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Zhejiang Danau Industries Co (BJSE:831855) EBIT : ¥22.1 Mil (TTM As of Sep. 2024)


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What is Zhejiang Danau Industries Co EBIT?

Zhejiang Danau Industries Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥7.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥22.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhejiang Danau Industries Co's annualized ROC % for the quarter that ended in Sep. 2024 was 10.88%. Zhejiang Danau Industries Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 15.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhejiang Danau Industries Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.89%.


Zhejiang Danau Industries Co EBIT Historical Data

The historical data trend for Zhejiang Danau Industries 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.

Zhejiang Danau Industries Co EBIT Chart

Zhejiang Danau Industries 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 45.20 37.60 54.32 44.03 37.15

Zhejiang Danau Industries Co Quarterly Data
Dec18 Jun19 Dec19 Jun20 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 9.85 -1.07 5.50 10.00 7.63

Competitive Comparison of Zhejiang Danau Industries Co's EBIT

For the Specialty Industrial Machinery subindustry, Zhejiang Danau Industries 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.


Zhejiang Danau Industries Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Danau Industries Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Danau Industries Co's EV-to-EBIT falls into.



Zhejiang Danau Industries 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 ¥22.1 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.


Zhejiang Danau Industries Co  (BJSE:831855) EBIT Explanation

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

Zhejiang Danau Industries 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 )
=30.524 * ( 1 - 9.93% )/( (254.444 + 250.866)/ 2 )
=27.4929668/252.655
=10.88 %

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))
=638.831 - 87.513 - ( 296.874 - max(0, 94.095 - 418.441+296.874))
=254.444

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))
=662.561 - 100.596 - ( 311.099 - max(0, 110.001 - 442.783+311.099))
=250.866

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

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

Zhejiang Danau Industries 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 )
=30.524/( ( (175.083 + max(24.907, 0)) + (175.524 + max(19.455, 0)) )/ 2 )
=30.524/( ( 199.99 + 194.979 )/ 2 )
=30.524/197.4845
=15.46 %

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)
=(45.992 + 71.384 + 1.6259999999999) - (87.513 + 0 + 6.582)
=24.907

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(46.546 + 79.59 + 3.3200000000001) - (100.596 + 0 + 9.405)
=19.455

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:

Zhejiang Danau Industries Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=22.063/1165.632
=1.89 %

* 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.


Zhejiang Danau Industries Co EBIT Related Terms

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Zhejiang Danau Industries Co Business Description

Traded in Other Exchanges
N/A
Address
No. 299 Yanhe North Road, Hengjie Town, Luqiao District, Zhejiang Province, Taizhou City, CHN, 318056
Zhejiang Danau Industries Co Ltd engages in research and development, production, and sales of high-pressure cleaner-related products. Its product offering comprises of Industrial Reciprocating High-Pressure Plunger Pump, Industrial High-Pressure Plunger Pump Set/System, High Pressure Plunger Pump, Pump Valves and Parts, High Pressure Washer, Specialized Pressure Washer/System, High-Pressure Washer Accessories, and Sewer Nozzle and Attachment.

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