GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hainan Jingliang Holdings Co Ltd (SZSE:000505) » Definitions » EBIT

Hainan Jingliang Holdings Co (SZSE:000505) EBIT : ¥175 Mil (TTM As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Hainan Jingliang Holdings Co EBIT?

Hainan Jingliang Holdings Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥175 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hainan Jingliang Holdings Co's annualized ROC % for the quarter that ended in Mar. 2024 was 3.45%. Hainan Jingliang Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hainan Jingliang Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.83%.


Hainan Jingliang Holdings Co EBIT Historical Data

The historical data trend for Hainan Jingliang Holdings 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.

Hainan Jingliang Holdings Co EBIT Chart

Hainan Jingliang Holdings 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 307.00 317.08 357.79 271.32 202.43

Hainan Jingliang Holdings 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 74.81 67.75 26.62 33.26 47.32

Competitive Comparison of Hainan Jingliang Holdings Co's EBIT

For the Packaged Foods subindustry, Hainan Jingliang Holdings 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.


Hainan Jingliang Holdings Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hainan Jingliang Holdings Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hainan Jingliang Holdings Co's EV-to-EBIT falls into.



Hainan Jingliang Holdings 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 ¥175 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.


Hainan Jingliang Holdings Co  (SZSE:000505) EBIT Explanation

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

Hainan Jingliang Holdings 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 )
=231.116 * ( 1 - 27.86% )/( (4747.024 + 4918.171)/ 2 )
=166.7270824/4832.5975
=3.45 %

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))
=6496.783 - 206.373 - ( 1543.386 - max(0, 2034.147 - 4460.19+1543.386))
=4747.024

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))
=7044.472 - 496.941 - ( 1629.36 - max(0, 2570.366 - 5016.041+1629.36))
=4918.171

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

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

Hainan Jingliang Holdings 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 )
=189.292/( ( (1097.875 + max(1916.476, 0)) + (1078.616 + max(1737.776, 0)) )/ 2 )
=189.292/( ( 3014.351 + 2816.392 )/ 2 )
=189.292/2915.3715
=6.49 %

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)
=(115.78 + 2041.86 + 453.562) - (206.373 + 0 + 488.353)
=1916.476

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(286.806 + 1963.52 + 615.96) - (496.941 + 0 + 631.569)
=1737.776

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:

Hainan Jingliang Holdings Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=174.946/4563.245
=3.83 %

* 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.


Hainan Jingliang Holdings Co EBIT Related Terms

Thank you for viewing the detailed overview of Hainan Jingliang Holdings Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Hainan Jingliang Holdings Co (SZSE:000505) Business Description

Traded in Other Exchanges
Address
Binhai Avenue, 29th Floor, Dihao Building, Pearl River Square, Hainan Province, Haikou, CHN, 570125
Website
Hainan Jingliang Holdings Co Ltd is a food processing industry. It is engaged in the processing, production, and sales of foodstuffs, agricultural and sideline products, oils and fats, oils and snack foods.
Executives
Wang Yue Cheng Executives
Wu Jian She Executives
Chen Jing Wei Director
Wang Zhi Gang Director

Hainan Jingliang Holdings Co (SZSE:000505) Headlines

No Headlines