GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Eastern Pioneer Driving School Co Ltd (SHSE:603377) » Definitions » EBIT

Eastern Pioneer Driving School Co (SHSE:603377) EBIT : ¥-256 Mil (TTM As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Eastern Pioneer Driving School Co EBIT?

Eastern Pioneer Driving School Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-24 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-256 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Eastern Pioneer Driving School Co's annualized ROC % for the quarter that ended in Mar. 2024 was -1.73%. Eastern Pioneer Driving School Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -3.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Eastern Pioneer Driving School Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -11.40%.


Eastern Pioneer Driving School Co EBIT Historical Data

The historical data trend for Eastern Pioneer Driving School 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.

Eastern Pioneer Driving School Co EBIT Chart

Eastern Pioneer Driving School 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 391.39 249.79 254.77 50.20 -235.84

Eastern Pioneer Driving School 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 -3.79 66.69 61.90 -360.65 -23.55

Competitive Comparison of Eastern Pioneer Driving School Co's EBIT

For the Education & Training Services subindustry, Eastern Pioneer Driving School 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.


Eastern Pioneer Driving School Co's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Eastern Pioneer Driving School Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Eastern Pioneer Driving School Co's EV-to-EBIT falls into.



Eastern Pioneer Driving School 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 ¥-256 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.


Eastern Pioneer Driving School Co  (SHSE:603377) EBIT Explanation

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

Eastern Pioneer Driving School 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 )
=-92.304 * ( 1 - 0.39% )/( (5363.905 + 5257.424)/ 2 )
=-91.9440144/5310.6645
=-1.73 %

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))
=4814.579 - 476.818 - ( 105.003 - max(0, 1755.855 - 729.711+105.003))
=5363.905

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))
=4694.556 - 475.209 - ( 82.138 - max(0, 1733.135 - 695.058+82.138))
=5257.424

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

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

Eastern Pioneer Driving School 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 )
=-94.196/( ( (2568.747 + max(-745.297, 0)) + (2509.626 + max(-756.884, 0)) )/ 2 )
=-94.196/( ( 2568.747 + 2509.626 )/ 2 )
=-94.196/2539.1865
=-3.71 %

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)
=(23.441 + 58.39 + 102.452) - (476.818 + 0 + 452.762)
=-745.297

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.077 + 57.143 + 100.833) - (475.209 + 0 + 460.728)
=-756.884

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:

Eastern Pioneer Driving School Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-255.6/2242.513
=-11.40 %

* 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.


Eastern Pioneer Driving School Co EBIT Related Terms

Thank you for viewing the detailed overview of Eastern Pioneer Driving School Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Eastern Pioneer Driving School Co (SHSE:603377) Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Jinxing West Road, Daxing District, Beijing, CHN, 102600
Eastern Pioneer Driving School Co Ltd is a China-based company engaged in providing training services for motor vehicle drivers. It also offers sparring service, car repair services, car insurance agents and other auto-related services and consumer products. In addition, the company carries out traffic safety publicity and education activities, focusing on cultivating traffic safety awareness.
Executives
Zuo Fei Director

Eastern Pioneer Driving School Co (SHSE:603377) Headlines

No Headlines