Harson Trading (China) Co (SHSE:603958) EBIT: ¥33 Mil (TTM As of Jun. 2026)

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SHSE:603958 Harson Trading (China) Co Ltd SHSE:603958
64 GF Score
Price ¥16.70
GF Value ¥17.95
Valuation Fairly Valued
! 4 Warning Signs
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What is Harson Trading (China) Co EBIT?

Harson Trading (China) Co SHSE:603958 +1.21% 64 EBIT is ¥33 Mil as of Jun. 2026. GuruFocus rates SHSE:603958 with a GF Score™ of 64/100 and a GF Value™ of ¥17.95 (Fairly Valued). The stock has 4 warning signs investors should review.

Harson Trading (China) Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was ¥32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was ¥33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Harson Trading (China) Co's annualized ROC % for the quarter that ended in Jun. 2026 was 4.96%. Harson Trading (China) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 20.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Harson Trading (China) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 0.80%.


Harson Trading (China) Co  (SHSE:603958) EBIT Explanation

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

Harson Trading (China) Co's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=91.384 * ( 1 - 30.58% )/( (1300.11058818 + 1258.6800637)/ 2 )
=63.4387728/1279.39532594
=4.96 %

where

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))
=1887.287 - 316.15241182 - ( 271.024 - max(0, 840.615 - 1222.639+271.024))
=1300.11058818

Invested Capital(Q: Jun. 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))
=1776.922 - 286.4019363 - ( 231.84 - max(0, 769.015 - 1125.142+231.84))
=1258.6800637

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

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

Harson Trading (China) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=129.54/( ( (278.945 + max(356.76558818, 0)) + (282.271 + max(338.0150637, 0)) )/ 2 )
=129.54/( ( 635.71058818 + 620.2860637 )/ 2 )
=129.54/627.99832594
=20.63 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(472.951 + 363.987 + 28.66) - (316.15241182 + 9.635 + 183.045)
=356.76558818

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(424.209 + 366.415 + 26.62) - (286.4019363 + 8.889 + 183.938)
=338.0150637

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Harson Trading (China) Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=32.58/4068.336
=0.80 %

* 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.


Harson Trading (China) Co EBIT Related Terms


Harson Trading (China) Co EBIT Historical Data

* Premium members only.

The historical data trend for Harson Trading (China) 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.

Harson Trading (China) Co EBIT Chart

Harson Trading (China) 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 -5.78 -157.00 15.89 -49.01 -18.70

Harson Trading (China) Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -6.34 -9.30 -30.15 39.65 32.39

SHSE:603958 vs NKE, DECK, ONON: EBIT Comparison

For the Footwear & Accessories subindustry, Harson Trading (China) 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.


Harson Trading (China) Co EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Harson Trading (China) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Harson Trading (China) Co's EV-to-EBIT falls into.


SHSE:603958
64GF Score
Harson Trading (China) Co Ltd SHSE:603958
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harson Trading (China) 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥33 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 ¥33 Mil mean?
Harson Trading (China) Co (SHSE:603958) has a EBIT of ¥33 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Harson Trading (China) Co.
Is Harson Trading (China) Co's EBIT too high?
Harson Trading (China) Co's current EBIT is ¥33 Mil. Overall, Harson Trading (China) Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harson Trading (China) Co's EBIT compare to NKE and DECK?
Harson Trading (China) Co's EBIT of ¥33 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good EBIT depends on the Manufacturing - Apparel & Accessories 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 Harson Trading (China) Co. Harson Trading (China) Co's current EBIT is ¥33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harson Trading (China) Co stock overvalued right now?
Based on GuruFocus' analysis, Harson Trading (China) Co (SHSE:603958) is currently considered Fairly Valued. The stock's GF Value™ is ¥17.95, compared to a current price of ¥16.70 — trading 7% below its estimated fair value. The current EBIT is ¥33 Mil. Harson Trading (China) Co's overall GF Score™ is 64/100 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 Harson Trading (China) Co (SHSE:603958), the current EBIT is ¥33 Mil as of Jun. 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 Harson Trading (China) Co (SHSE:603958) Overvalued in 2026?

Based on GuruFocus' analysis, Harson Trading (China) Co stock appears to be undervalued. The current stock price of ¥16.70 is trading 7% below its estimated GF Value™ of ¥17.95. GuruFocus considers Harson Trading (China) Co to be Fairly Valued.

Key valuation signals for SHSE:603958:

  • EBIT: ¥33 Mil
  • GF Value™: ¥17.95 vs. price of ¥16.70 (7% below fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603958 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harson Trading (China) Co Business Description

Address No.1008,Hua'an Road, 6th Floor, Caoan Economic Development Zone, Huaqiao Tow, Kunshan, CHN, 215332
Harson Trading (China) Co Ltd is a firm engaged in the brand operation, product design, production and sales of high-end leather shoes. It produces leather shoes for men and women mainly. Its brands include Harson, Kadina, Cover, Aller-A, AS, Roberta Di Camerino, Harson business, and Pikolinos.
64GF Score

Get the complete analysis for SHSE:603958

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

¥16.70
Price
¥17.95
GF Value