Hexing Electrical Co (SHSE:603556) EBIT: ¥777 Mil (TTM As of Mar. 2026)

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SHSE:603556 Hexing Electrical Co Ltd SHSE:603556
78 GF Score
Price ¥26.99
GF Value ¥39.42
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Hexing Electrical Co EBIT?

Hexing Electrical Co SHSE:603556 78 EBIT is ¥777 Mil as of Mar. 2026. GuruFocus rates SHSE:603556 with a GF Score™ of 78/100 and a GF Value™ of ¥39.42 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Hexing Electrical Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥777 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hexing Electrical Co's annualized ROC % for the quarter that ended in Mar. 2026 was 6.48%. Hexing Electrical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hexing Electrical Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.60%.


Hexing Electrical Co  (SHSE:603556) EBIT Explanation

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

Hexing Electrical 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 )
=409.388 * ( 1 - 6.54% )/( (5757.799 + 6042.771)/ 2 )
=382.6140248/5900.285
=6.48 %

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))
=9936.164 - 1888.963 - ( 2289.402 - max(0, 2477.648 - 6669.617+2289.402))
=5757.799

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))
=9958.808 - 2050.407 - ( 1865.63 - max(0, 2419.277 - 6624.779+1865.63))
=6042.771

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

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

Hexing Electrical 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 )
=386.664/( ( (890.176 + max(1976.844, 0)) + (914.51 + max(2217.903, 0)) )/ 2 )
=386.664/( ( 2867.02 + 3132.413 )/ 2 )
=386.664/2999.7165
=12.89 %

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)
=(1344.345 + 1291.801 + 1501.605) - (1888.963 + 0 + 271.944)
=1976.844

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1392.749 + 1549.755 + 1578.09) - (2050.407 + 0 + 252.284)
=2217.903

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=776.889/10224.055
=7.60 %

* 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.


Hexing Electrical Co EBIT Related Terms


Hexing Electrical Co EBIT Historical Data

* Premium members only.

The historical data trend for Hexing Electrical 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.

Hexing Electrical Co EBIT Chart

Hexing Electrical 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 389.32 797.01 1,187.36 1,217.61 838.37

Hexing Electrical 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 158.14 273.77 370.16 36.30 96.67

SHSE:603556 vs VRT, BE: EBIT Comparison

For the Electrical Equipment & Parts subindustry, Hexing Electrical 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.


Hexing Electrical Co EV-to-EBIT vs Industrial Products Industry

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

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


SHSE:603556
78GF Score
Hexing Electrical Co Ltd SHSE:603556
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hexing Electrical 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 ¥777 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 ¥777 Mil mean?
Hexing Electrical Co (SHSE:603556) has a EBIT of ¥777 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hexing Electrical Co.
Is Hexing Electrical Co's EBIT too high?
Hexing Electrical Co's current EBIT is ¥777 Mil. Overall, Hexing Electrical Co has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hexing Electrical Co's EBIT compare to VRT and BE?
Hexing Electrical Co's EBIT of ¥777 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 Hexing Electrical Co. Hexing Electrical Co's current EBIT is ¥777 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexing Electrical Co stock overvalued right now?
Based on GuruFocus' analysis, Hexing Electrical Co (SHSE:603556) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥39.42, compared to a current price of ¥26.99 — trading 31.5% below its estimated fair value. The current EBIT is ¥777 Mil. Hexing Electrical Co's overall GF Score™ is 78/100 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 Hexing Electrical Co (SHSE:603556), the current EBIT is ¥777 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 Hexing Electrical Co (SHSE:603556) Overvalued in 2026?

Based on GuruFocus' analysis, Hexing Electrical Co stock appears to be undervalued. The current stock price of ¥26.99 is trading 31.5% below its estimated GF Value™ of ¥39.42. GuruFocus considers Hexing Electrical Co to be Significantly Undervalued.

Key valuation signals for SHSE:603556:

  • EBIT: ¥777 Mil
  • GF Value™: ¥39.42 vs. price of ¥26.99 (31.5% below fair value)
  • GF Score™: 78/100 with 1 warning sign

No single metric tells the full story. See the SHSE:603556 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hexing Electrical Co Business Description

Address 1418-5 Moganshan Road, Shangcheng Industrial Zone, Hangzhou, CHN, 310011
Hexing Electrical Co Ltd is manufacturers and solution providers in smart metering products and systems. The company offers a product such as Gateway Communication Device, Smart Cluster Metering Cabinet, ANSI Meter Test Equipment, Conventional Meter Matrix and Smart Meter Matrix. Geographically operates through China.
78GF Score

Get the complete analysis for SHSE:603556

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

¥26.99
Price
¥39.42
GF Value