Dasin Retail Trust (SGX:CEDU) EBIT: S$-324.76 Mil (TTM As of Sep. 2023)

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What is Dasin Retail Trust EBIT?

Dasin Retail Trust SGX:CEDU EBIT is S$-324.76 Mil as of Sep. 2023.

Dasin Retail Trust's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was S$5.18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was S$-324.76 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dasin Retail Trust's annualized ROC % for the quarter that ended in Sep. 2023 was 1.33%. Dasin Retail Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 27,236.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dasin Retail Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -38.93%.

Dasin Retail Trust  (SGX:CEDU) EBIT Explanation

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

Dasin Retail Trust'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 )
=35.196 * ( 1 - 0% )/( (2636.419 + 2647.435)/ 2 )
=35.196/2641.927
=1.33 %

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))
=1811.837 - 48.12 - ( 105.029 - max(0, 988.672 - 115.97+105.029))
=2636.419

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))
=1820.162 - 59.297 - ( 102.095 - max(0, 999.245 - 112.675+102.095))
=2647.435

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

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

Dasin Retail Trust'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 )
=20.7/( ( (0.085 + max(-54.781, 0)) + (0.067 + max(-68.344, 0)) )/ 2 )
=20.7/( ( 0.085 + 0.067 )/ 2 )
=20.7/0.076
=27,236.84 %

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)
=(3.341 + 0 + 7.324) - (48.12 + 0 + 17.326)
=-54.781

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.005 + 0 + 6.763) - (59.297 + 0 + 18.815)
=-68.344

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:

Dasin Retail Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-324.758/834.286
=-38.93 %

* 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.

Dasin Retail Trust EBIT Related Terms

Dasin Retail Trust EBIT Historical Data

* Premium members only.

The historical data trend for Dasin Retail Trust'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.

Dasin Retail Trust EBIT Chart

Dasin Retail Trust 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 28.41 34.37 -43.92 -8.65 -316.84

Dasin Retail Trust Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 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 2.95 -267.26 13.63 -76.30 5.18

Dasin Retail Trust EBIT Competitor Comparison

For the Real Estate - Development subindustry, Dasin Retail Trust'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.

Dasin Retail Trust EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Dasin Retail Trust's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dasin Retail Trust's EV-to-EBIT falls into.


Dasin Retail Trust 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 S$-324.76 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of S$-324.76 Mil mean?
Dasin Retail Trust (SGX:CEDU) has a EBIT of S$-324.76 Mil as of Sep. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Dasin Retail Trust.
Is Dasin Retail Trust's EBIT too high?
Dasin Retail Trust's current EBIT is S$-324.76 Mil.
How does Dasin Retail Trust's EBIT compare to competitors?
Dasin Retail Trust's EBIT of S$-324.76 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Real Estate company?
A good EBIT depends on the Real Estate industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Dasin Retail Trust. Dasin Retail Trust's current EBIT is S$-324.76 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dasin Retail Trust stock overvalued right now?
Dasin Retail Trust (SGX:CEDU) has a current EBIT of S$-324.76 Mil. The current EBIT is S$-324.76 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Dasin Retail Trust (SGX:CEDU), the current EBIT is S$-324.76 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Dasin Retail Trust Business Description

Address 138 Market Street, CapitaGreen No 26-02, Singapore, SGP, 048946
Dasin Retail Trust is a China retail property trust. The Trust's mandate is to invest in, own or develop land, uncompleted developments and income-producing real estate in Greater China used primarily for retail purposes, as well as real estate related assets, with a focus on retail malls. The Trust's portfolio comprises seven retail malls located in Zhongshan, Zhuhai and Foshan cities in Guangdong, PRC. The Trust is managed by Dasin Retail Trust Management Pte Ltd in its capacity as the Trustee-Manager. The Trust's reporting segments are Shiqi Metro Mall, Xiaolan Metro Mall, Ocean Metro Mall, Dasin E-Colour, Doumen Metro Mall, Shunde Metro Mall and Tanbei Metro Mall.