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Jiangsu NanFang Precision Co (SZSE:002553) EBIT : ¥59.4 Mil (TTM As of Sep. 2024)


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What is Jiangsu NanFang Precision Co EBIT?

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%.


Jiangsu NanFang Precision Co EBIT Historical Data

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.

* Premium members only.

Jiangsu NanFang Precision Co EBIT Chart

Jiangsu NanFang Precision 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 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 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 20.31 18.95 -20.70 10.77 50.36

Competitive Comparison of Jiangsu NanFang Precision Co's EBIT

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.


Jiangsu NanFang Precision Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

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.



Jiangsu NanFang Precision 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 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.


Jiangsu NanFang Precision Co EBIT Related Terms

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Jiangsu NanFang Precision Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Longxiang Road, Wujin High-Tech Development Zone, Jiangsu, Changzhou, CHN, 213164
Jiangsu NanFang Precision Co Ltd is engaged in the manufacturing and research and development of bearings and related parts in the transmission field. Its products include Needle Bearing, One-way Clutch, OAP, and Precision Machined Parts for automobile and motorcycle, and Industry.
Executives
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

Jiangsu NanFang Precision Co Headlines

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