GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Xiangpiaopiao Food Co Ltd (SHSE:603711) » Definitions » EBIT

Xiangpiaopiao Food Co (SHSE:603711) EBIT : ¥382 Mil (TTM As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Xiangpiaopiao Food Co EBIT?

Xiangpiaopiao Food Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥58 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥382 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xiangpiaopiao Food Co's annualized ROC % for the quarter that ended in Sep. 2024 was 5.59%. Xiangpiaopiao Food Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 15.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xiangpiaopiao Food Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.57%.


Xiangpiaopiao Food Co EBIT Historical Data

The historical data trend for Xiangpiaopiao 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.

Xiangpiaopiao Food Co EBIT Chart

Xiangpiaopiao 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 456.70 481.80 310.70 302.80 355.00

Xiangpiaopiao Food 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 57.19 368.88 30.76 -75.39 57.76

Competitive Comparison of Xiangpiaopiao Food Co's EBIT

For the Packaged Foods subindustry, Xiangpiaopiao 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.


Xiangpiaopiao Food Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

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



Xiangpiaopiao 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 ¥382 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.


Xiangpiaopiao Food Co  (SHSE:603711) EBIT Explanation

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

Xiangpiaopiao 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 )
=190.552 * ( 1 - 15.55% )/( (2668.147 + 3093.119)/ 2 )
=160.921164/2880.633
=5.59 %

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))
=4314.228 - 286.496 - ( 2142.513 - max(0, 1028.632 - 2388.217+2142.513))
=2668.147

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))
=4892.531 - 413.199 - ( 2654.503 - max(0, 1557.978 - 2944.191+2654.503))
=3093.119

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

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

Xiangpiaopiao 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 )
=231.032/( ( (1469.506 + max(-172.166, 0)) + (1433.209 + max(-329.909, 0)) )/ 2 )
=231.032/( ( 1469.506 + 1433.209 )/ 2 )
=231.032/1451.3575
=15.92 %

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)
=(24.498 + 121.004 + 95.065) - (286.496 + 0 + 126.237)
=-172.166

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.272 + 171.188 + 91.684) - (413.199 + 0 + 200.854)
=-329.909

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=382.013/5045.607
=7.57 %

* 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.


Xiangpiaopiao Food Co EBIT Related Terms

Thank you for viewing the detailed overview of Xiangpiaopiao Food Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Xiangpiaopiao Food Co Business Description

Traded in Other Exchanges
N/A
Address
Venture Avenue 888, Economic and Technological Development Zone, Huzhou, CHN, 313000
Xiangpiaopiao Food Co Ltd is a tea manufacturer. The company is engaged in research and development, production and sales of food products like tea, instant noodles, and casual peanut products. It manufactures ready to eat packed products.
Executives
Yang Dong Yun Directors, senior managers
Zou Yong Jian Directors, senior managers
Yang Jing Directors, senior managers
Jiang Jian Qi Director
Li Chao Nan senior management
Gou Zhen Hai Directors, senior managers
Cai Jian Feng Director
Wang Qiu Yue Supervisors

Xiangpiaopiao Food Co Headlines

No Headlines