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Rubber Leaf (Rubber Leaf) EBIT : $-1.60 Mil (TTM As of Mar. 2024)


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What is Rubber Leaf EBIT?

Rubber Leaf's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.60 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rubber Leaf's annualized ROC % for the quarter that ended in Mar. 2024 was -15.56%. Rubber Leaf's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -27.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rubber Leaf's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -0.66%.


Rubber Leaf EBIT Historical Data

The historical data trend for Rubber Leaf'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.

Rubber Leaf EBIT Chart

Rubber Leaf Annual Data
Trend Dec21 Dec22 Dec23
EBIT
-2.99 0.96 -1.14

Rubber Leaf Quarterly Data
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 -0.15 0.04 -0.30 -0.73 -0.60

Competitive Comparison of Rubber Leaf's EBIT

For the Specialty Chemicals subindustry, Rubber Leaf'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.


Rubber Leaf's EV-to-EBIT Distribution in the Chemicals Industry

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

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



Rubber Leaf 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 $-1.60 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.


Rubber Leaf  (OTCPK:RLEA) EBIT Explanation

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

Rubber Leaf'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 )
=-2.388 * ( 1 - 0% )/( (15.411 + 15.284)/ 2 )
=-2.388/15.3475
=-15.56 %

where

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

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

Rubber Leaf'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 )
=-2.412/( ( (9.061 + max(-13.155, 0)) + (8.743 + max(-8.545, 0)) )/ 2 )
=-2.412/( ( 9.061 + 8.743 )/ 2 )
=-2.412/8.902
=-27.10 %

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)
=(0.13 + 0.761 + 2.41) - (15.727 + 0.354 + 0.375)
=-13.155

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.565 + 0.741 + 2.419) - (19.427 + 0.348 + 0.495)
=-8.545

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:

Rubber Leaf's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-1.597/241.979
=-0.66 %

* 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.


Rubber Leaf EBIT Related Terms

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Rubber Leaf (Rubber Leaf) Business Description

Traded in Other Exchanges
N/A
Address
Qixing Road, Weng’ao Industrial Zone, Chunhu Subdistrict, Fenghua District Ningbo, Zhejiang, CHN
Rubber Leaf Inc engages in the production and sales of synthetic rubber, rubber compound, car window seals, and auto parts. It derives revenue primarily through the sale of synthetic rubber, rubber compound, car window seals, and auto parts with two sales channels. The company managed and reviewed its business as two operating segments: direct supply and indirect supply models.
Executives
Hua Wang director, officer: CFO 318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Xingxiu Hua director, 10 percent owner, officer: President 318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Yongjun Hua director 318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701

Rubber Leaf (Rubber Leaf) Headlines