China National Accord Medicines (SZSE:000028) EBIT: ¥1,592 Mil (TTM As of Jun. 2026)

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SZSE:000028 China National Accord Medicines Corp Ltd SZSE:000028
57 GF Score
Price ¥20.00
! 6 Warning Signs
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What is China National Accord Medicines EBIT?

China National Accord Medicines SZSE:000028 +1.01% 57 EBIT is ¥1,592 Mil as of Jun. 2026. GuruFocus rates SZSE:000028 with a GF Score™ of 57/100. The stock has 6 warning signs investors should review.

China National Accord Medicines's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was ¥487 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was ¥1,592 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China National Accord Medicines's annualized ROC % for the quarter that ended in Jun. 2026 was 6.07%. China National Accord Medicines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 16.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China National Accord Medicines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 13.34%.


China National Accord Medicines  (SZSE:000028) EBIT Explanation

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

China National Accord Medicines's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=1671.08 * ( 1 - 23.95% )/( (21700.637 + 20148.761)/ 2 )
=1270.85634/20924.699
=6.07 %

where

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))
=49123.776 - 22243.983 - ( 5179.156 - max(0, 25897.592 - 40308.348+5179.156))
=21700.637

Invested Capital(Q: Jun. 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))
=48170.514 - 22088.781 - ( 5932.972 - max(0, 25003.504 - 39488.673+5932.972))
=20148.761

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

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

China National Accord Medicines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1949.512/( ( (2557.773 + max(10315.748, 0)) + (2485.011 + max(9014.613, 0)) )/ 2 )
=1949.512/( ( 12873.521 + 11499.624 )/ 2 )
=1949.512/12186.5725
=16.00 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23899.129 + 8473.67 + 607.2) - (22243.983 + 0 + 420.268)
=10315.748

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22770.851 + 8158.401 + 570.028) - (22088.781 + 0 + 395.886)
=9014.613

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

China National Accord Medicines's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=1591.872/11933.654
=13.34 %

* 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.


China National Accord Medicines EBIT Related Terms


China National Accord Medicines EBIT Historical Data

* Premium members only.

The historical data trend for China National Accord Medicines'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.

China National Accord Medicines EBIT Chart

China National Accord Medicines 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 2,262.89 2,572.98 2,721.61 833.77 1,703.52

China National Accord Medicines Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 527.26 439.76 254.55 410.19 487.38

SZSE:000028 vs MCK, COR, CAH: EBIT Comparison

For the Medical Distribution subindustry, China National Accord Medicines'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.


China National Accord Medicines EV-to-EBIT vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, China National Accord Medicines's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China National Accord Medicines's EV-to-EBIT falls into.


SZSE:000028
57GF Score
China National Accord Medicines Corp Ltd SZSE:000028
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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China National Accord Medicines 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,592 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 ¥1,592 Mil mean?
China National Accord Medicines (SZSE:000028) has a EBIT of ¥1,592 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on China National Accord Medicines.
Is China National Accord Medicines' EBIT too high?
China National Accord Medicines' current EBIT is ¥1,592 Mil. Overall, China National Accord Medicines has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does China National Accord Medicines' EBIT compare to MCK and COR?
China National Accord Medicines' EBIT of ¥1,592 Mil can be compared against companies in the Medical Distribution 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 Medical Distribution company?
A good EBIT depends on the Medical Distribution 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 China National Accord Medicines. China National Accord Medicines's current EBIT is ¥1,592 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China National Accord Medicines stock overvalued right now?
China National Accord Medicines (SZSE:000028) has a current EBIT of ¥1,592 Mil. The current EBIT is ¥1,592 Mil. China National Accord Medicines' overall GF Score™ is 57/100 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 China National Accord Medicines (SZSE:000028), the current EBIT is ¥1,592 Mil as of Jun. 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.

China National Accord Medicines Business Description

Other Exchanges 200028:China
Address No. 15, Ba Gua Si 4th Road, Accord Pharmaceutical Building, Futian District, Guangdong Province, Shenzhen, CHN, 518029
China National Accord Medicines Corp Ltd develops and manufactures pharmaceuticals in China. The company engaged in the wholesale of Chinese patent drugs, traditional Chinese medicines, chemical medicine preparations, antibiotics, biochemical drugs and cerebrovascular system drugs. It operates through the following segments: The Head office segment engages in investing and managing the business; The Pharmaceutical Distribution segment engages in the distribution of medicine and pharmaceutical products to customers, including hospitals, other distributors, retail drug stores, and clinics, and Retail pharmacy segment, which is managing the operation of Guoda Pharmacy. It generates maximum revenue from the Pharmaceutical Distribution segment.
57GF Score

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

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