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Chahua Modern Housewares Co (SHSE:603615) EBIT : ¥-15.7 Mil (TTM As of Sep. 2024)


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What is Chahua Modern Housewares Co EBIT?

Chahua Modern Housewares Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-3.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-15.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chahua Modern Housewares Co's annualized ROC % for the quarter that ended in Sep. 2024 was -2.07%. Chahua Modern Housewares Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -2.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chahua Modern Housewares Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.25%.


Chahua Modern Housewares Co EBIT Historical Data

The historical data trend for Chahua Modern Housewares 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.

Chahua Modern Housewares Co EBIT Chart

Chahua Modern Housewares 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 78.58 46.95 -23.86 -16.82 8.97

Chahua Modern Housewares 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 -1.27 1.79 -0.67 -12.97 -3.81

Competitive Comparison of Chahua Modern Housewares Co's EBIT

For the Packaging & Containers subindustry, Chahua Modern Housewares 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.


Chahua Modern Housewares Co's EV-to-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Chahua Modern Housewares Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Chahua Modern Housewares Co's EV-to-EBIT falls into.



Chahua Modern Housewares 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 ¥-15.7 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.


Chahua Modern Housewares Co  (SHSE:603615) EBIT Explanation

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

Chahua Modern Housewares 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 )
=-15.608 * ( 1 - 1.78% )/( (750.731 + 728.913)/ 2 )
=-15.3301776/739.822
=-2.07 %

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))
=1432.632 - 65.594 - ( 616.307 - max(0, 242.989 - 867.279+616.307))
=750.731

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))
=1449.088 - 84.144 - ( 669.656 - max(0, 261.91 - 897.941+669.656))
=728.913

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

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

Chahua Modern Housewares 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 )
=-15.236/( ( (462.938 + max(174.027, 0)) + (447.798 + max(131.922, 0)) )/ 2 )
=-15.236/( ( 636.965 + 579.72 )/ 2 )
=-15.236/608.3425
=-2.50 %

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)
=(88.012 + 134.81 + 22.863) - (65.594 + 0 + 6.064)
=174.027

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(84.553 + 114.216 + 23.757) - (84.144 + 0 + 6.46)
=131.922

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:

Chahua Modern Housewares Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-15.65/6179.050
=-0.25 %

* 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.


Chahua Modern Housewares Co EBIT Related Terms

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Chahua Modern Housewares Co Business Description

Traded in Other Exchanges
N/A
Address
168 Jiaokeng Road, Gushan Town, Jin'an District, Fujian Province, Fuzhou, CHN, 350014
Chahua Modern Housewares Co Ltd engages in the design, development, production, and sale of various plastic housewares in China. The firm offers kitchen products, such as lunch boxes food containers, vacuum lunch boxes, cutting boards, rice buckets, peelers, trays, fruit trays, and others; storage products, including storage boxes and drawers, shoe racks; and water bottles comprising cups, thermos, tumblers. It also provides cleaning items that include mops, cleaning pails, dustpans and brooms, brushes, cleaning rags, and others; and bathroom products consisting soap trays, bathroom racks, potty products. It also offers disposal products like fresh keeping bags, paper and plastic cups, garbage bags, hangers; and daily used items, such as basins, baskets, chairs and stools, tissue boxes.
Executives
Chen Guan Yu Director
Chen Kui Sheng Director
Lin Shi Fu Director
Chen You Mei Director
Weng Lin Yan Director
Ye Hong Qian Director
Lin Jie Director
Chen Zhi Hai Director
Tang Zhen Kun Director
Chen Ming Sheng Director

Chahua Modern Housewares Co Headlines

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