Shengkai Innovations EBIT

Shengkai Innovations posts a EBIT of $-1.1M as of March 2013. That compares with $-13M in the prior-year period — up 91.1% year over year. That is below the Industrials sector average of $160B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Shengkai Innovations's EBIT was $-13M. The latest reading is $-1.1M — a 91.1% year-over-year increase (period ending March 2013). Use the history and growth charts on this page for a longer lookback.

For Industrials stocks, a EBIT near $160B is typical. Shengkai Innovations's $-1.1M is lower that level. That is roughly 100.0% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

EBIT is one piece of Shengkai Innovations's financial statement story. At $-1.1M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for VALV's EBIT usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $160B), and (3) consistency with growth and profitability. This page covers the first two; Shengkai Innovations's other metric pages and overview cover the third.