Anhui Province Natural Gas Development Co (SHSE:603689) EBIT: ¥513 Mil (TTM As of Mar. 2026)

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SHSE:603689 Anhui Province Natural Gas Development Co Ltd SHSE:603689
63 GF Score
Price ¥7.58
GF Value ¥7.28
Valuation Fairly Valued
! 4 Warning Signs
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What is Anhui Province Natural Gas Development Co EBIT?

Anhui Province Natural Gas Development Co SHSE:603689 +0.40% 63 EBIT is ¥513 Mil as of Mar. 2026. GuruFocus rates SHSE:603689 with a GF Score™ of 63/100 and a GF Value™ of ¥7.28 (Fairly Valued). The stock has 4 warning signs investors should review.

Anhui Province Natural Gas Development Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥167 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥513 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Anhui Province Natural Gas Development Co's annualized ROC % for the quarter that ended in Mar. 2026 was 6.03%. Anhui Province Natural Gas Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Anhui Province Natural Gas Development Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.62%.


Anhui Province Natural Gas Development Co  (SHSE:603689) EBIT Explanation

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

Anhui Province Natural Gas Development 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 )
=627.904 * ( 1 - 23.99% )/( (8034.591 + 7804.467)/ 2 )
=477.2698304/7919.529
=6.03 %

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))
=7524.496 - 403.424 - ( 513.742 - max(0, 1826.972 - 913.453+513.742))
=8034.591

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))
=7499.225 - 408.14 - ( 515.201 - max(0, 1539.268 - 825.886+515.201))
=7804.467

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

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

Anhui Province Natural Gas Development 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 )
=667.196/( ( (4064.317 + max(-820.95, 0)) + (4108.945 + max(-859.144, 0)) )/ 2 )
=667.196/( ( 4064.317 + 4108.945 )/ 2 )
=667.196/4086.631
=16.33 %

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)
=(76.521 + 39.901 + 259.339) - (403.424 + 0 + 793.287)
=-820.95

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(108.626 + 39.631 + 141.264) - (408.14 + 0 + 740.525)
=-859.144

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:

Anhui Province Natural Gas Development Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=512.721/5945.275
=8.62 %

* 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.


Anhui Province Natural Gas Development Co EBIT Related Terms


Anhui Province Natural Gas Development Co EBIT Historical Data

* Premium members only.

The historical data trend for Anhui Province Natural Gas Development 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.

Anhui Province Natural Gas Development Co EBIT Chart

Anhui Province Natural Gas Development 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 296.89 377.46 510.37 526.76 496.32

Anhui Province Natural Gas Development 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 150.40 126.33 117.91 101.68 166.80

SHSE:603689 vs WMB, EPD, KMI: EBIT Comparison

For the Oil & Gas Midstream subindustry, Anhui Province Natural Gas Development 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.


Anhui Province Natural Gas Development Co EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Anhui Province Natural Gas Development Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Anhui Province Natural Gas Development Co's EV-to-EBIT falls into.


SHSE:603689
63GF Score
Anhui Province Natural Gas Development Co Ltd SHSE:603689
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Anhui Province Natural Gas Development 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 ¥513 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 ¥513 Mil mean?
Anhui Province Natural Gas Development Co (SHSE:603689) has a EBIT of ¥513 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Anhui Province Natural Gas Development Co.
Is Anhui Province Natural Gas Development Co's EBIT too high?
Anhui Province Natural Gas Development Co's current EBIT is ¥513 Mil. Overall, Anhui Province Natural Gas Development Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anhui Province Natural Gas Development Co's EBIT compare to WMB and EPD?
Anhui Province Natural Gas Development Co's EBIT of ¥513 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good EBIT depends on the Oil & Gas 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 Anhui Province Natural Gas Development Co. Anhui Province Natural Gas Development Co's current EBIT is ¥513 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Province Natural Gas Development Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Province Natural Gas Development Co (SHSE:603689) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.28, compared to a current price of ¥7.58 — trading 4.1% above its estimated fair value. The current EBIT is ¥513 Mil. Anhui Province Natural Gas Development Co's overall GF Score™ is 63/100 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 Anhui Province Natural Gas Development Co (SHSE:603689), the current EBIT is ¥513 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 Anhui Province Natural Gas Development Co (SHSE:603689) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Province Natural Gas Development Co stock appears to be overvalued. The current stock price of ¥7.58 is trading 4.1% above its estimated GF Value™ of ¥7.28. GuruFocus considers Anhui Province Natural Gas Development Co to be Fairly Valued.

Key valuation signals for SHSE:603689:

  • EBIT: ¥513 Mil
  • GF Value™: ¥7.28 vs. price of ¥7.58 (4.1% above fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anhui Province Natural Gas Development Co Business Description

Industry EnergyOil & Gas
Address No. 9 Dalian Road, Baohe Industrial Zone, Anhui Province, Hefei, CHN, 230051
Anhui Province Natural Gas Development Co Ltd is a natural gas pipeline operator. It invests, constructs, operates and manages natural gas pipelines in Anhui Province. The company also participates in the development and construction of natural gas pipeline network in urban areas; manages natural gas resources on behalf of Anhui Province; sells natural gas; and market and competitive investment in other natural gas, CBM and other energy applications and related projects. The other business activities of the company are to invest in the development of natural gas and coal seams in the province Gas resources projects; other energy development projects; and to engage in other auxiliary businesses.
63GF Score

Get the complete analysis for SHSE:603689

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

¥7.58
Price
¥7.28
GF Value