Nancal Technology Co (SHSE:603859) EBIT: ¥328 Mil (TTM As of Mar. 2026)

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SHSE:603859 Nancal Technology Co Ltd SHSE:603859
93 GF Score
Price ¥34.75
GF Value ¥35.55
Valuation Fairly Valued
! 4 Warning Signs
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What is Nancal Technology Co EBIT?

Nancal Technology Co SHSE:603859 -2.72% 93 EBIT is ¥328 Mil as of Mar. 2026. GuruFocus rates SHSE:603859 with a GF Score™ of 93/100 and a GF Value™ of ¥35.55 (Fairly Valued). The stock has 4 warning signs investors should review.

Nancal Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥328 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nancal Technology Co's annualized ROC % for the quarter that ended in Mar. 2026 was 8.44%. Nancal Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nancal Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.42%.

Nancal Technology Co  (SHSE:603859) EBIT Explanation

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

Nancal Technology 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 )
=334.344 * ( 1 - 8.86% )/( (3483.201 + 3734.109)/ 2 )
=304.7211216/3608.655
=8.44 %

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))
=4961.403 - 697.643 - ( 780.559 - max(0, 1578.65 - 3011.079+780.559))
=3483.201

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))
=4886.335 - 566.115 - ( 586.111 - max(0, 1431.914 - 2903.174+586.111))
=3734.109

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

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

Nancal Technology 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 )
=304.048/( ( (180.021 + max(917.1, 0)) + (181.839 + max(1157.652, 0)) )/ 2 )
=304.048/( ( 1097.121 + 1339.491 )/ 2 )
=304.048/1218.306
=24.96 %

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)
=(1669.21 + 259.7 + 117.387) - (697.643 + 0 + 431.554)
=917.1

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1827.906 + 215.887 + 103.452) - (566.115 + 0 + 423.478)
=1157.652

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=328.406/9602.481
=3.42 %

* 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.

Nancal Technology Co EBIT Related Terms

Nancal Technology Co EBIT Historical Data

* Premium members only.

The historical data trend for Nancal Technology 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.

Nancal Technology Co EBIT Chart

Nancal Technology 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 189.68 243.26 336.93 322.72 341.84

Nancal Technology 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 89.45 90.31 84.43 77.66 76.01

SHSE:603859 vs HON, MMM: EBIT Comparison

For the Conglomerates subindustry, Nancal Technology 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.

Nancal Technology Co EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nancal Technology Co's EV-to-EBIT distribution charts can be found below:

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


SHSE:603859
93GF Score
Nancal Technology Co Ltd SHSE:603859
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Nancal Technology 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 ¥328 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 ¥328 Mil mean?
Nancal Technology Co (SHSE:603859) has a EBIT of ¥328 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nancal Technology Co.
Is Nancal Technology Co's EBIT too high?
Nancal Technology Co's current EBIT is ¥328 Mil. Overall, Nancal Technology Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nancal Technology Co's EBIT compare to HON and MMM?
Nancal Technology Co's EBIT of ¥328 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good EBIT depends on the Conglomerates 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 Nancal Technology Co. Nancal Technology Co's current EBIT is ¥328 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nancal Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Nancal Technology Co (SHSE:603859) is currently considered Fairly Valued. The stock's GF Value™ is ¥35.55, compared to a current price of ¥34.75 — trading 2.3% below its estimated fair value. The current EBIT is ¥328 Mil. Nancal Technology Co's overall GF Score™ is 93/100 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 Nancal Technology Co (SHSE:603859), the current EBIT is ¥328 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 Nancal Technology Co (SHSE:603859) Overvalued in 2026?

Based on GuruFocus' analysis, Nancal Technology Co stock appears to be undervalued. The current stock price of ¥34.75 is trading 2.3% below its estimated GF Value™ of ¥35.55. GuruFocus considers Nancal Technology Co to be Fairly Valued.

Key valuation signals for SHSE:603859:

  • EBIT: ¥328 Mil
  • GF Value™: ¥35.55 vs. price of ¥34.75 (2.3% below fair value)
  • GF Score™: 93/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603859 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nancal Technology Co Business Description

Address Guba Road, Chengguan Street, Fangshan District, No 9, Beijing, CHN, 100193
Nancal Technology Co Ltd provides energy saving and intelligent manufacturing hardware and software integrated solutions for industrial enterprises in China. The company operates through the following business division Smart Electrical, Smart Charging and Smart Manufacturing. Its products are applied in the fields of petrochemical industry, iron and steel metallurgy, coal mining, aviation equipment and power new energy.
93GF Score

Get the complete analysis for SHSE:603859

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

¥34.75
Price
¥35.55
GF Value