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Junhe Pumps Holding Co (SHSE:603617) EBIT : ¥73.1 Mil (TTM As of Mar. 2024)


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What is Junhe Pumps Holding Co EBIT?

Junhe Pumps Holding Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥29.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥73.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Junhe Pumps Holding Co's annualized ROC % for the quarter that ended in Mar. 2024 was 3.25%. Junhe Pumps Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 14.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Junhe Pumps Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.16%.


Junhe Pumps Holding Co EBIT Historical Data

The historical data trend for Junhe Pumps Holding 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.

Junhe Pumps Holding Co EBIT Chart

Junhe Pumps Holding 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 93.17 117.74 130.71 96.85 58.34

Junhe Pumps Holding 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 14.75 10.25 35.02 -1.68 29.53

Competitive Comparison of Junhe Pumps Holding Co's EBIT

For the Tools & Accessories subindustry, Junhe Pumps Holding 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.


Junhe Pumps Holding Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Junhe Pumps Holding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Junhe Pumps Holding Co's EV-to-EBIT falls into.



Junhe Pumps Holding 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 ¥73.1 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.


Junhe Pumps Holding Co  (SHSE:603617) EBIT Explanation

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

Junhe Pumps Holding 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 )
=65.704 * ( 1 - 31.84% )/( (1334.671 + 1418.425)/ 2 )
=44.7838464/1376.548
=3.25 %

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))
=2113.676 - 240.378 - ( 802.325 - max(0, 685.844 - 1224.471+802.325))
=1334.671

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))
=2185.604 - 238.185 - ( 802.848 - max(0, 736.272 - 1265.266+802.848))
=1418.425

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

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

Junhe Pumps Holding 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 )
=118.132/( ( (657.772 + max(147.14, 0)) + (693.943 + max(186.76, 0)) )/ 2 )
=118.132/( ( 804.912 + 880.703 )/ 2 )
=118.132/842.8075
=14.02 %

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)
=(184.001 + 208.999 + 19.175) - (240.378 + 0 + 24.657)
=147.14

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(213.906 + 193.357 + 41.771) - (238.185 + 0 + 24.089)
=186.76

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:

Junhe Pumps Holding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=73.117/1759.471
=4.16 %

* 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.


Junhe Pumps Holding Co EBIT Related Terms

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Junhe Pumps Holding Co (SHSE:603617) Business Description

Traded in Other Exchanges
N/A
Address
Yin Western Avenue, Haishu District, Zhejiang Province, Ningbo City, CHN, 315171
Junhe Pumps Holding Co Ltd is mainly engaged in the research and development, design and manufacture of household pump products in China. It products portfolio includes such as submersible pumps, garden pumps, deep well pumps and fountain pumps. Its products are widely used in household water supply and drainage, sewage, garden and agricultural irrigation, home cleaning and landscaping and other fields.
Executives
Xu Hai Liang senior management
Lin Shan Shan Directors, senior managers
Chen Jia Wei senior management
Fan Chao Chun senior management
Yang Chun Hai Supervisors
Zheng Jian Xiang Supervisors
Hu Li Bo Director
Zhou Hui Qin Directors, senior managers
Dong Gui Ping Supervisors
Zhang Jun Bo Director
Zhang Yi Peng Director
Jiang Liang Bo senior management
Zhang A Hua Director

Junhe Pumps Holding Co (SHSE:603617) Headlines

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