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Jinyu Bio-Technology Co (SHSE:600201) EBIT : ¥310 Mil (TTM As of Mar. 2024)


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What is Jinyu Bio-Technology Co EBIT?

Jinyu Bio-Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥124 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥310 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jinyu Bio-Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 was 8.21%. Jinyu Bio-Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 22.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jinyu Bio-Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.30%.


Jinyu Bio-Technology Co EBIT Historical Data

The historical data trend for Jinyu Bio-Technology 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.

Jinyu Bio-Technology Co EBIT Chart

Jinyu Bio-Technology 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 262.75 477.19 413.32 250.40 315.88

Jinyu Bio-Technology 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 129.25 25.22 176.33 -14.91 123.60

Competitive Comparison of Jinyu Bio-Technology Co's EBIT

For the Biotechnology subindustry, Jinyu Bio-Technology 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.


Jinyu Bio-Technology Co's EV-to-EBIT Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Jinyu Bio-Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jinyu Bio-Technology Co's EV-to-EBIT falls into.



Jinyu Bio-Technology 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 ¥310 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.


Jinyu Bio-Technology Co  (SHSE:600201) EBIT Explanation

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

Jinyu Bio-Technology 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 )
=429.548 * ( 1 - 13.78% )/( (4445.467 + 4576.722)/ 2 )
=370.3562856/4511.0945
=8.21 %

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))
=6872.582 - 677.647 - ( 1749.468 - max(0, 840.446 - 3015.892+1749.468))
=4445.467

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))
=6920.701 - 623.943 - ( 1720.036 - max(0, 774.311 - 2882.774+1720.036))
=4576.722

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

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

Jinyu Bio-Technology 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 )
=494.404/( ( (1892.43 + max(381.508, 0)) + (1884.181 + max(332.705, 0)) )/ 2 )
=494.404/( ( 2273.938 + 2216.886 )/ 2 )
=494.404/2245.412
=22.02 %

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)
=(857.494 + 322.254 + 40.674) - (677.647 + 0 + 161.267)
=381.508

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(755.472 + 301.037 + 48.905) - (623.943 + 0 + 148.766)
=332.705

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:

Jinyu Bio-Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=310.236/7213.704
=4.30 %

* 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.


Jinyu Bio-Technology Co EBIT Related Terms

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Jinyu Bio-Technology Co (SHSE:600201) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Jinyu Street, Shaeryu Industrial Park, Economic and Technological Development Zone, Inner Mongolia Autonomous Region, Hohhot, CHN, 010030
Jinyu Bio-Technology Co Ltd is engaged in the development and sales of veterinary biological products. Its products are used for pigs, poultry, pets, and ruminants.
Executives
Zhang Chong Yu Director
Zhang Jing Directors, senior managers
Yang Zhao senior management
Li Rong senior management
Zhang Zhan Fu Supervisors
Wei Xue Feng Director
Wang Yong Sheng Directors, senior managers
Yin Song Tao Directors, senior managers
Liu Guo Ying Supervisors
Zhang Hong Mei senior management
Wen Li Min Director
Xu Xian Ming Director
Xu Shi Jun Director
Wang Xiu Hua Director
Li Shu Jian senior management

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