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Shanghai Topcare Medical Services Co (SHSE:600532) EBIT : ¥0.4 Mil (TTM As of Mar. 2023)


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What is Shanghai Topcare Medical Services Co EBIT?

Shanghai Topcare Medical Services Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2023 was ¥-18.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was ¥0.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shanghai Topcare Medical Services Co's annualized ROC % for the quarter that ended in Mar. 2023 was -3.47%. Shanghai Topcare Medical Services Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was -12.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Shanghai Topcare Medical Services Co EBIT Historical Data

The historical data trend for Shanghai Topcare Medical Services 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.

Shanghai Topcare Medical Services Co EBIT Chart

Shanghai Topcare Medical Services Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.85 109.88 64.04 -169.41 9.87

Shanghai Topcare Medical Services Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -8.85 -7.47 -6.61 32.80 -18.35

Competitive Comparison of Shanghai Topcare Medical Services Co's EBIT

For the Other Industrial Metals & Mining subindustry, Shanghai Topcare Medical Services 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.


Shanghai Topcare Medical Services Co's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shanghai Topcare Medical Services Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shanghai Topcare Medical Services Co's EV-to-EBIT falls into.



Shanghai Topcare Medical Services 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.4 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.


Shanghai Topcare Medical Services Co  (SHSE:600532) EBIT Explanation

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

Shanghai Topcare Medical Services Co's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=-61.52 * ( 1 - 0.05% )/( (2134.497 + 1413.729)/ 2 )
=-61.48924/1774.113
=-3.47 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=2552.918 - 417.077 - ( 1.344 - max(0, 698.635 - 1373.562+1.344))
=2134.497

Invested Capital(Q: Mar. 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))
=2538.661 - 459.148 - ( 825.849 - max(0, 705.748 - 1371.532+825.849))
=1413.729

Note: The Operating Income data used here is four times the quarterly (Mar. 2023) data.

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

Shanghai Topcare Medical Services Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-73.388/( ( (113.799 + max(897.918, 0)) + (107.192 + max(68.886, 0)) )/ 2 )
=-73.388/( ( 1011.717 + 176.078 )/ 2 )
=-73.388/593.8975
=-12.36 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1325.979 + 0.66 + 29.425) - (417.077 + 0 + 41.069)
=897.918

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(494.3 + 0.958 + 34.324) - (459.148 + 0 + 1.548)
=68.886

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2023) EBIT data.

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

Shanghai Topcare Medical Services Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=0.374/0.000
= %

* 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.


Shanghai Topcare Medical Services Co EBIT Related Terms

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Shanghai Topcare Medical Services Co (SHSE:600532) Business Description

Traded in Other Exchanges
N/A
Address
488 Yincheng Middle Road, Room 2302, Taiping Financial Building, Pudong New Area, Shanghai, CHN, 200120
Shanghai Topcare Medical Services Co Ltd, formerly Shanghai Hongda Mining Co Ltd and its subsidiaries are engaged in mining and exploration in Shandong Province.
Executives
Cui Zhi Huo Director
Zhu Shi Min senior management

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