XTC New Energy Materials (Xiamen) Co (SHSE:688778) EBIT: ¥994 Mil (TTM As of Mar. 2026)


SHSE:688778 XTC New Energy Materials (Xiamen) Co Ltd SHSE:688778
84 GF Score
Price ¥52.06
GF Value ¥62.28
Valuation Modestly Undervalued
! 4 Warning Signs
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What is XTC New Energy Materials (Xiamen) Co EBIT?

XTC New Energy Materials (Xiamen) Co SHSE:688778 -6.03% 84 EBIT is ¥994 Mil as of Mar. 2026. GuruFocus rates SHSE:688778 with a GF Score™ of 84/100 and a GF Value™ of ¥62.28 (Modestly Undervalued). The stock has 4 warning signs investors should review.

XTC New Energy Materials (Xiamen) Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥262 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥994 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. XTC New Energy Materials (Xiamen) Co's annualized ROC % for the quarter that ended in Mar. 2026 was 13.79%. XTC New Energy Materials (Xiamen) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. XTC New Energy Materials (Xiamen) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.95%.

XTC New Energy Materials (Xiamen) Co  (SHSE:688778) EBIT Explanation

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

XTC New Energy Materials (Xiamen) 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 )
=1358.036 * ( 1 - 12.09% )/( (8601.465 + 8708.197)/ 2 )
=1193.8494476/8654.831
=13.79 %

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))
=21957.614 - 11302.364 - ( 2053.785 - max(0, 12040.972 - 15223.838+2053.785))
=8601.465

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))
=22700.178 - 12030.643 - ( 1961.338 - max(0, 12296.808 - 15999.547+1961.338))
=8708.197

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

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

XTC New Energy Materials (Xiamen) 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 )
=1049.964/( ( (5557.678 + max(29.937, 0)) + (5520.393 + max(1237.075, 0)) )/ 2 )
=1049.964/( ( 5587.615 + 6757.468 )/ 2 )
=1049.964/6172.5415
=17.01 %

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)
=(4026.782 + 6822.431 + 659.134) - (11302.364 + 0 + 176.046)
=29.937

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3744.831 + 8757.351 + 906.49) - (12030.643 + 0 + 140.954)
=1237.075

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:

XTC New Energy Materials (Xiamen) Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=993.97/25183.525
=3.95 %

* 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.

XTC New Energy Materials (Xiamen) Co EBIT Related Terms

XTC New Energy Materials (Xiamen) Co EBIT Historical Data

* Premium members only.

The historical data trend for XTC New Energy Materials (Xiamen) 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.

XTC New Energy Materials (Xiamen) Co EBIT Chart

XTC New Energy Materials (Xiamen) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only 712.20 1,300.40 603.51 578.95 870.98

XTC New Energy Materials (Xiamen) 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 139.50 208.98 276.33 246.17 262.49

SHSE:688778 vs VRT, BE: EBIT Comparison

For the Electrical Equipment & Parts subindustry, XTC New Energy Materials (Xiamen) 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.

XTC New Energy Materials (Xiamen) Co EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, XTC New Energy Materials (Xiamen) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where XTC New Energy Materials (Xiamen) Co's EV-to-EBIT falls into.


SHSE:688778
84GF Score
XTC New Energy Materials (Xiamen) Co Ltd SHSE:688778
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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XTC New Energy Materials (Xiamen) 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 ¥994 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 ¥994 Mil mean?
XTC New Energy Materials (Xiamen) Co (SHSE:688778) has a EBIT of ¥994 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on XTC New Energy Materials (Xiamen) Co.
Is XTC New Energy Materials (Xiamen) Co's EBIT too high?
XTC New Energy Materials (Xiamen) Co's current EBIT is ¥994 Mil. Overall, XTC New Energy Materials (Xiamen) Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does XTC New Energy Materials (Xiamen) Co's EBIT compare to VRT and BE?
XTC New Energy Materials (Xiamen) Co's EBIT of ¥994 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 XTC New Energy Materials (Xiamen) Co. XTC New Energy Materials (Xiamen) Co's current EBIT is ¥994 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XTC New Energy Materials (Xiamen) Co stock overvalued right now?
Based on GuruFocus' analysis, XTC New Energy Materials (Xiamen) Co (SHSE:688778) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥62.28, compared to a current price of ¥52.06 — trading 16.4% below its estimated fair value. The current EBIT is ¥994 Mil. XTC New Energy Materials (Xiamen) Co's overall GF Score™ is 84/100 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 XTC New Energy Materials (Xiamen) Co (SHSE:688778), the current EBIT is ¥994 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 XTC New Energy Materials (Xiamen) Co (SHSE:688778) Overvalued in 2026?

Based on GuruFocus' analysis, XTC New Energy Materials (Xiamen) Co stock appears to be undervalued. The current stock price of ¥52.06 is trading 16.4% below its estimated GF Value™ of ¥62.28. GuruFocus considers XTC New Energy Materials (Xiamen) Co to be Modestly Undervalued.

Key valuation signals for SHSE:688778:

  • EBIT: ¥994 Mil
  • GF Value™: ¥62.28 vs. price of ¥52.06 (16.4% below fair value)
  • GF Score™: 84/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

XTC New Energy Materials (Xiamen) Co Business Description

Address One of No. 300 Kejingshe, Fujian Pilot Free Trade Zone, Xiamen, CHN, 361026
XTC New Energy Materials (Xiamen) Co Ltd is engaged in the research and development, production and sales of cathode materials for lithium-ion batteries.
84GF Score

Get the complete analysis for SHSE:688778

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

¥52.06
Price
¥62.28
GF Value