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Yutong Heavy Industries Co (SHSE:600817) EBIT : ¥242 Mil (TTM As of Jun. 2024)


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What is Yutong Heavy Industries Co EBIT?

Yutong Heavy Industries Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ¥73 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ¥242 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yutong Heavy Industries Co's annualized ROC % for the quarter that ended in Jun. 2024 was 11.48%. Yutong Heavy Industries Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 44.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Yutong Heavy Industries Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 6.18%.


Yutong Heavy Industries Co EBIT Historical Data

The historical data trend for Yutong Heavy Industries 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.

Yutong Heavy Industries Co EBIT Chart

Yutong Heavy Industries 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 391.58 407.41 491.14 495.90 257.83

Yutong Heavy Industries 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 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 81.10 31.43 100.44 37.57 73.06

Competitive Comparison of Yutong Heavy Industries Co's EBIT

For the Farm & Heavy Construction Machinery subindustry, Yutong Heavy Industries 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.


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

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

* The bar in red indicates where Yutong Heavy Industries Co's EV-to-EBIT falls into.



Yutong Heavy Industries 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 ¥242 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.


Yutong Heavy Industries Co  (SHSE:600817) EBIT Explanation

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

Yutong Heavy Industries 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 )
=276.816 * ( 1 - 16.7% )/( (2040.621 + 1977.801)/ 2 )
=230.587728/2009.211
=11.48 %

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))
=4456.145 - 1392.667 - ( 1022.857 - max(0, 1501.692 - 3326.207+1022.857))
=2040.621

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))
=4372.046 - 1399.267 - ( 994.978 - max(0, 1555.88 - 3299.054+994.978))
=1977.801

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

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

Yutong Heavy Industries 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 )
=292.232/( ( (434.878 + max(205.394, 0)) + (419.69 + max(264.951, 0)) )/ 2 )
=292.232/( ( 640.272 + 684.641 )/ 2 )
=292.232/662.4565
=44.11 %

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)
=(1037.065 + 374.04 + 293.341) - (1392.667 + 0 + 106.385)
=205.394

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1120.91 + 387.05 + 310.303) - (1399.267 + 0 + 154.045)
=264.951

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:

Yutong Heavy Industries Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=242.492/3926.418
=6.18 %

* 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.


Yutong Heavy Industries Co EBIT Related Terms

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Yutong Heavy Industries Co Business Description

Traded in Other Exchanges
N/A
Address
No. 86, Poyang Lake Road, 106, 1st Floor, Blue Mountain Mansion, Airport Port, Henan Province, Zhengzhou, CHN, 450000
Yutong Heavy Industries Co Ltd is a large-scale Chinese military and civil engineering machinery, environmental protection, special-purpose vehicle and other products and services professional manufacturing enterprise integrating scientific research and development, manufacturing, sales and services.
Executives
Zhang Zhe Director
Dai Ling Mei Directors, senior managers
Wang Dong Xin Director
Wang Xue Min Director
Xu Li Supervisors
Ma Shu Heng Director
Zhang Xiao Jun senior management
Hu Feng Ju senior management
Sun Ke Supervisors
Meng Qing Yi Supervisors
Chu Xin Jian Directors, senior managers
Cao Zhong Yan Director
Wang Xiao Fei Director
Cao Jian Wei Director
Liang Mu Jin Directors, senior managers

Yutong Heavy Industries Co Headlines

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