Zhejiang Zhenshi New Materials Co (SHSE:601112) EBIT: ¥1,123 Mil (TTM As of Mar. 2026)

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SHSE:601112 Zhejiang Zhenshi New Materials Co Ltd SHSE:601112
11 GF Score
Price ¥15.16
! 3 Warning Signs
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What is Zhejiang Zhenshi New Materials Co EBIT?

Zhejiang Zhenshi New Materials Co SHSE:601112 -2.00% 11 EBIT is ¥1,123 Mil as of Mar. 2026. GuruFocus rates SHSE:601112 with a GF Score™ of 11/100. The stock has 3 warning signs investors should review.

Zhejiang Zhenshi New Materials Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥267 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,123 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhejiang Zhenshi New Materials Co's annualized ROC % for the quarter that ended in Mar. 2026 was 9.58%. Zhejiang Zhenshi New Materials Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhejiang Zhenshi New Materials Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.10%.

Zhejiang Zhenshi New Materials Co  (SHSE:601112) EBIT Explanation

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

Zhejiang Zhenshi New Materials 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 )
=928.196 * ( 1 - 18.42% )/( (7758.147 + 8043.515)/ 2 )
=757.2222968/7900.831
=9.58 %

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))
=11490.592 - 2277.958 - ( 1767.228 - max(0, 5957.336 - 7411.823+1767.228))
=7758.147

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))
=12259.159 - 1888.21 - ( 2327.434 - max(0, 4734.001 - 8267.555+2327.434))
=8043.515

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

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

Zhejiang Zhenshi New Materials 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 )
=1069.7/( ( (3693.794 + max(1163.619, 0)) + (3639.903 + max(1743.197, 0)) )/ 2 )
=1069.7/( ( 4857.413 + 5383.1 )/ 2 )
=1069.7/5120.2565
=20.89 %

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)
=(2638.272 + 1173.487 + 302.676) - (2277.958 + 0 + 672.858)
=1163.619

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2729.171 + 1393.441 + 305.651) - (1888.21 + 0 + 796.856)
=1743.197

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:

Zhejiang Zhenshi New Materials Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1123.414/27409.860
=4.10 %

* 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.

Zhejiang Zhenshi New Materials Co EBIT Related Terms

Zhejiang Zhenshi New Materials Co EBIT Historical Data

* Premium members only.

The historical data trend for Zhejiang Zhenshi New Materials 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.

Zhejiang Zhenshi New Materials Co EBIT Chart

Zhejiang Zhenshi New Materials Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EBIT
1,225.76 1,340.90 1,090.33 974.55

Zhejiang Zhenshi New Materials Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only 239.27 357.02 316.82 182.16 267.43

SHSE:601112 vs GEV, ETN, PH: EBIT Comparison

For the Specialty Industrial Machinery subindustry, Zhejiang Zhenshi New Materials 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.

Zhejiang Zhenshi New Materials Co EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Zhenshi New Materials Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Zhenshi New Materials Co's EV-to-EBIT falls into.


SHSE:601112
11GF Score
Zhejiang Zhenshi New Materials Co Ltd SHSE:601112
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Zhenshi New Materials 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 ¥1,123 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 ¥1,123 Mil mean?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a EBIT of ¥1,123 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Zhejiang Zhenshi New Materials Co.
Is Zhejiang Zhenshi New Materials Co's EBIT too high?
Zhejiang Zhenshi New Materials Co's current EBIT is ¥1,123 Mil. Overall, Zhejiang Zhenshi New Materials Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Zhenshi New Materials Co's EBIT compare to GEV and ETN?
Zhejiang Zhenshi New Materials Co's EBIT of ¥1,123 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 Zhejiang Zhenshi New Materials Co. Zhejiang Zhenshi New Materials Co's current EBIT is ¥1,123 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Zhenshi New Materials Co stock overvalued right now?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a current EBIT of ¥1,123 Mil. The current EBIT is ¥1,123 Mil. Zhejiang Zhenshi New Materials Co's overall GF Score™ is 11/100 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 Zhejiang Zhenshi New Materials Co (SHSE:601112), the current EBIT is ¥1,123 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.

Zhejiang Zhenshi New Materials Co Business Description

Address No. 1 Guangyun South Road, Tongxiang Economic Development Zone, Zhejiang Province, Tongxiang, CHN, 314500
Zhejiang Zhenshi New Materials Co Ltd is engaged in the research and development, production, and sale of fiber reinforcement materials for clean energy applications. Its activities include the manufacturing and sale of fiberglass, glass fiber reinforced plastic products, high-performance fibers and composites, as well as related power electronic components. The company specializes in the research and development, production and sales of high-performance fiber weaving, thermosetting and thermoplastic composite products. The products are used in new energy wind power, solar photovoltaic, new energy vehicles, transportation, building materials and home furnishings.
11GF Score

Get the complete analysis for SHSE:601112

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

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