Techstorm Advanced Material (SHSE:601026) EBIT: ¥244 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:601026 Techstorm Advanced Material Corp Ltd SHSE:601026
30 GF Score
Price ¥15.40
! 3 Warning Signs
View Full Analysis

What is Techstorm Advanced Material EBIT?

Techstorm Advanced Material SHSE:601026 +6.35% 30 EBIT is ¥244 Mil as of Mar. 2026. GuruFocus rates SHSE:601026 with a GF Score™ of 30/100. The stock has 3 warning signs investors should review.

Techstorm Advanced Material's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥244 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Techstorm Advanced Material's annualized ROC % for the quarter that ended in Mar. 2026 was 7.44%. Techstorm Advanced Material's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Techstorm Advanced Material's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.48%.

Techstorm Advanced Material  (SHSE:601026) EBIT Explanation

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

Techstorm Advanced Material'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 )
=172.04 * ( 1 - 8.23% )/( (1949.67 + 2296.918)/ 2 )
=157.881108/2123.294
=7.44 %

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))
=4147.627 - 845.138 - ( 1352.819 - max(0, 1121.575 - 3030.181+1352.819))
=1949.67

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))
=4191.328 - 885.955 - ( 1008.455 - max(0, 1148.247 - 3066.036+1008.455))
=2296.918

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

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

Techstorm Advanced Material'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 )
=141.144/( ( (907.917 + max(504.262, 0)) + (896.97 + max(810.1, 0)) )/ 2 )
=141.144/( ( 1412.179 + 1707.07 )/ 2 )
=141.144/1559.6245
=9.05 %

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)
=(1092.837 + 243.8 + 51.744) - (845.138 + 0 + 38.981)
=504.262

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1234.053 + 344.336 + 145.012) - (885.955 + 0 + 27.346)
=810.1

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:

Techstorm Advanced Material's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=244.391/9864.945
=2.48 %

* 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.

Techstorm Advanced Material EBIT Related Terms

Techstorm Advanced Material EBIT Historical Data

* Premium members only.

The historical data trend for Techstorm Advanced Material'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.

Techstorm Advanced Material EBIT Chart

Techstorm Advanced Material Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 109.99 168.33 200.04 198.88 250.20

Techstorm Advanced Material Quarterly Data
Dec20 Dec21 Dec22 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 41.09 70.80 80.27 58.04 35.29

SHSE:601026 vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Techstorm Advanced Material'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.

Techstorm Advanced Material EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Techstorm Advanced Material's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Techstorm Advanced Material's EV-to-EBIT falls into.


SHSE:601026
30GF Score
Techstorm Advanced Material Corp Ltd SHSE:601026
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Techstorm Advanced Material 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 ¥244 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 ¥244 Mil mean?
Techstorm Advanced Material (SHSE:601026) has a EBIT of ¥244 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Techstorm Advanced Material.
Is Techstorm Advanced Material's EBIT too high?
Techstorm Advanced Material's current EBIT is ¥244 Mil. Overall, Techstorm Advanced Material has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Techstorm Advanced Material's EBIT compare to LIN and SHW?
Techstorm Advanced Material's EBIT of ¥244 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good EBIT depends on the Chemicals 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 Techstorm Advanced Material. Techstorm Advanced Material's current EBIT is ¥244 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techstorm Advanced Material stock overvalued right now?
Techstorm Advanced Material (SHSE:601026) has a current EBIT of ¥244 Mil. The current EBIT is ¥244 Mil. Techstorm Advanced Material's overall GF Score™ is 30/100 with 3 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 Techstorm Advanced Material (SHSE:601026), the current EBIT is ¥244 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.

Techstorm Advanced Material Business Description

Address No.308 Pingda Road, Lin-Gang Special Area of China, Pilot Free Trade Zone, Shanghai, CHN
Techstorm Advanced Material Corp Ltd is engaged in the manufacturing and development of chemical products related to: Wind Energy, Composites, Automotive, Electric, and Photovoltaic. Its products are Adhesives (Onshore, Offshore), Various auxiliary adhesive systems, Gas cylinder wound resin, Cable mandrel pultrusion resin, Silicone sealant for solar photovoltaic modules, and Others.
30GF Score

Get the complete analysis for SHSE:601026

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

¥15.40
Price