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Jiangxi Ning New New Materials Co (BJSE:839719) EBIT : ¥-2.6 Mil (TTM As of Sep. 2024)


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What is Jiangxi Ning New New Materials Co EBIT?

Jiangxi Ning New New Materials Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-21.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-2.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiangxi Ning New New Materials Co's annualized ROC % for the quarter that ended in Sep. 2024 was -0.02%. Jiangxi Ning New New Materials Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -5.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiangxi Ning New New Materials Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.15%.


Jiangxi Ning New New Materials Co EBIT Historical Data

The historical data trend for Jiangxi Ning New New Materials 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.

Jiangxi Ning New New Materials Co EBIT Chart

Jiangxi Ning New New Materials 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 62.52 60.85 97.45 129.94 111.29

Jiangxi Ning New New Materials Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 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 25.52 14.74 2.02 1.67 -21.08

Competitive Comparison of Jiangxi Ning New New Materials Co's EBIT

For the Specialty Chemicals subindustry, Jiangxi Ning New New Materials 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.


Jiangxi Ning New New Materials Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangxi Ning New New Materials Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiangxi Ning New New Materials Co's EV-to-EBIT falls into.


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Jiangxi Ning New New Materials 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 ¥-2.6 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.


Jiangxi Ning New New Materials Co  (BJSE:839719) EBIT Explanation

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

Jiangxi Ning New New Materials 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 )
=-0.268 * ( 1 - -1.14% )/( (1701.601 + 1663.051)/ 2 )
=-0.2710552/1682.326
=-0.02 %

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))
=1983.38 - 189.755 - ( 92.024 - max(0, 738.904 - 1102.553+92.024))
=1701.601

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))
=1973.338 - 236.717 - ( 73.57 - max(0, 798.136 - 1107.37+73.57))
=1663.051

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

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

Jiangxi Ning New New Materials 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 )
=-84.32/( ( (840.18 + max(734.058, 0)) + (826.269 + max(735.231, 0)) )/ 2 )
=-84.32/( ( 1574.238 + 1561.5 )/ 2 )
=-84.32/1567.869
=-5.38 %

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)
=(439.119 + 494.159 + 24.638) - (189.755 + 0 + 34.103)
=734.058

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(448.743 + 527.79 + 16.629) - (236.717 + 0 + 21.214)
=735.231

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:

Jiangxi Ning New New Materials Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-2.642/1794.461
=-0.15 %

* 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.


Jiangxi Ning New New Materials Co EBIT Related Terms

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Jiangxi Ning New New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 966 Tiangong South Avenue, High-tech Industrial Park, Fengxin County, Jiangxi Province, Yichun City, CHN, 330700
Jiangxi Ning New New Materials Co Ltd engages in research, development, production, and sales of special graphite and its products. Its product offerings comprise Graphite Products, Molding, Isostatic Pressure, Electrodes, Diamond Material, Silicon Carbide, Carburant, and Medium Coarse Graphite. The company mainly operates high-purity graphite, and its products are widely used in industries such as metallurgy, machinery, petroleum, chemical industry, electronics, building materials, geology, and light industry.

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