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Wenfeng Great World Chain Development (SHSE:601010) EBIT : ¥194 Mil (TTM As of Sep. 2024)


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What is Wenfeng Great World Chain Development EBIT?

Wenfeng Great World Chain Development's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥194 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wenfeng Great World Chain Development's annualized ROC % for the quarter that ended in Sep. 2024 was -0.36%. Wenfeng Great World Chain Development's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wenfeng Great World Chain Development's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.82%.


Wenfeng Great World Chain Development EBIT Historical Data

The historical data trend for Wenfeng Great World Chain Development'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.

Wenfeng Great World Chain Development EBIT Chart

Wenfeng Great World Chain Development 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 472.88 333.93 338.32 -114.35 262.11

Wenfeng Great World Chain Development Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 13.12 66.05 84.28 38.74 5.13

Competitive Comparison of Wenfeng Great World Chain Development's EBIT

For the Department Stores subindustry, Wenfeng Great World Chain Development'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.


Wenfeng Great World Chain Development's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Wenfeng Great World Chain Development's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wenfeng Great World Chain Development's EV-to-EBIT falls into.



Wenfeng Great World Chain Development 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥194 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.


Wenfeng Great World Chain Development  (SHSE:601010) EBIT Explanation

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

Wenfeng Great World Chain Development's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=21.548 * ( 1 - 196.66% )/( (5744.859 + 5968.267)/ 2 )
=-20.8282968/5856.563
=-0.36 %

where

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))
=6249.058 - 687.203 - ( 1022.471 - max(0, 1672.915 - 1489.911+1022.471))
=5744.859

Invested Capital(Q: Sep. 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))
=6267.247 - 733.285 - ( 850.192 - max(0, 1778.855 - 1344.55+850.192))
=5968.267

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

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

Wenfeng Great World Chain Development's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=20.5/( ( (3679.235 + max(-1169.89, 0)) + (3630.808 + max(-1248.884, 0)) )/ 2 )
=20.5/( ( 3679.235 + 3630.808 )/ 2 )
=20.5/3655.0215
=0.56 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.216 + 305.431 + 107.898) - (687.203 + 0 + 920.232)
=-1169.89

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39.164 + 314.729 + 111.25) - (733.285 + 0 + 980.742)
=-1248.884

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Wenfeng Great World Chain Development's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=194.198/5087.614
=3.82 %

* 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.


Wenfeng Great World Chain Development EBIT Related Terms

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Wenfeng Great World Chain Development Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Qingnian East Road, Nantong, CHN
Wenfeng Great World Chain Development Corp is a China-based company engages in the operation of department stores, supermarkets, and electrical appliance retailing stores. The company operates its stores under the Wenfeng Big World, Wenfeng Qianjiahui, Wenfeng Electrical, and Wenfeng Supermarket brands.
Executives
Xu Zhang Jiang Director

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