Northern Solar Holdings Bhd (XKLS:0340) EBIT: RM22.4 Mil (TTM As of Mar. 2026)


XKLS:0340 Northern Solar Holdings Bhd XKLS:0340
19 GF Score
Price RM0.68
! 4 Warning Signs
View Full Analysis

What is Northern Solar Holdings Bhd EBIT?

Northern Solar Holdings Bhd XKLS:0340 +0.75% 19 EBIT is RM22.4 Mil as of Mar. 2026. GuruFocus rates XKLS:0340 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review.

Northern Solar Holdings Bhd's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was RM5.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was RM22.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Northern Solar Holdings Bhd's annualized ROC % for the quarter that ended in Mar. 2026 was 16.07%. Northern Solar Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 44.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Northern Solar Holdings Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.54%.

Northern Solar Holdings Bhd  (XKLS:0340) EBIT Explanation

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

Northern Solar Holdings Bhd'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 )
=14.38 * ( 1 - 38.33% )/( (51.511 + 58.853)/ 2 )
=8.868146/55.182
=16.07 %

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))
=114.684 - 20.621 - ( 42.552 - max(0, 24.33 - 92.268+42.552))
=51.511

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))
=123.885 - 19.732 - ( 45.3 - max(0, 30.985 - 100.166+45.3))
=58.853

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

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

Northern Solar Holdings Bhd'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 )
=20.636/( ( (22.175 + max(26.062, 0)) + (23.467 + max(20.964, 0)) )/ 2 )
=20.636/( ( 48.237 + 44.431 )/ 2 )
=20.636/46.334
=44.54 %

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)
=(34.93 + 13.544 + 0.0030000000000143) - (20.621 + 0 + 1.794)
=26.062

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(34.314 + 12.914 + 0.099999999999994) - (19.732 + 0 + 6.632)
=20.964

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:

Northern Solar Holdings Bhd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=22.418/235.028
=9.54 %

* 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.

Northern Solar Holdings Bhd EBIT Related Terms

Northern Solar Holdings Bhd EBIT Historical Data

* Premium members only.

The historical data trend for Northern Solar Holdings Bhd'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.

Northern Solar Holdings Bhd EBIT Chart

Northern Solar Holdings Bhd Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
3.40 7.54 13.25 17.86 22.42

Northern Solar Holdings Bhd Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.55 5.73 5.64 5.89 5.16

XKLS:0340 vs FSLR, NXT, ENPH: EBIT Comparison

For the Solar subindustry, Northern Solar Holdings Bhd'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.

Northern Solar Holdings Bhd EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Northern Solar Holdings Bhd's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Northern Solar Holdings Bhd's EV-to-EBIT falls into.


XKLS:0340
19GF Score
Northern Solar Holdings Bhd XKLS:0340
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northern Solar Holdings Bhd 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 RM22.4 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 RM22.4 Mil mean?
Northern Solar Holdings Bhd (XKLS:0340) has a EBIT of RM22.4 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Northern Solar Holdings Bhd.
Is Northern Solar Holdings Bhd's EBIT too high?
Northern Solar Holdings Bhd's current EBIT is RM22.4 Mil. Overall, Northern Solar Holdings Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Northern Solar Holdings Bhd's EBIT compare to FSLR and NXT?
Northern Solar Holdings Bhd's EBIT of RM22.4 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good EBIT depends on the Semiconductors 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 Northern Solar Holdings Bhd. Northern Solar Holdings Bhd's current EBIT is RM22.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Solar Holdings Bhd stock overvalued right now?
Northern Solar Holdings Bhd (XKLS:0340) has a current EBIT of RM22.4 Mil. The current EBIT is RM22.4 Mil. Northern Solar Holdings Bhd's overall GF Score™ is 19/100 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 Northern Solar Holdings Bhd (XKLS:0340), the current EBIT is RM22.4 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.

Northern Solar Holdings Bhd Business Description

Address No. 3, Jalan SS20/27, Units 8-01 and 8-02, Level 8, Menara Lagenda, Petaling Jaya, SGR, MYS, 47400
Northern Solar Holdings Bhd Group is principally involved in the EPCC of solar PV systems, Generation of renewable energy, and O&M of solar PV equipment and systems. Its EPCC of solar PV systems involves the provision of engineering design and planning, procurement and supply, construction, installation, testing, and commissioning of solar PV systems for commercial, industrial, and residential buildings. The Group owns, operates, and maintains rooftop solar PV systems that generate and sell electricity to NEM and SELCO consumers in Peninsular Malaysia. Its O&M of solar PV equipment and systems involves providing O&M services for solar PV equipment and systems installed in commercial, industrial, & residential buildings. The majority of revenue is derived from the EPCC of solar PV systems.
19GF Score

Get the complete analysis for XKLS:0340

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

RM0.68
Price