JiangSu Changling Hydraulic Co (SHSE:605389) EBIT: ¥187 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:605389 JiangSu Changling Hydraulic Co Ltd SHSE:605389
61 GF Score
Price ¥72.78
GF Value ¥28.79
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is JiangSu Changling Hydraulic Co EBIT?

JiangSu Changling Hydraulic Co SHSE:605389 +1.08% 61 EBIT is ¥187 Mil as of Mar. 2026. GuruFocus rates SHSE:605389 with a GF Score™ of 61/100 and a GF Value™ of ¥28.79 (Significantly Overvalued). The stock has 3 warning signs investors should review.

JiangSu Changling Hydraulic Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥51 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥187 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. JiangSu Changling Hydraulic Co's annualized ROC % for the quarter that ended in Mar. 2026 was 11.37%. JiangSu Changling Hydraulic Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 25.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. JiangSu Changling Hydraulic Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.44%.


JiangSu Changling Hydraulic Co  (SHSE:605389) EBIT Explanation

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

JiangSu Changling Hydraulic 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 )
=203.556 * ( 1 - 18.33% )/( (1452.971 + 1471.451)/ 2 )
=166.2441852/1462.211
=11.37 %

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))
=2480.385 - 242.555 - ( 784.859 - max(0, 268.883 - 1527.782+784.859))
=1452.971

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))
=2469.862 - 201.664 - ( 796.747 - max(0, 226.049 - 1540.492+796.747))
=1471.451

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

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

JiangSu Changling Hydraulic 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 )
=203.556/( ( (494.493 + max(287.177, 0)) + (479.438 + max(316.545, 0)) )/ 2 )
=203.556/( ( 781.67 + 795.983 )/ 2 )
=203.556/788.8265
=25.80 %

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)
=(352.572 + 185.696 + 6.019) - (242.555 + 0 + 14.555)
=287.177

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(332.304 + 189.76 + 8.7670000000001) - (201.664 + 0 + 12.622)
=316.545

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:

JiangSu Changling Hydraulic Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=186.658/12919.388
=1.44 %

* 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.


JiangSu Changling Hydraulic Co EBIT Related Terms


JiangSu Changling Hydraulic Co EBIT Historical Data

* Premium members only.

The historical data trend for JiangSu Changling Hydraulic 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.

JiangSu Changling Hydraulic Co EBIT Chart

JiangSu Changling Hydraulic 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 233.74 122.24 120.55 116.77 169.14

JiangSu Changling Hydraulic 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 33.37 44.84 60.75 30.17 50.89

SHSE:605389 vs SNA, RBC, SWK: EBIT Comparison

For the Tools & Accessories subindustry, JiangSu Changling Hydraulic 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.


JiangSu Changling Hydraulic Co EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, JiangSu Changling Hydraulic Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where JiangSu Changling Hydraulic Co's EV-to-EBIT falls into.


SHSE:605389
61GF Score
JiangSu Changling Hydraulic Co Ltd SHSE:605389
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JiangSu Changling Hydraulic 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 ¥187 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 ¥187 Mil mean?
JiangSu Changling Hydraulic Co (SHSE:605389) has a EBIT of ¥187 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on JiangSu Changling Hydraulic Co.
Is JiangSu Changling Hydraulic Co's EBIT too high?
JiangSu Changling Hydraulic Co's current EBIT is ¥187 Mil. Overall, JiangSu Changling Hydraulic Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JiangSu Changling Hydraulic Co's EBIT compare to SNA and RBC?
JiangSu Changling Hydraulic Co's EBIT of ¥187 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 JiangSu Changling Hydraulic Co. JiangSu Changling Hydraulic Co's current EBIT is ¥187 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JiangSu Changling Hydraulic Co stock overvalued right now?
Based on GuruFocus' analysis, JiangSu Changling Hydraulic Co (SHSE:605389) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥28.79, compared to a current price of ¥72.78 — trading 152.8% above its estimated fair value. The current EBIT is ¥187 Mil. JiangSu Changling Hydraulic Co's overall GF Score™ is 61/100 with 3 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 JiangSu Changling Hydraulic Co (SHSE:605389), the current EBIT is ¥187 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 JiangSu Changling Hydraulic Co (SHSE:605389) Overvalued in 2026?

Based on GuruFocus' analysis, JiangSu Changling Hydraulic Co stock appears to be overvalued. The current stock price of ¥72.78 is trading 152.8% above its estimated GF Value™ of ¥28.79. GuruFocus considers JiangSu Changling Hydraulic Co to be Significantly Overvalued.

Key valuation signals for SHSE:605389:

  • EBIT: ¥187 Mil
  • GF Value™: ¥28.79 vs. price of ¥72.78 (152.8% above fair value)
  • GF Score™: 61/100 with 3 warning signs

No single metric tells the full story. See the SHSE:605389 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JiangSu Changling Hydraulic Co Business Description

Address 885 Yungu Road, Yunting Street, Jiangsu Province, Jiangyin, CHN, 214422
JiangSu Changling Hydraulic Co Ltd is engaged in the research and development, production, and sales of key hydraulic components for construction machinery. The main products are hydraulic central rotary joints for construction machinery and hydraulic crawler tensioners, hydraulic valves and others.
61GF Score

Get the complete analysis for SHSE:605389

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

¥72.78
Price
¥28.79
GF Value