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Easyhome New Retail Group Co (SZSE:000785) EBIT : ¥2,558 Mil (TTM As of Mar. 2024)


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What is Easyhome New Retail Group Co EBIT?

Easyhome New Retail Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥718 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,558 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Easyhome New Retail Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 4.15%. Easyhome New Retail Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 18.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Easyhome New Retail Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.60%.


Easyhome New Retail Group Co EBIT Historical Data

The historical data trend for Easyhome New Retail 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.

Easyhome New Retail Group Co EBIT Chart

Easyhome New Retail 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 4,077.95 2,053.14 4,379.72 3,428.40 2,735.50

Easyhome New Retail 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 895.88 729.33 828.53 281.77 718.23

Competitive Comparison of Easyhome New Retail Group Co's EBIT

For the Department Stores subindustry, Easyhome New Retail 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.


Easyhome New Retail Group Co's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Easyhome New Retail Group Co's EV-to-EBIT distribution charts can be found below:

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



Easyhome New Retail 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 ¥2,558 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.


Easyhome New Retail Group Co  (SZSE:000785) EBIT Explanation

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

Easyhome New Retail 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 )
=2887.86 * ( 1 - 24.38% )/( (52661.66 + 52660.942)/ 2 )
=2183.799732/52661.301
=4.15 %

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))
=53681.288 - 4598.538 - ( 3643.411 - max(0, 10348.992 - 6770.082+3643.411))
=52661.66

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))
=53233.505 - 4092.733 - ( 2904.153 - max(0, 10043.266 - 6523.096+2904.153))
=52660.942

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

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

Easyhome New Retail 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 )
=2872.924/( ( (15835.63 + max(-3545.426, 0)) + (15444.975 + max(-2437.4, 0)) )/ 2 )
=2872.924/( ( 15835.63 + 15444.975 )/ 2 )
=2872.924/15640.3025
=18.37 %

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)
=(1125.024 + 437.721 + 1163.847) - (4598.538 + 0 + 1673.48)
=-3545.426

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1334.425 + 548.578 + 1309.138) - (4092.733 + 0 + 1536.808)
=-2437.4

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=2557.852/38733.079
=6.60 %

* 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.


Easyhome New Retail Group Co EBIT Related Terms

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Easyhome New Retail Group Co (SZSE:000785) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Zhongnan Road, Wuchang District, Hubei Province, Wuhan, CHN, 430071
Easyhome New Retail Group Co Ltd, formerly Wuhan Zhongnan Commercial Group Co Ltd is a China-based commercial and retailing company. It is mainly engaged in commercial property development, shopping mall decoration, and e-commerce business. The company owns department stores, shopping mall, cheap supermarkets, hypermarkets and retail store with China Merchants Plaza Shopping Center, China Merchants Xudong Cheap Price Plaza and Wuhan Pinpin. The firm is also engaged in shop leasing and project development business.
Executives
Zhang Jian Director
Du Xue Gang Executives
Hao Jian Director
Chen Liang Directors, executives
Wang Ning Directors, executives
Li Xuan Xuan Executives
Zhu Chan Fei Executives
Gao Ya Qi Secretary Dong
Chen Chen Executives
Wang Peng Executives
Wang Lin Peng Directors, executives
Li Tao Director
Ren Qu Supervisors
Xiao Shu Gang Supervisors
Niu Bo Xia Supervisors

Easyhome New Retail Group Co (SZSE:000785) Headlines

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