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China Runji Cement (China Runji Cement) EBIT : $7.66 Mil (TTM As of Feb. 2011)


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What is China Runji Cement EBIT?

China Runji Cement's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2011 was $2.48 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2011 was $7.66 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Runji Cement's annualized ROC % for the quarter that ended in Feb. 2011 was 6.48%. China Runji Cement's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2011 was 17.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


China Runji Cement EBIT Historical Data

The historical data trend for China Runji Cement'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.

China Runji Cement EBIT Chart

China Runji Cement Annual Data
Trend Jan06 Jan07 Aug08 Aug09 Aug10
EBIT
-0.02 -0.05 7.83 4.48 1.55

China Runji Cement Quarterly Data
Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11
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 0.42 -0.34 -0.35 5.87 2.48

Competitive Comparison of China Runji Cement's EBIT

For the Building Materials subindustry, China Runji Cement'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.


China Runji Cement's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Runji Cement's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Runji Cement's EV-to-EBIT falls into.



China Runji Cement 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 Feb. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.66 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.


China Runji Cement  (GREY:CRJI) EBIT Explanation

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

China Runji Cement's annualized ROC % for the quarter that ended in Feb. 2011 is calculated as:

ROC % (Q: Feb. 2011 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2010 ) + Invested Capital (Q: Feb. 2011 ))/ count )
=8.524 * ( 1 - 42.79% )/( (74.191 + 76.364)/ 2 )
=4.8765804/75.2775
=6.48 %

where

Note: The Operating Income data used here is four times the quarterly (Feb. 2011) data.

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

China Runji Cement's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2011 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2011 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2010  Q: Feb. 2011
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9.908/( ( (55.652 + max(-19.246, 0)) + (55.162 + max(-12.431, 0)) )/ 2 )
=9.908/( ( 55.652 + 55.162 )/ 2 )
=9.908/55.407
=17.88 %

where Working Capital is:

Working Capital(Q: Nov. 2010 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.87 + 2.437 + 5.404) - (41.957 + 0 + 0)
=-19.246

Working Capital(Q: Feb. 2011 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.824 + 3.051 + 7.848) - (31.153 + 0 + 0.0010000000000048)
=-12.431

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2011) EBIT data.

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

China Runji Cement's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2011 )
=7.661/0.000
= %

* 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.


China Runji Cement EBIT Related Terms

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China Runji Cement (China Runji Cement) Business Description

Traded in Other Exchanges
N/A
Address
Xianzong town, Hanshan county, Chaohu, Anhui, CHN
Website
China Runji Cement Inc through its subsidiary is engaged in the production and sale of cement in mainland China.

China Runji Cement (China Runji Cement) Headlines

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