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Fujian Dongbai (Group) Co (SHSE:600693) EBIT : ¥602 Mil (TTM As of Mar. 2024)


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What is Fujian Dongbai (Group) Co EBIT?

Fujian Dongbai (Group) Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥150 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥602 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fujian Dongbai (Group) Co's annualized ROC % for the quarter that ended in Mar. 2024 was 3.19%. Fujian Dongbai (Group) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 30.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fujian Dongbai (Group) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.83%.


Fujian Dongbai (Group) Co EBIT Historical Data

The historical data trend for Fujian Dongbai (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.

Fujian Dongbai (Group) Co EBIT Chart

Fujian Dongbai (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 718.99 535.67 473.26 430.78 589.48

Fujian Dongbai (Group) 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 137.07 185.62 113.51 153.28 149.85

Competitive Comparison of Fujian Dongbai (Group) Co's EBIT

For the Department Stores subindustry, Fujian Dongbai (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.


Fujian Dongbai (Group) Co's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fujian Dongbai (Group) Co's EV-to-EBIT distribution charts can be found below:

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



Fujian Dongbai (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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥602 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.


Fujian Dongbai (Group) Co  (SHSE:600693) EBIT Explanation

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

Fujian Dongbai (Group) 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 )
=614.344 * ( 1 - 25.2% )/( (14321.994 + 14510.492)/ 2 )
=459.529312/14416.243
=3.19 %

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))
=14542.537 - 2501.737 - ( 300.049 - max(0, 5633.884 - 3352.69+300.049))
=14321.994

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))
=14473.651 - 2285.63 - ( 206.773 - max(0, 5568.862 - 3246.391+206.773))
=14510.492

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

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

Fujian Dongbai (Group) 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 )
=599.408/( ( (1990.276 + max(-385.237, 0)) + (1954.875 + max(-211.334, 0)) )/ 2 )
=599.408/( ( 1990.276 + 1954.875 )/ 2 )
=599.408/1972.5755
=30.39 %

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)
=(33.435 + 2661.494 + 128.2) - (2501.737 + 0 + 706.629)
=-385.237

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(42.747 + 2654.506 + 115.295) - (2285.63 + 0 + 738.252)
=-211.334

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=602.261/8822.142
=6.83 %

* 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.


Fujian Dongbai (Group) Co EBIT Related Terms

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Fujian Dongbai (Group) Co (SHSE:600693) Business Description

Traded in Other Exchanges
N/A
Address
No. 84 Bayiqi North Road, Fuzhou, Fujian, CHN, 350001
Fujian Dongbai (Group) Co Ltd operates in the retail business. The company operates a department store chain that deals with fashion brands, jewelry, men and female clothing, shoes, and other categories. Geographically the activities are carried out through China.
Executives
Shi Xia Director
Liu Yi Director
Wang Xiang Hong Supervisors
Wei Li Ping Director
Li Peng senior management
Song Ke Jun Director
Xue Jian senior management
Bi De Cai Director
Yu Yi Hong Director
Shi Min Xiu Supervisors
Wang Jin Rong Supervisors

Fujian Dongbai (Group) Co (SHSE:600693) Headlines

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