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Shanghai Shine-Link International Logistics Co (SHSE:603648) EBIT : ¥188 Mil (TTM As of Mar. 2024)


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What is Shanghai Shine-Link International Logistics Co EBIT?

Shanghai Shine-Link International Logistics Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥55 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥188 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shanghai Shine-Link International Logistics Co's annualized ROC % for the quarter that ended in Mar. 2024 was 8.12%. Shanghai Shine-Link International Logistics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 17.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shanghai Shine-Link International Logistics Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.67%.

Shanghai Shine-Link International Logistics Co EBIT Historical Data

The historical data trend for Shanghai Shine-Link International Logistics 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.

Shanghai Shine-Link International Logistics Co EBIT Chart

Shanghai Shine-Link International Logistics 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 119.41 124.53 196.27 202.87 193.80

Shanghai Shine-Link International Logistics 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 60.63 42.18 52.07 38.92 54.70

Competitive Comparison of Shanghai Shine-Link International Logistics Co's EBIT

For the Integrated Freight & Logistics subindustry, Shanghai Shine-Link International Logistics 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.

Shanghai Shine-Link International Logistics Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shanghai Shine-Link International Logistics Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shanghai Shine-Link International Logistics Co's EV-to-EBIT falls into.


Shanghai Shine-Link International Logistics 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 ¥188 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.

Shanghai Shine-Link International Logistics Co  (SHSE:603648) EBIT Explanation

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

Shanghai Shine-Link International Logistics 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 )
=192.412 * ( 1 - 16.55% )/( (1985.996 + 1971.073)/ 2 )
=160.567814/1978.5345
=8.12 %

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))
=2513.538 - 255.684 - ( 271.858 - max(0, 380.116 - 687.004+271.858))
=1985.996

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))
=2451.47 - 202.863 - ( 277.534 - max(0, 317.046 - 661.492+277.534))
=1971.073

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

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

Shanghai Shine-Link International Logistics 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 )
=218.792/( ( (1144.571 + max(81.558, 0)) + (1100.513 + max(115.282, 0)) )/ 2 )
=218.792/( ( 1226.129 + 1215.795 )/ 2 )
=218.792/1220.962
=17.92 %

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)
=(241.26 + 69.333 + 34.398) - (255.684 + 0 + 7.749)
=81.558

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(254.996 + 53.124 + 16.997) - (202.863 + 0 + 6.972)
=115.282

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:

Shanghai Shine-Link International Logistics Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=187.866/3314.359
=5.67 %

* 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.

Shanghai Shine-Link International Logistics Co EBIT Related Terms

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Shanghai Shine-Link International Logistics Co (SHSE:603648) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shanghai Shine-Link International Logistics Co Ltd (SHSE:603648) » Definitions » EBIT
Comparable Companies
SHSE:603967 SZSE:002769 SZSE:001228 SHSE:603836 SZSE:300350 SZSE:002627 SZSE:001317 SZSE:300240 SHSE:603535 SHSE:600119 UPS FDX XTER:DHL XSWX:KNIN OCSE:DSV SZSE:002352 ZTO JBHT EXPD HKSE:01519
Traded in Other Exchanges
N/A
Address
No.68 ,Ri Jing Road, Waigaoqiao Free Trade Zone, Shanghai, CHN, 200131
Website
https://www.chinaslc.com
Shanghai Shine-Link International Logistics Co Ltd is the third-party logistics company. It focuses on providing lean supply chain management services to international multinational companies. Its service portfolio consists of customs clearance, customs inspection, transportation, warehousing management, lean inventory management service, regional and global distribution centre service, deferred declaration of handbook service, and overland transport service. In addition, the company also provides integrated lean supply chain model for medical equipment industry.

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