GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shanghai Foreign Service Holding Group Co Ltd (SHSE:600662) » Definitions » EBIT

Shanghai Foreign Service Holding Group Co (SHSE:600662) EBIT : ¥968 Mil (TTM As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Shanghai Foreign Service Holding Group Co EBIT?

Shanghai Foreign Service Holding Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥305 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥968 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shanghai Foreign Service Holding Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 17.19%. Shanghai Foreign Service Holding Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 70.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shanghai Foreign Service Holding Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 31.48%.


Shanghai Foreign Service Holding Group Co EBIT Historical Data

The historical data trend for Shanghai Foreign Service 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.

Shanghai Foreign Service Holding Group Co EBIT Chart

Shanghai Foreign Service Holding 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 191.21 757.46 778.58 816.17 935.62

Shanghai Foreign Service Holding 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 272.18 256.90 221.38 185.16 304.50

Competitive Comparison of Shanghai Foreign Service Holding Group Co's EBIT

For the Trucking subindustry, Shanghai Foreign Service Holding 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.


Shanghai Foreign Service Holding Group Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shanghai Foreign Service Holding Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shanghai Foreign Service Holding Group Co's EV-to-EBIT falls into.



Shanghai Foreign Service 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥968 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.


Shanghai Foreign Service Holding Group Co  (SHSE:600662) EBIT Explanation

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

Shanghai Foreign Service Holding 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 )
=1069.932 * ( 1 - 24.66% )/( (4885.39 + 4493.513)/ 2 )
=806.0867688/4689.4515
=17.19 %

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))
=15902.244 - 9272.09 - ( 9631.469 - max(0, 11132.111 - 12876.875+9631.469))
=4885.39

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))
=15627.429 - 9148.48 - ( 8966.473 - max(0, 10618.203 - 12603.639+8966.473))
=4493.513

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

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

Shanghai Foreign Service Holding 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 )
=1218/( ( (1721.522 + max(-8596.992, 0)) + (1719.642 + max(-8446.712, 0)) )/ 2 )
=1218/( ( 1721.522 + 1719.642 )/ 2 )
=1218/1720.582
=70.79 %

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)
=(814.524 + 22.032 + 433.009) - (9272.09 + 0 + 594.467)
=-8596.992

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(930.866 + 18.317 + 454.926) - (9148.48 + 0 + 702.341)
=-8446.712

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:

Shanghai Foreign Service Holding Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=967.933/3074.715
=31.48 %

* 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.


Shanghai Foreign Service Holding Group Co EBIT Related Terms

Thank you for viewing the detailed overview of Shanghai Foreign Service Holding Group Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Foreign Service Holding Group Co (SHSE:600662) Business Description

Traded in Other Exchanges
N/A
Address
No. 920 Nanjing West Road, Nantai Building, Shanghai, CHN, 200041
Shanghai Qiangsheng Holding Co Ltd is principally engaged in providing taxi services. It is also involved in the rental of cars, automobile service, tourism and housing industry. Geographically the activities are carried out through Shanghai.

Shanghai Foreign Service Holding Group Co (SHSE:600662) Headlines

No Headlines