Neway Valve (Suzhou) Co (SHSE:603699) EBIT: ¥2,076 Mil (TTM As of Mar. 2026)


SHSE:603699 Neway Valve (Suzhou) Co Ltd SHSE:603699
88 GF Score
Price ¥50.97
GF Value ¥32.02
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Neway Valve (Suzhou) Co EBIT?

Neway Valve (Suzhou) Co SHSE:603699 +4.62% 88 EBIT is ¥2,076 Mil as of Mar. 2026. GuruFocus rates SHSE:603699 with a GF Score™ of 88/100 and a GF Value™ of ¥32.02 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Neway Valve (Suzhou) Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥431 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥2,076 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Neway Valve (Suzhou) Co's annualized ROC % for the quarter that ended in Mar. 2026 was 35.87%. Neway Valve (Suzhou) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 55.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Neway Valve (Suzhou) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.68%.


Neway Valve (Suzhou) Co  (SHSE:603699) EBIT Explanation

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

Neway Valve (Suzhou) 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 )
=1876.144 * ( 1 - 17.68% )/( (4301.581 + 4309.127)/ 2 )
=1544.4417408/4305.354
=35.87 %

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))
=10512.63 - 3441.697 - ( 2769.352 - max(0, 5795.198 - 8864.899+2769.352))
=4301.581

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))
=10530.002 - 3232.999 - ( 2987.876 - max(0, 5447.289 - 8861.318+2987.876))
=4309.127

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

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

Neway Valve (Suzhou) 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 )
=1722.664/( ( (1282.414 + max(1681.91, 0)) + (1291.52 + max(1911.478, 0)) )/ 2 )
=1722.664/( ( 2964.324 + 3202.998 )/ 2 )
=1722.664/3083.661
=55.86 %

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)
=(2799.566 + 2849.441 + 150.798) - (3441.697 + 0 + 676.198)
=1681.91

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2561.591 + 2946.017 + 124.379) - (3232.999 + 0 + 487.51)
=1911.478

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:

Neway Valve (Suzhou) Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2076.166/36544.578
=5.68 %

* 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.


Neway Valve (Suzhou) Co EBIT Related Terms


Neway Valve (Suzhou) Co EBIT Historical Data

* Premium members only.

The historical data trend for Neway Valve (Suzhou) 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.

Neway Valve (Suzhou) Co EBIT Chart

Neway Valve (Suzhou) 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 450.72 565.22 880.72 1,452.15 1,970.42

Neway Valve (Suzhou) 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 324.92 444.70 576.17 624.64 430.67

SHSE:603699 vs GEV, ETN, PH: EBIT Comparison

For the Specialty Industrial Machinery subindustry, Neway Valve (Suzhou) 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.


Neway Valve (Suzhou) Co EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Neway Valve (Suzhou) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Neway Valve (Suzhou) Co's EV-to-EBIT falls into.


SHSE:603699
88GF Score
Neway Valve (Suzhou) Co Ltd SHSE:603699
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Neway Valve (Suzhou) 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 ¥2,076 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 ¥2,076 Mil mean?
Neway Valve (Suzhou) Co (SHSE:603699) has a EBIT of ¥2,076 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Neway Valve (Suzhou) Co.
Is Neway Valve (Suzhou) Co's EBIT too high?
Neway Valve (Suzhou) Co's current EBIT is ¥2,076 Mil. Overall, Neway Valve (Suzhou) Co has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neway Valve (Suzhou) Co's EBIT compare to GEV and ETN?
Neway Valve (Suzhou) Co's EBIT of ¥2,076 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 Neway Valve (Suzhou) Co. Neway Valve (Suzhou) Co's current EBIT is ¥2,076 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neway Valve (Suzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Neway Valve (Suzhou) Co (SHSE:603699) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥32.02, compared to a current price of ¥50.97 — trading 59.2% above its estimated fair value. The current EBIT is ¥2,076 Mil. Neway Valve (Suzhou) Co's overall GF Score™ is 88/100 with 2 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 Neway Valve (Suzhou) Co (SHSE:603699), the current EBIT is ¥2,076 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 Neway Valve (Suzhou) Co (SHSE:603699) Overvalued in 2026?

Based on GuruFocus' analysis, Neway Valve (Suzhou) Co stock appears to be overvalued. The current stock price of ¥50.97 is trading 59.2% above its estimated GF Value™ of ¥32.02. GuruFocus considers Neway Valve (Suzhou) Co to be Significantly Overvalued.

Key valuation signals for SHSE:603699:

  • EBIT: ¥2,076 Mil
  • GF Value™: ¥32.02 vs. price of ¥50.97 (59.2% above fair value)
  • GF Score™: 88/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neway Valve (Suzhou) Co Business Description

Address No.666 Taishan Road, New District, Suzhou, Jiangsu, CHN
Neway Valve (Suzhou) Co Ltd is a manufacturer and exporter of industrial valves. Its main products include Gate valve, globe valve, check valve, Cast steel valves, API602 forged steel valves, API603 stainless steel valves, Cryogenic Valves, Bellows Valves, Floating ball - Steel. Geographically it operates through China, however its business presence is also seen internationally.
88GF Score

Get the complete analysis for SHSE:603699

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

¥50.97
Price
¥32.02
GF Value