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Lander Sports Development Co (SZSE:000558) EBIT : ¥71.3 Mil (TTM As of Mar. 2024)


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What is Lander Sports Development Co EBIT?

Lander Sports Development Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥53.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥71.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lander Sports Development Co's annualized ROC % for the quarter that ended in Mar. 2024 was 8.66%. Lander Sports Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 30.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lander Sports Development Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.21%.


Lander Sports Development Co EBIT Historical Data

The historical data trend for Lander Sports Development 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.

Lander Sports Development Co EBIT Chart

Lander Sports Development 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 64.92 -37.42 -52.53 31.20 94.98

Lander Sports Development 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 76.74 -63.09 -6.17 87.50 53.08

Competitive Comparison of Lander Sports Development Co's EBIT

For the Real Estate - Development subindustry, Lander Sports Development 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.


Lander Sports Development Co's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lander Sports Development Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lander Sports Development Co's EV-to-EBIT falls into.



Lander Sports Development 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 ¥71.3 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.


Lander Sports Development Co  (SZSE:000558) EBIT Explanation

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

Lander Sports Development 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 )
=177.116 * ( 1 - 15.2% )/( (1733.096 + 1736.426)/ 2 )
=150.194368/1734.761
=8.66 %

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))
=1998.186 - 248.301 - ( 197.195 - max(0, 340.915 - 357.704+197.195))
=1733.096

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))
=2011.617 - 226.179 - ( 199.148 - max(0, 315.182 - 364.194+199.148))
=1736.426

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

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

Lander Sports Development 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 )
=212.316/( ( (699.38 + max(-184.464, 0)) + (701.497 + max(-153.145, 0)) )/ 2 )
=212.316/( ( 699.38 + 701.497 )/ 2 )
=212.316/700.4385
=30.31 %

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)
=(34.789 + 32.494 + 21.558) - (248.301 + 0 + 25.004)
=-184.464

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.735 + 32.434 + 25.298) - (226.179 + 0 + 21.433)
=-153.145

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:

Lander Sports Development Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=71.322/3226.143
=2.21 %

* 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.


Lander Sports Development Co EBIT Related Terms

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Lander Sports Development Co (SZSE:000558) Business Description

Traded in Other Exchanges
N/A
Address
No. 535 Wensan Road, Rheinda Building, Xihu District, Zhejiang Province, Hangzhou, CHN
Lander Sports Development Co Ltd is engaged in the business of sports operations, real estate sales and leasing, energy and trade sales.
Executives
Tao Chun Director
Huang Hai Yan Independent director
Zhou Xiao Xia Supervisors
Gao Ji Sheng Director
Xu Chao Directors, executives
Xu Lan Zhi Executives
Liu Xiao Liang Executives
Qin Ji Hong Executives
Li Qi Director
Huang Guo Liang Director
Xu Zhong Ping Executives
Gao Jian Ping Director
Lou Xiao Ying Executives
Xu Yi Bo Executives

Lander Sports Development Co (SZSE:000558) Headlines

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