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YAPP Automotive Systems Co (SHSE:603013) EBIT : ¥568 Mil (TTM As of Sep. 2024)


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What is YAPP Automotive Systems Co EBIT?

YAPP Automotive Systems Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥150 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥568 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. YAPP Automotive Systems Co's annualized ROC % for the quarter that ended in Sep. 2024 was 18.57%. YAPP Automotive Systems Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 40.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. YAPP Automotive Systems Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.44%.


YAPP Automotive Systems Co EBIT Historical Data

The historical data trend for YAPP Automotive Systems 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.

YAPP Automotive Systems Co EBIT Chart

YAPP Automotive Systems Co Annual Data
Trend Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 532.88 636.76 602.61 640.38 601.63

YAPP Automotive Systems 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 190.29 96.45 169.21 152.81 149.98

Competitive Comparison of YAPP Automotive Systems Co's EBIT

For the Auto Parts subindustry, YAPP Automotive Systems 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.


YAPP Automotive Systems Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, YAPP Automotive Systems Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where YAPP Automotive Systems Co's EV-to-EBIT falls into.


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YAPP Automotive Systems 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 ¥568 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.


YAPP Automotive Systems Co  (SHSE:603013) EBIT Explanation

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

YAPP Automotive Systems 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 )
=562.024 * ( 1 - 14.55% )/( (2579.343 + 2594.056)/ 2 )
=480.249508/2586.6995
=18.57 %

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))
=6655.425 - 1975.657 - ( 2100.425 - max(0, 2148.291 - 4937.697+2100.425))
=2579.343

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))
=6691.358 - 1996.932 - ( 2100.37 - max(0, 2138.035 - 5031.131+2100.37))
=2594.056

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

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

YAPP Automotive Systems 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 )
=599.908/( ( (1314.34 + max(175.584, 0)) + (1267.699 + max(208.804, 0)) )/ 2 )
=599.908/( ( 1489.924 + 1476.503 )/ 2 )
=599.908/1483.2135
=40.45 %

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)
=(982.127 + 1104.762 + 159.797) - (1975.657 + 0 + 95.445)
=175.584

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(879.082 + 1204.328 + 189.711) - (1996.932 + 0 + 67.385)
=208.804

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:

YAPP Automotive Systems Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=568.44/6731.974
=8.44 %

* 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.


YAPP Automotive Systems Co EBIT Related Terms

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YAPP Automotive Systems Co Business Description

Traded in Other Exchanges
N/A
Address
No. 508 Yangzijiang South Road, Jiangsu, Yangzhou, CHN, 225009
YAPP Automotive Systems Co Ltd is engaged in Research & Development, manufacturing and marketing of automotive fuel systems, and the main products are plastic fuel tanks and filler pipe.
Executives
Cui Long Feng senior management

YAPP Automotive Systems Co Headlines

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