GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ARTS Group Co Ltd (SHSE:603017) » Definitions » EBIT

ARTS Group Co (SHSE:603017) EBIT : ¥145 Mil (TTM As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is ARTS Group Co EBIT?

ARTS Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥40 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥145 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ARTS Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 2.30%. ARTS Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 30.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ARTS Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.14%.


ARTS Group Co EBIT Historical Data

The historical data trend for ARTS 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.

ARTS Group Co EBIT Chart

ARTS 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 245.53 260.73 -384.22 131.56 143.87

ARTS 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 38.93 61.90 16.54 26.51 40.11

Competitive Comparison of ARTS Group Co's EBIT

For the Engineering & Construction subindustry, ARTS 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.


ARTS Group Co's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, ARTS Group Co's EV-to-EBIT distribution charts can be found below:

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



ARTS 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 ¥145 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.


ARTS Group Co  (SHSE:603017) EBIT Explanation

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

ARTS 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 )
=55.996 * ( 1 - 17.31% )/( (1936.448 + 2090.881)/ 2 )
=46.3030924/2013.6645
=2.30 %

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))
=3392.26 - 1281.901 - ( 807.354 - max(0, 1874.415 - 2048.326+807.354))
=1936.448

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))
=3289.09 - 1026.062 - ( 861.489 - max(0, 1751.38 - 1923.527+861.489))
=2090.881

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

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

ARTS 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 )
=160.428/( ( (521.324 + max(-810.905, 0)) + (530.914 + max(-660.426, 0)) )/ 2 )
=160.428/( ( 521.324 + 530.914 )/ 2 )
=160.428/526.119
=30.49 %

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)
=(773.644 + 0 + 34.399) - (1281.901 + 0 + 337.047)
=-810.905

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(664.138 + 0 + 47.104) - (1026.062 + 0 + 345.606)
=-660.426

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=145.053/2362.265
=6.14 %

* 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.


ARTS Group Co EBIT Related Terms

Thank you for viewing the detailed overview of ARTS Group Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


ARTS Group Co (SHSE:603017) Business Description

Traded in Other Exchanges
N/A
Address
Suhong Middle Road No.393, Suzhou Industrial Park, Suzhou, Hongkong, CHN
ARTS Group Co Ltd is engaged in planning, design, construction, and development with the purpose of providing engineering and technical service. The company's project profile consists of Public Building, Planning Design, Interior Design, Landscape Design, Residential Projects, Logistics Construction, Green Building, and others.
Executives
Li Zheng senior management
Zhan Xin Jian Director
Xu Hai Ying Director
Jiang Wen Bei Director
Bai Jiang Hong Director
Lu Xue Jun Director
Zhang Yan Cheng senior management
Yu Ji Peng Supervisors
Zhang Jin Director
Liao Chen Supervisors
Fu Wei Dong Supervisors
Xu Hong Tao Supervisors
Tan Li Hua Supervisors
Zou Jin Xin Director
Xue Jin Hai Supervisors

ARTS Group Co (SHSE:603017) Headlines

No Headlines