Newater Technology's EBIT is $4.7M, below the sector sector average of $2.6T.
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+ FollowAs of Jun 30, 2020
Trailing 12 months ending Jun 30, 2020
Newater Technology's ebit stands at $4.7M as of June 2020. That is below the sector sector average of $2.6T. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Newater Technology sits lower the its sector benchmark ($2.6T) with a EBIT of $4.7M. That is roughly 100.0% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
Open the history chart to see whether Newater Technology's EBIT is expanding or contracting. Sustained growth in EBIT can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.
The history chart shows how Newater Technology's EBIT evolved across reporting periods, while the comparison chart places NEWA next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.