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Jiashili Group (HKSE:01285) EBIT : HK$131 Mil (TTM As of Dec. 2023)


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What is Jiashili Group EBIT?

Jiashili Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$131 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiashili Group's annualized ROC % for the quarter that ended in Dec. 2023 was 4.83%. Jiashili Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiashili Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.41%.


Jiashili Group EBIT Historical Data

The historical data trend for Jiashili Group'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.

Jiashili Group EBIT Chart

Jiashili Group 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 186.32 226.87 209.19 121.15 130.51

Jiashili Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 56.47 16.67 105.27 59.60 70.90

Competitive Comparison of Jiashili Group's EBIT

For the Packaged Foods subindustry, Jiashili Group'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.


Jiashili Group's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiashili Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiashili Group's EV-to-EBIT falls into.



Jiashili Group 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 semi-annually data reported by the company within the most recent 12 months, which was HK$131 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.


Jiashili Group  (HKSE:01285) EBIT Explanation

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

Jiashili Group'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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=144.166 * ( 1 - 29.86% )/( (2115.311 + 2072.344)/ 2 )
=101.1180324/2093.8275
=4.83 %

where

Invested Capital(Q: Jun. 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))
=2442.106 - 319.386 - ( 371.223 - max(0, 1074.919 - 1082.328+371.223))
=2115.311

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))
=2385.304 - 281.882 - ( 317.29 - max(0, 963.775 - 994.853+317.29))
=2072.344

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Jiashili Group'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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=141.808/( ( (816.815 + max(-119.971, 0)) + (890.279 + max(58.468, 0)) )/ 2 )
=141.808/( ( 816.815 + 948.747 )/ 2 )
=141.808/882.781
=16.06 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.818 + 115.899 + 145.923) - (319.386 + 0 + 84.225)
=-119.971

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(68.42 + 188.982 + 209.441) - (281.882 + 0 + 126.493)
=58.468

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Jiashili Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=130.507/1143.910
=11.41 %

* 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.


Jiashili Group EBIT Related Terms

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Jiashili Group (HKSE:01285) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Gangkou Road, Changsha, Guangdong, Kaiping, CHN
Jiashili Group Ltd is an investment holding company, which engages in the manufacture and sale of candy and biscuits in the People's Republic of China. The company offers Breakfast, Crisp, Sandwich, Wafers, Coarse grain series products and others, along with Soda biscuits, Cookies, Short biscuits, and Mooncakes. It is also involved in the wholesale and retail of pre-packaged food products. The group generates majority revenue from the sales of Breakfast biscuit series products. All of the group's operations are located in the PRC. It sells products in the PRC and also exports it to other countries.
Executives
Great Logistics Global Limited 2501 Other
Grand Wing Investments Limited 2201 Interest of corporation controlled by you
Intelligent Pro Investments Limited 2201 Interest of corporation controlled by you
Jade Isle Global Limited 2201 Interest of corporation controlled by you
Prestige Choice Investments (overseas) Limited 2201 Interest of corporation controlled by you
Kaiyuan Investments Limited 2101 Beneficial owner
Huang Cuihong 2202 Interest of your spouse
Huang Rujiao 2201 Interest of corporation controlled by you
Huang Rujun 2201 Interest of corporation controlled by you
Huang Xianming 2201 Interest of corporation controlled by you
Huang Xianxian 2201 Interest of corporation controlled by you
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Tai Fung Bank Limited 2106 Person having a security interest in shares
Zhong Guo Yin Xing Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Kaiyuan Investments Limited 2101 Beneficial owner

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