Xiamen International Airport Co (SHSE:600897) EBIT: ¥738 Mil (TTM As of Mar. 2026)


SHSE:600897 Xiamen International Airport Co Ltd SHSE:600897
81 GF Score
Price ¥14.61
GF Value ¥16.29
Valuation Modestly Undervalued
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What is Xiamen International Airport Co EBIT?

Xiamen International Airport Co SHSE:600897 -1.48% 81 EBIT is ¥738 Mil as of Mar. 2026. GuruFocus rates SHSE:600897 with a GF Score™ of 81/100 and a GF Value™ of ¥16.29 (Modestly Undervalued).

Xiamen International Airport Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥162 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥738 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xiamen International Airport Co's annualized ROC % for the quarter that ended in Mar. 2026 was 17.02%. Xiamen International Airport Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 30.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xiamen International Airport Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.74%.


Xiamen International Airport Co  (SHSE:600897) EBIT Explanation

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

Xiamen International Airport 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 )
=545.444 * ( 1 - 23.04% )/( (2481.597 + 2451.434)/ 2 )
=419.7737024/2466.5155
=17.02 %

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))
=6118.038 - 849.894 - ( 3508.001 - max(0, 961.655 - 3748.202+3508.001))
=2481.597

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))
=6109.155 - 698.74 - ( 3182.285 - max(0, 831.644 - 3790.625+3182.285))
=2451.434

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

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

Xiamen International Airport 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 )
=646.032/( ( (2119.179 + max(-676.867, 0)) + (2066.273 + max(-178.928, 0)) )/ 2 )
=646.032/( ( 2119.179 + 2066.273 )/ 2 )
=646.032/2092.726
=30.87 %

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)
=(219.301 + 0.458 + 0.79199999999992) - (849.894 + 0 + 47.524)
=-676.867

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(238.208 + 0.579 + 358.497) - (698.74 + 0 + 77.472)
=-178.928

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:

Xiamen International Airport Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=737.931/3245.137
=22.74 %

* 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.


Xiamen International Airport Co EBIT Related Terms


Xiamen International Airport Co EBIT Historical Data

* Premium members only.

The historical data trend for Xiamen International Airport 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.

Xiamen International Airport Co EBIT Chart

Xiamen International Airport 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 222.44 62.91 521.90 627.42 756.36

Xiamen International Airport 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 179.94 189.53 189.30 197.59 161.51

SHSE:600897 vs JOBY, CAAP: EBIT Comparison

For the Airports & Air Services subindustry, Xiamen International Airport 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.


Xiamen International Airport Co EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Xiamen International Airport Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Xiamen International Airport Co's EV-to-EBIT falls into.


SHSE:600897
81GF Score
Xiamen International Airport Co Ltd SHSE:600897
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Xiamen International Airport 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 ¥738 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 ¥738 Mil mean?
Xiamen International Airport Co (SHSE:600897) has a EBIT of ¥738 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Xiamen International Airport Co.
Is Xiamen International Airport Co's EBIT too high?
Xiamen International Airport Co's current EBIT is ¥738 Mil. Overall, Xiamen International Airport Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xiamen International Airport Co's EBIT compare to JOBY and CAAP?
Xiamen International Airport Co's EBIT of ¥738 Mil can be compared against companies in the Transportation 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 Transportation company?
A good EBIT depends on the Transportation 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 Xiamen International Airport Co. Xiamen International Airport Co's current EBIT is ¥738 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen International Airport Co stock overvalued right now?
Based on GuruFocus' analysis, Xiamen International Airport Co (SHSE:600897) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.29, compared to a current price of ¥14.61 — trading 10.3% below its estimated fair value. The current EBIT is ¥738 Mil. Xiamen International Airport Co's overall GF Score™ is 81/100. 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 Xiamen International Airport Co (SHSE:600897), the current EBIT is ¥738 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 Xiamen International Airport Co (SHSE:600897) Overvalued in 2026?

Based on GuruFocus' analysis, Xiamen International Airport Co stock appears to be undervalued. The current stock price of ¥14.61 is trading 10.3% below its estimated GF Value™ of ¥16.29. GuruFocus considers Xiamen International Airport Co to be Modestly Undervalued.

Key valuation signals for SHSE:600897:

  • EBIT: ¥738 Mil
  • GF Value™: ¥16.29 vs. price of ¥14.61 (10.3% below fair value)
  • GF Score™: 81/100

No single metric tells the full story. See the SHSE:600897 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xiamen International Airport Co Business Description

Address Xiamen Gaoqi International Airport, Fujian Province, Xiamen, CHN, 361006
Xiamen International Airport Co Ltd is principally engaged in ground services of civil and international flights and passengers. The company is also involved in commercial property leasing services, advertising, cargo station and mechanical services.
81GF Score

Get the complete analysis for SHSE:600897

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

¥14.61
Price
¥16.29
GF Value