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Eurocrane (China) Co (SHSE:603966) EBIT : ¥222 Mil (TTM As of Mar. 2024)


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What is Eurocrane (China) Co EBIT?

Eurocrane (China) Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥39 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥222 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Eurocrane (China) Co's annualized ROC % for the quarter that ended in Mar. 2024 was 6.23%. Eurocrane (China) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 26.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Eurocrane (China) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.05%.


Eurocrane (China) Co EBIT Historical Data

The historical data trend for Eurocrane (China) 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.

Eurocrane (China) Co EBIT Chart

Eurocrane (China) 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 145.70 203.36 235.55 252.91 217.33

Eurocrane (China) 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 34.45 74.33 67.41 41.14 39.38

Competitive Comparison of Eurocrane (China) Co's EBIT

For the Specialty Industrial Machinery subindustry, Eurocrane (China) 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.


Eurocrane (China) Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eurocrane (China) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Eurocrane (China) Co's EV-to-EBIT falls into.



Eurocrane (China) 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 ¥222 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.


Eurocrane (China) Co  (SHSE:603966) EBIT Explanation

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

Eurocrane (China) 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 )
=181.308 * ( 1 - 22.33% )/( (2179.446 + 2339.174)/ 2 )
=140.8219236/2259.31
=6.23 %

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))
=3478.304 - 730.389 - ( 568.469 - max(0, 1418.365 - 2096.298+568.469))
=2179.446

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))
=3464.979 - 636.34 - ( 489.465 - max(0, 1374.793 - 2082.918+489.465))
=2339.174

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

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

Eurocrane (China) 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 )
=157.512/( ( (522.642 + max(32.92, 0)) + (530.955 + max(110.516, 0)) )/ 2 )
=157.512/( ( 555.562 + 641.471 )/ 2 )
=157.512/598.5165
=26.32 %

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)
=(582.814 + 641.672 + 48.446) - (730.389 + 0 + 509.623)
=32.92

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(560.656 + 697.454 + 65.977) - (636.34 + 0 + 577.231)
=110.516

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=222.258/2760.766
=8.05 %

* 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.


Eurocrane (China) Co EBIT Related Terms

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Eurocrane (China) Co (SHSE:603966) Business Description

Traded in Other Exchanges
N/A
Address
No. 288-388, Fenyue Road, Foho New & Hi-Tech Industrial Development Zone, Jiangsu Province, Wujiang, CHN, 215211
Eurocrane (China) Co Ltd is a manufacturer and service provider of heavy machines. Its products include lifting equipment, cranes, hoists and other industrial equipment. It offers bridge, gantry, swing arm, flexible beam, special, clean room, and explosion-proof cranes; and lifting bodies, electric hoists, transmission equipment, and engineering machinery components. The company also provides installation, inspection, repair, upgrade, maintenance, and training services, as well as spare parts. Its products are used in the equipment manufacturing, transportation and logistics, paper making, energy and electricity, automobile and shipbuilding, metal processing, aerospace.
Executives
Xu Ting Director
Peng Jia Hui senior management
Tao Feng Hua Director
Yuan Xiu Feng Director
Gu Hai Qing senior management
Jia Kai senior management
Jin Hong Ping Director
Shen Rong senior management
Zhang Che Supervisors
Jiang Hai senior management

Eurocrane (China) Co (SHSE:603966) Headlines

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