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China Yongda Automobiles Services Holdings (FRA:1CY) EBIT : €80 Mil (TTM As of Jun. 2024)


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What is China Yongda Automobiles Services Holdings EBIT?

China Yongda Automobiles Services Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €80 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Yongda Automobiles Services Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 1.38%. China Yongda Automobiles Services Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 6.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Yongda Automobiles Services Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 8.53%.


China Yongda Automobiles Services Holdings EBIT Historical Data

The historical data trend for China Yongda Automobiles Services Holdings'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 Yongda Automobiles Services Holdings EBIT Chart

China Yongda Automobiles Services Holdings 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 365.28 353.69 539.12 323.92 137.10

China Yongda Automobiles Services Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 157.19 173.29 92.84 44.59 35.11

Competitive Comparison of China Yongda Automobiles Services Holdings's EBIT

For the Auto & Truck Dealerships subindustry, China Yongda Automobiles Services Holdings'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 Yongda Automobiles Services Holdings's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Yongda Automobiles Services Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Yongda Automobiles Services Holdings's EV-to-EBIT falls into.



China Yongda Automobiles Services Holdings 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €80 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 Yongda Automobiles Services Holdings  (FRA:1CY) EBIT Explanation

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

China Yongda Automobiles Services Holdings's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=44.592 * ( 1 - 19.6% )/( (2619.602 + 2567.205)/ 2 )
=35.851968/2593.4035
=1.38 %

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))
=4198.696 - 1290.816 - ( 288.278 - max(0, 1869.83 - 2246.323+288.278))
=2619.602

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))
=3882.44 - 1093.933 - ( 221.302 - max(0, 1599.578 - 1957.269+221.302))
=2567.205

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

China Yongda Automobiles Services Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=70.224/( ( (1141.536 + max(-33.497, 0)) + (1114.421 + max(27.277, 0)) )/ 2 )
=70.224/( ( 1141.536 + 1141.698 )/ 2 )
=70.224/1141.617
=6.15 %

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)
=(126.226 + 560.35 + 805.966) - (1290.816 + 0 + 235.223)
=-33.497

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(131.813 + 506.42 + 699.285) - (1093.933 + 0 + 216.308)
=27.277

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

China Yongda Automobiles Services Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=79.703/934.190
=8.53 %

* 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 Yongda Automobiles Services Holdings EBIT Related Terms

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China Yongda Automobiles Services Holdings Business Description

Traded in Other Exchanges
Address
The Center, 99 Queen’s Road Central, Unit 5708, 57th Floor, Central, Hong Kong, HKG
China Yongda Automobiles Services Holdings Ltd is a Chinese company involved in automobile sales service, automobile finance, and automobile rental. The company's reportable segments are as follows, 1) Passenger vehicle sales and services which includes the sale of passenger vehicles and provision of after-sales services, including repair and maintenance services, certain auxiliary passenger vehicles sales-related services, and provision of other passenger vehicles-related services; and 2) Automobile operating lease services. The majority of the company's revenue is earned through the Passenger vehicle sales and services segment.

China Yongda Automobiles Services Holdings Headlines

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