Zhejiang Dingli Machinery Co (SHSE:603338) EBIT: ¥2,257 Mil (TTM As of Mar. 2026)

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SHSE:603338 Zhejiang Dingli Machinery Co Ltd SHSE:603338
99 GF Score
Price ¥58.04
GF Value ¥72.38
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Zhejiang Dingli Machinery Co EBIT?

Zhejiang Dingli Machinery Co SHSE:603338 -1.63% 99 EBIT is ¥2,257 Mil as of Mar. 2026. GuruFocus rates SHSE:603338 with a GF Score™ of 99/100 and a GF Value™ of ¥72.38 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Zhejiang Dingli Machinery Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥549 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥2,257 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhejiang Dingli Machinery Co's annualized ROC % for the quarter that ended in Mar. 2026 was 28.57%. Zhejiang Dingli Machinery Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 41.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhejiang Dingli Machinery Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.78%.


Zhejiang Dingli Machinery Co  (SHSE:603338) EBIT Explanation

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

Zhejiang Dingli Machinery 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 )
=2678.64 * ( 1 - 17.04% )/( (7410.333 + 8146.066)/ 2 )
=2222.199744/7778.1995
=28.57 %

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))
=17353.959 - 4569.598 - ( 5374.028 - max(0, 5215.947 - 12689.996+5374.028))
=7410.333

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))
=17445.908 - 4180.317 - ( 5119.525 - max(0, 4926.621 - 12884.23+5119.525))
=8146.066

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 Dingli Machinery 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 )
=2194.548/( ( (2444.726 + max(2495.269, 0)) + (2423.731 + max(3325.448, 0)) )/ 2 )
=2194.548/( ( 4939.995 + 5749.179 )/ 2 )
=2194.548/5344.587
=41.06 %

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)
=(2942.179 + 2901.858 + 1294.073) - (4569.598 + 0 + 73.243)
=2495.269

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3523.822 + 2805.298 + 1243.372) - (4180.317 + 0 + 66.727)
=3325.448

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2257.421/25719.157
=8.78 %

* 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.


Zhejiang Dingli Machinery Co EBIT Related Terms


Zhejiang Dingli Machinery Co EBIT Historical Data

* Premium members only.

The historical data trend for Zhejiang Dingli Machinery 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 Dingli Machinery Co EBIT Chart

Zhejiang Dingli Machinery 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 1,026.37 1,476.69 2,193.36 1,949.02 2,242.42

Zhejiang Dingli Machinery 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 533.64 740.60 636.46 331.73 548.64

SHSE:603338 vs CAT, DE, PCAR: EBIT Comparison

For the Farm & Heavy Construction Machinery subindustry, Zhejiang Dingli Machinery 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 Dingli Machinery Co EV-to-EBIT vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zhejiang Dingli Machinery Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Dingli Machinery Co's EV-to-EBIT falls into.


SHSE:603338
99GF Score
Zhejiang Dingli Machinery Co Ltd SHSE:603338
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Dingli Machinery 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 ¥2,257 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 ¥2,257 Mil mean?
Zhejiang Dingli Machinery Co (SHSE:603338) has a EBIT of ¥2,257 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Zhejiang Dingli Machinery Co.
Is Zhejiang Dingli Machinery Co's EBIT too high?
Zhejiang Dingli Machinery Co's current EBIT is ¥2,257 Mil. Overall, Zhejiang Dingli Machinery Co has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Dingli Machinery Co's EBIT compare to CAT and DE?
Zhejiang Dingli Machinery Co's EBIT of ¥2,257 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good EBIT depends on the Farm & Heavy Construction Machinery 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 Dingli Machinery Co. Zhejiang Dingli Machinery Co's current EBIT is ¥2,257 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Dingli Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Dingli Machinery Co (SHSE:603338) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥72.38, compared to a current price of ¥58.04 — trading 19.8% below its estimated fair value. The current EBIT is ¥2,257 Mil. Zhejiang Dingli Machinery Co's overall GF Score™ is 99/100 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 Zhejiang Dingli Machinery Co (SHSE:603338), the current EBIT is ¥2,257 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 Dingli Machinery Co (SHSE:603338) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Dingli Machinery Co stock appears to be undervalued. The current stock price of ¥58.04 is trading 19.8% below its estimated GF Value™ of ¥72.38. GuruFocus considers Zhejiang Dingli Machinery Co to be Modestly Undervalued.

Key valuation signals for SHSE:603338:

  • EBIT: ¥2,257 Mil
  • GF Value™: ¥72.38 vs. price of ¥58.04 (19.8% below fair value)
  • GF Score™: 99/100 with 1 warning sign

No single metric tells the full story. See the SHSE:603338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Dingli Machinery Co Business Description

Address No. 188, Qihang Road, Deqing County, Zhejiang Province, Huzhou, CHN, 313219
Zhejiang Dingli Machinery Co Ltd is engaged in the research and development, production, and sales of aerial work machinery and industrial vehicles. The company manufactures a range of aerial work platforms, including electric, diesel, and hybrid boom lifts, scissor lifts, mast lifts, and specialized models. Its products are applied across industrial, commercial, construction, and engineering sectors, as well as in logistics, petrochemicals, shipbuilding, and specialized fields such as power grids, nuclear facilities, high-speed rail, airports, and tunnels.
99GF Score

Get the complete analysis for SHSE:603338

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

¥58.04
Price
¥72.38
GF Value