GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Do-Fluoride New Materials Co Ltd (SZSE:002407) » Definitions » EBIT

Do-Fluoride New Materials Co (SZSE:002407) EBIT : ¥708 Mil (TTM As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Do-Fluoride New Materials Co EBIT?

Do-Fluoride New Materials Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥107 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥708 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Do-Fluoride New Materials Co's annualized ROC % for the quarter that ended in Mar. 2024 was 0.11%. Do-Fluoride New Materials Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Do-Fluoride New Materials Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.85%.


Do-Fluoride New Materials Co EBIT Historical Data

The historical data trend for Do-Fluoride New Materials 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.

Do-Fluoride New Materials Co EBIT Chart

Do-Fluoride New Materials 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 -293.63 201.61 1,563.63 2,410.28 763.75

Do-Fluoride New Materials 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 163.41 237.44 313.40 49.49 107.25

Competitive Comparison of Do-Fluoride New Materials Co's EBIT

For the Chemicals subindustry, Do-Fluoride New Materials 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.


Do-Fluoride New Materials Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Do-Fluoride New Materials Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Do-Fluoride New Materials Co's EV-to-EBIT falls into.



Do-Fluoride New Materials 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 ¥708 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.


Do-Fluoride New Materials Co  (SZSE:002407) EBIT Explanation

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

Do-Fluoride New Materials 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 )
=18.792 * ( 1 - 24.38% )/( (12135.976 + 12605.914)/ 2 )
=14.2105104/12370.945
=0.11 %

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))
=22795.588 - 5267.791 - ( 6874.976 - max(0, 6777.612 - 12169.433+6874.976))
=12135.976

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))
=22445.97 - 3935.055 - ( 6755.034 - max(0, 5768.895 - 11673.896+6755.034))
=12605.914

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

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

Do-Fluoride New Materials 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 )
=428.992/( ( (9447.924 + max(-1834.157, 0)) + (9516.728 + max(-1308.762, 0)) )/ 2 )
=428.992/( ( 9447.924 + 9516.728 )/ 2 )
=428.992/9482.326
=4.52 %

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)
=(2080.803 + 1576.297 + 476.832) - (5267.791 + 0 + 700.298)
=-1834.157

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1417.458 + 1330.486 + 535.472) - (3935.055 + 0 + 657.123)
=-1308.762

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:

Do-Fluoride New Materials Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=707.582/14604.025
=4.85 %

* 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.


Do-Fluoride New Materials Co EBIT Related Terms

Thank you for viewing the detailed overview of Do-Fluoride New Materials Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Do-Fluoride New Materials Co (SZSE:002407) Business Description

Traded in Other Exchanges
N/A
Address
Jiake Road, Zhongzhan District, Henan Province, Jiaozuo, CHN, 454191
Do-Fluoride New Materials Co Ltd, formerly Do-Fluoride Chemicals Co Ltd is engaged in the research, production, and sale of fluoride products in China. The company's products are used in the aeronautics and astronautics, electronics, and agriculture industries.
Executives
Li Yun Feng Directors, executives
Li Ling Yun Director
Li Shi Jiang Director
Han Shi Jun Directors, executives
Wang Yi Hao Supervisors
Zhao Yong Feng Executives
Hao Jian Tang Executives
Chen Xiang Ju Supervisors
Li Juan Supervisors
Yang Hua Chun Executives
Yuan Qiu Yu Securities Affairs Representative
Cheng Li Jing Executives
Xu Sui Jun Supervisors
Zhao Shuang Cheng Supervisors
Chen Yan Director

Do-Fluoride New Materials Co (SZSE:002407) Headlines

No Headlines