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Luyin Investment Group Co (SHSE:600784) EBIT : ¥400 Mil (TTM As of Mar. 2024)


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What is Luyin Investment Group Co EBIT?

Luyin Investment Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥109 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥400 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Luyin Investment Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 6.76%. Luyin Investment Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 20.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Luyin Investment Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.48%.


Luyin Investment Group Co EBIT Historical Data

The historical data trend for Luyin Investment 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.

Luyin Investment Group Co EBIT Chart

Luyin Investment 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 147.12 299.37 332.41 434.00 398.60

Luyin Investment 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 108.00 122.97 111.25 56.38 109.35

Competitive Comparison of Luyin Investment Group Co's EBIT

For the Steel subindustry, Luyin Investment 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.


Luyin Investment Group Co's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Luyin Investment Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Luyin Investment Group Co's EV-to-EBIT falls into.



Luyin Investment 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 ¥400 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.


Luyin Investment Group Co  (SHSE:600784) EBIT Explanation

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

Luyin Investment 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 )
=384.532 * ( 1 - 15.68% )/( (4845.752 + 4742.432)/ 2 )
=324.2373824/4794.092
=6.76 %

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))
=5371.537 - 706.372 - ( 416.844 - max(0, 1749.662 - 1569.075+416.844))
=4845.752

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))
=5412.485 - 730.455 - ( 287.753 - max(0, 1729.648 - 1669.246+287.753))
=4742.432

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

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

Luyin Investment 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 )
=437.416/( ( (2070.467 + max(-104.773, 0)) + (2030.075 + max(138.267, 0)) )/ 2 )
=437.416/( ( 2070.467 + 2168.342 )/ 2 )
=437.416/2119.4045
=20.64 %

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)
=(191.47 + 350.376 + 115.039) - (706.372 + 0 + 55.286)
=-104.773

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(359.224 + 430.993 + 151.631) - (730.455 + 0 + 73.126)
=138.267

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=399.958/4217.667
=9.48 %

* 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.


Luyin Investment Group Co EBIT Related Terms

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Luyin Investment Group Co (SHSE:600784) Business Description

Traded in Other Exchanges
N/A
Address
No. 20518, Jingshi Road, Shandong Province, Jinan, CHN, 250002
Luyin Investment Group Co Ltd is engaged in Powder metallurgy and products, Real estate, Trade, and others. The main products of the company's powder metallurgy and products business are powder metallurgy materials, automotive structural parts, and powder metallurgy parts. It is applied to products such as automobiles and home appliances, and others. The main products of the real estate business are commercial and residential real estate development, and the trading business relies on the purchase and sale of iron ore, billet, building materials, and other products.
Executives
Li Chun Lin Director
Sun Dian Min Director
Liu Shi He Director
Li Wei Director
Fu Shen senior management

Luyin Investment Group Co (SHSE:600784) Headlines

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