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Wellhope Foods Co (SHSE:603609) EBIT : ¥-56 Mil (TTM As of Sep. 2024)


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What is Wellhope Foods Co EBIT?

Wellhope Foods Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥415 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-56 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wellhope Foods Co's annualized ROC % for the quarter that ended in Sep. 2024 was 12.42%. Wellhope Foods Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 24.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wellhope Foods Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.50%.


Wellhope Foods Co EBIT Historical Data

The historical data trend for Wellhope Foods 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.

Wellhope Foods Co EBIT Chart

Wellhope Foods 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 1,659.68 1,585.01 279.64 795.40 -301.70

Wellhope Foods 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 144.82 -519.88 -62.75 111.92 415.03

Competitive Comparison of Wellhope Foods Co's EBIT

For the Farm Products subindustry, Wellhope Foods 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.


Wellhope Foods Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Wellhope Foods Co's EV-to-EBIT falls into.


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Wellhope Foods 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 ¥-56 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.


Wellhope Foods Co  (SHSE:603609) EBIT Explanation

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

Wellhope Foods 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 )
=1481.788 * ( 1 - 7.04% )/( (11142.712 + 11039.316)/ 2 )
=1377.4701248/11091.014
=12.42 %

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))
=14853.927 - 2221.321 - ( 1489.894 - max(0, 3809.383 - 6255.615+1489.894))
=11142.712

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))
=15286.851 - 2623.368 - ( 1624.167 - max(0, 3989.994 - 6634.579+1624.167))
=11039.316

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

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

Wellhope Foods 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 )
=1660.12/( ( (4772.126 + max(1976.869, 0)) + (4799.565 + max(1917.189, 0)) )/ 2 )
=1660.12/( ( 6748.995 + 6716.754 )/ 2 )
=1660.12/6732.8745
=24.66 %

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)
=(1288.369 + 2738.172 + 599.663) - (2221.321 + 0 + 428.014)
=1976.869

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1509.287 + 2777.542 + 612.234) - (2623.368 + 0 + 358.506)
=1917.189

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:

Wellhope Foods Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-55.683/11163.857
=-0.50 %

* 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.


Wellhope Foods Co EBIT Related Terms

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Wellhope Foods Co Business Description

Traded in Other Exchanges
N/A
Address
No. 169, Huishan Street, Shenbei New District, Liaoning Province, Shenyang, CHN, 110164
Wellhope Foods Co Ltd is an animal husbandry company. The company's primary businesses include animal feed, feed raw materials trade, broiler integration, and swine trading. It is also involved in veterinary drugs, farming equipment manufacturing, pet clinic, etc. The company generates maximum revenue from feed products followed by broiler integration and raw materials trade. Its feed product line includes premix feed, concentrated feed, and compound feed.
Executives
Zhao Xin Director
Wang Feng Jiu senior management
Shao Cai Mei Directors, senior managers
Wang Zhong Tao Supervisors
Ding Yun Feng Director
Jin Wei Dong Director
Gao Quan Li senior management
Sun Li Ge senior management
Zhang Wen Liang Director
Wang Xue Qiang senior management
Wang Zhen Yong senior management
Di Guo senior management

Wellhope Foods Co Headlines

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