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Guoquan Food (Shanghai) Co (HKSE:02517) EBIT : HK$403 Mil (TTM As of Dec. 2023)


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What is Guoquan Food (Shanghai) Co EBIT?

Guoquan Food (Shanghai) Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$403 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$403 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guoquan Food (Shanghai) Co's annualized ROC % for the quarter that ended in Dec. 2023 was 9.49%. Guoquan Food (Shanghai) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 43.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guoquan Food (Shanghai) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.42%.


Guoquan Food (Shanghai) Co EBIT Historical Data

The historical data trend for Guoquan Food (Shanghai) 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.

Guoquan Food (Shanghai) Co EBIT Chart

Guoquan Food (Shanghai) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
-48.83 -726.89 373.66 403.45

Guoquan Food (Shanghai) Co Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
EBIT -48.83 -726.89 373.66 403.45

Competitive Comparison of Guoquan Food (Shanghai) Co's EBIT

For the Packaged Foods subindustry, Guoquan Food (Shanghai) 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.


Guoquan Food (Shanghai) Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guoquan Food (Shanghai) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Guoquan Food (Shanghai) Co's EV-to-EBIT falls into.



Guoquan Food (Shanghai) 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$403 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.


Guoquan Food (Shanghai) Co  (HKSE:02517) EBIT Explanation

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

Guoquan Food (Shanghai) 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: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=351.318 * ( 1 - 27.52% )/( (2825.32 + 2543.72)/ 2 )
=254.6352864/2684.52
=9.49 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=4556.944 - 899.648 - ( 831.976 - max(0, 1455.098 - 2690.197+831.976))
=2825.32

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))
=5087.872 - 762.794 - ( 1781.358 - max(0, 1277.411 - 3144.935+1781.358))
=2543.72

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

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

Guoquan Food (Shanghai) 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: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=403.448/( ( (596.657 + max(438.7, 0)) + (654.962 + max(178.596, 0)) )/ 2 )
=403.448/( ( 1035.357 + 833.558 )/ 2 )
=403.448/934.4575
=43.17 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(150.003 + 1169.651 + 445.302) - (899.648 + 0 + 426.608)
=438.7

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(59.352 + 786.99 + 511.242) - (762.794 + 0 + 416.194)
=178.596

When net working capital is negative, 0 is used.

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

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

Guoquan Food (Shanghai) Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=403.448/11793.955
=3.42 %

* 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.


Guoquan Food (Shanghai) Co EBIT Related Terms

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Guoquan Food (Shanghai) Co (HKSE:02517) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Lane 187, Xinghong Road, Room 802, No. 3, Minhang, Shanghai, CHN
Guoquan Food (Shanghai) Co Ltd is the leading and rapidly growing home meal products brand in China. It offers a variety of ready-to-eat, ready-to-heat, ready-to-cook and prepared ingredients, with a focus on at-home hotpot and barbecue products. With a carefully curated product portfolio and an extensive network of community-based stores, it enables consumers to enjoy meals at home with convenience, affordability and tastiness. Leveraging its robust supply chain and production capabilities, The company offers a wide variety of home meal products under the Guoquan Shihui brand through a nationwide network of 9,844 retail stores in China, serving diverse dining scenarios.
Executives
Zhao Yin Guo Ji Zi Ben Guan Li Shen Zhen You Xian Gong Si
Generation One Holdings Ltd 2101 Beneficial owner
Vision Knight Capital (china) Fund Ii, L.p. 2201 Interest of corporation controlled by you
Vision Knight Capital (china) Gp Ii, L.p. 2201 Interest of corporation controlled by you
Vkc (china) Gp Ii Ltd. 2201 Interest of corporation controlled by you
Vkc Cayman Ii Ltd. 2201 Interest of corporation controlled by you
Ho Chi Sing 2201 Interest of corporation controlled by you
Wei Zhe 2201 Interest of corporation controlled by you
Zhao Shang Yin Xing Gu Fen You Xian Gong Si
Li Zhujie 2201 Interest of corporation controlled by you
Zhao Yin Guo Ji Jin Rong Kong Gu You Xian Gong Si
Zhao Yin Guo Ji Jin Rong You Xian Gong Si
Zhao Yin Jin Rong Kong Gu Shen Zhen You Xian Gong Si
Shang Hai Guo Xiao Quan Qi Ye Guan Li Zhong Xin You Xian He Huo 2101 Beneficial owner
San Quan Shi Pin Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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