Guangdong Songyang Recycle Resources Co (SHSE:603863) EBIT: ¥-164.8 Mil (TTM As of Mar. 2026)

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SHSE:603863 Guangdong Songyang Recycle Resources Co Ltd SHSE:603863
50 GF Score
Price ¥11.71
GF Value ¥15.97
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Guangdong Songyang Recycle Resources Co EBIT?

Guangdong Songyang Recycle Resources Co SHSE:603863 -4.72% 50 EBIT is ¥-164.8 Mil as of Mar. 2026. GuruFocus rates SHSE:603863 with a GF Score™ of 50/100 and a GF Value™ of ¥15.97 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Guangdong Songyang Recycle Resources Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥1.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-164.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guangdong Songyang Recycle Resources Co's annualized ROC % for the quarter that ended in Mar. 2026 was -2.63%. Guangdong Songyang Recycle Resources Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guangdong Songyang Recycle Resources Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -6.03%.

Guangdong Songyang Recycle Resources Co  (SHSE:603863) EBIT Explanation

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

Guangdong Songyang Recycle Resources 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 )
=-31.784 * ( 1 - 0% )/( (1294.082 + 1122.59)/ 2 )
=-31.784/1208.336
=-2.63 %

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))
=1009.609 - 302.902 - ( 15.377 - max(0, 675.887 - 88.512+15.377))
=1294.082

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))
=916.633 - 311.33 - ( 11.433 - max(0, 592.03 - 74.743+11.433))
=1122.59

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

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

Guangdong Songyang Recycle Resources 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 )
=4.48/( ( (635.29 + max(-349.57, 0)) + (602.016 + max(-273.636, 0)) )/ 2 )
=4.48/( ( 635.29 + 602.016 )/ 2 )
=4.48/618.653
=0.72 %

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)
=(1.509 + 42.308 + 7.253) - (302.902 + 0 + 97.738)
=-349.57

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.481 + 31.997 + 14.242) - (311.33 + 0 + 9.0260000000001)
=-273.636

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:

Guangdong Songyang Recycle Resources Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-164.753/2730.845
=-6.03 %

* 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.

Guangdong Songyang Recycle Resources Co EBIT Related Terms

Guangdong Songyang Recycle Resources Co EBIT Historical Data

* Premium members only.

The historical data trend for Guangdong Songyang Recycle Resources 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.

Guangdong Songyang Recycle Resources Co EBIT Chart

Guangdong Songyang Recycle Resources 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 18.45 -253.81 -211.65 -206.61 -177.72

Guangdong Songyang Recycle Resources 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 -11.85 -20.75 -34.68 -110.45 1.12

Guangdong Songyang Recycle Resources Co EBIT Competitor Comparison

For the Paper & Paper Products subindustry, Guangdong Songyang Recycle Resources 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.

Guangdong Songyang Recycle Resources Co EV-to-EBIT vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Guangdong Songyang Recycle Resources Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Guangdong Songyang Recycle Resources Co's EV-to-EBIT falls into.


SHSE:603863
50GF Score
Guangdong Songyang Recycle Resources Co Ltd SHSE:603863
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Guangdong Songyang Recycle Resources 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 ¥-164.8 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 ¥-164.8 Mil mean?
Guangdong Songyang Recycle Resources Co (SHSE:603863) has a EBIT of ¥-164.8 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Guangdong Songyang Recycle Resources Co.
Is Guangdong Songyang Recycle Resources Co's EBIT too high?
Guangdong Songyang Recycle Resources Co's current EBIT is ¥-164.8 Mil. Overall, Guangdong Songyang Recycle Resources Co has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Songyang Recycle Resources Co's EBIT compare to competitors?
Guangdong Songyang Recycle Resources Co's EBIT of ¥-164.8 Mil can be compared against companies in the Forest 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 a Forest Products company?
A good EBIT depends on the Forest 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 Guangdong Songyang Recycle Resources Co. Guangdong Songyang Recycle Resources Co's current EBIT is ¥-164.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Songyang Recycle Resources Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Songyang Recycle Resources Co (SHSE:603863) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.97, compared to a current price of ¥11.71 — trading 26.7% below its estimated fair value. The current EBIT is ¥-164.8 Mil. Guangdong Songyang Recycle Resources Co's overall GF Score™ is 50/100 with 6 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 Guangdong Songyang Recycle Resources Co (SHSE:603863), the current EBIT is ¥-164.8 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 Guangdong Songyang Recycle Resources Co (SHSE:603863) Overvalued in 2026?

Based on GuruFocus' analysis, Guangdong Songyang Recycle Resources Co stock appears to be undervalued. The current stock price of ¥11.71 is trading 26.7% below its estimated GF Value™ of ¥15.97. GuruFocus considers Guangdong Songyang Recycle Resources Co to be Modestly Undervalued.

Key valuation signals for SHSE:603863:

  • EBIT: ¥-164.8 Mil
  • GF Value™: ¥15.97 vs. price of ¥11.71 (26.7% below fair value)
  • GF Score™: 50/100 with 6 warning signs

No single metric tells the full story. See the SHSE:603863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Guangdong Songyang Recycle Resources Co Business Description

Address West side of the office building, Hongli Industrial Zone, Lianxia Town, Chenghai District, Guangdong Province, Shantou City, CHN, 515800
Guangdong Songyang Recycle Resources Co Ltd is a high-tech enterprise engaged in the research and development, production and sales of environmentally-friendly recycled paper.
50GF Score

Get the complete analysis for SHSE:603863

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

¥11.71
Price
¥15.97
GF Value