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Wei Hai Creditfan Ventilator Co (BJSE:831689) EBIT : ¥71.2 Mil (TTM As of Sep. 2024)


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What is Wei Hai Creditfan Ventilator Co EBIT?

Wei Hai Creditfan Ventilator Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥20.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥71.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wei Hai Creditfan Ventilator Co's annualized ROC % for the quarter that ended in Sep. 2024 was 13.49%. Wei Hai Creditfan Ventilator Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 23.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wei Hai Creditfan Ventilator Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.71%.


Wei Hai Creditfan Ventilator Co EBIT Historical Data

The historical data trend for Wei Hai Creditfan Ventilator 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.

Wei Hai Creditfan Ventilator Co EBIT Chart

Wei Hai Creditfan Ventilator 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 26.68 30.28 53.82 59.34 70.85

Wei Hai Creditfan Ventilator Co Quarterly Data
Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 20.87 16.25 15.68 19.28 19.97

Competitive Comparison of Wei Hai Creditfan Ventilator Co's EBIT

For the Building Products & Equipment subindustry, Wei Hai Creditfan Ventilator 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.


Wei Hai Creditfan Ventilator Co's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wei Hai Creditfan Ventilator Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wei Hai Creditfan Ventilator Co's EV-to-EBIT falls into.



Wei Hai Creditfan Ventilator 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥71.2 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.


Wei Hai Creditfan Ventilator Co  (BJSE:831689) EBIT Explanation

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

Wei Hai Creditfan Ventilator Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=80.484 * ( 1 - 10.22% )/( (517.322 + 553.831)/ 2 )
=72.2585352/535.5765
=13.49 %

where

Invested Capital(Q: Jun. 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))
=673.765 - 129.357 - ( 27.086 - max(0, 204.839 - 435.517+27.086))
=517.322

Invested Capital(Q: Sep. 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))
=725.519 - 136.397 - ( 35.291 - max(0, 209.768 - 470.107+35.291))
=553.831

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

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

Wei Hai Creditfan Ventilator Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=79.88/( ( (150.573 + max(166.108, 0)) + (166.358 + max(202.147, 0)) )/ 2 )
=79.88/( ( 316.681 + 368.505 )/ 2 )
=79.88/342.593
=23.32 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(198.377 + 131.527 + 10.371) - (129.357 + 0 + 44.81)
=166.108

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(216.2 + 147.796 + 13.383) - (136.397 + 0 + 38.835)
=202.147

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Wei Hai Creditfan Ventilator Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=71.175/1511.479
=4.71 %

* 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.


Wei Hai Creditfan Ventilator Co EBIT Related Terms

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Wei Hai Creditfan Ventilator Co Business Description

Traded in Other Exchanges
N/A
Address
No. 111, Xingshan Road,, Torch High-tech Industrial Development Zone, Chucun Town, Shandong Province, Weihai, CHN, 264210
Wei Hai Creditfan Ventilator Co Ltd designs develops and manufactures ventilation and air handling system equipment and accessories such as ventilators and ventilation and cooling systems. It offers ventilation equipment products and systems in high-end equipment industries such as rail transit ventilation and cooling equipment, energy ventilation and cooling equipment, marine engineering and ship fans, cooling tower and air cooler fans, and refrigeration fans.

Wei Hai Creditfan Ventilator Co Headlines

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