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Jiangsu Jiangnan High Polymer Fiber Co (SHSE:600527) EBIT : ¥53.1 Mil (TTM As of Sep. 2024)


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What is Jiangsu Jiangnan High Polymer Fiber Co EBIT?

Jiangsu Jiangnan High Polymer Fiber Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-7.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥53.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiangsu Jiangnan High Polymer Fiber Co's annualized ROC % for the quarter that ended in Sep. 2024 was 1.84%. Jiangsu Jiangnan High Polymer Fiber Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -2.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiangsu Jiangnan High Polymer Fiber Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.09%.


Jiangsu Jiangnan High Polymer Fiber Co EBIT Historical Data

The historical data trend for Jiangsu Jiangnan High Polymer Fiber 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 Jiangnan High Polymer Fiber Co EBIT Chart

Jiangsu Jiangnan High Polymer Fiber 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 88.62 267.57 114.83 95.29 51.56

Jiangsu Jiangnan High Polymer Fiber 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 -11.66 36.74 7.21 16.39 -7.25

Competitive Comparison of Jiangsu Jiangnan High Polymer Fiber Co's EBIT

For the Chemicals subindustry, Jiangsu Jiangnan High Polymer Fiber 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 Jiangnan High Polymer Fiber Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Jiangnan High Polymer Fiber Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiangsu Jiangnan High Polymer Fiber Co's EV-to-EBIT falls into.


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Jiangsu Jiangnan High Polymer Fiber 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 ¥53.1 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 Jiangnan High Polymer Fiber Co  (SHSE:600527) EBIT Explanation

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

Jiangsu Jiangnan High Polymer Fiber 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 )
=28.484 * ( 1 - 14.59% )/( (1343.212 + 1304.955)/ 2 )
=24.3281844/1324.0835
=1.84 %

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))
=2246.664 - 33.592 - ( 869.86 - max(0, 50.559 - 1224.232+869.86))
=1343.212

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))
=2239.922 - 36.014 - ( 898.953 - max(0, 53.242 - 1232.241+898.953))
=1304.955

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 Jiangnan High Polymer Fiber 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 )
=-29.008/( ( (852.938 + max(277.246, 0)) + (843.605 + max(273.914, 0)) )/ 2 )
=-29.008/( ( 1130.184 + 1117.519 )/ 2 )
=-29.008/1123.8515
=-2.58 %

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)
=(23.48 + 297.635 + 4.4349999999999) - (33.592 + 0 + 14.712)
=277.246

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22.332 + 296.265 + 1.7560000000001) - (36.014 + 0 + 10.425)
=273.914

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 Jiangnan High Polymer Fiber Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=53.086/2539.124
=2.09 %

* 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 Jiangnan High Polymer Fiber Co EBIT Related Terms

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Jiangsu Jiangnan High Polymer Fiber Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Chunqiu Road, Huangdai Town, Xiangcheng District, Jiangsu Province, Suzhou, CHN, 215143
Jiangsu Jiangnan High Polymer Fiber Co Ltd is a bicomponent fiber company. It is principally engaged in the production and distribution of chemical fiber products. The company's products mainly include Core -Sheath fiber (ES), Parallel hollow composite fiber, 51 islands figured sea-island composite fiber, Korean polyester, fine-denier polyester tops, high-shrinkage tops, colored tops, PTT tops, Fleck, tops.
Executives
Tao Ye Director
Tao Guo Ping Director
Zhu Ming Lai Supervisors
Sheng Dong Sheng Director
Pu Jin Long Director
Gu Xing Nan Director
Zhou Yong Kang Director

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