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Zhejiang Sunriver Culture Co (SHSE:600576) EBIT : ¥187.3 Mil (TTM As of Mar. 2024)


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What is Zhejiang Sunriver Culture Co EBIT?

Zhejiang Sunriver Culture Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥23.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥187.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhejiang Sunriver Culture Co's annualized ROC % for the quarter that ended in Mar. 2024 was 2.58%. Zhejiang Sunriver Culture Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhejiang Sunriver Culture Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.67%.


Zhejiang Sunriver Culture Co EBIT Historical Data

The historical data trend for Zhejiang Sunriver Culture 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.

Zhejiang Sunriver Culture Co EBIT Chart

Zhejiang Sunriver Culture 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 -877.93 42.05 57.71 41.18 209.32

Zhejiang Sunriver Culture 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 45.56 38.35 108.37 17.04 23.56

Competitive Comparison of Zhejiang Sunriver Culture Co's EBIT

For the Entertainment subindustry, Zhejiang Sunriver Culture 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.


Zhejiang Sunriver Culture Co's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Zhejiang Sunriver Culture Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Sunriver Culture Co's EV-to-EBIT falls into.



Zhejiang Sunriver Culture 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 ¥187.3 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.


Zhejiang Sunriver Culture Co  (SHSE:600576) EBIT Explanation

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

Zhejiang Sunriver Culture 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 )
=109.24 * ( 1 - 25.1% )/( (3104.16 + 3249.619)/ 2 )
=81.82076/3176.8895
=2.58 %

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))
=3693.485 - 134.11 - ( 528.272 - max(0, 321.647 - 776.862+528.272))
=3104.16

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))
=3712.651 - 97.558 - ( 430.019 - max(0, 335.265 - 700.739+430.019))
=3249.619

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

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

Zhejiang Sunriver Culture 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 )
=94.228/( ( (670.857 + max(82.473, 0)) + (738.804 + max(133.795, 0)) )/ 2 )
=94.228/( ( 753.33 + 872.599 )/ 2 )
=94.228/812.9645
=11.59 %

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)
=(52.343 + 96.313 + 76.726) - (134.11 + 0 + 8.799)
=82.473

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(69.827 + 97.515 + 78.285) - (97.558 + 0 + 14.274)
=133.795

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:

Zhejiang Sunriver Culture Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=187.314/5107.440
=3.67 %

* 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.


Zhejiang Sunriver Culture Co EBIT Related Terms

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Zhejiang Sunriver Culture Co (SHSE:600576) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Miduqiao Road, 12th Floor, Baima Building, Hangzhou, CHN, 310005
Zhejiang Sunriver Culture Co Ltd is a China-based company engaged in culture consulting, animation design, film and television planning, information services, among others. The group is mainly engaged in the creation, planning, production, distribution, and animation of mobile internet animation, animation related copyright authorization and animation related internet and mobile online game development and operation services. In addition, the company is also involved in the finance business.
Executives
Chen Yun Zhao Supervisors
Chen Ya Wen Supervisors
Zhan Chun Wei senior management
Xu Zhong Ping Director
Wang Qi senior management
Wang Heng Directors, senior managers
Yu Zhen Xiang Supervisors
Gao Chao Hui senior management
Sun Dong Yang Directors, senior managers
Liu Wei Director
Feng Guo Chang Director
Wang Wei Zhi senior management
Yan Dong Lai Director

Zhejiang Sunriver Culture Co (SHSE:600576) Headlines

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