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ABA Chemicals (SZSE:300261) EBIT : ¥-163 Mil (TTM As of Mar. 2024)


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What is ABA Chemicals EBIT?

ABA Chemicals's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-39 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-163 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ABA Chemicals's annualized ROC % for the quarter that ended in Mar. 2024 was -3.37%. ABA Chemicals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -7.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ABA Chemicals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2.41%.


ABA Chemicals EBIT Historical Data

The historical data trend for ABA Chemicals'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.

ABA Chemicals EBIT Chart

ABA Chemicals 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 155.10 225.92 259.95 282.61 -54.25

ABA Chemicals 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 69.71 68.98 -16.62 -176.33 -39.17

Competitive Comparison of ABA Chemicals's EBIT

For the Chemicals subindustry, ABA Chemicals'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.


ABA Chemicals's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, ABA Chemicals's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ABA Chemicals's EV-to-EBIT falls into.



ABA Chemicals 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 ¥-163 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.


ABA Chemicals  (SZSE:300261) EBIT Explanation

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

ABA Chemicals'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 )
=-133.516 * ( 1 - 12.13% )/( (3449.511 + 3506.127)/ 2 )
=-117.3205092/3477.819
=-3.37 %

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))
=4145.223 - 507.759 - ( 262.637 - max(0, 1485.302 - 1673.255+262.637))
=3449.511

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))
=4192.018 - 469.073 - ( 346.592 - max(0, 1517.329 - 1734.147+346.592))
=3506.127

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

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

ABA Chemicals'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 )
=-156.668/( ( (1299.753 + max(690.549, 0)) + (1280.266 + max(699.787, 0)) )/ 2 )
=-156.668/( ( 1990.302 + 1980.053 )/ 2 )
=-156.668/1985.1775
=-7.89 %

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)
=(573.664 + 587.282 + 75.375) - (507.759 + 0 + 38.013)
=690.549

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(511.03 + 614.977 + 87.035) - (469.073 + 0 + 44.182)
=699.787

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:

ABA Chemicals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-163.127/6772.408
=-2.41 %

* 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.


ABA Chemicals EBIT Related Terms

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ABA Chemicals (SZSE:300261) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Dongfang East Road, Port Development Zone, Taicang Port, Petrochemical District, Jiangsu Province, Shanghai, CHN, 215433
ABA Chemicals Corp is a Chinese company integrating research and development, production and sales in the field of life sciences. It is principally engaged in the production of advanced intermediates, active pharmaceutical ingredients (APIs), and pesticide products. Some of the products offered by the company are Acridine, Snail, Fluorourea, Pentanoyl chloride, Fondaparinux, and Levetiracetam.
Executives
Han Xue Supervisors
Huang Liang Supervisors
Ma Li Fan Directors, executives
Cai Tong Directors, executives
Mao Hai Feng Directors, executives
Wang Zhuo Ying Directors, Directors, and Executives
Han Jie Supervisors
Liu Zhi Hui Supervisors
Yang Ji Dong Supervisors
Zhu Pei Fang Securities Affairs Representative
Li Hang Supervisors
Li Yuan Xing Executives
Executives
Qin Dong Guang Executives
Wang Sheng Hong Director

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