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Orient International Enterprise (SHSE:600278) EBIT : ¥443 Mil (TTM As of Sep. 2024)


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What is Orient International Enterprise EBIT?

Orient International Enterprise's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥107 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥443 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Orient International Enterprise's annualized ROC % for the quarter that ended in Sep. 2024 was 2.60%. Orient International Enterprise's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 34.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Orient International Enterprise's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 24.41%.


Orient International Enterprise EBIT Historical Data

The historical data trend for Orient International Enterprise'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.

Orient International Enterprise EBIT Chart

Orient International Enterprise 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 362.95 487.60 637.28 662.05 536.94

Orient International Enterprise 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 130.98 106.67 107.26 122.22 106.56

Competitive Comparison of Orient International Enterprise's EBIT

For the Integrated Freight & Logistics subindustry, Orient International Enterprise'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.


Orient International Enterprise's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Orient International Enterprise's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Orient International Enterprise's EV-to-EBIT falls into.


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Orient International Enterprise 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 ¥443 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.


Orient International Enterprise  (SHSE:600278) EBIT Explanation

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

Orient International Enterprise'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 )
=314.38 * ( 1 - 25.24% )/( (8563.715 + 9524.764)/ 2 )
=235.030488/9044.2395
=2.60 %

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))
=17041.627 - 4081.627 - ( 4970.375 - max(0, 9020.596 - 13416.881+4970.375))
=8563.715

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))
=17885.304 - 3877.081 - ( 4624.344 - max(0, 9394.943 - 13878.402+4624.344))
=9524.764

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

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

Orient International Enterprise'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 )
=426.228/( ( (1245.574 + max(-723.373, 0)) + (1210.271 + max(-225.088, 0)) )/ 2 )
=426.228/( ( 1245.574 + 1210.271 )/ 2 )
=426.228/1227.9225
=34.71 %

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)
=(2122.536 + 2229.67 + 3316.324) - (4081.627 + 0 + 4310.276)
=-723.373

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2265.277 + 2451.669 + 3699.128) - (3877.081 + 0 + 4764.081)
=-225.088

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:

Orient International Enterprise's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=442.694/1813.658
=24.41 %

* 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.


Orient International Enterprise EBIT Related Terms

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Orient International Enterprise Business Description

Traded in Other Exchanges
N/A
Address
85 Loushanguan Road, Block A, Dongfang International Building, Shanghai, CHN
Orient International Enterprise Ltd is primarily engaged in the import and export of garments and textiles from domestic and foreign orders. It covers all kind of clothing textile products, such as all kinds of cotton gauze fabrics, blended fabrics, various household textile products, cotton knitwear garments, shirts and T-shirts, suit jackets and others. Further, it is also involved in the logistics business.

Orient International Enterprise Headlines

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