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NBTM New Materials Group Co (SHSE:600114) EBIT : ¥584 Mil (TTM As of Dec. 2024)


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What is NBTM New Materials Group Co EBIT?

NBTM New Materials Group Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ¥183 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ¥584 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NBTM New Materials Group Co's annualized ROC % for the quarter that ended in Dec. 2024 was 14.23%. NBTM New Materials Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 15.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NBTM New Materials Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 4.01%.


NBTM New Materials Group Co EBIT Historical Data

The historical data trend for NBTM New Materials Group 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.

NBTM New Materials Group Co EBIT Chart

NBTM New Materials Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 195.15 38.16 268.70 311.03 583.69

NBTM New Materials Group Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 132.53 123.33 152.61 124.61 183.14

Competitive Comparison of NBTM New Materials Group Co's EBIT

For the Auto Parts subindustry, NBTM New Materials Group 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.


NBTM New Materials Group Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NBTM New Materials Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where NBTM New Materials Group Co's EV-to-EBIT falls into.


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NBTM New Materials Group 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.

EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥584 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.


NBTM New Materials Group Co  (SHSE:600114) EBIT Explanation

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

NBTM New Materials Group Co's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=880.136 * ( 1 - -0.75% )/( (6195.291 + 6269.833)/ 2 )
=886.73702/6232.562
=14.23 %

where

Invested Capital(Q: Sep. 2024 )
=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))
=7374.42 - 837.227 - ( 341.902 - max(0, 2251.173 - 3119.179+341.902))
=6195.291

Invested Capital(Q: Dec. 2024 )
=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))
=7546.623 - 959.268 - ( 317.522 - max(0, 1858.342 - 3268.562+317.522))
=6269.833

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

NBTM New Materials Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=732.552/( ( (2897.331 + max(1646.794, 0)) + (2916.321 + max(1709.34, 0)) )/ 2 )
=732.552/( ( 4544.125 + 4625.661 )/ 2 )
=732.552/4584.893
=15.98 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1329.226 + 1141.588 + 21.046) - (837.227 + 0 + 7.8389999999999)
=1646.794

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1453.799 + 1204.727 + 15.863) - (959.268 + 0 + 5.7809999999999)
=1709.34

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

NBTM New Materials Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=583.685/14570.923
=4.01 %

* 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.


NBTM New Materials Group Co EBIT Related Terms

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NBTM New Materials Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Jingjiang Road, Jiangshan Industrial Zone, Yinzhou, Ningbo, Zhejiang, CHN, 315191
NBTM New Materials Group Co Ltd is engaged in producing and selling powder metal structural parts and magnetic materials components in China. It provides car parts, such as car engine, auto transmission, auto chassis, and other products; new energy parts; air condition compressor and refrigerator compressor parts for home appliances; and motorcycle engines, clutches, driven gears, and other components.
Executives
Cao Yang Director
Lu De Bao Director
Zhu Zhi Rong Directors, senior managers
He Ling Min senior management
Yan Feng Mu senior management
Xiao Ya Jun senior management
Xu Kai senior management
Chen Yi Zhen Supervisors
Gu Jin Director
Duo Tian Chang Hong Director
Shi Xiao Di senior management
Huang Yong Ping senior management
Shu Zheng Ping senior management

NBTM New Materials Group Co Headlines

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