Hengtong Logistic Co (SHSE:603223) EBIT: ¥382 Mil (TTM As of Mar. 2026)

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SHSE:603223 Hengtong Logistic Co Ltd SHSE:603223
61 GF Score
Price ¥10.46
GF Value ¥7.32
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hengtong Logistic Co EBIT?

Hengtong Logistic Co SHSE:603223 -0.38% 61 EBIT is ¥382 Mil as of Mar. 2026. GuruFocus rates SHSE:603223 with a GF Score™ of 61/100 and a GF Value™ of ¥7.32 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Hengtong Logistic Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥109 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥382 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hengtong Logistic Co's annualized ROC % for the quarter that ended in Mar. 2026 was 10.90%. Hengtong Logistic Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hengtong Logistic Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.43%.


Hengtong Logistic Co  (SHSE:603223) EBIT Explanation

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

Hengtong Logistic 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 )
=434.636 * ( 1 - 7.42% )/( (3538.368 + 3843.076)/ 2 )
=402.3860088/3690.722
=10.90 %

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))
=5241.999 - 290.583 - ( 1484.661 - max(0, 545.518 - 1958.566+1484.661))
=3538.368

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))
=5334.09 - 303.106 - ( 1187.908 - max(0, 604.743 - 2050.937+1187.908))
=3843.076

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

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

Hengtong Logistic 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 )
=434.068/( ( (2550.31 + max(65.687, 0)) + (2542.336 + max(378.639, 0)) )/ 2 )
=434.068/( ( 2615.997 + 2920.975 )/ 2 )
=434.068/2768.486
=15.68 %

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)
=(127.513 + 43.223 + 195.518) - (290.583 + 0 + 9.984)
=65.687

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(152.772 + 426.138 + 200.323) - (303.106 + 0 + 97.488)
=378.639

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:

Hengtong Logistic Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=381.849/7028.850
=5.43 %

* 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.


Hengtong Logistic Co EBIT Related Terms


Hengtong Logistic Co EBIT Historical Data

* Premium members only.

The historical data trend for Hengtong Logistic 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.

Hengtong Logistic Co EBIT Chart

Hengtong Logistic 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 147.25 128.16 153.91 197.87 330.33

Hengtong Logistic 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 57.00 72.25 94.03 107.05 108.52

SHSE:603223 vs ODFL, XPO, KNX: EBIT Comparison

For the Trucking subindustry, Hengtong Logistic 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.


Hengtong Logistic Co EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Hengtong Logistic Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hengtong Logistic Co's EV-to-EBIT falls into.


SHSE:603223
61GF Score
Hengtong Logistic Co Ltd SHSE:603223
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Hengtong Logistic 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 ¥382 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 ¥382 Mil mean?
Hengtong Logistic Co (SHSE:603223) has a EBIT of ¥382 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hengtong Logistic Co.
Is Hengtong Logistic Co's EBIT too high?
Hengtong Logistic Co's current EBIT is ¥382 Mil. Overall, Hengtong Logistic Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hengtong Logistic Co's EBIT compare to ODFL and XPO?
Hengtong Logistic Co's EBIT of ¥382 Mil can be compared against companies in the Transportation 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 Transportation company?
A good EBIT depends on the Transportation 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 Hengtong Logistic Co. Hengtong Logistic Co's current EBIT is ¥382 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengtong Logistic Co stock overvalued right now?
Based on GuruFocus' analysis, Hengtong Logistic Co (SHSE:603223) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.32, compared to a current price of ¥10.46 — trading 42.9% above its estimated fair value. The current EBIT is ¥382 Mil. Hengtong Logistic Co's overall GF Score™ is 61/100 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 Hengtong Logistic Co (SHSE:603223), the current EBIT is ¥382 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 Hengtong Logistic Co (SHSE:603223) Overvalued in 2026?

Based on GuruFocus' analysis, Hengtong Logistic Co stock appears to be overvalued. The current stock price of ¥10.46 is trading 42.9% above its estimated GF Value™ of ¥7.32. GuruFocus considers Hengtong Logistic Co to be Significantly Overvalued.

Key valuation signals for SHSE:603223:

  • EBIT: ¥382 Mil
  • GF Value™: ¥7.32 vs. price of ¥10.46 (42.9% above fair value)
  • GF Score™: 61/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603223 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hengtong Logistic Co Business Description

Address Export-oriented Economic Development Zone Hengtong Logistics Park, Tuchengzi Village, Longkou, CHN, 265716
Hengtong Logistic Co Ltd is an automotive freight transportation logistics company. It provides services including road freight transport, heavy truck sales and vehicle maintenance, vehicle transportation, lifting, port storage and driver training. It consists of three patterns: physical logistics, clean energy, and internet logistics.
61GF Score

Get the complete analysis for SHSE:603223

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

¥10.46
Price
¥7.32
GF Value