Noblelift Intelligent Equipment Co (SHSE:603611) EBIT: ¥480 Mil (TTM As of Mar. 2026)

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SHSE:603611 Noblelift Intelligent Equipment Co Ltd SHSE:603611
80 GF Score
Price ¥16.52
GF Value ¥21.14
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Noblelift Intelligent Equipment Co EBIT?

Noblelift Intelligent Equipment Co SHSE:603611 -3.17% 80 EBIT is ¥480 Mil as of Mar. 2026. GuruFocus rates SHSE:603611 with a GF Score™ of 80/100 and a GF Value™ of ¥21.14 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Noblelift Intelligent Equipment Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥100 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥480 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Noblelift Intelligent Equipment Co's annualized ROC % for the quarter that ended in Mar. 2026 was 10.03%. Noblelift Intelligent Equipment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 25.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Noblelift Intelligent Equipment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.43%.

Noblelift Intelligent Equipment Co  (SHSE:603611) EBIT Explanation

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

Noblelift Intelligent Equipment 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 )
=642.36 * ( 1 - 11.63% )/( (5306.262 + 6012.586)/ 2 )
=567.653532/5659.424
=10.03 %

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))
=9522.786 - 3042.632 - ( 1750.337 - max(0, 5584.715 - 6758.607+1750.337))
=5306.262

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))
=9638.148 - 2475.857 - ( 1515.91 - max(0, 5634.159 - 6783.864+1515.91))
=6012.586

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

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

Noblelift Intelligent Equipment 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 )
=399.264/( ( (1410.723 + max(-307.246, 0)) + (1491.667 + max(230.021, 0)) )/ 2 )
=399.264/( ( 1410.723 + 1721.688 )/ 2 )
=399.264/1566.2055
=25.49 %

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)
=(1676.341 + 2490.042 + 294.518) - (3042.632 + 0 + 1725.515)
=-307.246

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1744.956 + 2513.861 + 430.977) - (2475.857 + 0 + 1983.916)
=230.021

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:

Noblelift Intelligent Equipment Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=479.739/4601.375
=10.43 %

* 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.

Noblelift Intelligent Equipment Co EBIT Related Terms

Noblelift Intelligent Equipment Co EBIT Historical Data

* Premium members only.

The historical data trend for Noblelift Intelligent Equipment 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.

Noblelift Intelligent Equipment Co EBIT Chart

Noblelift Intelligent Equipment 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 371.67 491.40 562.20 580.95 539.70

Noblelift Intelligent Equipment 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 159.78 150.54 162.79 66.59 99.82

SHSE:603611 vs CAT, DE, PCAR: EBIT Comparison

For the Farm & Heavy Construction Machinery subindustry, Noblelift Intelligent Equipment 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.

Noblelift Intelligent Equipment Co EV-to-EBIT vs Farm & Heavy Construction Machinery Industry

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

* The bar in red indicates where Noblelift Intelligent Equipment Co's EV-to-EBIT falls into.


SHSE:603611
80GF Score
Noblelift Intelligent Equipment Co Ltd SHSE:603611
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noblelift Intelligent Equipment 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 ¥480 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 ¥480 Mil mean?
Noblelift Intelligent Equipment Co (SHSE:603611) has a EBIT of ¥480 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Noblelift Intelligent Equipment Co.
Is Noblelift Intelligent Equipment Co's EBIT too high?
Noblelift Intelligent Equipment Co's current EBIT is ¥480 Mil. Overall, Noblelift Intelligent Equipment Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Noblelift Intelligent Equipment Co's EBIT compare to CAT and DE?
Noblelift Intelligent Equipment Co's EBIT of ¥480 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 Noblelift Intelligent Equipment Co. Noblelift Intelligent Equipment Co's current EBIT is ¥480 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noblelift Intelligent Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Noblelift Intelligent Equipment Co (SHSE:603611) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥21.14, compared to a current price of ¥16.52 — trading 21.9% below its estimated fair value. The current EBIT is ¥480 Mil. Noblelift Intelligent Equipment Co's overall GF Score™ is 80/100 with 4 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 Noblelift Intelligent Equipment Co (SHSE:603611), the current EBIT is ¥480 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 Noblelift Intelligent Equipment Co (SHSE:603611) Overvalued in 2026?

Based on GuruFocus' analysis, Noblelift Intelligent Equipment Co stock appears to be undervalued. The current stock price of ¥16.52 is trading 21.9% below its estimated GF Value™ of ¥21.14. GuruFocus considers Noblelift Intelligent Equipment Co to be Modestly Undervalued.

Key valuation signals for SHSE:603611:

  • EBIT: ¥480 Mil
  • GF Value™: ¥21.14 vs. price of ¥16.52 (21.9% below fair value)
  • GF Score™: 80/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603611 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Noblelift Intelligent Equipment Co Business Description

Address No.528, Jing Yi Road, Economic Development Zone, Changxing, Zhejiang, CHN, 313100
Noblelift Intelligent Equipment Co Ltd manufacturers that joined the industrial equipment. It is mainly engaged in the research, production, and sales of light industrial trucks and electric storage vehicles. The company's products and services include Hand pallet trucks, Industrial products, Forklift, Reach truck, Electric Stacker, After sales services, and others. Its products are used in manufacturing, logistics, construction, military systems, the textile industry, chemical industry, metallurgy industry, energy industry, and many other industries.
80GF Score

Get the complete analysis for SHSE:603611

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

¥16.52
Price
¥21.14
GF Value