Shenzhen Qingyi Photomask (SHSE:688138) EBIT: ¥232 Mil (TTM As of Mar. 2026)


SHSE:688138 Shenzhen Qingyi Photomask Ltd SHSE:688138
83 GF Score
Price ¥47.05
GF Value ¥30.49
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Shenzhen Qingyi Photomask EBIT?

Shenzhen Qingyi Photomask SHSE:688138 +10.58% 83 EBIT is ¥232 Mil as of Mar. 2026. GuruFocus rates SHSE:688138 with a GF Score™ of 83/100 and a GF Value™ of ¥30.49 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Shenzhen Qingyi Photomask's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥69 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥232 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen Qingyi Photomask's annualized ROC % for the quarter that ended in Mar. 2026 was 7.57%. Shenzhen Qingyi Photomask's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen Qingyi Photomask's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.54%.


Shenzhen Qingyi Photomask  (SHSE:688138) EBIT Explanation

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

Shenzhen Qingyi Photomask'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 )
=275.916 * ( 1 - 13.43% )/( (3072.842 + 3238.624)/ 2 )
=238.8604812/3155.733
=7.57 %

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))
=3928.76 - 286.061 - ( 638.588 - max(0, 771.81 - 1341.667+638.588))
=3072.842

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))
=3974.155 - 317.858 - ( 417.673 - max(0, 756.533 - 1198.679+417.673))
=3238.624

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

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

Shenzhen Qingyi Photomask'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 )
=274.116/( ( (2436.373 + max(382.332, 0)) + (2545.947 + max(417.392, 0)) )/ 2 )
=274.116/( ( 2818.705 + 2963.339 )/ 2 )
=274.116/2891.022
=9.48 %

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)
=(273.121 + 237.763 + 158.321) - (286.061 + 0 + 0.8119999999999)
=382.332

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(333.409 + 216.829 + 186.137) - (317.858 + 0 + 1.125)
=417.392

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:

Shenzhen Qingyi Photomask's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=232.065/15107.520
=1.54 %

* 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.


Shenzhen Qingyi Photomask EBIT Related Terms


Shenzhen Qingyi Photomask EBIT Historical Data

* Premium members only.

The historical data trend for Shenzhen Qingyi Photomask'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.

Shenzhen Qingyi Photomask EBIT Chart

Shenzhen Qingyi Photomask 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 58.20 106.33 155.68 215.19 232.16

Shenzhen Qingyi Photomask 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 68.63 54.00 64.11 45.43 68.53

SHSE:688138 vs APH, GLW: EBIT Comparison

For the Electronic Components subindustry, Shenzhen Qingyi Photomask'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.


Shenzhen Qingyi Photomask EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Qingyi Photomask's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shenzhen Qingyi Photomask's EV-to-EBIT falls into.


SHSE:688138
83GF Score
Shenzhen Qingyi Photomask Ltd SHSE:688138
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Qingyi Photomask 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 ¥232 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 ¥232 Mil mean?
Shenzhen Qingyi Photomask (SHSE:688138) has a EBIT of ¥232 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shenzhen Qingyi Photomask.
Is Shenzhen Qingyi Photomask's EBIT too high?
Shenzhen Qingyi Photomask's current EBIT is ¥232 Mil. Overall, Shenzhen Qingyi Photomask has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Qingyi Photomask's EBIT compare to APH and GLW?
Shenzhen Qingyi Photomask's EBIT of ¥232 Mil can be compared against companies in the Hardware 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 Hardware company?
A good EBIT depends on the Hardware 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 Shenzhen Qingyi Photomask. Shenzhen Qingyi Photomask's current EBIT is ¥232 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Qingyi Photomask stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Qingyi Photomask (SHSE:688138) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥30.49, compared to a current price of ¥47.05 — trading 54.3% above its estimated fair value. The current EBIT is ¥232 Mil. Shenzhen Qingyi Photomask's overall GF Score™ is 83/100 with 9 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 Shenzhen Qingyi Photomask (SHSE:688138), the current EBIT is ¥232 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 Shenzhen Qingyi Photomask (SHSE:688138) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Qingyi Photomask stock appears to be overvalued. The current stock price of ¥47.05 is trading 54.3% above its estimated GF Value™ of ¥30.49. GuruFocus considers Shenzhen Qingyi Photomask to be Significantly Overvalued.

Key valuation signals for SHSE:688138:

  • EBIT: ¥232 Mil
  • GF Value™: ¥30.49 vs. price of ¥47.05 (54.3% above fair value)
  • GF Score™: 83/100 with 9 warning signs

No single metric tells the full story. See the SHSE:688138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Qingyi Photomask Business Description

Address Road Langshang two, North of High-tech Park, Building QingYi Photoelectric, Shenzhen, CHN
Shenzhen Qingyi Photomask Ltd is a manufacturer of high precision mask that integrates research, design, production and sales with the technology in China. Its products include TFT, color STN, STN and TNLCD chrome plate mask, EL, OLED chrome plate mask; PDP, VFD chrome plate mask, and IC capsulation, HDI, including chrome plate mask and dry mask, such as BGA, CSP, and BUMPING.
83GF Score

Get the complete analysis for SHSE:688138

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

¥47.05
Price
¥30.49
GF Value