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Jilin Yatai Group Co (SHSE:600881) EBIT : ¥-2,866 Mil (TTM As of Sep. 2023)


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What is Jilin Yatai Group Co EBIT?

Jilin Yatai Group Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was ¥-261 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was ¥-2,866 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jilin Yatai Group Co's annualized ROC % for the quarter that ended in Sep. 2023 was -2.19%. Jilin Yatai Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -4.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jilin Yatai Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -9.00%.


Jilin Yatai Group Co EBIT Historical Data

The historical data trend for Jilin Yatai 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.

Jilin Yatai Group Co EBIT Chart

Jilin Yatai Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,830.65 2,489.18 2,060.76 604.31 -2,313.90

Jilin Yatai Group Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -98.52 -2,431.15 -32.49 -141.19 -260.91

Competitive Comparison of Jilin Yatai Group Co's EBIT

For the Conglomerates subindustry, Jilin Yatai 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.


Jilin Yatai Group Co's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jilin Yatai Group Co's EV-to-EBIT distribution charts can be found below:

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



Jilin Yatai 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-2,866 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.


Jilin Yatai Group Co  (SHSE:600881) EBIT Explanation

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

Jilin Yatai Group Co's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-1328.72 * ( 1 - 11.87% )/( (54760.255 + 52334.748)/ 2 )
=-1171.000936/53547.5015
=-2.19 %

where

Invested Capital(Q: Jun. 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))
=51588.681 - 9034.727 - ( 1529.239 - max(0, 37893.526 - 25687.225+1529.239))
=54760.255

Invested Capital(Q: Sep. 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))
=49530.217 - 8727.459 - ( 798.648 - max(0, 35379.381 - 23847.391+798.648))
=52334.748

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Jilin Yatai Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1043.62/( ( (10339.598 + max(11865.006, 0)) + (10086.139 + max(11736.576, 0)) )/ 2 )
=-1043.62/( ( 22204.604 + 21822.715 )/ 2 )
=-1043.62/22013.6595
=-4.74 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5335.539 + 12371.781 + 5403.714) - (9034.727 + 0 + 2211.301)
=11865.006

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5046.833 + 11724.708 + 5403.12) - (8727.459 + 0 + 1710.626)
=11736.576

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-2865.742/31854.051
=-9.00 %

* 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.


Jilin Yatai Group Co EBIT Related Terms

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Jilin Yatai Group Co (SHSE:600881) Business Description

Traded in Other Exchanges
N/A
Address
No.1801, Jilin Road, Changchun City, Jilin, CHN, 130031
Jilin Yatai Group Co Ltd is a conglomerate company with multiple lines of business including real estate, building materials, coal, Pharma and Financial investment. Building material integrates deep processing of building materials products, ready-mixed concrete manufacturing, limestone, and sand aggregate mining, clinker production. The financial investment includes securities, banking, funds, and futures, realizing the mutual integration of industrial capital and financial capital and complementary advantages. It also provides residential industrial design, secondary real estate development, construction, decoration, environmental engineering, property services, and heating services, leisure shopping, tourism and holiday, catering and entertainment, and fitness.

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