GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Liqun Commercial Group Co Ltd (SHSE:601366) » Definitions » EBIT

Liqun Commercial Group Co (SHSE:601366) EBIT : ¥248 Mil (TTM As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Liqun Commercial Group Co EBIT?

Liqun Commercial Group Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥159 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥248 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Liqun Commercial Group Co's annualized ROC % for the quarter that ended in Sep. 2024 was 0.34%. Liqun Commercial Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Liqun Commercial Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.07%.


Liqun Commercial Group Co EBIT Historical Data

The historical data trend for Liqun Commercial 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.

Liqun Commercial Group Co EBIT Chart

Liqun Commercial 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 559.44 330.74 377.26 33.06 259.64

Liqun Commercial Group Co 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 171.26 -60.40 111.75 37.69 158.61

Competitive Comparison of Liqun Commercial Group Co's EBIT

For the Department Stores subindustry, Liqun Commercial 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.


Liqun Commercial Group Co's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Liqun Commercial Group Co's EV-to-EBIT distribution charts can be found below:

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



Liqun Commercial 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥248 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.


Liqun Commercial Group Co  (SHSE:601366) EBIT Explanation

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

Liqun Commercial Group Co'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 )
=367.456 * ( 1 - 84.76% )/( (16571.32 + 16744.002)/ 2 )
=56.0002944/16657.661
=0.34 %

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))
=15990.269 - 2483.914 - ( 730.469 - max(0, 7625.643 - 4560.678+730.469))
=16571.32

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))
=16402.844 - 2865.924 - ( 1163.499 - max(0, 8267.452 - 5060.37+1163.499))
=16744.002

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

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

Liqun Commercial Group Co'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 )
=634.42/( ( (8635.208 + max(261.841, 0)) + (8575.491 + max(-108.37, 0)) )/ 2 )
=634.42/( ( 8897.049 + 8575.491 )/ 2 )
=634.42/8736.27
=7.26 %

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)
=(288.655 + 2392.056 + 976.578) - (2483.914 + 0 + 911.534)
=261.841

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(289.056 + 2418.116 + 1003.374) - (2865.924 + 0 + 952.992)
=-108.37

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=247.646/11959.450
=2.07 %

* 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.


Liqun Commercial Group Co EBIT Related Terms

Thank you for viewing the detailed overview of Liqun Commercial Group Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Liqun Commercial Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 83, Haier Road, Laoshan District, Shandong Province, Qingdao City, CHN
Liqun Commercial Group Co Ltd is engaged in retail chains with department stores, supermarkets and electrical appliances.
Executives
Hu Pei Feng Directors, senior managers
Lu Cui Rong senior management
Cao Li Juan Supervisors
Luo Jun senior management
Ding Lin Director
Wang Wen Directors, senior managers
Zhang Bing senior management
Xu De Cai Directors, senior managers
Zhang Yuan Shuang senior management

Liqun Commercial Group Co Headlines

No Headlines