Sino Grandness Food Industry Group (SGX:T4B) EBIT: S$52.7 Mil (TTM As of Dec. 2023)

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What is Sino Grandness Food Industry Group EBIT?

Sino Grandness Food Industry Group SGX:T4B EBIT is S$52.7 Mil as of Dec. 2023.

Sino Grandness Food Industry Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was S$0.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was S$52.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sino Grandness Food Industry Group's annualized ROC % for the quarter that ended in Dec. 2023 was 0.00%. Sino Grandness Food Industry Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sino Grandness Food Industry Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 229.37%.

Sino Grandness Food Industry Group  (SGX:T4B) EBIT Explanation

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

Sino Grandness Food Industry 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: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=0 * ( 1 - 0% )/( (664.996 + 701.729)/ 2 )
=0/683.3625
=0.00 %

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))
=679.545 - 50.872 - ( 84.143 - max(0, 318.113 - 281.79+84.143))
=664.996

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))
=695.643 - 36.727 - ( 50.861 - max(0, 331.94 - 289.127+50.861))
=701.729

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

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

Sino Grandness Food Industry 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: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (384.462 + max(145.609, 0)) + (388.012 + max(200.768, 0)) )/ 2 )
=0/( ( 530.071 + 588.78 )/ 2 )
=0/559.4255
=0.00 %

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)
=(151.425 + 3.391 + 42.522) - (50.872 + 0 + 0.85699999999997)
=145.609

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(183.422 + 1.958 + 52.172) - (36.727 + 0 + 0.057000000000016)
=200.768

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:

Sino Grandness Food Industry Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=52.727/22.988
=229.37 %

* 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.

Sino Grandness Food Industry Group EBIT Related Terms

Sino Grandness Food Industry Group EBIT Historical Data

* Premium members only.

The historical data trend for Sino Grandness Food Industry 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.

Sino Grandness Food Industry Group EBIT Chart

Sino Grandness Food Industry 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 77.53 -309.78 75.09 50.29 68.67

Sino Grandness Food Industry Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 8.54 17.57 12.96 13.66 0.00

SGX:T4B vs KHC, GIS, HRL: EBIT Comparison

For the Packaged Foods subindustry, Sino Grandness Food Industry 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.

Sino Grandness Food Industry Group EV-to-EBIT vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Sino Grandness Food Industry Group's EV-to-EBIT falls into.


Sino Grandness Food Industry 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 quarterly data reported by the company within the most recent 12 months, which was S$52.7 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$52.7 Mil mean?
Sino Grandness Food Industry Group (SGX:T4B) has a EBIT of S$52.7 Mil as of Dec. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sino Grandness Food Industry Group.
Is Sino Grandness Food Industry Group's EBIT too high?
Sino Grandness Food Industry Group's current EBIT is S$52.7 Mil.
How does Sino Grandness Food Industry Group's EBIT compare to KHC and GIS?
Sino Grandness Food Industry Group's EBIT of S$52.7 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods 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 Sino Grandness Food Industry Group. Sino Grandness Food Industry Group's current EBIT is S$52.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Grandness Food Industry Group stock overvalued right now?
Sino Grandness Food Industry Group (SGX:T4B) has a current EBIT of S$52.7 Mil. The current EBIT is S$52.7 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 Sino Grandness Food Industry Group (SGX:T4B), the current EBIT is S$52.7 Mil as of Dec. 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.

Sino Grandness Food Industry Group Business Description

Address No. 1 Gaoxin South 7th Road, Unit 2302, Yuemeite Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518063
Sino Grandness Food Industry Group Ltd is an investment holding company. Its operating segments include the Grandness segment includes the Manufacturing and sale of canned vegetables and canned fruits and the Garden Fresh segment includes sales of fruit juices and Fruit beverages. It generates maximum revenue from the Garden Fresh segment of Fruit beverages. Geographically, it derives a majority of its revenue from the People's Republic of China and also has a presence in Europe, North America, South America, and Other Countries. Some of its products include mandarin orange, litchi, pear, pineapple, yellow peach, Loquat juice, and others.