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Sichuan Shengda Forestry Industry Co (SZSE:002259) EBIT : ¥32.0 Mil (TTM As of Mar. 2024)


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What is Sichuan Shengda Forestry Industry Co EBIT?

Sichuan Shengda Forestry Industry Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥11.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥32.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sichuan Shengda Forestry Industry Co's annualized ROC % for the quarter that ended in Mar. 2024 was 5.60%. Sichuan Shengda Forestry Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sichuan Shengda Forestry Industry Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.79%.


Sichuan Shengda Forestry Industry Co EBIT Historical Data

The historical data trend for Sichuan Shengda Forestry Industry 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.

Sichuan Shengda Forestry Industry Co EBIT Chart

Sichuan Shengda Forestry Industry 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 -1,151.60 259.21 122.25 -4.69 37.07

Sichuan Shengda Forestry Industry 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 16.07 19.89 19.13 -18.02 10.99

Competitive Comparison of Sichuan Shengda Forestry Industry Co's EBIT

For the Oil & Gas Integrated subindustry, Sichuan Shengda Forestry Industry 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.


Sichuan Shengda Forestry Industry Co's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sichuan Shengda Forestry Industry Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sichuan Shengda Forestry Industry Co's EV-to-EBIT falls into.



Sichuan Shengda Forestry Industry 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 ¥32.0 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.


Sichuan Shengda Forestry Industry Co  (SZSE:002259) EBIT Explanation

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

Sichuan Shengda Forestry Industry 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 )
=62.46 * ( 1 - 42.27% )/( (650.942 + 636.782)/ 2 )
=36.058158/643.862
=5.60 %

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))
=893.249 - 200.708 - ( 221.06 - max(0, 217.791 - 259.39+221.06))
=650.942

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))
=897.474 - 199.264 - ( 237.79 - max(0, 215.826 - 277.254+237.79))
=636.782

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

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

Sichuan Shengda Forestry Industry 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 )
=43.96/( ( (553.766 + max(-182.551, 0)) + (540.451 + max(-179.657, 0)) )/ 2 )
=43.96/( ( 553.766 + 540.451 )/ 2 )
=43.96/547.1085
=8.03 %

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)
=(2.643 + 21.021 + 10.998) - (200.708 + 0 + 16.505)
=-182.551

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.709 + 17.713 + 9.38) - (199.264 + 0 + 16.195)
=-179.657

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:

Sichuan Shengda Forestry Industry Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=31.985/1789.835
=1.79 %

* 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.


Sichuan Shengda Forestry Industry Co EBIT Related Terms

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Sichuan Shengda Forestry Industry Co (SZSE:002259) Business Description

Traded in Other Exchanges
N/A
Address
No. 42 Donghua Main Street, Jinjiang District, Chengdu, Sichuan, CHN, 610016
Sichuan Shengda Forestry Industry Co Ltd operates in the development of clean energy business. The company is engaged in the upstream which include exploration and mining, midstream which includes processing and logistics, and downstream which include application and distribution. The business segments of the company include LNG production and sales, town cooperation, LNG logistics, gas station, and peaking station.
Executives
Yan Jing Sheng Supervisors
Xiang Zhong Hua Directors, executives
Zhang Chang Lin Supervisors
Jiang Chang Zheng Director
Dong Jing Tao Director
Cai Chun Director
Zhu Hong Yao Executives

Sichuan Shengda Forestry Industry Co (SZSE:002259) Headlines

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