Far East Smarter Energy Co (SHSE:600869) EBIT: ¥488 Mil (TTM As of Mar. 2026)

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SHSE:600869 Far East Smarter Energy Co Ltd SHSE:600869
61 GF Score
Price ¥15.75
GF Value ¥5.95
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Far East Smarter Energy Co EBIT?

Far East Smarter Energy Co SHSE:600869 +2.61% 61 EBIT is ¥488 Mil as of Mar. 2026. GuruFocus rates SHSE:600869 with a GF Score™ of 61/100 and a GF Value™ of ¥5.95 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Far East Smarter Energy Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥203 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥488 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Far East Smarter Energy Co's annualized ROC % for the quarter that ended in Mar. 2026 was 3.97%. Far East Smarter Energy Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Far East Smarter Energy Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.25%.


Far East Smarter Energy Co  (SHSE:600869) EBIT Explanation

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

Far East Smarter Energy 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 )
=817.056 * ( 1 - 26% )/( (14817.01 + 15648.749)/ 2 )
=604.62144/15232.8795
=3.97 %

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))
=21093.298 - 7087.843 - ( 3071.649 - max(0, 15360.233 - 14548.678+3071.649))
=14817.01

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))
=21975.674 - 6979.782 - ( 3563.155 - max(0, 16023.391 - 15370.534+3563.155))
=15648.749

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

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

Far East Smarter Energy 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 )
=813.468/( ( (4439.712 + max(858.046, 0)) + (4392.102 + max(871.816, 0)) )/ 2 )
=813.468/( ( 5297.758 + 5263.918 )/ 2 )
=813.468/5280.838
=15.40 %

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)
=(5610.446 + 2589.443 + 1376.289) - (7087.843 + 0 + 1630.289)
=858.046

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4982.888 + 3907.131 + 1002.333) - (6979.782 + 0 + 2040.754)
=871.816

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:

Far East Smarter Energy Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=488.115/39014.634
=1.25 %

* 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.


Far East Smarter Energy Co EBIT Related Terms


Far East Smarter Energy Co EBIT Historical Data

* Premium members only.

The historical data trend for Far East Smarter Energy 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.

Far East Smarter Energy Co EBIT Chart

Far East Smarter Energy 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 1,019.58 963.96 767.16 15.99 439.67

Far East Smarter Energy 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 154.92 177.49 112.81 -5.56 203.37

SHSE:600869 vs VRT, BE: EBIT Comparison

For the Electrical Equipment & Parts subindustry, Far East Smarter Energy 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.


Far East Smarter Energy Co EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Far East Smarter Energy Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Far East Smarter Energy Co's EV-to-EBIT falls into.


SHSE:600869
61GF Score
Far East Smarter Energy Co Ltd SHSE:600869
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Far East Smarter Energy 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 ¥488 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 ¥488 Mil mean?
Far East Smarter Energy Co (SHSE:600869) has a EBIT of ¥488 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Far East Smarter Energy Co.
Is Far East Smarter Energy Co's EBIT too high?
Far East Smarter Energy Co's current EBIT is ¥488 Mil. Overall, Far East Smarter Energy Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Far East Smarter Energy Co's EBIT compare to VRT and BE?
Far East Smarter Energy Co's EBIT of ¥488 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 Far East Smarter Energy Co. Far East Smarter Energy Co's current EBIT is ¥488 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far East Smarter Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Far East Smarter Energy Co (SHSE:600869) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.95, compared to a current price of ¥15.75 — trading 164.7% above its estimated fair value. The current EBIT is ¥488 Mil. Far East Smarter Energy Co's overall GF Score™ is 61/100 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 Far East Smarter Energy Co (SHSE:600869), the current EBIT is ¥488 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 Far East Smarter Energy Co (SHSE:600869) Overvalued in 2026?

Based on GuruFocus' analysis, Far East Smarter Energy Co stock appears to be overvalued. The current stock price of ¥15.75 is trading 164.7% above its estimated GF Value™ of ¥5.95. GuruFocus considers Far East Smarter Energy Co to be Significantly Overvalued.

Key valuation signals for SHSE:600869:

  • EBIT: ¥488 Mil
  • GF Value™: ¥5.95 vs. price of ¥15.75 (164.7% above fair value)
  • GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Far East Smarter Energy Co Business Description

Address No.8, Yuandong Road, Gaocheng Town, Yixing, Jiangsu, CHN, 214257
Far East Smarter Energy Co Ltd operates as a wire and cable manufacturer in China. The company is mainly engaged in system development, design, manufacturing, marketing and service of four major types of cable products, such as overhead wires, power cables, wire and cable for electrical equipment, and special cables. Its products are widely used in smart power, smart transportation, intelligent energy intelligent construction and other fields.
61GF Score

Get the complete analysis for SHSE:600869

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

¥15.75
Price
¥5.95
GF Value