Great Wall Motor Co (Great Wall Motor Co) EBIT : $1,712 Mil (TTM As of Dec. 2023)

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What is Great Wall Motor Co EBIT?

Great Wall Motor Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $347 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $1,712 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Great Wall Motor Co's annualized ROC % for the quarter that ended in Dec. 2023 was 6.27%. Great Wall Motor Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 26.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Great Wall Motor Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.10%.

Great Wall Motor Co EBIT Historical Data

The historical data trend for Great Wall Motor 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.

Great Wall Motor Co EBIT Chart

Great Wall Motor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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752.00

992.53

1,248.75

1,365.93

1,228.36

Great Wall Motor Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															38.52	219.88	610.66	346.50	534.88

Competitive Comparison of Great Wall Motor Co's EBIT

For the Auto Manufacturers subindustry, Great Wall Motor 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.

Great Wall Motor Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Great Wall Motor Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Great Wall Motor Co's EV-to-EBIT falls into.

Great Wall Motor 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,712 Mil.

Great Wall Motor Co (OTCPK:GWLLF) EBIT Explanation

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

Great Wall Motor Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	1187.86 * ( 1 - 8.83% )	/	( (14941.022	+	19603.519)	/ 2 )
=	1082.971962	/	17272.2705
=	6.27 %

where

	Invested Capital		(Q: Sep. 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	))
=	26220.393	-	9886.455	-	( 3696.267	-	max(0, 13778.901	-	15171.817	+	3696.267	))
=	14941.022

	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	))
=	28188.327	-	7499.586	-	( 7003.37	-	max(0, 15522.694	-	16607.916	+	7003.37	))
=	19603.519

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Great Wall Motor Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1386.012	/	( ( (5161.949 + max(-6284.019, 0))	+	(5241.756 + max(-960.667, 0)) )	/	2 )
=	1386.012	/	( ( 5161.949	+	5241.756 )	/	2 )
=	1386.012	/	5201.8525
=	26.64 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(779.664	+	3414.427	+	1745.664)	-	(9886.455	+	0	+	2337.319)
=	-6284.019

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1007.422	+	3729.273	+	4151.072)	-	(7499.586	+	0	+	2348.848)
=	-960.667

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Great Wall Motor Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	1711.921	/	28084.238
	=	6.10 %

Great Wall Motor Co EBIT Related Terms

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Great Wall Motor Co (Great Wall Motor Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Great Wall Motor Co Ltd (OTCPK:GWLLF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

GWLLY:USA 02333:Hong Kong GRV:Germany 601633:China

Address

No. 2266 Chaoyang Road South, Hebei Province, Baoding, CHN, 071000

Website

https://www.gwm.com.cn

Chinese automobile manufacturer Great Wall Motor is China's market leader in the SUV and pickup truck segments. In 2022, the company sold over 615,000 Haval-branded SUVs and 160,000 WEY- and Tank-branded SUVs, making it the largest SUV manufacturer by sales volume for the 12th year. It also sold more than 195,000 pickup trucks, also ranked number one in sales volume for 25 consecutive years. China's domestic market accounts for about 90% of Great Wall's revenue, with the balance coming from Russia, the Middle East, South Africa, Australia, and Chile, among others.