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Gansu Dunhuang Seed Group Co (SHSE:600354) EBIT : ¥188 Mil (TTM As of Mar. 2024)


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What is Gansu Dunhuang Seed Group Co EBIT?

Gansu Dunhuang Seed Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥130 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥188 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gansu Dunhuang Seed Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 30.52%. Gansu Dunhuang Seed Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 131.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gansu Dunhuang Seed Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.29%.


Gansu Dunhuang Seed Group Co EBIT Historical Data

The historical data trend for Gansu Dunhuang Seed Group 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.

Gansu Dunhuang Seed Group Co EBIT Chart

Gansu Dunhuang Seed Group 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 -172.19 66.03 62.55 78.10 147.16

Gansu Dunhuang Seed Group 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 89.24 0.19 -30.80 88.53 129.67

Competitive Comparison of Gansu Dunhuang Seed Group Co's EBIT

For the Farm Products subindustry, Gansu Dunhuang Seed Group 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.


Gansu Dunhuang Seed Group Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gansu Dunhuang Seed Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Gansu Dunhuang Seed Group Co's EV-to-EBIT falls into.



Gansu Dunhuang Seed Group 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 ¥188 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.


Gansu Dunhuang Seed Group Co  (SHSE:600354) EBIT Explanation

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

Gansu Dunhuang Seed Group 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 )
=524.332 * ( 1 - 28.28% )/( (1413.658 + 1050.459)/ 2 )
=376.0509104/1232.0585
=30.52 %

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))
=1918.25 - 202.111 - ( 783.659 - max(0, 1022.822 - 1325.303+783.659))
=1413.658

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))
=1738.182 - 339.117 - ( 753.157 - max(0, 789.211 - 1137.817+753.157))
=1050.459

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

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

Gansu Dunhuang Seed Group 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 )
=518.676/( ( (398.025 + max(-75.211, 0)) + (389.671 + max(-37.788, 0)) )/ 2 )
=518.676/( ( 398.025 + 389.671 )/ 2 )
=518.676/393.848
=131.69 %

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)
=(60.642 + 443.811 + 25.049) - (202.111 + 0 + 402.602)
=-75.211

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(100.908 + 248.967 + 24.995) - (339.117 + 0 + 73.541)
=-37.788

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:

Gansu Dunhuang Seed Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=187.592/2573.637
=7.29 %

* 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.


Gansu Dunhuang Seed Group Co EBIT Related Terms

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Gansu Dunhuang Seed Group Co (SHSE:600354) Business Description

Traded in Other Exchanges
N/A
Address
No. 28 Suzhou Road, Suzhou District, Jiuquan, Gansu, CHN, 735000
Gansu Dunhuang Seed Group Co Ltd is a China-based company engaged in the production and sale of all kinds of crop seed. The company produces and markets grain, cotton, melon and vegetable seeds and cotton products such as lint, cottonseeds, and linters. It is also involved in processing and sale of cotton oil, tomato sauce, tomato powder, and hops products.
Executives
Shi Xiao Zhong Director
Wang Cheng Ji Director
Wang Shan Guang senior management
Zhang Shao Ping Director

Gansu Dunhuang Seed Group Co (SHSE:600354) Headlines

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