Changshu Tongrun Auto Accessory Co (SHSE:603201) EBIT: ¥271 Mil (TTM As of Mar. 2026)

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SHSE:603201 Changshu Tongrun Auto Accessory Co Ltd SHSE:603201
82 GF Score
Price ¥17.83
GF Value ¥19.81
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Changshu Tongrun Auto Accessory Co EBIT?

Changshu Tongrun Auto Accessory Co SHSE:603201 +2.00% 82 EBIT is ¥271 Mil as of Mar. 2026. GuruFocus rates SHSE:603201 with a GF Score™ of 82/100 and a GF Value™ of ¥19.81 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Changshu Tongrun Auto Accessory Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥271 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Changshu Tongrun Auto Accessory Co's annualized ROC % for the quarter that ended in Mar. 2026 was 10.39%. Changshu Tongrun Auto Accessory Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Changshu Tongrun Auto Accessory Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.98%.


Changshu Tongrun Auto Accessory Co  (SHSE:603201) EBIT Explanation

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

Changshu Tongrun Auto Accessory 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 )
=195.748 * ( 1 - 16.8% )/( (1560.899 + 1573.788)/ 2 )
=162.862336/1567.3435
=10.39 %

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))
=3069.495 - 794.738 - ( 713.858 - max(0, 1218.164 - 2025.582+713.858))
=1560.899

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))
=3075.102 - 668.301 - ( 833.013 - max(0, 1210.187 - 2055.263+833.013))
=1573.788

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

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

Changshu Tongrun Auto Accessory 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 )
=183.268/( ( (836.631 + max(349.447, 0)) + (816.075 + max(383.447, 0)) )/ 2 )
=183.268/( ( 1186.078 + 1199.522 )/ 2 )
=183.268/1192.8
=15.36 %

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)
=(639.424 + 488.551 + 83.358) - (794.738 + 0 + 67.148)
=349.447

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(532.886 + 497.193 + 81.105) - (668.301 + 0 + 59.436)
=383.447

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:

Changshu Tongrun Auto Accessory Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=270.751/3014.244
=8.98 %

* 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.


Changshu Tongrun Auto Accessory Co EBIT Related Terms


Changshu Tongrun Auto Accessory Co EBIT Historical Data

* Premium members only.

The historical data trend for Changshu Tongrun Auto Accessory 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.

Changshu Tongrun Auto Accessory Co EBIT Chart

Changshu Tongrun Auto Accessory Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 197.88 246.30 291.23 341.32 296.76

Changshu Tongrun Auto Accessory 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 71.82 81.79 80.52 62.63 45.82

SHSE:603201 vs ORLY, AZO: EBIT Comparison

For the Auto Parts subindustry, Changshu Tongrun Auto Accessory 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.


Changshu Tongrun Auto Accessory Co EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Changshu Tongrun Auto Accessory Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Changshu Tongrun Auto Accessory Co's EV-to-EBIT falls into.


SHSE:603201
82GF Score
Changshu Tongrun Auto Accessory Co Ltd SHSE:603201
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Changshu Tongrun Auto Accessory 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 ¥271 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 ¥271 Mil mean?
Changshu Tongrun Auto Accessory Co (SHSE:603201) has a EBIT of ¥271 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Changshu Tongrun Auto Accessory Co.
Is Changshu Tongrun Auto Accessory Co's EBIT too high?
Changshu Tongrun Auto Accessory Co's current EBIT is ¥271 Mil. Overall, Changshu Tongrun Auto Accessory Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changshu Tongrun Auto Accessory Co's EBIT compare to ORLY and AZO?
Changshu Tongrun Auto Accessory Co's EBIT of ¥271 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 Changshu Tongrun Auto Accessory Co. Changshu Tongrun Auto Accessory Co's current EBIT is ¥271 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changshu Tongrun Auto Accessory Co stock overvalued right now?
Based on GuruFocus' analysis, Changshu Tongrun Auto Accessory Co (SHSE:603201) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.81, compared to a current price of ¥17.83 — trading 10% below its estimated fair value. The current EBIT is ¥271 Mil. Changshu Tongrun Auto Accessory Co's overall GF Score™ is 82/100 with 1 warning sign 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 Changshu Tongrun Auto Accessory Co (SHSE:603201), the current EBIT is ¥271 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 Changshu Tongrun Auto Accessory Co (SHSE:603201) Overvalued in 2026?

Based on GuruFocus' analysis, Changshu Tongrun Auto Accessory Co stock appears to be undervalued. The current stock price of ¥17.83 is trading 10% below its estimated GF Value™ of ¥19.81. GuruFocus considers Changshu Tongrun Auto Accessory Co to be Modestly Undervalued.

Key valuation signals for SHSE:603201:

  • EBIT: ¥271 Mil
  • GF Value™: ¥19.81 vs. price of ¥17.83 (10% below fair value)
  • GF Score™: 82/100 with 1 warning sign

No single metric tells the full story. See the SHSE:603201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changshu Tongrun Auto Accessory Co Business Description

Address Xinlongteng Industrial Park, Economic Development Zone, Jiangsu Province, Changshu, CHN, 215500
Changshu Tongrun Auto Accessory Co Ltd is engaged in the research and development, manufacturing, and sales of various jacks and their extended products. The company's main products include commercial jacks, vehicle-mounted jacks, professional jacks, lifts, and other automotive maintenance equipment and tools.
82GF Score

Get the complete analysis for SHSE:603201

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

¥17.83
Price
¥19.81
GF Value