OKE Precision Cutting Tools Co (SHSE:688308) EBIT: ¥352 Mil (TTM As of Mar. 2026)


SHSE:688308 OKE Precision Cutting Tools Co Ltd SHSE:688308
68 GF Score
Price ¥176.80
GF Value ¥44.37
Valuation Significantly Overvalued
! 10 Warning Signs
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What is OKE Precision Cutting Tools Co EBIT?

OKE Precision Cutting Tools Co SHSE:688308 -5.79% 68 EBIT is ¥352 Mil as of Mar. 2026. GuruFocus rates SHSE:688308 with a GF Score™ of 68/100 and a GF Value™ of ¥44.37 (Significantly Overvalued). The stock has 10 warning signs investors should review.

OKE Precision Cutting Tools Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥244 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥352 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. OKE Precision Cutting Tools Co's annualized ROC % for the quarter that ended in Mar. 2026 was 24.46%. OKE Precision Cutting Tools Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 35.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. OKE Precision Cutting Tools Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.23%.


OKE Precision Cutting Tools Co  (SHSE:688308) EBIT Explanation

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

OKE Precision Cutting Tools 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 )
=1016.708 * ( 1 - 15.18% )/( (3250.029 + 3800.556)/ 2 )
=862.3717256/3525.2925
=24.46 %

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))
=3839.028 - 279.186 - ( 309.813 - max(0, 1062.71 - 1996.097+309.813))
=3250.029

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))
=4580.355 - 332.432 - ( 447.367 - max(0, 1560.044 - 2751.932+447.367))
=3800.556

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

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

OKE Precision Cutting Tools 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 )
=977.86/( ( (1679.105 + max(871.435, 0)) + (1660.147 + max(1261.169, 0)) )/ 2 )
=977.86/( ( 2550.54 + 2921.316 )/ 2 )
=977.86/2735.928
=35.74 %

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)
=(465.817 + 727.325 + 167.763) - (279.186 + 0 + 210.284)
=871.435

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(614.771 + 923.757 + 405.498) - (332.432 + 0 + 350.425)
=1261.169

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:

OKE Precision Cutting Tools Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=352.373/28588.210
=1.23 %

* 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.


OKE Precision Cutting Tools Co EBIT Related Terms


OKE Precision Cutting Tools Co EBIT Historical Data

* Premium members only.

The historical data trend for OKE Precision Cutting Tools 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.

OKE Precision Cutting Tools Co EBIT Chart

OKE Precision Cutting Tools Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only 256.69 272.33 187.24 76.12 116.91

OKE Precision Cutting Tools 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 9.00 -9.08 62.13 54.86 244.47

SHSE:688308 vs SNA, RBC, LECO: EBIT Comparison

For the Tools & Accessories subindustry, OKE Precision Cutting Tools 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.


OKE Precision Cutting Tools Co EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, OKE Precision Cutting Tools Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where OKE Precision Cutting Tools Co's EV-to-EBIT falls into.


SHSE:688308
68GF Score
OKE Precision Cutting Tools Co Ltd SHSE:688308
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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OKE Precision Cutting Tools 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 ¥352 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 ¥352 Mil mean?
OKE Precision Cutting Tools Co (SHSE:688308) has a EBIT of ¥352 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on OKE Precision Cutting Tools Co.
Is OKE Precision Cutting Tools Co's EBIT too high?
OKE Precision Cutting Tools Co's current EBIT is ¥352 Mil. Overall, OKE Precision Cutting Tools Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OKE Precision Cutting Tools Co's EBIT compare to SNA and RBC?
OKE Precision Cutting Tools Co's EBIT of ¥352 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 OKE Precision Cutting Tools Co. OKE Precision Cutting Tools Co's current EBIT is ¥352 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OKE Precision Cutting Tools Co stock overvalued right now?
Based on GuruFocus' analysis, OKE Precision Cutting Tools Co (SHSE:688308) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥44.37, compared to a current price of ¥176.80 — trading 298.5% above its estimated fair value. The current EBIT is ¥352 Mil. OKE Precision Cutting Tools Co's overall GF Score™ is 68/100 with 10 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 OKE Precision Cutting Tools Co (SHSE:688308), the current EBIT is ¥352 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 OKE Precision Cutting Tools Co (SHSE:688308) Overvalued in 2026?

Based on GuruFocus' analysis, OKE Precision Cutting Tools Co stock appears to be overvalued. The current stock price of ¥176.80 is trading 298.5% above its estimated GF Value™ of ¥44.37. GuruFocus considers OKE Precision Cutting Tools Co to be Significantly Overvalued.

Key valuation signals for SHSE:688308:

  • EBIT: ¥352 Mil
  • GF Value™: ¥44.37 vs. price of ¥176.80 (298.5% above fair value)
  • GF Score™: 68/100 with 10 warning signs

No single metric tells the full story. See the SHSE:688308 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OKE Precision Cutting Tools Co Business Description

Address No. 588, Majiahe Road, Jinlong Community, Tianyuan District, Hunan Province, Zhuzhou, CHN, 412007
OKE Precision Cutting Tools Co Ltd is engaged in the Research, development, production and sales of cemented carbide products and CNC cutting tools.
68GF Score

Get the complete analysis for SHSE:688308

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

¥176.80
Price
¥44.37
GF Value