487.661

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Ningbo Fubang High Tech Materials Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=196.173/2304.992
=8.51 %

* 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.

Ningbo Fubang High Tech Materials Co EBIT Related Terms

Ningbo Fubang High Tech Materials Co EBIT Historical Data

* Premium members only.

The historical data trend for Ningbo Fubang High Tech Materials 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.

Ningbo Fubang High Tech Materials Co EBIT Chart

Ningbo Fubang High Tech Materials 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 8.34 229.72 43.28 40.39 100.91

Ningbo Fubang High Tech Materials Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 16.51 17.58 51.33 70.66 56.61

SHSE:600768 vs AA: EBIT Comparison

For the Aluminum subindustry, Ningbo Fubang High Tech Materials 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.

Ningbo Fubang High Tech Materials Co EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ningbo Fubang High Tech Materials Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ningbo Fubang High Tech Materials Co's EV-to-EBIT falls into.


SHSE:600768
73GF Score
Ningbo Fubang High Tech Materials Co Ltd SHSE:600768
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Fubang High Tech Materials 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥196 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 ¥196 Mil mean?
Ningbo Fubang High Tech Materials Co (SHSE:600768) has a EBIT of ¥196 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ningbo Fubang High Tech Materials Co.
Is Ningbo Fubang High Tech Materials Co's EBIT too high?
Ningbo Fubang High Tech Materials Co's current EBIT is ¥196 Mil. Overall, Ningbo Fubang High Tech Materials Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Fubang High Tech Materials Co's EBIT compare to AA?
Ningbo Fubang High Tech Materials Co's EBIT of ¥196 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good EBIT depends on the Metals & Mining 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 Ningbo Fubang High Tech Materials Co. Ningbo Fubang High Tech Materials Co's current EBIT is ¥196 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Fubang High Tech Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Fubang High Tech Materials Co (SHSE:600768) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥21.18, compared to a current price of ¥15.01 — trading 29.1% below its estimated fair value. The current EBIT is ¥196 Mil. Ningbo Fubang High Tech Materials Co's overall GF Score™ is 73/100 with 3 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 Ningbo Fubang High Tech Materials Co (SHSE:600768), the current EBIT is ¥196 Mil as of Jun. 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 Ningbo Fubang High Tech Materials Co (SHSE:600768) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Fubang High Tech Materials Co stock appears to be undervalued. The current stock price of ¥15.01 is trading 29.1% below its estimated GF Value™ of ¥21.18. GuruFocus considers Ningbo Fubang High Tech Materials Co to be Modestly Undervalued.

Key valuation signals for SHSE:600768:

  • EBIT: ¥196 Mil
  • GF Value™: ¥21.18 vs. price of ¥15.01 (29.1% below fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600768 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ningbo Fubang High Tech Materials Co Business Description

Address No. 188, Ningdong Road, 22th Floor, Building D, Fubon Center, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315192
Ningbo Fubang Jingye Group Co Ltd engages in the regional deep processing of industrial and civil aluminum profiles, and also engages in the trade of aluminum cast bars.
73GF Score

Get the complete analysis for SHSE:600768

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

¥15.01
Price
¥21.18
GF Value