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Zhejiang Jiahua Energy Chemical Industry Co (SHSE:600273) EBIT : ¥1,209 Mil (TTM As of Sep. 2024)


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What is Zhejiang Jiahua Energy Chemical Industry Co EBIT?

Zhejiang Jiahua Energy Chemical Industry Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥291 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥1,209 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhejiang Jiahua Energy Chemical Industry Co's annualized ROC % for the quarter that ended in Sep. 2024 was 10.37%. Zhejiang Jiahua Energy Chemical Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 15.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhejiang Jiahua Energy Chemical Industry Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 11.79%.


Zhejiang Jiahua Energy Chemical Industry Co EBIT Historical Data

The historical data trend for Zhejiang Jiahua Energy Chemical Industry 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.

Zhejiang Jiahua Energy Chemical Industry Co EBIT Chart

Zhejiang Jiahua Energy Chemical Industry Co 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 1,461.30 1,507.69 2,092.71 1,833.77 1,325.13

Zhejiang Jiahua Energy Chemical Industry Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 328.72 311.62 249.78 356.64 291.42

Competitive Comparison of Zhejiang Jiahua Energy Chemical Industry Co's EBIT

For the Chemicals subindustry, Zhejiang Jiahua Energy Chemical Industry 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.


Zhejiang Jiahua Energy Chemical Industry Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Jiahua Energy Chemical Industry Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Jiahua Energy Chemical Industry Co's EV-to-EBIT falls into.


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Zhejiang Jiahua Energy Chemical Industry 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,209 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.


Zhejiang Jiahua Energy Chemical Industry Co  (SHSE:600273) EBIT Explanation

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

Zhejiang Jiahua Energy Chemical Industry Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=1147.948 * ( 1 - 9.6% )/( (9834.733 + 10186.151)/ 2 )
=1037.744992/10010.442
=10.37 %

where

Invested Capital(Q: Jun. 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))
=12640.32 - 1781.22 - ( 1024.367 - max(0, 2278.58 - 3890.473+1024.367))
=9834.733

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))
=12804.512 - 1938.712 - ( 679.649 - max(0, 2474.58 - 3502.924+679.649))
=10186.151

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

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

Zhejiang Jiahua Energy Chemical Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1165.676/( ( (7085.472 + max(184.869, 0)) + (7491.014 + max(-99.864, 0)) )/ 2 )
=1165.676/( ( 7270.341 + 7491.014 )/ 2 )
=1165.676/7380.6775
=15.79 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(768.039 + 850.109 + 618.933) - (1781.22 + 0 + 270.992)
=184.869

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(817.437 + 630.879 + 632.751) - (1938.712 + 0 + 242.219)
=-99.864

When net working capital is negative, 0 is used.

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

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

Zhejiang Jiahua Energy Chemical Industry Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1209.453/10262.024
=11.79 %

* 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.


Zhejiang Jiahua Energy Chemical Industry Co EBIT Related Terms

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Zhejiang Jiahua Energy Chemical Industry Co Business Description

Traded in Other Exchanges
N/A
Address
Coastal Road No. 2288, Zhapu Economic Development Park, Jiaxing, Zhejiang, CHN, 314201
Zhejiang Jiahua Energy Chemical Industry Co Ltd is engaged in the production of caustic soda and acids. Its products series include chlor-alkali series, combined heat and power, Ortho-para series, sulfuric acid series and fatty alcohol series.
Executives
Wang Hong Liang Director
Wang Xu Bo Supervisors
Shen Xin Hua Director
Shen Gao Qing senior management
Shao Sheng Fu Director
Guan Jian Zhong Director
Wang Wei Qiang Supervisors
Wang Jian Ping Director
Gu Li Jing Director
Lin Lin senior management
Xu Yun Supervisors
Ye Zhen Xin Supervisors

Zhejiang Jiahua Energy Chemical Industry Co Headlines

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