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Nanjing OLO Home Furnishing Co (SHSE:603326) EBIT : ¥199 Mil (TTM As of Mar. 2024)


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What is Nanjing OLO Home Furnishing Co EBIT?

Nanjing OLO Home Furnishing Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥26 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥199 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nanjing OLO Home Furnishing Co's annualized ROC % for the quarter that ended in Mar. 2024 was 3.62%. Nanjing OLO Home Furnishing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nanjing OLO Home Furnishing Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.67%.


Nanjing OLO Home Furnishing Co EBIT Historical Data

The historical data trend for Nanjing OLO Home Furnishing 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.

Nanjing OLO Home Furnishing Co EBIT Chart

Nanjing OLO Home Furnishing 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 191.08 272.39 -213.49 181.59 186.14

Nanjing OLO Home Furnishing 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 12.60 70.52 116.73 -13.71 25.91

Competitive Comparison of Nanjing OLO Home Furnishing Co's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Nanjing OLO Home Furnishing 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.


Nanjing OLO Home Furnishing Co's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nanjing OLO Home Furnishing Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nanjing OLO Home Furnishing Co's EV-to-EBIT falls into.



Nanjing OLO Home Furnishing 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 ¥199 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.


Nanjing OLO Home Furnishing Co  (SHSE:603326) EBIT Explanation

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

Nanjing OLO Home Furnishing 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 )
=80.692 * ( 1 - 13.28% )/( (1989.503 + 1878.066)/ 2 )
=69.9761024/1933.7845
=3.62 %

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))
=2442.888 - 413.016 - ( 586.298 - max(0, 904.777 - 945.146+586.298))
=1989.503

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))
=2366.445 - 334.344 - ( 537.478 - max(0, 828.722 - 982.757+537.478))
=1878.066

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

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

Nanjing OLO Home Furnishing 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 )
=103.652/( ( (1068.929 + max(-406.516, 0)) + (1038.072 + max(-172.849, 0)) )/ 2 )
=103.652/( ( 1068.929 + 1038.072 )/ 2 )
=103.652/1053.5005
=9.84 %

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)
=(101.634 + 101.496 + 95.336) - (413.016 + 0 + 291.966)
=-406.516

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(112.737 + 88.005 + 191.829) - (334.344 + 0 + 231.076)
=-172.849

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:

Nanjing OLO Home Furnishing Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=199.453/2299.840
=8.67 %

* 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.


Nanjing OLO Home Furnishing Co EBIT Related Terms

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Nanjing OLO Home Furnishing Co (SHSE:603326) Business Description

Traded in Other Exchanges
N/A
Address
No. 218, Qingshuiting West Road, Jiangning Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 211102
Nanjing OLO Home Furnishing Co Ltd operates in the home furnishings and fixtures industry. It is principally engaged in the design, research and development, manufacturing and sales of custom furniture products as well as the provision of related services. The company's main products include the integrated kitchen cabinets, custom wardrobes and the full house.
Executives
Director
Liu Gui Sheng senior management
Wang Wu Chao senior management
Zhang Qi Supervisors
Zhang Qi Supervisors
Huang Ning Quan senior management
Zhang Hua senior management
Xu Tao Director
Zhang Xian Hua senior management
Zhang Lei Supervisors

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