Jiangxi JDL Environmental Protection Co (SHSE:688057) EBIT : ¥179.9 Mil (TTM As of Mar. 2024)

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What is Jiangxi JDL Environmental Protection Co EBIT?

Jiangxi JDL Environmental Protection Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥41.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥179.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiangxi JDL Environmental Protection Co's annualized ROC % for the quarter that ended in Mar. 2024 was 7.97%. Jiangxi JDL Environmental Protection Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 19.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiangxi JDL Environmental Protection Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 22.88%.

Jiangxi JDL Environmental Protection Co EBIT Historical Data

The historical data trend for Jiangxi JDL Environmental Protection 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.

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Jiangxi JDL Environmental Protection Co EBIT Chart

Jiangxi JDL Environmental Protection Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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295.44

434.23

425.94

322.45

193.47

Jiangxi JDL Environmental Protection 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															54.75	19.98	40.07	78.66	41.21

Competitive Comparison of Jiangxi JDL Environmental Protection Co's EBIT

For the Pollution & Treatment Controls subindustry, Jiangxi JDL Environmental Protection 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.

Jiangxi JDL Environmental Protection Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangxi JDL Environmental Protection Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiangxi JDL Environmental Protection Co's EV-to-EBIT falls into.

Jiangxi JDL Environmental Protection 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 ¥179.9 Mil.

Jiangxi JDL Environmental Protection Co (SHSE:688057) EBIT Explanation

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

Jiangxi JDL Environmental Protection 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 )
=	105.412 * ( 1 - 5.82% )	/	( (1239.021	+	1252.404)	/ 2 )
=	99.2770216	/	1245.7125
=	7.97 %

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	))
=	3504.87	-	233.841	-	( 2032.008	-	max(0, 275.68	-	3081.935	+	2032.008	))
=	1239.021

	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	))
=	3516.331	-	204.204	-	( 2059.723	-	max(0, 253.684	-	3095.803	+	2059.723	))
=	1252.404

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

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

Jiangxi JDL Environmental Protection 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 )
=	164.824	/	( ( (129.499 + max(736.285, 0))	+	(125.115 + max(742.444, 0)) )	/	2 )
=	164.824	/	( ( 865.784	+	867.559 )	/	2 )
=	164.824	/	866.6715
=	19.02 %

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)
=	(902.185	+	51.938	+	37.431)	-	(233.841	+	0	+	21.428)
=	736.285

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(875.923	+	53.615	+	41.769)	-	(204.204	+	0	+	24.659)
=	742.444

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:

Jiangxi JDL Environmental Protection Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	179.917	/	786.444
	=	22.88 %

Jiangxi JDL Environmental Protection Co EBIT Related Terms

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Jiangxi JDL Environmental Protection Co (SHSE:688057) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangxi JDL Environmental Protection Co Ltd (SHSE:688057) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

459 Industrial Avenue, Changhou Foreign Investment Development Zone, New District, Jiangxi Province, Nanchang, CHN, 330100

Website

http://www.jdlhb.com

Jiangxi JDL Environmental Protection Co Ltd is engaged manufacturing equipment for water environment management. The company offers a core technology called the facultative MBR (FMBR) process that is a breakthrough technology for the utility of the future. The facultative membrane bioreactor (FMBR) is a biological wastewater treatment process that removes carbon, nitrogen and phosphorus simultaneously in a single reactor.

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