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Dazhong Transportation (Group) Co (SHSE:600611) EBIT : ¥608 Mil (TTM As of Sep. 2024)


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What is Dazhong Transportation (Group) Co EBIT?

Dazhong Transportation (Group) Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥229 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥608 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dazhong Transportation (Group) Co's annualized ROC % for the quarter that ended in Sep. 2024 was 1.69%. Dazhong Transportation (Group) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 16.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dazhong Transportation (Group) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.61%.


Dazhong Transportation (Group) Co EBIT Historical Data

The historical data trend for Dazhong Transportation (Group) 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.

Dazhong Transportation (Group) Co EBIT Chart

Dazhong Transportation (Group) 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 1,578.60 939.07 648.76 -126.06 777.84

Dazhong Transportation (Group) 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 179.79 154.52 81.77 142.61 228.75

Competitive Comparison of Dazhong Transportation (Group) Co's EBIT

For the Trucking subindustry, Dazhong Transportation (Group) 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.


Dazhong Transportation (Group) Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Dazhong Transportation (Group) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dazhong Transportation (Group) Co's EV-to-EBIT falls into.



Dazhong Transportation (Group) 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 ¥608 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.


Dazhong Transportation (Group) Co  (SHSE:600611) EBIT Explanation

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

Dazhong Transportation (Group) 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 )
=364.412 * ( 1 - 32.18% )/( (14939.646 + 14331.077)/ 2 )
=247.1442184/14635.3615
=1.69 %

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))
=18972.171 - 1347.934 - ( 3378.65 - max(0, 7040.217 - 9724.808+3378.65))
=14939.646

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))
=19405.896 - 1226.74 - ( 3848.079 - max(0, 6245.641 - 10207.017+3848.079))
=14331.077

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

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

Dazhong Transportation (Group) 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 )
=915.016/( ( (2426.893 + max(3211.885, 0)) + (2380.084 + max(3355.023, 0)) )/ 2 )
=915.016/( ( 5638.778 + 5735.107 )/ 2 )
=915.016/5686.9425
=16.09 %

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)
=(229.931 + 3382.386 + 2564.615) - (1347.934 + 0 + 1617.113)
=3211.885

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(241.52 + 3357.731 + 2596.728) - (1226.74 + 0 + 1614.216)
=3355.023

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:

Dazhong Transportation (Group) Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=607.654/16831.824
=3.61 %

* 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.


Dazhong Transportation (Group) Co EBIT Related Terms

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Dazhong Transportation (Group) Co Business Description

Traded in Other Exchanges
Address
No. 1515 Zhongshan West Road, Dazhong Building, 22nd Floor, Xuhui District, Shanghai, CHN, 200235
Dazhong Transportation (Group) Co Ltd is a passenger transportation and property investment company. The company operates taxis and public bus passenger transportation, and maintains, leases, and distributes automobiles. Dazhong Transportation also operates a real estate investment business, which develops, leases, and sells residential and commercial property. In addition, the company provides logistics, tourism, and catering services. The company is headquartered in the People's Republic of China, and generates revenue domestically.
Executives
Zhu Wei Yong senior management
Zhao Si Yuan Director
Shi Meng Fei senior management
Yang Guo Ping Director
Luo Min Wei senior management
Zhang Jing Director
Yuan Li Min Supervisors
Zhong Jin Xing Supervisors
Zhao Wei Lun senior management
Gu Hua senior management
Shi Hui Ping senior management
Zhang Xi Lin Director
Tong Yi Gong senior management

Dazhong Transportation (Group) Co Headlines

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