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Jiangsu NanFang Precision Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥50.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥59.4 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiangsu NanFang Precision Co's annualized ROC % for the quarter that ended in Sep. 2024 was 14.56%. Jiangsu NanFang Precision Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 49.18%.
EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiangsu NanFang Precision Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.42%.
The historical data trend for Jiangsu NanFang Precision 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.
Jiangsu NanFang Precision Co Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
EBIT | Get a 7-Day Free Trial | 53.30 | 464.55 | 222.61 | 36.10 | 14.86 |
Jiangsu NanFang Precision Co Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
EBIT | Get a 7-Day Free Trial | 20.31 | 18.95 | -20.70 | 10.77 | 50.36 |
For the Auto Parts subindustry, Jiangsu NanFang Precision 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.
For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangsu NanFang Precision Co's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Jiangsu NanFang Precision Co's EV-to-EBIT falls into.
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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥59.4 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.
Jiangsu NanFang Precision Co (SZSE:002553) EBIT Explanation
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Jiangsu NanFang Precision Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:
ROC % (Q: Sep. 2024 ) | ||||||
= | NOPAT | / | Average Invested Capital | |||
= | Operating Income * ( 1 - Tax Rate % ) | / | ( (Invested Capital (Q: Jun. 2024 ) | + | Invested Capital (Q: Sep. 2024 )) | / count ) |
= | 137.944 * ( 1 - 11.75% ) | / | ( (834.455 | + | 837.828) | / 2 ) |
= | 121.73558 | / | 836.1415 | |||
= | 14.56 % |
where
Invested Capital | (Q: Jun. 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 | )) |
= | 1372.363 | - | 146.847 | - | ( 391.061 | - | max(0, 182.514 | - | 783.846 | + | 391.061 | )) |
= | 834.455 |
Invested Capital | (Q: Sep. 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 | )) |
= | 1463.008 | - | 176.251 | - | ( 448.929 | - | max(0, 224.763 | - | 856.934 | + | 448.929 | )) |
= | 837.828 |
Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.
2. Joel Greenblatt's definition of Return on Capital:
Jiangsu NanFang Precision Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:
ROC (Joel Greenblatt) % | (Q: Sep. 2024 ) | ||||||
= | EBIT | / | Average of (Net fixed Assets | + | Net Working Capital) | ||
= | EBIT | / | Average of (Property, Plant and Equipment | + | Net Working Capital) | ||
Q: Jun. 2024 | Q: Sep. 2024 | ||||||
= | EBIT | / | ( ( (Property, Plant and Equipment + Net Working Capital) | + | (Property, Plant and Equipment + Net Working Capital) ) | / | count ) |
= | 201.44 | / | ( ( (231.861 + max(186.134, 0)) | + | (231.467 + max(169.661, 0)) ) | / | 2 ) |
= | 201.44 | / | ( ( 417.995 | + | 401.128 ) | / | 2 ) |
= | 201.44 | / | 409.5615 | ||||
= | 49.18 % |
where Working Capital is:
Working Capital | (Q: Jun. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (201.754 | + | 132.268 | + | 14.183) | - | (146.847 | + | 0 | + | 15.224) |
= | 186.134 |
Working Capital | (Q: Sep. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (198.203 | + | 150.438 | + | 18.365) | - | (176.251 | + | 0 | + | 21.094) |
= | 169.661 |
When net working capital is negative, 0 is used.
Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.
3. It is also linked to Joel Greenblatt's definition of Earnings Yield:
Jiangsu NanFang Precision Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:
Earnings Yield (Joel Greenblatt) % | = | EBIT (TTM) | / | Enterprise Value (Q: Sep. 2024 ) |
= | 59.38 | / | 4179.049 | |
= | 1.42 % |
* 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.
Thank you for viewing the detailed overview of Jiangsu NanFang Precision Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Xu Wei Nan | Director | |
Zhu Chen | Supervisors | |
Zhou Xiao Yan | Supervisors | |
Zhou Xue Gang | Directors, executives | |
Wei Dong | Director | |
Cai Wei Dong | Secretary Dong | |
Shi Yan Min | Executives | |
Shi Jian Wei | Directors, executives | |
Jiang Xu Feng | Directors, executives | |
Shi Juan Hua | Director |
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