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Jiangsu Cnano Technology Co (SHSE:688116) EBIT : ¥408 Mil (TTM As of Sep. 2024)


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What is Jiangsu Cnano Technology Co EBIT?

Jiangsu Cnano Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥86 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥408 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiangsu Cnano Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was 9.26%. Jiangsu Cnano Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 15.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiangsu Cnano Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.73%.


Jiangsu Cnano Technology Co EBIT Historical Data

The historical data trend for Jiangsu Cnano Technology 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 Cnano Technology Co EBIT Chart

Jiangsu Cnano Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 130.72 126.25 334.74 511.23 393.94

Jiangsu Cnano Technology 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 95.74 167.76 72.41 82.51 85.58

Competitive Comparison of Jiangsu Cnano Technology Co's EBIT

For the Specialty Chemicals subindustry, Jiangsu Cnano Technology 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 Cnano Technology Co's EV-to-EBIT Distribution in the Chemicals Industry

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

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


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Jiangsu Cnano Technology 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 ¥408 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 Cnano Technology Co  (SHSE:688116) EBIT Explanation

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

Jiangsu Cnano Technology 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 )
=326.392 * ( 1 - 10.72% )/( (3109.156 + 3183.28)/ 2 )
=291.4027776/3146.218
=9.26 %

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))
=4956.329 - 789.542 - ( 1057.631 - max(0, 899.592 - 2385.934+1057.631))
=3109.156

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))
=5064.916 - 717.05 - ( 1164.586 - max(0, 936.284 - 2500.749+1164.586))
=3183.28

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 Cnano Technology 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 )
=342.312/( ( (2210.437 + max(-79.647, 0)) + (2204.246 + max(77.165, 0)) )/ 2 )
=342.312/( ( 2210.437 + 2281.411 )/ 2 )
=342.312/2245.924
=15.24 %

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)
=(406.329 + 241.921 + 63.569) - (789.542 + 0 + 1.924)
=-79.647

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(507.223 + 225.157 + 63.798) - (717.05 + 0 + 1.9630000000001)
=77.165

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=408.263/14962.437
=2.73 %

* 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 Cnano Technology Co EBIT Related Terms

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Jiangsu Cnano Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 113, Qinglongshan Road, Zhenjiang New District, cccProvince, Zhenjiang, CHN, 212000
Jiangsu Cnano Technology Co Ltd is engaged in the manufacturing, research and development, and sales of nanoscale carbon materials and related products, including carbon nanotube powder, carbon nanotube conductive paste, graphene composite conductive paste, carbon nanotube conductive masterbatch, etc. The carbon nanotube-related products produced by the company are mainly used in the field of lithium batteries, to improve the energy density and cycle life performance of lithium batteries, and finally used in new energy vehicles, 3C Products, energy storage batteries, and other fields.
Executives
Xie Bao Dong Core technical personnel
Wei Zhao Jie Core technical personnel
Liu Fei Core technical personnel
Guo Wei Xing Core technical personnel
Lin Wei Guo Core technical personnel
Shi Yin Huan Core technical personnel
Yue Bang Xian Senior management, core technical personnel
Zhang Mei Jie Directors, senior managers, core technical personn
Cai Yong Lve Directors, senior managers
Ye Ya Wen senior management
Yan Yan Directors, senior managers
Zheng Tao Directors, senior managers, core technical personn
Cai Wei Zheng Core technical personnel
Cai Zong Yan Core technical personnel
Sun Min Supervisors

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