Beijing Jingcheng Machinery Electric Co (SHSE:600860) EBIT: ¥-101 Mil (TTM As of Mar. 2026)

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SHSE:600860 Beijing Jingcheng Machinery Electric Co Ltd SHSE:600860
45 GF Score
Price ¥7.73
GF Value ¥12.86
Valuation Possible Value Trap
! 4 Warning Signs
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What is Beijing Jingcheng Machinery Electric Co EBIT?

Beijing Jingcheng Machinery Electric Co SHSE:600860 -5.73% 45 EBIT is ¥-101 Mil as of Mar. 2026. GuruFocus rates SHSE:600860 with a GF Score™ of 45/100 and a GF Value™ of ¥12.86 (Possible Value Trap). The stock has 4 warning signs investors should review.

Beijing Jingcheng Machinery Electric Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥-33 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-101 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Beijing Jingcheng Machinery Electric Co's annualized ROC % for the quarter that ended in Mar. 2026 was -3.35%. Beijing Jingcheng Machinery Electric Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -9.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Beijing Jingcheng Machinery Electric Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.43%.

Beijing Jingcheng Machinery Electric Co  (SHSE:600860) EBIT Explanation

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

Beijing Jingcheng Machinery Electric 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 )
=-66.008 * ( 1 - 0% )/( (1964.19 + 1972.138)/ 2 )
=-66.008/1968.164
=-3.35 %

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))
=3133.491 - 546.643 - ( 622.658 - max(0, 820.718 - 1621.133+622.658))
=1964.19

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))
=3012.747 - 542.998 - ( 497.611 - max(0, 739.896 - 1510.465+497.611))
=1972.138

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

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

Beijing Jingcheng Machinery Electric 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 )
=-131.788/( ( (1032.737 + max(305.05, 0)) + (1032.222 + max(323.962, 0)) )/ 2 )
=-131.788/( ( 1337.787 + 1356.184 )/ 2 )
=-131.788/1346.9855
=-9.78 %

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)
=(589.525 + 271.036 + 65.049) - (546.643 + 0 + 73.917)
=305.05

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(579.965 + 303.564 + 50.17) - (542.998 + 0 + 66.739)
=323.962

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:

Beijing Jingcheng Machinery Electric Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-101.344/4174.430
=-2.43 %

* 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.

Beijing Jingcheng Machinery Electric Co EBIT Related Terms

Beijing Jingcheng Machinery Electric Co EBIT Historical Data

* Premium members only.

The historical data trend for Beijing Jingcheng Machinery Electric 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.

Beijing Jingcheng Machinery Electric Co EBIT Chart

Beijing Jingcheng Machinery Electric 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 -28.15 34.71 -35.19 57.85 -71.57

Beijing Jingcheng Machinery Electric 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 -3.17 9.81 -0.45 -77.76 -32.95

SHSE:600860 vs GEV, ETN, PH: EBIT Comparison

For the Specialty Industrial Machinery subindustry, Beijing Jingcheng Machinery Electric 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.

Beijing Jingcheng Machinery Electric Co EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Jingcheng Machinery Electric Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Beijing Jingcheng Machinery Electric Co's EV-to-EBIT falls into.


SHSE:600860
45GF Score
Beijing Jingcheng Machinery Electric Co Ltd SHSE:600860
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijing Jingcheng Machinery Electric 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 ¥-101 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 ¥-101 Mil mean?
Beijing Jingcheng Machinery Electric Co (SHSE:600860) has a EBIT of ¥-101 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Beijing Jingcheng Machinery Electric Co.
Is Beijing Jingcheng Machinery Electric Co's EBIT too high?
Beijing Jingcheng Machinery Electric Co's current EBIT is ¥-101 Mil. Overall, Beijing Jingcheng Machinery Electric Co has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Beijing Jingcheng Machinery Electric Co's EBIT compare to GEV and ETN?
Beijing Jingcheng Machinery Electric Co's EBIT of ¥-101 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good EBIT depends on the Industrial Products 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 Beijing Jingcheng Machinery Electric Co. Beijing Jingcheng Machinery Electric Co's current EBIT is ¥-101 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Jingcheng Machinery Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Jingcheng Machinery Electric Co (SHSE:600860) is currently considered Possible Value Trap. The stock's GF Value™ is ¥12.86, compared to a current price of ¥7.73 — trading 39.9% below its estimated fair value. The current EBIT is ¥-101 Mil. Beijing Jingcheng Machinery Electric Co's overall GF Score™ is 45/100 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 Beijing Jingcheng Machinery Electric Co (SHSE:600860), the current EBIT is ¥-101 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 Beijing Jingcheng Machinery Electric Co (SHSE:600860) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Jingcheng Machinery Electric Co stock appears to be undervalued. The current stock price of ¥7.73 is trading 39.9% below its estimated GF Value™ of ¥12.86. GuruFocus considers Beijing Jingcheng Machinery Electric Co to be Possible Value Trap.

Key valuation signals for SHSE:600860:

  • EBIT: ¥-101 Mil
  • GF Value™: ¥12.86 vs. price of ¥7.73 (39.9% below fair value)
  • GF Score™: 45/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600860 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Beijing Jingcheng Machinery Electric Co Business Description

Other Exchanges 00187:Hong Kong
Address No. 2 Huo Xian Nan San Road, Huo Xian Town, Tongzhou District, Beijing, CHN, 101109
Beijing Jingcheng Machinery Electric Co Ltd is a manufacturer of gas storage and transportation equipment. It offers various services including the development, design, installation, and maintenance of cryogenic containers, compressors; machinery equipment, and electrical equipment. It has two main segments Gas Storage and Transportation Segment and Intelligent Manufacturing Segment. The company's products include seamless cylinders, wrapped composite cylinders, portable oxygen supply units for medical purposes, LNG fuel tanks, cryogenic gas cylinders, bottle and cylinder gasifiers, refueling stations, and systematic solutions among others.
45GF Score

Get the complete analysis for SHSE:600860

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

¥7.73
Price
¥12.86
GF Value