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YTO Express Group Co (SHSE:600233) EBIT : ¥4,835 Mil (TTM As of Mar. 2024)


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What is YTO Express Group Co EBIT?

YTO Express Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥1,238 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥4,835 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. YTO Express Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 11.47%. YTO Express Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 25.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. YTO Express Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.65%.


YTO Express Group Co EBIT Historical Data

The historical data trend for YTO Express Group 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.

* Premium members only.

YTO Express Group Co EBIT Chart

YTO Express Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,373.55 2,261.73 2,898.39 5,184.94 4,792.89

YTO Express Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,195.76 1,261.62 1,041.32 1,294.17 1,238.02

Competitive Comparison of YTO Express Group Co's EBIT

For the Integrated Freight & Logistics subindustry, YTO Express Group 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.


YTO Express Group Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, YTO Express Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where YTO Express Group Co's EV-to-EBIT falls into.



YTO Express Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥4,835 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.


YTO Express Group Co  (SHSE:600233) EBIT Explanation

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

YTO Express Group Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=5053.22 * ( 1 - 22.67% )/( (33972.584 + 34169.345)/ 2 )
=3907.655026/34070.9645
=11.47 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=43367.04 - 7355.796 - ( 10235.29 - max(0, 12590.384 - 14629.044+10235.29))
=33972.584

Invested Capital(Q: Mar. 2024 )
=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))
=43185.259 - 6137.478 - ( 7878.239 - max(0, 11223.91 - 14102.346+7878.239))
=34169.345

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

YTO Express Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4952.088/( ( (19401.751 + max(-5246.31, 0)) + (19740.17 + max(-2163.337, 0)) )/ 2 )
=4952.088/( ( 19401.751 + 19740.17 )/ 2 )
=4952.088/19570.9605
=25.30 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1716.539 + 139.465 + 2342.487) - (7355.796 + 0 + 2089.005)
=-5246.31

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1716.583 + 136.74 + 4175.377) - (6137.478 + 0 + 2054.559)
=-2163.337

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

YTO Express Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=4835.144/55904.926
=8.65 %

* 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.


YTO Express Group Co EBIT Related Terms

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YTO Express Group Co (SHSE:600233) Business Description

Traded in Other Exchanges
N/A
Address
Xu Highway 3029, Huaxin Town, Qingpu District, Shanghai, CHN, 201705
YTO Express is one of the Tongda Operators—the top four national express delivery companies that use the network partner model. In this model, Tongdas provide line-haul transportation, sorting, and waybill services to their network partners for fees, while their local network partners provide first-mile pickup and last-mile delivery services under the Tongdas' brands and collect customer payments. The company was founded by Yu Huijiao in 2020. Yu remains chair and president with a 33.22% stake as of Sept. 30, 2023. Yu and Zhang Xiao Juan, who owned 2.15% of YTO as of that date, are persons acting in concert. YTO's strategic shareholder is leading China e-commerce company Alibaba Group and its affiliated companies, with around a 20.65% interest as of Dec. 2, 2023.
Executives
Ge Cheng Jie senior management
Lin Kai senior management
Li Xian Jun senior management
Pan Shui Miao Directors, senior managers
Wang Yan Ming Supervisors
Tao Li Chun Supervisors
Xu Zhang Qing senior management
Zhang Long Wu senior management
Wen Hang Ping senior management
Deng Xiao Bo senior management
Shi Dou Dou senior management
Liu Hai Director
Li Feng Director
Pan Li Xiang senior management
Hu Dong Mei Director

YTO Express Group Co (SHSE:600233) Headlines

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