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Guangdong LingXiao Pump Industry Co (SZSE:002884) EBIT : ¥458 Mil (TTM As of Mar. 2024)


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What is Guangdong LingXiao Pump Industry Co EBIT?

Guangdong LingXiao Pump Industry Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥458 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guangdong LingXiao Pump Industry Co's annualized ROC % for the quarter that ended in Mar. 2024 was 46.52%. Guangdong LingXiao Pump Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 60.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guangdong LingXiao Pump Industry Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.71%.


Guangdong LingXiao Pump Industry Co EBIT Historical Data

The historical data trend for Guangdong LingXiao Pump 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.

Guangdong LingXiao Pump Industry Co EBIT Chart

Guangdong LingXiao Pump 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 281.39 388.09 528.01 429.08 443.65

Guangdong LingXiao Pump 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 82.41 103.12 104.03 154.09 97.13

Competitive Comparison of Guangdong LingXiao Pump Industry Co's EBIT

For the Specialty Industrial Machinery subindustry, Guangdong LingXiao Pump 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.


Guangdong LingXiao Pump Industry Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong LingXiao Pump Industry Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Guangdong LingXiao Pump Industry Co's EV-to-EBIT falls into.



Guangdong LingXiao Pump 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 ¥458 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.


Guangdong LingXiao Pump Industry Co  (SZSE:002884) EBIT Explanation

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

Guangdong LingXiao Pump 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 )
=388.52 * ( 1 - 13.65% )/( (693.408 + 748.891)/ 2 )
=335.48702/721.1495
=46.52 %

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))
=2385.552 - 88.978 - ( 1603.166 - max(0, 123.284 - 2034.617+1603.166))
=693.408

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))
=2488.117 - 93.99 - ( 1645.236 - max(0, 132.336 - 2136.065+1645.236))
=748.891

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

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

Guangdong LingXiao Pump 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 )
=388.52/( ( (316.069 + max(303.327, 0)) + (316.452 + max(351.299, 0)) )/ 2 )
=388.52/( ( 619.396 + 667.751 )/ 2 )
=388.52/643.5735
=60.37 %

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)
=(155.32 + 236.067 + 35.224) - (88.978 + 0 + 34.306)
=303.327

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(166.924 + 258.421 + 58.29) - (93.99 + 0 + 38.346)
=351.299

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:

Guangdong LingXiao Pump Industry Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=458.372/5265.190
=8.71 %

* 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.


Guangdong LingXiao Pump Industry Co EBIT Related Terms

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Guangdong LingXiao Pump Industry Co (SZSE:002884) Business Description

Traded in Other Exchanges
N/A
Address
Spring Road, No. 117, Spring Town, Guangdong Province, Yangchun City, CHN, 529600
Guangdong LingXiao Pump Industry Co Ltd is a manufacturer of small household electric pump and industry support electric pump in China. The product range comprises hydromassage pump, swimming pool pump, SPA pump, stainless centrifugal pump, clean water pump, submersible pump, industry in-line pump, and variable frequency constant pressure water supply equipment. The company also exports its products to over 100 countries or regions worldwide.
Executives
Lu Feng Juan Executives
Wang Hai Bo Directors, executives
Qiu Yan Fei Securities Affairs Representative
Liu Zi Geng Secretary, Director
Chen Jia Chao Directors, executives
Li Guang Yong Directors, executives

Guangdong LingXiao Pump Industry Co (SZSE:002884) Headlines

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