GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Jiaze Renewables Corp Ltd (SHSE:601619) » Definitions » EBIT

Jiaze Renewables (SHSE:601619) EBIT : ¥971 Mil (TTM As of Dec. 2024)


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

What is Jiaze Renewables EBIT?

Jiaze Renewables's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ¥-74 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ¥971 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiaze Renewables's annualized ROC % for the quarter that ended in Dec. 2024 was 4.11%. Jiaze Renewables's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -1.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiaze Renewables's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 6.04%.


Jiaze Renewables EBIT Historical Data

The historical data trend for Jiaze Renewables'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.

Jiaze Renewables EBIT Chart

Jiaze Renewables Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 445.79 1,102.85 728.30 1,037.99 971.45

Jiaze Renewables Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -78.19 350.80 215.72 478.67 -73.75

Competitive Comparison of Jiaze Renewables's EBIT

For the Utilities - Renewable subindustry, Jiaze Renewables'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.


Jiaze Renewables's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Jiaze Renewables's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiaze Renewables's EV-to-EBIT falls into.


;
;

Jiaze Renewables 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥971 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.


Jiaze Renewables  (SHSE:601619) EBIT Explanation

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

Jiaze Renewables's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=1137.576 * ( 1 - 27.6% )/( (19910.174 + 20193.217)/ 2 )
=823.605024/20051.6955
=4.11 %

where

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))
=21847.688 - 1362.687 - ( 574.827 - max(0, 2314.365 - 4339.278+574.827))
=19910.174

Invested Capital(Q: Dec. 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))
=22224.595 - 1608.902 - ( 422.476 - max(0, 2602.61 - 4080.221+422.476))
=20193.217

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

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

Jiaze Renewables's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-294.988/( ( (15131.137 + max(2271.883, 0)) + (15786.291 + max(1943.687, 0)) )/ 2 )
=-294.988/( ( 17403.02 + 17729.978 )/ 2 )
=-294.988/17566.499
=-1.68 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3472.799 + 0 + 182.949) - (1362.687 + 0 + 21.178)
=2271.883

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3414.868 + 0 + 157.736) - (1608.902 + 0 + 20.015)
=1943.687

When net working capital is negative, 0 is used.

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

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

Jiaze Renewables's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=971.446/16079.660
=6.04 %

* 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.


Jiaze Renewables EBIT Related Terms

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


Jiaze Renewables Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Xingshui Road, Building 68, Zone D, Greenland 21 City Enterprise Park, Xingqing District, Ningxia Hui Autonomous Region, Wuzhong, CHN, 750004
Jiaze Renewables Corp Ltd is engaged in development, investment, construction, operation and management of new energy electricity.
Executives
Chen Bo Director
Han Xiao Dong senior management
Zhao Ji Wei Director
Zhang Jian Jun Director
Ju Xin Tuan senior management
Wang Qiang senior management
Yang Ning senior management
Yang Jie Supervisors
Zhang Song Supervisors
Yang Fan Supervisors
An Zhen Min senior management

Jiaze Renewables Headlines

No Headlines