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Guangdong Haid Group Co (SZSE:002311) EBIT : ¥4,393 Mil (TTM As of Mar. 2024)


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What is Guangdong Haid Group Co EBIT?

Guangdong Haid Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥1,104 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥4,393 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guangdong Haid Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 12.38%. Guangdong Haid Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 22.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guangdong Haid Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.10%.


Guangdong Haid Group Co EBIT Historical Data

The historical data trend for Guangdong Haid Group 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.

Guangdong Haid Group Co EBIT Chart

Guangdong Haid Group 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 2,320.73 3,510.93 2,828.88 4,316.05 3,952.96

Guangdong Haid Group 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 663.90 1,094.90 1,514.60 679.56 1,104.11

Competitive Comparison of Guangdong Haid Group Co's EBIT

For the Packaged Foods subindustry, Guangdong Haid Group 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.


Guangdong Haid Group Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Guangdong Haid Group Co's EV-to-EBIT falls into.



Guangdong Haid Group 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 ¥4,393 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.


Guangdong Haid Group Co  (SZSE:002311) EBIT Explanation

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

Guangdong Haid Group 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 )
=4345.56 * ( 1 - 12.07% )/( (28853.326 + 32851.263)/ 2 )
=3821.050908/30852.2945
=12.38 %

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))
=44746.736 - 13422.565 - ( 6763.205 - max(0, 18434.68 - 20905.525+6763.205))
=28853.326

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))
=45070.527 - 10808.864 - ( 4597.377 - max(0, 19602.344 - 21012.744+4597.377))
=32851.263

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

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

Guangdong Haid Group 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 )
=4416.428/( ( (19441.847 + max(-2811.316, 0)) + (19367.328 + max(645.057, 0)) )/ 2 )
=4416.428/( ( 19441.847 + 20012.385 )/ 2 )
=4416.428/19727.116
=22.39 %

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)
=(2056.714 + 9935.864 + 1179.448) - (13422.565 + 0 + 2560.777)
=-2811.316

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3394.349 + 10467.008 + 1331.912) - (10808.864 + 0 + 3739.348)
=645.057

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:

Guangdong Haid Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=4393.165/86074.012
=5.10 %

* 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.


Guangdong Haid Group Co EBIT Related Terms

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Guangdong Haid Group Co (SZSE:002311) Business Description

Traded in Other Exchanges
N/A
Address
Haid Mansion, No. 42, Road 4, Room 701, Building 2, Panyu District, Wangbo, Nancun Town, Guangzhou, CHN, 511445
Guangdong Haid Group Co Ltd is a China-based company. It is engaged in the production and sale of aquatic, livestock, poultry foodstuffs, animal healthcare products, and seedling. Geographically, it derives a majority of revenue from Southern China and also has a presence in Eastern China, Northern China, Central China, and Overseas.
Executives
Shen Dong Supervisors
Chen Zhong Zhu Executives
Mi Guo Cheng Executives
Liu Guo Xiang Executives
Jiang Xie Wu Executives
Cheng Qi Directors, executives
Qian Xue Qiao Directors, executives
Huang Zhi Jian Directors, executives
Lu Jie Wen Securities Affairs Representative
Yang Shao Lin Executives
Yang Hua Fang Securities Affairs Representative
Tian Li Directors, executives
Qi Zhen Xiong Supervisors
Xie Ming Quan Supervisors
Wang Jing Supervisors

Guangdong Haid Group Co (SZSE:002311) Headlines

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