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Ningbo Fujia Industrial Co (SHSE:603219) EBIT : ¥336 Mil (TTM As of Mar. 2024)


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What is Ningbo Fujia Industrial Co EBIT?

Ningbo Fujia Industrial Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥59 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥336 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ningbo Fujia Industrial Co's annualized ROC % for the quarter that ended in Mar. 2024 was 12.06%. Ningbo Fujia Industrial Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 35.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ningbo Fujia Industrial Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.62%.


Ningbo Fujia Industrial Co EBIT Historical Data

The historical data trend for Ningbo Fujia Industrial 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.

Ningbo Fujia Industrial Co EBIT Chart

Ningbo Fujia Industrial Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 105.86 207.36 276.94 405.70 309.66

Ningbo Fujia Industrial Co Quarterly Data
Dec17 Dec18 Dec19 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 32.98 95.09 101.66 79.93 59.33

Competitive Comparison of Ningbo Fujia Industrial Co's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Ningbo Fujia Industrial 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.


Ningbo Fujia Industrial Co's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ningbo Fujia Industrial Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ningbo Fujia Industrial Co's EV-to-EBIT falls into.



Ningbo Fujia Industrial 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 ¥336 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.


Ningbo Fujia Industrial Co  (SHSE:603219) EBIT Explanation

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

Ningbo Fujia Industrial 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 )
=138.656 * ( 1 - 16.33% )/( (964.107 + 959.829)/ 2 )
=116.0134752/961.968
=12.06 %

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))
=2692.6 - 931.69 - ( 796.803 - max(0, 1031.894 - 1957.747+796.803))
=964.107

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))
=2603.232 - 752.348 - ( 891.055 - max(0, 921.793 - 1819.842+891.055))
=959.829

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

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

Ningbo Fujia Industrial 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 )
=237.336/( ( (501.588 + max(185.098, 0)) + (500.432 + max(149.501, 0)) )/ 2 )
=237.336/( ( 686.686 + 649.933 )/ 2 )
=237.336/668.3095
=35.51 %

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)
=(769.666 + 291.101 + 63.93) - (931.69 + 0 + 7.909)
=185.098

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(488.288 + 399.138 + 26.342) - (752.348 + 0 + 11.919)
=149.501

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:

Ningbo Fujia Industrial Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=336.016/7274.982
=4.62 %

* 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.


Ningbo Fujia Industrial Co EBIT Related Terms

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Ningbo Fujia Industrial Co (SHSE:603219) Business Description

Traded in Other Exchanges
N/A
Address
No. 303, Chang'an Road, Yangming Stree, Zhejiang Province, Yuyao, CHN, 315400
Ningbo Fujia Industrial Co Ltd is engaged in the research and development, design, production and sales of intelligent cleaning small household appliances such as vacuum cleaners, sweeping robots, and important components such as brushless motors.
Executives
Sun Ya Fang Supervisors
Chen Ang Liang senior management
Huang Jian Long Supervisors
Yu Shi Guo Director
Ying Ying senior management
Shen Xue Jun Supervisors
Luo Jun Bin Directors, senior managers
Tu Zi Qun Directors, senior managers

Ningbo Fujia Industrial Co (SHSE:603219) Headlines

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