Shandong Cynda Chemical Co (SHSE:603086) EBIT : ¥-128 Mil (TTM As of Sep. 2024)

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What is Shandong Cynda Chemical Co EBIT?

Shandong Cynda Chemical Co'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 ¥-128 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shandong Cynda Chemical Co's annualized ROC % for the quarter that ended in Sep. 2024 was 1.84%. Shandong Cynda Chemical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shandong Cynda Chemical Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -6.47%.

Shandong Cynda Chemical Co EBIT Historical Data

The historical data trend for Shandong Cynda Chemical 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.

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Shandong Cynda Chemical Co EBIT Chart

Shandong Cynda Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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240.52

215.36

202.26

416.36

-118.11

Shandong Cynda Chemical 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															-36.88	-151.58	-8.38	26.76	5.21

Competitive Comparison of Shandong Cynda Chemical Co's EBIT

For the Agricultural Inputs subindustry, Shandong Cynda Chemical 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.

Shandong Cynda Chemical Co's EV-to-EBIT Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Shandong Cynda Chemical Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shandong Cynda Chemical Co's EV-to-EBIT falls into.

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Shandong Cynda Chemical 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 ¥-128 Mil.

Shandong Cynda Chemical Co (SHSE:603086) EBIT Explanation

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

Shandong Cynda Chemical 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 )
=	37 * ( 1 - 0.98% )	/	( (1969.908	+	2002.493)	/ 2 )
=	36.6374	/	1986.2005
=	1.84 %

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	))
=	3680.338	-	1135.503	-	( 661.227	-	max(0, 1633.245	-	2208.172	+	661.227	))
=	1969.908

	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	))
=	3790.079	-	1265.718	-	( 769.947	-	max(0, 1746.283	-	2268.151	+	769.947	))
=	2002.493

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

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

Shandong Cynda Chemical 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 )
=	20.836	/	( ( (1222.364 + max(227.554, 0))	+	(1278.808 + max(58.742, 0)) )	/	2 )
=	20.836	/	( ( 1449.918	+	1337.55 )	/	2 )
=	20.836	/	1393.734
=	1.49 %

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)
=	(561.151	+	813.746	+	129.902)	-	(1135.503	+	0	+	141.742)
=	227.554

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(544.428	+	773.206	+	150.691)	-	(1265.718	+	0	+	143.865)
=	58.742

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:

Shandong Cynda Chemical Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	-127.993	/	1979.778
	=	-6.47 %

Shandong Cynda Chemical Co EBIT Related Terms

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Shandong Cynda Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Shandong Cynda Chemical Co Ltd (SHSE:603086) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 169, Xingbo 1st Road, Economic Development Zone, Boxing County, Shandong Province, Binzhou, CHN, 256500

Website

https://www.cynda.cn

Shandong Cynda Chemical Co Ltd is a chemical manufacturing company in China. It is mainly engaged in the research and development, production, and sales of safe, efficient, low-toxic, environmentally friendly herbicides and fungicides, pharmaceuticals, and pesticide intermediates. Its product portfolio includes imidazolinone herbicides, cyclohexenone herbicides, isoxapentam, enoylmorpholine, and formulation products.

Executives

Liu Xiang Shui	senior management
Yao Zhang Ming	Director
Chen Ming Yu	Director
Wang Xian Quan	Director
Li Zhuang	Director
Chen En Chang	senior management
Jiang Guang Tong	senior management
Men Liang	Directors, senior managers
Xu Li Xin	Supervisors

Shandong Cynda Chemical Co Headlines

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