Zhejiang Wazam New Materials Co (SHSE:603186) EBIT: ¥387 Mil (TTM As of Mar. 2026)


SHSE:603186 Zhejiang Wazam New Materials Co Ltd SHSE:603186
60 GF Score
Price ¥225.30
GF Value ¥39.97
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Zhejiang Wazam New Materials Co EBIT?

Zhejiang Wazam New Materials Co SHSE:603186 -0.99% 60 EBIT is ¥387 Mil as of Mar. 2026. GuruFocus rates SHSE:603186 with a GF Score™ of 60/100 and a GF Value™ of ¥39.97 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Zhejiang Wazam New Materials Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥40 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥387 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhejiang Wazam New Materials Co's annualized ROC % for the quarter that ended in Mar. 2026 was 5.02%. Zhejiang Wazam New Materials Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhejiang Wazam New Materials Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.06%.


Zhejiang Wazam New Materials Co  (SHSE:603186) EBIT Explanation

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

Zhejiang Wazam 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 )
=204.228 * ( 1 - 0% )/( (4055.541 + 4082.902)/ 2 )
=204.228/4069.2215
=5.02 %

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))
=6334.546 - 2386.677 - ( 456.143 - max(0, 3404.651 - 3296.979+456.143))
=4055.541

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))
=6652.133 - 2651.254 - ( 464.977 - max(0, 3703.263 - 3621.24+464.977))
=4082.902

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 Wazam 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 )
=160.028/( ( (2732.289 + max(-124.16, 0)) + (2718.631 + max(-166.657, 0)) )/ 2 )
=160.028/( ( 2732.289 + 2718.631 )/ 2 )
=160.028/2725.46
=5.87 %

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)
=(1751.948 + 511.033 + 55.014) - (2386.677 + 0 + 55.478)
=-124.16

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1879.433 + 596.276 + 56.998) - (2651.254 + 0 + 48.11)
=-166.657

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=386.64/36640.476
=1.06 %

* 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 Wazam New Materials Co EBIT Related Terms


Zhejiang Wazam New Materials Co EBIT Historical Data

* Premium members only.

The historical data trend for Zhejiang Wazam 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 Wazam New Materials Co EBIT Chart

Zhejiang Wazam New Materials 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 314.62 62.40 -91.56 -24.67 379.51

Zhejiang Wazam New Materials 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 32.88 48.89 29.69 268.05 40.01

SHSE:603186 vs APH, GLW: EBIT Comparison

For the Electronic Components subindustry, Zhejiang Wazam 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 Wazam New Materials Co EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Wazam New Materials Co's EV-to-EBIT distribution charts can be found below:

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


SHSE:603186
60GF Score
Zhejiang Wazam New Materials Co Ltd SHSE:603186
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Wazam 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 ¥387 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 ¥387 Mil mean?
Zhejiang Wazam New Materials Co (SHSE:603186) has a EBIT of ¥387 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Zhejiang Wazam New Materials Co.
Is Zhejiang Wazam New Materials Co's EBIT too high?
Zhejiang Wazam New Materials Co's current EBIT is ¥387 Mil. Overall, Zhejiang Wazam New Materials Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Wazam New Materials Co's EBIT compare to APH and GLW?
Zhejiang Wazam New Materials Co's EBIT of ¥387 Mil can be compared against companies in the Hardware 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 Hardware company?
A good EBIT depends on the Hardware 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 Wazam New Materials Co. Zhejiang Wazam New Materials Co's current EBIT is ¥387 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Wazam New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Wazam New Materials Co (SHSE:603186) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥39.97, compared to a current price of ¥225.30 — trading 463.7% above its estimated fair value. The current EBIT is ¥387 Mil. Zhejiang Wazam New Materials Co's overall GF Score™ is 60/100 with 8 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 Wazam New Materials Co (SHSE:603186), the current EBIT is ¥387 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 Zhejiang Wazam New Materials Co (SHSE:603186) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Wazam New Materials Co stock appears to be overvalued. The current stock price of ¥225.30 is trading 463.7% above its estimated GF Value™ of ¥39.97. GuruFocus considers Zhejiang Wazam New Materials Co to be Significantly Overvalued.

Key valuation signals for SHSE:603186:

  • EBIT: ¥387 Mil
  • GF Value™: ¥39.97 vs. price of ¥225.30 (463.7% above fair value)
  • GF Score™: 60/100 with 8 warning signs

No single metric tells the full story. See the SHSE:603186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Wazam New Materials Co Business Description

Address No. 2, Huayi Road, Yuhang Street, Wazam Sci-Tech Park, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311121
Zhejiang Wazam New Materials Co Ltd formerly Zhejiang Huazheng New Material Co Ltd is a China based company manufactures components for computer, medical equipment, communication equipment, automotive electronic, rail transit, new energy and other different uses. The company distributes its products in both Chinese and other international markets.
60GF Score

Get the complete analysis for SHSE:603186

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

¥225.30
Price
¥39.97
GF Value