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Shandong Sinoglory Health Food Co (SHSE:603182) EBIT : ¥135 Mil (TTM As of Sep. 2024)


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What is Shandong Sinoglory Health Food Co EBIT?

Shandong Sinoglory Health Food Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥135 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shandong Sinoglory Health Food Co's annualized ROC % for the quarter that ended in Sep. 2024 was 7.73%. Shandong Sinoglory Health Food Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 13.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shandong Sinoglory Health Food Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.67%.


Shandong Sinoglory Health Food Co EBIT Historical Data

The historical data trend for Shandong Sinoglory Health Food 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.

Shandong Sinoglory Health Food Co EBIT Chart

Shandong Sinoglory Health Food 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 100.41 100.43 105.61 151.47 149.97

Shandong Sinoglory Health Food Co Quarterly Data
Jun17 Dec17 Jun18 Dec18 Dec19 Dec20 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 31.78 35.94 40.95 35.13 23.10

Competitive Comparison of Shandong Sinoglory Health Food Co's EBIT

For the Packaged Foods subindustry, Shandong Sinoglory Health Food 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 Sinoglory Health Food Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Sinoglory Health Food Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shandong Sinoglory Health Food Co's EV-to-EBIT falls into.


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Shandong Sinoglory Health Food 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 ¥135 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.


Shandong Sinoglory Health Food Co  (SHSE:603182) EBIT Explanation

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

Shandong Sinoglory Health Food 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 )
=92.316 * ( 1 - 23.82% )/( (919.837 + 900.015)/ 2 )
=70.3263288/909.926
=7.73 %

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))
=1336.326 - 213.657 - ( 202.832 - max(0, 245.122 - 739.416+202.832))
=919.837

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))
=1304.113 - 148.142 - ( 255.956 - max(0, 195.124 - 684.987+255.956))
=900.015

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 Sinoglory Health Food 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 )
=92.384/( ( (448.46 + max(255.093, 0)) + (472.607 + max(199.875, 0)) )/ 2 )
=92.384/( ( 703.553 + 672.482 )/ 2 )
=92.384/688.0175
=13.43 %

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)
=(181.766 + 240.811 + 57.638) - (213.657 + 0 + 11.465)
=255.093

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(166.515 + 163.426 + 45.058) - (148.142 + 0 + 26.982)
=199.875

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 Sinoglory Health Food Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=135.114/1761.681
=7.67 %

* 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.


Shandong Sinoglory Health Food Co EBIT Related Terms

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Shandong Sinoglory Health Food Co Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Hongtu Street, Xin County, Shandong Province, Liaocheng, CHN, 252400
Shandong Sinoglory Health Food Co Ltd is a soybean deep processing enterprise mainly engaged in soybean protein. The company's raw materials are non-GMO soybeans, and its products include soybean protein, soybean oil, soybean dietary fiber, silk-drawn protein, and low-temperature edible soybean meal.
Executives
Li Guang Qing Directors, senior managers
Wang Cai Li Supervisors

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