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Jiangsu Pacific Quartz Co (SHSE:603688) EBIT : ¥5,126 Mil (TTM As of Mar. 2024)


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What is Jiangsu Pacific Quartz Co EBIT?

Jiangsu Pacific Quartz Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥169 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥5,126 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiangsu Pacific Quartz Co's annualized ROC % for the quarter that ended in Mar. 2024 was 14.80%. Jiangsu Pacific Quartz Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 24.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiangsu Pacific Quartz Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 23.36%.


Jiangsu Pacific Quartz Co EBIT Historical Data

The historical data trend for Jiangsu Pacific Quartz 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.

Jiangsu Pacific Quartz Co EBIT Chart

Jiangsu Pacific Quartz 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 161.07 155.57 319.20 1,231.19 5,921.30

Jiangsu Pacific Quartz 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 964.39 1,894.04 2,101.86 961.02 168.74

Competitive Comparison of Jiangsu Pacific Quartz Co's EBIT

For the Specialty Chemicals subindustry, Jiangsu Pacific Quartz 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.


Jiangsu Pacific Quartz Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Pacific Quartz Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiangsu Pacific Quartz Co's EV-to-EBIT falls into.



Jiangsu Pacific Quartz 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 ¥5,126 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.


Jiangsu Pacific Quartz Co  (SHSE:603688) EBIT Explanation

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

Jiangsu Pacific Quartz 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 )
=674.972 * ( 1 - 11.8% )/( (4314.355 + 3730.009)/ 2 )
=595.325304/4022.182
=14.80 %

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))
=8392.856 - 589.949 - ( 3488.552 - max(0, 783.143 - 6392.696+3488.552))
=4314.355

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))
=8255.301 - 317.743 - ( 4207.549 - max(0, 479.045 - 6249.238+4207.549))
=3730.009

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

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

Jiangsu Pacific Quartz 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 )
=674.972/( ( (1546.291 + max(1158.133, 0)) + (1588.153 + max(1128.307, 0)) )/ 2 )
=674.972/( ( 2704.424 + 2716.46 )/ 2 )
=674.972/2710.442
=24.90 %

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)
=(674.266 + 748.406 + 518.604) - (589.949 + 0 + 193.194)
=1158.133

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(408.404 + 913.31 + 285.638) - (317.743 + 0 + 161.302)
=1128.307

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:

Jiangsu Pacific Quartz Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=5125.653/21945.989
=23.36 %

* 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.


Jiangsu Pacific Quartz Co EBIT Related Terms

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Jiangsu Pacific Quartz Co (SHSE:603688) Business Description

Traded in Other Exchanges
N/A
Address
East side of Mahe Power Station, Jiangsu Province, Pingming Town, Donghai County, Lianyungang, CHN, 222342
Jiangsu Pacific Quartz Co Ltd is a China-based company. Along with its subsidiaries, the firm is engaged in the scientific research, production, and sales of silicon resources. Its products include high-purity quartz sand, quartz tube (rod), large-diameter quartz diffusion tube, quartz crucible, and various quartz devices. It also offers services including light sources, photovoltaics, optical materials and quartz materials for semiconductors.

Jiangsu Pacific Quartz Co (SHSE:603688) Headlines

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