GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Jiangsu Yangnong Chemical Co Ltd (SHSE:600486) » Definitions » EBIT

Jiangsu Yangnong Chemical Co (SHSE:600486) EBIT : ¥1,496 Mil (TTM As of Sep. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Jiangsu Yangnong Chemical Co EBIT?

Jiangsu Yangnong Chemical Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥308 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥1,496 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiangsu Yangnong Chemical Co's annualized ROC % for the quarter that ended in Sep. 2024 was 9.66%. Jiangsu Yangnong Chemical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 19.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiangsu Yangnong Chemical Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.55%.


Jiangsu Yangnong Chemical Co EBIT Historical Data

The historical data trend for Jiangsu Yangnong Chemical 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.

Jiangsu Yangnong Chemical Co EBIT Chart

Jiangsu Yangnong Chemical 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 1,468.23 1,473.38 1,482.97 2,194.70 1,911.98

Jiangsu Yangnong Chemical 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 294.23 256.91 522.75 408.14 308.47

Competitive Comparison of Jiangsu Yangnong Chemical Co's EBIT

For the Agricultural Inputs subindustry, Jiangsu Yangnong Chemical 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.


Jiangsu Yangnong Chemical Co's EV-to-EBIT Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Jiangsu Yangnong Chemical Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiangsu Yangnong Chemical Co's EV-to-EBIT falls into.



Jiangsu Yangnong Chemical 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 ¥1,496 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.


Jiangsu Yangnong Chemical Co  (SHSE:600486) EBIT Explanation

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

Jiangsu Yangnong Chemical 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 )
=1051.428 * ( 1 - 11.12% )/( (9031.081 + 10312.899)/ 2 )
=934.5092064/9671.99
=9.66 %

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))
=17096.545 - 5965.369 - ( 2100.095 - max(0, 6703.671 - 9449.361+2100.095))
=9031.081

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))
=17109.941 - 5729.889 - ( 1623.367 - max(0, 6454.151 - 7521.304+1623.367))
=10312.899

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

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

Jiangsu Yangnong Chemical 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 )
=1233.876/( ( (5838.308 + max(371.53, 0)) + (6234.511 + max(-1117.843, 0)) )/ 2 )
=1233.876/( ( 6209.838 + 6234.511 )/ 2 )
=1233.876/6222.1745
=19.83 %

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)
=(2733.116 + 1142.552 + 2650.122) - (5965.369 + 0 + 188.891)
=371.53

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2575.731 + 1174.67 + 1038.856) - (5729.889 + 0 + 177.211)
=-1117.843

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:

Jiangsu Yangnong Chemical Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1496.264/19810.848
=7.55 %

* 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.


Jiangsu Yangnong Chemical Co EBIT Related Terms

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


Jiangsu Yangnong Chemical Co Business Description

Traded in Other Exchanges
N/A
Address
No. 203, Kaifa West Road, Yangnong Building, Hanjiang District, Jiangsu Province, Yangzhou, CHN, 225127
Jiangsu Yangnong Chemical Co Ltd is engaged in Research and development, production and sales of pesticide products.
Executives
Kong Yong senior management
Li Chang Qing senior management
Wang Dong Chao senior management
Wang Ming Kun senior management
Wu Xiao Ju Directors, senior managers
Lu Dong Sheng senior management
Li An Ming senior management
Jiang You Fa senior management
Shen Yang senior management
Zhang Qing Ping Supervisors
Wu Jian Min Director

Jiangsu Yangnong Chemical Co Headlines

No Headlines