Shanghai New Power Automotive Technology Co (SHSE:900920) EBIT: $460.1 Mil (TTM As of Mar. 2026)


SHSE:900920 Shanghai New Power Automotive Technology Co Ltd SHSE:900920
37 GF Score
Price $0.27
GF Value $0.21
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Shanghai New Power Automotive Technology Co EBIT?

Shanghai New Power Automotive Technology Co SHSE:900920 +2.24% 37 EBIT is $460.1 Mil as of Mar. 2026. GuruFocus rates SHSE:900920 with a GF Score™ of 37/100 and a GF Value™ of $0.21 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Shanghai New Power Automotive Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $6.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $460.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shanghai New Power Automotive Technology Co's annualized ROC % for the quarter that ended in Mar. 2026 was -0.60%. Shanghai New Power Automotive Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shanghai New Power Automotive Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 86.72%.

Shanghai New Power Automotive Technology Co  (SHSE:900920) EBIT Explanation

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

Shanghai New Power Automotive Technology 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 )
=-5.284 * ( 1 - 17.49% )/( (699.822 + 747.634)/ 2 )
=-4.3598284/723.728
=-0.60 %

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))
=1526.431 - 434.806 - ( 573.715 - max(0, 599.577 - 991.38+573.715))
=699.822

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))
=1619.394 - 488.101 - ( 498.178 - max(0, 666.097 - 1049.756+498.178))
=747.634

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

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

Shanghai New Power Automotive Technology 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 )
=25.78/( ( (131.208 + max(-451.1, 0)) + (131.658 + max(-362.412, 0)) )/ 2 )
=25.78/( ( 131.208 + 131.658 )/ 2 )
=25.78/131.433
=19.61 %

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)
=(50.931 + 91.106 + 4.088) - (434.806 + 0 + 162.419)
=-451.1

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(194.113 + 106.265 + 2.2280000000001) - (488.101 + 0 + 176.917)
=-362.412

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:

Shanghai New Power Automotive Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=460.064/530.527
=86.72 %

* 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.

Shanghai New Power Automotive Technology Co EBIT Related Terms

Shanghai New Power Automotive Technology Co EBIT Historical Data

* Premium members only.

The historical data trend for Shanghai New Power Automotive Technology 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.

Shanghai New Power Automotive Technology Co EBIT Chart

Shanghai New Power Automotive Technology 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 130.54 -201.72 -321.27 -254.99 429.66

Shanghai New Power Automotive Technology 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 -23.12 -5.31 -5.20 464.13 6.45

SHSE:900920 vs CAT, DE, PCAR: EBIT Comparison

For the Farm & Heavy Construction Machinery subindustry, Shanghai New Power Automotive Technology 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.

Shanghai New Power Automotive Technology Co EV-to-EBIT vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Shanghai New Power Automotive Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shanghai New Power Automotive Technology Co's EV-to-EBIT falls into.


SHSE:900920
37GF Score
Shanghai New Power Automotive Technology Co Ltd SHSE:900920
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai New Power Automotive Technology 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 $460.1 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 $460.1 Mil mean?
Shanghai New Power Automotive Technology Co (SHSE:900920) has a EBIT of $460.1 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shanghai New Power Automotive Technology Co.
Is Shanghai New Power Automotive Technology Co's EBIT too high?
Shanghai New Power Automotive Technology Co's current EBIT is $460.1 Mil. Overall, Shanghai New Power Automotive Technology Co has a GF Score™ of 37/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai New Power Automotive Technology Co's EBIT compare to CAT and DE?
Shanghai New Power Automotive Technology Co's EBIT of $460.1 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good EBIT depends on the Farm & Heavy Construction Machinery 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 Shanghai New Power Automotive Technology Co. Shanghai New Power Automotive Technology Co's current EBIT is $460.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai New Power Automotive Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai New Power Automotive Technology Co (SHSE:900920) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.21, compared to a current price of $0.27 — trading 30.5% above its estimated fair value. The current EBIT is $460.1 Mil. Shanghai New Power Automotive Technology Co's overall GF Score™ is 37/100 with 6 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 Shanghai New Power Automotive Technology Co (SHSE:900920), the current EBIT is $460.1 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 Shanghai New Power Automotive Technology Co (SHSE:900920) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai New Power Automotive Technology Co stock appears to be overvalued. The current stock price of $0.27 is trading 30.5% above its estimated GF Value™ of $0.21. GuruFocus considers Shanghai New Power Automotive Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:900920:

  • EBIT: $460.1 Mil
  • GF Value™: $0.21 vs. price of $0.27 (30.5% above fair value)
  • GF Score™: 37/100 with 6 warning signs

No single metric tells the full story. See the SHSE:900920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shanghai New Power Automotive Technology Co Business Description

Other Exchanges 600841:China
Address No. 2636 Jungong Road, Shanghai, CHN, 200438
Shanghai New Power Automotive Technology Co Ltd formerly Shanghai Diesel Engine Co Ltd is engaged in research, development, and manufacture of engines, engine parts, and generator set in China. Its products include truck engine, construction machinery engine, bus engine, agricultural machinery engine, power generation engine, marine engine, and generator set. The company distributes its products within the domestic market and to overseas markets.
37GF Score

Get the complete analysis for SHSE:900920

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

$0.27
Price
$0.21
GF Value