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Anhui Heli Co (SHSE:600761) EBIT : ¥1,860 Mil (TTM As of Mar. 2024)


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What is Anhui Heli Co EBIT?

Anhui Heli Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥494 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,860 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Anhui Heli Co's annualized ROC % for the quarter that ended in Mar. 2024 was 24.21%. Anhui Heli Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 51.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Anhui Heli Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.93%.


Anhui Heli Co EBIT Historical Data

The historical data trend for Anhui Heli 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.

Anhui Heli Co EBIT Chart

Anhui Heli 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 923.05 993.85 935.31 1,220.21 1,707.90

Anhui Heli 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 342.36 532.68 436.48 396.39 494.33

Competitive Comparison of Anhui Heli Co's EBIT

For the Farm & Heavy Construction Machinery subindustry, Anhui Heli 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.


Anhui Heli Co's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Anhui Heli Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Anhui Heli Co's EV-to-EBIT falls into.



Anhui Heli 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 ¥1,860 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.


Anhui Heli Co  (SHSE:600761) EBIT Explanation

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

Anhui Heli 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 )
=1727.948 * ( 1 - 14.24% )/( (6000.883 + 6239.839)/ 2 )
=1481.8882048/6120.361
=24.21 %

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))
=16897.716 - 3383.229 - ( 7513.604 - max(0, 4813.081 - 12380.725+7513.604))
=6000.883

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))
=17919.86 - 4155.145 - ( 7524.876 - max(0, 5459.557 - 13335.706+7524.876))
=6239.839

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

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

Anhui Heli 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 )
=1977.312/( ( (2995.08 + max(850.575, 0)) + (2945.089 + max(850.697, 0)) )/ 2 )
=1977.312/( ( 3845.655 + 3795.786 )/ 2 )
=1977.312/3820.7205
=51.75 %

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)
=(2045.777 + 2284.72 + 212.814) - (3383.229 + 0 + 309.507)
=850.575

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2304.121 + 2642.945 + 302.098) - (4155.145 + 0 + 243.322)
=850.697

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:

Anhui Heli Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1859.867/14387.919
=12.93 %

* 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.


Anhui Heli Co EBIT Related Terms

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Anhui Heli Co (SHSE:600761) Business Description

Traded in Other Exchanges
N/A
Address
No. 668 Fangxing Avenue, Economic and Technological Development Zone, Anhui Province, Hefei, CHN, 230601
Anhui Heli Co Ltd is a Chinese company engaged in the production and sale of forklift trucks, wheel loaders, engineering and mining machinery, foundry parts, and heat treatment products in China. The products of the company are Heli, HELI brand series forklifts. The company sells its products in China and other international countries.
Executives
Zhou Jun senior management
Ma Qing Feng Director
Xu Lin Director
Yang An Guo Director
Zhang Meng Qing Director
Mo Jia Yuan Supervisors
Xue Bai Director
Zhang De Jin Director
Qian Hong Xing Supervisors
Xu Song Bai senior management

Anhui Heli Co (SHSE:600761) Headlines

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