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Xinyaqiang Silicon Chemistry Co (SHSE:603155) EBIT : ¥109.7 Mil (TTM As of Mar. 2024)


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What is Xinyaqiang Silicon Chemistry Co EBIT?

Xinyaqiang Silicon Chemistry Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥31.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥109.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xinyaqiang Silicon Chemistry Co's annualized ROC % for the quarter that ended in Mar. 2024 was 8.82%. Xinyaqiang Silicon Chemistry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xinyaqiang Silicon Chemistry Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.87%.


Xinyaqiang Silicon Chemistry Co EBIT Historical Data

The historical data trend for Xinyaqiang Silicon Chemistry 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.

Xinyaqiang Silicon Chemistry Co EBIT Chart

Xinyaqiang Silicon Chemistry Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 252.62 182.42 369.35 346.64 141.92

Xinyaqiang Silicon Chemistry Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 63.24 54.53 22.19 1.96 30.99

Competitive Comparison of Xinyaqiang Silicon Chemistry Co's EBIT

For the Chemicals subindustry, Xinyaqiang Silicon Chemistry 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.


Xinyaqiang Silicon Chemistry Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xinyaqiang Silicon Chemistry Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Xinyaqiang Silicon Chemistry Co's EV-to-EBIT falls into.



Xinyaqiang Silicon Chemistry 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥109.7 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.


Xinyaqiang Silicon Chemistry Co  (SHSE:603155) EBIT Explanation

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

Xinyaqiang Silicon Chemistry Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=123.94 * ( 1 - 14.45% )/( (1068.336 + 1335.437)/ 2 )
=106.03067/1201.8865
=8.82 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=2534.323 - 152.314 - ( 1313.673 - max(0, 171.348 - 1893.401+1313.673))
=1068.336

Invested Capital(Q: Mar. 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))
=2581.802 - 131.685 - ( 1114.68 - max(0, 186.07 - 1945.029+1114.68))
=1335.437

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

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

Xinyaqiang Silicon Chemistry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=123.94/( ( (519.664 + max(343.447, 0)) + (514.881 + max(595.891, 0)) )/ 2 )
=123.94/( ( 863.111 + 1110.772 )/ 2 )
=123.94/986.9415
=12.56 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(79.304 + 157.62 + 277.871) - (152.314 + 0 + 19.034)
=343.447

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(114.106 + 121.732 + 509.593) - (131.685 + 0 + 17.855)
=595.891

When net working capital is negative, 0 is used.

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

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

Xinyaqiang Silicon Chemistry Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=109.668/2250.242
=4.87 %

* 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.


Xinyaqiang Silicon Chemistry Co EBIT Related Terms

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Xinyaqiang Silicon Chemistry Co (SHSE:603155) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Yangzi Road, Suqian Ecological Chemical Technology Industrial Park, Jiangsu Province, Suqian, CHN, 223809
Xinyaqiang Silicon Chemistry Co Ltd is engaged in production and sales of organic silicon fine chemicals. The company's products include Iodotrimethylsilane, Chlorotrimethylsilane, Dimethoxydimethylsilane, Dichlorodimethylsilane, Trimethylethoxysilane, among others.
Executives
Pan Yi Ning senior management
Chu Ya Xian Director
Chu Lin Director
Chu Ya Jun Director

Xinyaqiang Silicon Chemistry Co (SHSE:603155) Headlines

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