China Automotive Engineering Research Institute Co (SHSE:601965) EBIT: ¥1,366 Mil (TTM As of Mar. 2026)

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SHSE:601965 China Automotive Engineering Research Institute Co Ltd SHSE:601965
77 GF Score
Price ¥12.65
GF Value ¥20.59
Valuation Significantly Undervalued
! 4 Warning Signs
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What is China Automotive Engineering Research Institute Co EBIT?

China Automotive Engineering Research Institute Co SHSE:601965 -1.71% 77 EBIT is ¥1,366 Mil as of Mar. 2026. GuruFocus rates SHSE:601965 with a GF Score™ of 77/100 and a GF Value™ of ¥20.59 (Significantly Undervalued). The stock has 4 warning signs investors should review.

China Automotive Engineering Research Institute Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥215 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,366 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Automotive Engineering Research Institute Co's annualized ROC % for the quarter that ended in Mar. 2026 was 8.80%. China Automotive Engineering Research Institute Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Automotive Engineering Research Institute Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.78%.

China Automotive Engineering Research Institute Co  (SHSE:601965) EBIT Explanation

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

China Automotive Engineering Research Institute 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 )
=972.412 * ( 1 - 15.49% )/( (9070.552 + 9615.987)/ 2 )
=821.7853812/9343.2695
=8.80 %

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))
=14072.278 - 2151.938 - ( 2849.788 - max(0, 2439.024 - 6409.086+2849.788))
=9070.552

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))
=14024.591 - 1792.406 - ( 2616.198 - max(0, 2135.934 - 6232.03+2616.198))
=9615.987

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

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

China Automotive Engineering Research Institute 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 )
=861.168/( ( (6566.251 + max(397.421, 0)) + (6700.597 + max(1026.779, 0)) )/ 2 )
=861.168/( ( 6963.672 + 7727.376 )/ 2 )
=861.168/7345.524
=11.72 %

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)
=(2226.703 + 320.23 + 143.36) - (2151.938 + 0 + 140.934)
=397.421

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2444.293 + 370.211 + 182.206) - (1792.406 + 0 + 177.525)
=1026.779

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:

China Automotive Engineering Research Institute Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1365.854/13960.863
=9.78 %

* 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.

China Automotive Engineering Research Institute Co EBIT Related Terms

China Automotive Engineering Research Institute Co EBIT Historical Data

* Premium members only.

The historical data trend for China Automotive Engineering Research Institute 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.

China Automotive Engineering Research Institute Co EBIT Chart

China Automotive Engineering Research Institute 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 843.73 825.07 1,002.64 1,144.41 1,367.76

China Automotive Engineering Research Institute 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 217.20 319.34 341.65 489.57 215.29

SHSE:601965 vs TSLA, GM, F: EBIT Comparison

For the Auto Manufacturers subindustry, China Automotive Engineering Research Institute 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.

China Automotive Engineering Research Institute Co EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Automotive Engineering Research Institute Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Automotive Engineering Research Institute Co's EV-to-EBIT falls into.


SHSE:601965
77GF Score
China Automotive Engineering Research Institute Co Ltd SHSE:601965
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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China Automotive Engineering Research Institute 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 ¥1,366 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 ¥1,366 Mil mean?
China Automotive Engineering Research Institute Co (SHSE:601965) has a EBIT of ¥1,366 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on China Automotive Engineering Research Institute Co.
Is China Automotive Engineering Research Institute Co's EBIT too high?
China Automotive Engineering Research Institute Co's current EBIT is ¥1,366 Mil. Overall, China Automotive Engineering Research Institute Co has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Automotive Engineering Research Institute Co's EBIT compare to TSLA and GM?
China Automotive Engineering Research Institute Co's EBIT of ¥1,366 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts 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 China Automotive Engineering Research Institute Co. China Automotive Engineering Research Institute Co's current EBIT is ¥1,366 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Automotive Engineering Research Institute Co stock overvalued right now?
Based on GuruFocus' analysis, China Automotive Engineering Research Institute Co (SHSE:601965) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥20.59, compared to a current price of ¥12.65 — trading 38.6% below its estimated fair value. The current EBIT is ¥1,366 Mil. China Automotive Engineering Research Institute Co's overall GF Score™ is 77/100 with 4 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 China Automotive Engineering Research Institute Co (SHSE:601965), the current EBIT is ¥1,366 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 China Automotive Engineering Research Institute Co (SHSE:601965) Overvalued in 2026?

Based on GuruFocus' analysis, China Automotive Engineering Research Institute Co stock appears to be undervalued. The current stock price of ¥12.65 is trading 38.6% below its estimated GF Value™ of ¥20.59. GuruFocus considers China Automotive Engineering Research Institute Co to be Significantly Undervalued.

Key valuation signals for SHSE:601965:

  • EBIT: ¥1,366 Mil
  • GF Value™: ¥20.59 vs. price of ¥12.65 (38.6% below fair value)
  • GF Score™: 77/100 with 4 warning signs

No single metric tells the full story. See the SHSE:601965 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Automotive Engineering Research Institute Co Business Description

Address No.9, Jin Yu Avenue, North District, Economic Development Zone, Chongqing, CHN
China Automotive Engineering Research Institute Co Ltd is an automobile company based in China. It is mainly engaged in the technical service for automobile and manufacturing operations of automobile including the development of various products, the technical consulting, test and the quality inspection and authentication. In addition, the company is specialized in research and development, manufacturing and marketing of special vehicles, with main products involving 5 types and 200-odd models including engineering dump trucks, concrete mixers, sanitation vehicles, logistics transport vehicles and integration vehicles.
77GF Score

Get the complete analysis for SHSE:601965

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

¥12.65
Price
¥20.59
GF Value