Shandong Jinjing Science & Technology Stock Co (SHSE:600586) EBIT : ¥673 Mil (TTM As of Jun. 2024)

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What is Shandong Jinjing Science & Technology Stock Co EBIT?

Shandong Jinjing Science & Technology Stock Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ¥153 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ¥673 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shandong Jinjing Science & Technology Stock Co's annualized ROC % for the quarter that ended in Jun. 2024 was 7.91%. Shandong Jinjing Science & Technology Stock Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 10.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shandong Jinjing Science & Technology Stock Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 9.48%.

Shandong Jinjing Science & Technology Stock Co EBIT Historical Data

The historical data trend for Shandong Jinjing Science & Technology Stock 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.

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Shandong Jinjing Science & Technology Stock Co EBIT Chart

Shandong Jinjing Science & Technology Stock Co Annual Data

Trend

Dec14

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Dec23

EBIT

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360.96

587.17

1,788.32

529.78

648.27

Shandong Jinjing Science & Technology Stock Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
EBIT	Get a 7-Day Free Trial															235.95	222.12	62.47	235.78	152.73

Competitive Comparison of Shandong Jinjing Science & Technology Stock Co's EBIT

For the Specialty Chemicals subindustry, Shandong Jinjing Science & Technology Stock 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.

Shandong Jinjing Science & Technology Stock Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Jinjing Science & Technology Stock Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shandong Jinjing Science & Technology Stock Co's EV-to-EBIT falls into.

Shandong Jinjing Science & Technology Stock 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥673 Mil.

Shandong Jinjing Science & Technology Stock Co (SHSE:600586) EBIT Explanation

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

Shandong Jinjing Science & Technology Stock Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2024 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	813.244 * ( 1 - 12.48% )	/	( (9203.628	+	8795.364)	/ 2 )
=	711.7511488	/	8999.496
=	7.91 %

where

	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	))
=	11581.819	-	2705.172	-	( 2183.383	-	max(0, 4661.236	-	4334.255	+	2183.383	))
=	9203.628

	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	))
=	11529.317	-	2914.093	-	( 2345.009	-	max(0, 4626.191	-	4446.051	+	2345.009	))
=	8795.364

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

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

Shandong Jinjing Science & Technology Stock Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2024		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	610.9	/	( ( (5668.529 + max(-1371.767, 0))	+	(5569.153 + max(-1486.154, 0)) )	/	2 )
=	610.9	/	( ( 5668.529	+	5569.153 )	/	2 )
=	610.9	/	5618.841
=	10.87 %

where Working Capital is:

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(383.461	+	1014.47	+	97.332)	-	(2705.172	+	0	+	161.858)
=	-1371.767

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(395.626	+	1049.064	+	110.624)	-	(2914.093	+	0	+	127.375)
=	-1486.154

When net working capital is negative, 0 is used.

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

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

Shandong Jinjing Science & Technology Stock Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	673.086	/	7097.678
	=	9.48 %

Shandong Jinjing Science & Technology Stock Co EBIT Related Terms

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Shandong Jinjing Science & Technology Stock Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Jinjing Science & Technology Stock Co Ltd (SHSE:600586) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wangzhuang, Baoshi Town, New and High-Technology Development Zone, Zibo, Shandong, CHN, 255086

Website

http://www.cnggg.cn

Shandong Jinjing Science & Technology Stock Co Ltd manufacturers of float glass in China. It provides clear float glass; low iron glass; tempered glass; solar glass; laminated glass; silver mirror; bronze glass; grey glass; ocean blue glass; reflective glass; patterned glass; automotive glass.

Executives

Ji Ya Lin

senior management

Shandong Jinjing Science & Technology Stock Co Headlines

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