Shining Building Business Co (TPE:5531) EBIT: NT$313 Mil (TTM As of Dec. 2025)


TPE:5531 Shining Building Business Co Ltd TPE:5531
41 GF Score
Price NT$7.95
GF Value NT$3.07
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Shining Building Business Co EBIT?

Shining Building Business Co TPE:5531 +0.51% 41 EBIT is NT$313 Mil as of Dec. 2025. GuruFocus rates TPE:5531 with a GF Score™ of 41/100 and a GF Value™ of NT$3.07 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Shining Building Business Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$-0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$313 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shining Building Business Co's annualized ROC % for the quarter that ended in Dec. 2025 was -2.23%. Shining Building Business Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shining Building Business Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1.13%.


Shining Building Business Co  (TPE:5531) EBIT Explanation

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

Shining Building Business Co's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-780.076 * ( 1 - 3.35% )/( (33322.396 + 34425.554)/ 2 )
=-753.943454/33873.975
=-2.23 %

where

Invested Capital(Q: Sep. 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))
=42783.595 - 9439.679 - ( 1197.746 - max(0, 20344.879 - 20366.399+1197.746))
=33322.396

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))
=44628.678 - 10171.435 - ( 1332.388 - max(0, 21727.056 - 21758.745+1332.388))
=34425.554

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Shining Building Business Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.092/( ( (9952.903 + max(6768.87, 0)) + (10305.993 + max(7036.976, 0)) )/ 2 )
=-0.092/( ( 16721.773 + 17342.969 )/ 2 )
=-0.092/17032.371
=-0.00 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.041 + 17316.073 + 393.075) - (9439.679 + 0 + 1521.64)
=6768.87

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22.492 + 18448.502 + 408.94) - (10171.435 + 0 + 1671.523)
=7036.976

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

Shining Building Business Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=313.339/27840.424
=1.13 %

* 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.


Shining Building Business Co EBIT Related Terms


Shining Building Business Co EBIT Historical Data

* Premium members only.

The historical data trend for Shining Building Business 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.

Shining Building Business Co EBIT Chart

Shining Building Business 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 -152.15 -1,226.92 379.40 483.80 313.34

Shining Building Business Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 539.72 -145.20 -111.12 569.68 -0.02

TPE:5531 vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Shining Building Business 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.


Shining Building Business Co EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Shining Building Business Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shining Building Business Co's EV-to-EBIT falls into.


TPE:5531
41GF Score
Shining Building Business Co Ltd TPE:5531
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Shining Building Business 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$313 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 NT$313 Mil mean?
Shining Building Business Co (TPE:5531) has a EBIT of NT$313 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shining Building Business Co.
Is Shining Building Business Co's EBIT too high?
Shining Building Business Co's current EBIT is NT$313 Mil. Overall, Shining Building Business Co has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shining Building Business Co's EBIT compare to PWR and FIX?
Shining Building Business Co's EBIT of NT$313 Mil can be compared against companies in the Construction 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 Construction company?
A good EBIT depends on the Construction 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 Shining Building Business Co. Shining Building Business Co's current EBIT is NT$313 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shining Building Business Co stock overvalued right now?
Based on GuruFocus' analysis, Shining Building Business Co (TPE:5531) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$3.07, compared to a current price of NT$7.95 — trading 159% above its estimated fair value. The current EBIT is NT$313 Mil. Shining Building Business Co's overall GF Score™ is 41/100 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 Shining Building Business Co (TPE:5531), the current EBIT is NT$313 Mil as of Dec. 2025. 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 Shining Building Business Co (TPE:5531) Overvalued in 2026?

Based on GuruFocus' analysis, Shining Building Business Co stock appears to be overvalued. The current stock price of NT$7.95 is trading 159% above its estimated GF Value™ of NT$3.07. GuruFocus considers Shining Building Business Co to be Significantly Overvalued.

Key valuation signals for TPE:5531:

  • EBIT: NT$313 Mil
  • GF Value™: NT$3.07 vs. price of NT$7.95 (159% above fair value)
  • GF Score™: 41/100 with 9 warning signs

No single metric tells the full story. See the TPE:5531 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shining Building Business Co Business Description

Address No. 408, Sec. 2,Taiwan Boulevard, West District, Taichung City, TWN
Shining Building Business Co Ltd is engaged in the business of entrusting construction firms to build commercial buildings, and rent and sell public housing. The company operates through three business segments. i) Building unit: It is engaged in the business of building commercial buildings and renting and selling public housing. ii) Construction unit: It is engaged in construction and civil engineering, and iii) Other units: It is mainly engaged in hotel construction and real estate development and general investment. The majority of revenue is derived from the Building unit.
41GF Score

Get the complete analysis for TPE:5531

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

NT$7.95
Price
NT$3.07
GF Value