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JRSIS Health Care (JRSIS Health Care) EBIT : $-0.39 Mil (TTM As of Sep. 2023)


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What is JRSIS Health Care EBIT?

JRSIS Health Care's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.39 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. JRSIS Health Care's annualized ROC % for the quarter that ended in Sep. 2023 was -93.15%. JRSIS Health Care's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -93.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. JRSIS Health Care's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -5.81%.


JRSIS Health Care EBIT Historical Data

The historical data trend for JRSIS Health Care'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.

JRSIS Health Care EBIT Chart

JRSIS Health Care Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.75 3.04 6.33 -0.10 -0.33

JRSIS Health Care Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.13 -0.05 -0.12 -0.11 -0.12

Competitive Comparison of JRSIS Health Care's EBIT

For the Medical Care Facilities subindustry, JRSIS Health Care'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.


JRSIS Health Care's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, JRSIS Health Care's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where JRSIS Health Care's EV-to-EBIT falls into.



JRSIS Health Care 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.39 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.


JRSIS Health Care  (OTCPK:JRSS) EBIT Explanation

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

JRSIS Health Care's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-0.476 * ( 1 - 0% )/( (0.574 + 0.448)/ 2 )
=-0.476/0.511
=-93.15 %

where

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

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

JRSIS Health Care's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.476/( ( (0.044 + max(0.529, 0)) + (0.038 + max(0.407, 0)) )/ 2 )
=-0.476/( ( 0.573 + 0.445 )/ 2 )
=-0.476/0.509
=-93.52 %

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)
=(0.014 + 0 + 0.573) - (0.059 + 0 + -0.00099999999999999)
=0.529

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.491) - (0.084 + 0 + -1.3877787807814E-17)
=0.407

When net working capital is negative, 0 is used.

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

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

JRSIS Health Care's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-0.388/6.676
=-5.81 %

* 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.


JRSIS Health Care EBIT Related Terms

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JRSIS Health Care (JRSIS Health Care) Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Chang Yi Road, 3rd Floor, Building A, De Run Yuan, Chang Ming Shui, Wu Gui Shan, Zhongshan, CHN, 528458
JRSIS Health Care Corp is engaged in operating Jiarun Hospital, a private hospital with nearly 950 open beds. The Jiarun Hospital services in the areas of pediatrics, dermatology, ears, nose, and throat (ent), traditional Chinese medicine (TCM), ophthalmology, internal medicine dentistry, general surgery, rehabilitation science, gynecology, general medical services, and others. It also offers patient care and the sale of medicine in the areas of both Western and Chinese medical practices to the residents of Harbin.
Executives
Zhuowei Zhong director, 10 percent owner, officer: President 5 JUMEI BIG STREET, XIAOLAN TOWN, ZHONGSHAN CITY, GUANGDONG PROVINCE F4 528415
Zhifei Huang director, officer: Chief Executive Officer 3 FIVE ALLEY, DITANGKOU, PINGWANGGANGXIE, DATANG TOWN, SANSHUI DISTRICT, FOSHAN, GUANGDONG PROVINCE F4 528143
Zhuowen Chen director, officer: Chief Financial Officer 401 BUILDING 23, JIANGPAN NEW RESIDENTIAL QUARTERS, ZHONGSHAN CITY, GUANGDONG PROV F4 528401
Lihua Sun director, officer: Chief Executive Officer 1ST-7TH FLOOR,IND & COMM BANK BLDG,, XINGFU ST, HULAN TOWN, HULAN DISTRICT, HARBIN F4 150599
Junsheng Zhang director, 10 percent owner, officer: President and Chm of the Board 1ST-7TH FLOOR,IND & COMM BANK BLDG,, XINGFU ST, HULAN TOWN, HULAN DISTRICT, HARBIN F4 150599
Xuewei Zhang director, officer: Chief Financial Officer 1ST-7TH FL, IND & COMM BANK BLDG., XINGFU ST, HULAN TOWN, HULAN DISTRICT, HARBIN F4 150599
Yanhui Xing director A204, BLOCK 1, ZHUJIANG XUJING GARDEN, BANXUEGANG RD, LONGGANG DISTRICT, SHENZHEN F4 518000

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