Shandong Daye Co (SHSE:603278) EBIT: ¥59 Mil (TTM As of Mar. 2026)

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SHSE:603278 Shandong Daye Co Ltd SHSE:603278
70 GF Score
Price ¥9.54
GF Value ¥12.34
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Shandong Daye Co EBIT?

Shandong Daye Co SHSE:603278 +0.53% 70 EBIT is ¥59 Mil as of Mar. 2026. GuruFocus rates SHSE:603278 with a GF Score™ of 70/100 and a GF Value™ of ¥12.34 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Shandong Daye Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥-6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥59 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shandong Daye Co's annualized ROC % for the quarter that ended in Mar. 2026 was 1.64%. Shandong Daye Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -0.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shandong Daye Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.04%.


Shandong Daye Co  (SHSE:603278) EBIT Explanation

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

Shandong Daye 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 )
=144.928 * ( 1 - 15% )/( (7374.579 + 7623.842)/ 2 )
=123.1888/7499.2105
=1.64 %

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))
=8126.242 - 1618.877 - ( 1112.261 - max(0, 4494.451 - 3627.237+1112.261))
=7374.579

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))
=8489.186 - 1768.497 - ( 1003.011 - max(0, 4593.946 - 3690.793+1003.011))
=7623.842

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

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

Shandong Daye 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 )
=-24.668/( ( (3433.65 + max(481.815, 0)) + (3793.656 + max(346.023, 0)) )/ 2 )
=-24.668/( ( 3915.465 + 4139.679 )/ 2 )
=-24.668/4027.572
=-0.61 %

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)
=(1304.956 + 739.932 + 194.792) - (1618.877 + 0 + 138.988)
=481.815

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1177.635 + 841.313 + 193.216) - (1768.497 + 0 + 97.644)
=346.023

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=58.765/5638.215
=1.04 %

* 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.


Shandong Daye Co EBIT Related Terms


Shandong Daye Co EBIT Historical Data

* Premium members only.

The historical data trend for Shandong Daye 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.

Shandong Daye Co EBIT Chart

Shandong Daye 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 340.34 -152.31 224.29 -82.98 92.37

Shandong Daye 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 27.44 82.12 -20.82 3.64 -6.17

SHSE:603278 vs CRS, ATI, MLI: EBIT Comparison

For the Metal Fabrication subindustry, Shandong Daye 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.


Shandong Daye Co EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shandong Daye Co's EV-to-EBIT distribution charts can be found below:

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


SHSE:603278
70GF Score
Shandong Daye Co Ltd SHSE:603278
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shandong Daye 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 ¥59 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 ¥59 Mil mean?
Shandong Daye Co (SHSE:603278) has a EBIT of ¥59 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shandong Daye Co.
Is Shandong Daye Co's EBIT too high?
Shandong Daye Co's current EBIT is ¥59 Mil. Overall, Shandong Daye Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Daye Co's EBIT compare to CRS and ATI?
Shandong Daye Co's EBIT of ¥59 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 Shandong Daye Co. Shandong Daye Co's current EBIT is ¥59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Daye Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Daye Co (SHSE:603278) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.34, compared to a current price of ¥9.54 — trading 22.7% below its estimated fair value. The current EBIT is ¥59 Mil. Shandong Daye Co's overall GF Score™ is 70/100 with 9 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 Shandong Daye Co (SHSE:603278), the current EBIT is ¥59 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 Shandong Daye Co (SHSE:603278) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Daye Co stock appears to be undervalued. The current stock price of ¥9.54 is trading 22.7% below its estimated GF Value™ of ¥12.34. GuruFocus considers Shandong Daye Co to be Modestly Undervalued.

Key valuation signals for SHSE:603278:

  • EBIT: ¥59 Mil
  • GF Value™: ¥12.34 vs. price of ¥9.54 (22.7% below fair value)
  • GF Score™: 70/100 with 9 warning signs

No single metric tells the full story. See the SHSE:603278 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Daye Co Business Description

Address Zhu Zhu Road, Xinxing Economic and Industrial Park, Shandong Province, Zhucheng, CHN, 262218
Shandong Daye Co Ltd is engaged in the bead wire, steel cord and hose wires. Its customers include tyre manufacturers such as ZC Rubber, Cheng xin, CST, Double Coin, and Aeolus Tyre. The company has established the National Rubber Frame Material Standard R&D Base, Petroleum and Chemical Industry High-Performance Bead Wire Research Center, and Shandong High-Performance Bead Wire Engineering.
70GF Score

Get the complete analysis for SHSE:603278

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

¥9.54
Price
¥12.34
GF Value