>
Switch to:

Shenzhen-ZhongRong Morgan Investment Holding Group Co EBIT

: $-0.00 Mil (TTM As of Mar. 2017)
View and export this data going back to 2012. Start your Free Trial

Shenzhen-ZhongRong Morgan Investment Holding Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2017 was $0.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $-0.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen-ZhongRong Morgan Investment Holding Group Co's annualized ROC % for the quarter that ended in Mar. 2017 was %. Shenzhen-ZhongRong Morgan Investment Holding Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2017 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen-ZhongRong Morgan Investment Holding Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2017 was -0.20%.


Shenzhen-ZhongRong Morgan Investment Holding Group Co EBIT Historical Data

The historical data trend for Shenzhen-ZhongRong Morgan Investment Holding 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.

Shenzhen-ZhongRong Morgan Investment Holding Group Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
EBIT
Premium Member Only -0.12 -0.02 -0.16 -0.17 -

Shenzhen-ZhongRong Morgan Investment Holding Group Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
EBIT 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Shenzhen-ZhongRong Morgan Investment Holding 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.00 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.


Shenzhen-ZhongRong Morgan Investment Holding Group Co  (GREY:ZRMG) EBIT Explanation

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

Shenzhen-ZhongRong Morgan Investment Holding Group Co's annualized ROC % for the quarter that ended in Mar. 2017 is calculated as:

ROC % (Q: Mar. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2016 ) + Invested Capital (Q: Mar. 2017 ))/ count )
=0 * ( 1 - 0% )/( (0 + 0)/ 1 )
=0/0
= %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2017) data.

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

Shenzhen-ZhongRong Morgan Investment Holding Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2016  Q: Mar. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (0 + max(-0.005, 0)) + (0 + max(-0.005, 0)) )/ 1 )
=0/( ( 0 + 0 )/ 1 )
=0/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.005 + 0 + 0)
=-0.005

Working Capital(Q: Mar. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.005 + 0 + 0)
=-0.005

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2017) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Shenzhen-ZhongRong Morgan Investment Holding Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2017 )
=-0.003/1.470
=-0.20 %

* 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.


Shenzhen-ZhongRong Morgan Investment Holding Group Co EBIT Related Terms

Thank you for viewing the detailed overview of Shenzhen-ZhongRong Morgan Investment Holding Group Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen-ZhongRong Morgan Investment Holding Group Co Business Description

Shenzhen-ZhongRong Morgan Investment Holding Group Co logo
Industry
Traded in Other Exchanges
N/A
Address
136-40 39th Avenue, Suite 6B, Garden Plaza, Flushing, NY, USA, 11354
Website
Shenzhen-ZhongRong Morgan Investment Holding Group Co Ltd is a shell company.

Shenzhen-ZhongRong Morgan Investment Holding Group Co Headlines

No Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)