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Zhejiang CF Moto Power Co (SHSE:603129) EBIT : ¥1,532 Mil (TTM As of Sep. 2024)


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What is Zhejiang CF Moto Power Co EBIT?

Zhejiang CF Moto Power Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥424 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥1,532 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhejiang CF Moto Power Co's annualized ROC % for the quarter that ended in Sep. 2024 was 51.99%. Zhejiang CF Moto Power Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 87.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhejiang CF Moto Power Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 9.54%.


Zhejiang CF Moto Power Co EBIT Historical Data

The historical data trend for Zhejiang CF Moto Power 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.

Zhejiang CF Moto Power Co EBIT Chart

Zhejiang CF Moto Power 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 177.44 391.57 450.67 776.38 1,200.68

Zhejiang CF Moto Power 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 250.59 296.74 353.86 457.81 423.63

Competitive Comparison of Zhejiang CF Moto Power Co's EBIT

For the Recreational Vehicles subindustry, Zhejiang CF Moto Power 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.


Zhejiang CF Moto Power Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang CF Moto Power Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang CF Moto Power Co's EV-to-EBIT falls into.



Zhejiang CF Moto Power 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 ¥1,532 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.


Zhejiang CF Moto Power Co  (SHSE:603129) EBIT Explanation

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

Zhejiang CF Moto Power 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 )
=1733.132 * ( 1 - 9.44% )/( (3046.154 + 2992.096)/ 2 )
=1569.5243392/3019.125
=51.99 %

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))
=12339.899 - 6062.659 - ( 5675.13 - max(0, 6427.543 - 9658.629+5675.13))
=3046.154

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))
=13513.308 - 6963.785 - ( 6439.428 - max(0, 7237.719 - 10795.146+6439.428))
=2992.096

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

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

Zhejiang CF Moto Power 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 )
=1694.508/( ( (1904.969 + max(-2641.89, 0)) + (1962.081 + max(-3217.756, 0)) )/ 2 )
=1694.508/( ( 1904.969 + 1962.081 )/ 2 )
=1694.508/1933.525
=87.64 %

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)
=(1645.799 + 1805.44 + 315.92) - (6062.659 + 0 + 346.39)
=-2641.89

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1450.021 + 2135.512 + 421.284) - (6963.785 + 0 + 260.788)
=-3217.756

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:

Zhejiang CF Moto Power Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1532.035/16065.483
=9.54 %

* 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.


Zhejiang CF Moto Power Co EBIT Related Terms

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Zhejiang CF Moto Power Co Business Description

Traded in Other Exchanges
N/A
Address
No.116, Wuzhou Road, Yuhang Economic Development Zone, Zhejiang Province, Hangzhou, CHN, 311100
Zhejiang CF Moto Power Co Ltd is the manufacturer in the powersports industry. The company develops, manufactures, markets and delivers the motorcycles, all-terrain vehicles, side-by-side utility vehicles, and powersports engines, parts, gears and accessories.
Executives
Zhou Xiong Xiu senior management
Chen Zhi Yong senior management
Ni Shu Xiang Director
Gao Qing Directors, senior managers
Chen Ke Liang senior management
Ma Gang Jie senior management
Guo Qiang Director
Yang Guo Chun senior management
Jin Shun Qing Supervisors
Yu Lie Ming Supervisors
Zhu Kun senior management
Zhu Ming senior management
Yuan Zhang Ping senior management
Li Zhi Yong Supervisors

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