Shanghai Tunnel Engineering Co (SHSE:600820) EBIT: ¥4,179 Mil (TTM As of Mar. 2026)


SHSE:600820 Shanghai Tunnel Engineering Co Ltd SHSE:600820
65 GF Score
Price ¥5.27
GF Value ¥4.65
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Shanghai Tunnel Engineering Co EBIT?

Shanghai Tunnel Engineering Co SHSE:600820 +0.38% 65 EBIT is ¥4,179 Mil as of Mar. 2026. GuruFocus rates SHSE:600820 with a GF Score™ of 65/100 and a GF Value™ of ¥4.65 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Shanghai Tunnel Engineering Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥748 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥4,179 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shanghai Tunnel Engineering Co's annualized ROC % for the quarter that ended in Mar. 2026 was 0.98%. Shanghai Tunnel Engineering Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 54.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shanghai Tunnel Engineering Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.13%.


Shanghai Tunnel Engineering Co  (SHSE:600820) EBIT Explanation

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

Shanghai Tunnel Engineering 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 )
=1558.052 * ( 1 - 27.68% )/( (112166.169 + 117814.465)/ 2 )
=1126.7832064/114990.317
=0.98 %

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))
=181804.245 - 80228.737 - ( 27667.032 - max(0, 117576.012 - 106985.351+27667.032))
=112166.169

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))
=184684.544 - 74217.426 - ( 25877.15 - max(0, 114241.94 - 106894.593+25877.15))
=117814.465

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 Tunnel Engineering 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 )
=2990.96/( ( (5617.403 + max(-71800.945, 0)) + (5383.583 + max(-63690.326, 0)) )/ 2 )
=2990.96/( ( 5617.403 + 5383.583 )/ 2 )
=2990.96/5500.493
=54.38 %

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)
=(22898.929 + 1008.548 + 2965.338) - (80228.737 + 0 + 18445.023)
=-71800.945

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19674.82 + 1306.882 + 6618.693) - (74217.426 + 0 + 17073.295)
=-63690.326

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=4179.091/37535.762
=11.13 %

* 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 Tunnel Engineering Co EBIT Related Terms


Shanghai Tunnel Engineering Co EBIT Historical Data

* Premium members only.

The historical data trend for Shanghai Tunnel Engineering 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 Tunnel Engineering Co EBIT Chart

Shanghai Tunnel Engineering 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 4,700.25 5,402.41 5,764.78 5,459.30 4,245.43

Shanghai Tunnel Engineering 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 814.08 963.75 955.40 1,512.21 747.74

SHSE:600820 vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Shanghai Tunnel Engineering 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 Tunnel Engineering Co EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Shanghai Tunnel Engineering Co's EV-to-EBIT distribution charts can be found below:

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


SHSE:600820
65GF Score
Shanghai Tunnel Engineering Co Ltd SHSE:600820
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Tunnel Engineering 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 ¥4,179 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 ¥4,179 Mil mean?
Shanghai Tunnel Engineering Co (SHSE:600820) has a EBIT of ¥4,179 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shanghai Tunnel Engineering Co.
Is Shanghai Tunnel Engineering Co's EBIT too high?
Shanghai Tunnel Engineering Co's current EBIT is ¥4,179 Mil. Overall, Shanghai Tunnel Engineering Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Tunnel Engineering Co's EBIT compare to PWR and FIX?
Shanghai Tunnel Engineering Co's EBIT of ¥4,179 Mil can be compared against companies in the Construction 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 Construction company?
A good EBIT depends on the Construction 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 Tunnel Engineering Co. Shanghai Tunnel Engineering Co's current EBIT is ¥4,179 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Tunnel Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Tunnel Engineering Co (SHSE:600820) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥4.65, compared to a current price of ¥5.27 — trading 13.3% above its estimated fair value. The current EBIT is ¥4,179 Mil. Shanghai Tunnel Engineering Co's overall GF Score™ is 65/100 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 Shanghai Tunnel Engineering Co (SHSE:600820), the current EBIT is ¥4,179 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 Tunnel Engineering Co (SHSE:600820) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Tunnel Engineering Co stock appears to be overvalued. The current stock price of ¥5.27 is trading 13.3% above its estimated GF Value™ of ¥4.65. GuruFocus considers Shanghai Tunnel Engineering Co to be Modestly Overvalued.

Key valuation signals for SHSE:600820:

  • EBIT: ¥4,179 Mil
  • GF Value™: ¥4.65 vs. price of ¥5.27 (13.3% above fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600820 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Tunnel Engineering Co Business Description

Address 1099 South Wanping Road, Xuhui District, Shanghai, CHN, 200232
Shanghai Tunnel Engineering Co Ltd is a China-based engineering & construction company. It is engaged in the construction of railways, highways, tunnels and bridges, real estate, water service, green material.
65GF Score

Get the complete analysis for SHSE:600820

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

¥5.27
Price
¥4.65
GF Value