GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Anhui Xinli Finance Co Ltd (SHSE:600318) » Definitions » EBIT

Anhui Xinli Finance Co (SHSE:600318) EBIT : ¥193.5 Mil (TTM As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Anhui Xinli Finance Co EBIT?

Anhui Xinli Finance Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥59.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥193.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Anhui Xinli Finance Co's annualized ROC % for the quarter that ended in Mar. 2024 was 4.08%. Anhui Xinli Finance Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 28.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Anhui Xinli Finance Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.26%.


Anhui Xinli Finance Co EBIT Historical Data

The historical data trend for Anhui Xinli Finance 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.

Anhui Xinli Finance Co EBIT Chart

Anhui Xinli Finance 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 306.72 240.90 -124.48 8.47 196.26

Anhui Xinli Finance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 62.27 61.92 56.95 15.12 59.49

Competitive Comparison of Anhui Xinli Finance Co's EBIT

For the Asset Management subindustry, Anhui Xinli Finance 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.


Anhui Xinli Finance Co's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Anhui Xinli Finance Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Anhui Xinli Finance Co's EV-to-EBIT falls into.



Anhui Xinli Finance 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥193.5 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.


Anhui Xinli Finance Co  (SHSE:600318) EBIT Explanation

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

Anhui Xinli Finance Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=207.936 * ( 1 - 30.07% )/( (3460.808 + 3671.813)/ 2 )
=145.4096448/3566.3105
=4.08 %

where

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))
=4109.341 - 439.322 - ( 209.211 - max(0, 1426.883 - 1815.54+209.211))
=3460.808

Invested Capital(Q: Mar. 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))
=4326.424 - 481.153 - ( 173.458 - max(0, 1563.458 - 1902.038+173.458))
=3671.813

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

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

Anhui Xinli Finance Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=237.96/( ( (25.209 + max(758.544, 0)) + (23.897 + max(872.811, 0)) )/ 2 )
=237.96/( ( 783.753 + 896.708 )/ 2 )
=237.96/840.2305
=28.32 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.079 + 0.029 + 1267.474) - (439.322 + 0 + 75.716)
=758.544

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.24 + 0.029 + 1420.06) - (481.153 + 0 + 74.365)
=872.811

When net working capital is negative, 0 is used.

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

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

Anhui Xinli Finance Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=193.476/4541.828
=4.26 %

* 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.


Anhui Xinli Finance Co EBIT Related Terms

Thank you for viewing the detailed overview of Anhui Xinli Finance Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Anhui Xinli Finance Co (SHSE:600318) Business Description

Traded in Other Exchanges
N/A
Address
No. 269 Changjiang West Road, Chaohu, Anhui, CHN, 238001
Anhui Xinli Finance Co Ltd is focused on financial equity investment and asset management. The Group is positioned as a comprehensive financial enterprise featuring rural financial services and Internet finance. It has developed into a financial holding group that covers financial security, small loans, pawn shops, financial leasing, Internet finance (P2P), fund management, asset management and other seven financial institutions. Geographically operates the business through the region of China.
Executives
Dong Fei Supervisors
Hong Zhi Cheng senior management
Sun Fu Lai senior management
Liu Yang senior management
Zhang Yue Supervisors
Xu Sheng Ming Director
Qian Yuan Wen Supervisors
Meng Qing Li senior management
Zhong Gang senior management
Xu Li Xin Director

Anhui Xinli Finance Co (SHSE:600318) Headlines

No Headlines