GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jiangsu Dingsheng New Material JSC Ltd (SHSE:603876) » Definitions » EBIT

Jiangsu Dingsheng New Material JSC (SHSE:603876) EBIT : ¥597 Mil (TTM As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Jiangsu Dingsheng New Material JSC EBIT?

Jiangsu Dingsheng New Material JSC's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥102 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥597 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiangsu Dingsheng New Material JSC's annualized ROC % for the quarter that ended in Sep. 2024 was 2.31%. Jiangsu Dingsheng New Material JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiangsu Dingsheng New Material JSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.52%.


Jiangsu Dingsheng New Material JSC EBIT Historical Data

The historical data trend for Jiangsu Dingsheng New Material JSC'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 Dingsheng New Material JSC EBIT Chart

Jiangsu Dingsheng New Material JSC 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 586.49 300.22 779.19 1,844.20 870.56

Jiangsu Dingsheng New Material JSC 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 179.82 177.52 97.98 220.00 101.96

Competitive Comparison of Jiangsu Dingsheng New Material JSC's EBIT

For the Aluminum subindustry, Jiangsu Dingsheng New Material JSC'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 Dingsheng New Material JSC's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jiangsu Dingsheng New Material JSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiangsu Dingsheng New Material JSC's EV-to-EBIT falls into.


;
;

Jiangsu Dingsheng New Material JSC 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 ¥597 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 Dingsheng New Material JSC  (SHSE:603876) EBIT Explanation

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

Jiangsu Dingsheng New Material JSC'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 )
=335.108 * ( 1 - 6.01% )/( (12955.364 + 14308.214)/ 2 )
=314.9680092/13631.789
=2.31 %

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))
=26063.572 - 12020.81 - ( 8363.518 - max(0, 16814.333 - 17901.731+8363.518))
=12955.364

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))
=25355.841 - 10914.967 - ( 7418.916 - max(0, 16910.762 - 17043.422+7418.916))
=14308.214

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

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

Jiangsu Dingsheng New Material JSC'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 )
=407.848/( ( (7556.144 + max(-3904.726, 0)) + (7704.069 + max(-2484.63, 0)) )/ 2 )
=407.848/( ( 7556.144 + 7704.069 )/ 2 )
=407.848/7630.1065
=5.35 %

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)
=(3179.547 + 4448.841 + 559.875) - (12020.81 + 0 + 72.179)
=-3904.726

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3323.685 + 4287.528 + 941.134) - (10914.967 + 0 + 122.01)
=-2484.63

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:

Jiangsu Dingsheng New Material JSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=597.457/7015.046
=8.52 %

* 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 Dingsheng New Material JSC EBIT Related Terms

Thank you for viewing the detailed overview of Jiangsu Dingsheng New Material JSC's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiangsu Dingsheng New Material JSC Business Description

Traded in Other Exchanges
N/A
Address
Jingkou Industrial Park, Highway 338 / Beijing Hangzhou the Grande Canale West, Jiangsu Province, Zhenjiang, CHN, 212141
Jiangsu Dingsheng New Material JSC Ltd is engaged in the manufacturing of aluminum and Aluminum Alloy plate, belt, foil and its deep processing products of provincial high-tech enterprise. Its products include strip, foil and coating material, deep processed products such as aluminum oxide board, cable foil, air conditioner foil, decorative building material aluminum foil, air conditioner refrigerator evaporator, and condenser.
Executives
Zong Yong Jin Director
Bian Hui Juan Directors, senior managers
Chen Wei Xin Directors, senior managers
Dong Qing Liang Supervisors
Ding Gui Bao Director

Jiangsu Dingsheng New Material JSC Headlines

No Headlines