Shanghai Milkground Food Tech Co (SHSE:600882) EBIT: ¥205 Mil (TTM As of Mar. 2026)


SHSE:600882 Shanghai Milkground Food Tech Co Ltd SHSE:600882
64 GF Score
Price ¥16.22
GF Value ¥24.56
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Shanghai Milkground Food Tech Co EBIT?

Shanghai Milkground Food Tech Co SHSE:600882 -3.91% 64 EBIT is ¥205 Mil as of Mar. 2026. GuruFocus rates SHSE:600882 with a GF Score™ of 64/100 and a GF Value™ of ¥24.56 (Significantly Undervalued). The stock has 7 warning signs investors should review.

Shanghai Milkground Food Tech Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥111 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥205 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shanghai Milkground Food Tech Co's annualized ROC % for the quarter that ended in Mar. 2026 was 4.45%. Shanghai Milkground Food Tech Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shanghai Milkground Food Tech Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.31%.


Shanghai Milkground Food Tech Co  (SHSE:600882) EBIT Explanation

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

Shanghai Milkground Food Tech 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 )
=390.46 * ( 1 - 22.67% )/( (6760.051 + 6796.643)/ 2 )
=301.942718/6778.347
=4.45 %

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))
=8458.304 - 1019.591 - ( 2086.146 - max(0, 3078.32 - 3756.982+2086.146))
=6760.051

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))
=8700.265 - 1107.09 - ( 2185.541 - max(0, 3256.971 - 4053.503+2185.541))
=6796.643

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 Milkground Food Tech 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 )
=442.544/( ( (2486.029 + max(537.624, 0)) + (2455.2 + max(651.246, 0)) )/ 2 )
=442.544/( ( 3023.653 + 3106.446 )/ 2 )
=442.544/3065.0495
=14.44 %

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)
=(218.321 + 932.854 + 493.905) - (1019.591 + 0 + 87.865)
=537.624

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(181.456 + 1164.27 + 494.706) - (1107.09 + 0 + 82.096)
=651.246

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 Milkground Food Tech Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=205.146/8866.237
=2.31 %

* 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 Milkground Food Tech Co EBIT Related Terms


Shanghai Milkground Food Tech Co EBIT Historical Data

* Premium members only.

The historical data trend for Shanghai Milkground Food Tech 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 Milkground Food Tech Co EBIT Chart

Shanghai Milkground Food Tech 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 257.59 274.96 123.67 214.99 218.08

Shanghai Milkground Food Tech 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 123.57 84.27 77.40 -67.16 110.64

SHSE:600882 vs KHC, GIS: EBIT Comparison

For the Packaged Foods subindustry, Shanghai Milkground Food Tech 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 Milkground Food Tech Co EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shanghai Milkground Food Tech Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shanghai Milkground Food Tech Co's EV-to-EBIT falls into.


SHSE:600882
64GF Score
Shanghai Milkground Food Tech Co Ltd SHSE:600882
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Milkground Food Tech 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 ¥205 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 ¥205 Mil mean?
Shanghai Milkground Food Tech Co (SHSE:600882) has a EBIT of ¥205 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shanghai Milkground Food Tech Co.
Is Shanghai Milkground Food Tech Co's EBIT too high?
Shanghai Milkground Food Tech Co's current EBIT is ¥205 Mil. Overall, Shanghai Milkground Food Tech Co has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Milkground Food Tech Co's EBIT compare to KHC and GIS?
Shanghai Milkground Food Tech Co's EBIT of ¥205 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods 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 Milkground Food Tech Co. Shanghai Milkground Food Tech Co's current EBIT is ¥205 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Milkground Food Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Milkground Food Tech Co (SHSE:600882) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥24.56, compared to a current price of ¥16.22 — trading 34% below its estimated fair value. The current EBIT is ¥205 Mil. Shanghai Milkground Food Tech Co's overall GF Score™ is 64/100 with 7 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 Milkground Food Tech Co (SHSE:600882), the current EBIT is ¥205 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 Milkground Food Tech Co (SHSE:600882) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Milkground Food Tech Co stock appears to be undervalued. The current stock price of ¥16.22 is trading 34% below its estimated GF Value™ of ¥24.56. GuruFocus considers Shanghai Milkground Food Tech Co to be Significantly Undervalued.

Key valuation signals for SHSE:600882:

  • EBIT: ¥205 Mil
  • GF Value™: ¥24.56 vs. price of ¥16.22 (34% below fair value)
  • GF Score™: 64/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600882 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Milkground Food Tech Co Business Description

Address No. 1398 Jinqiao Road, 9th Floor, Jintai Building, Pudong New District, Shanghai, CHN, 200136
Shanghai Milkground Food Tech Co Ltd is engaged in research and development, production, and sales of dairy products with a focus on cheese and liquid milk. Some of its products include Cheese sticks 100g; Cheese sticks 500g; Butter Fresh; Refined mozzarella cheese 125g; Refined mozzarella cheese 450g; Mozzarella cheese and others.
64GF Score

Get the complete analysis for SHSE:600882

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

¥16.22
Price
¥24.56
GF Value