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Guangdong Fangyuan Environment Co (SHSE:688148) EBIT : ¥-391 Mil (TTM As of Mar. 2024)


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What is Guangdong Fangyuan Environment Co EBIT?

Guangdong Fangyuan Environment Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥63 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-391 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guangdong Fangyuan Environment Co's annualized ROC % for the quarter that ended in Mar. 2024 was 0.62%. Guangdong Fangyuan Environment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guangdong Fangyuan Environment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -10.27%.


Guangdong Fangyuan Environment Co EBIT Historical Data

The historical data trend for Guangdong Fangyuan Environment 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.

Guangdong Fangyuan Environment Co EBIT Chart

Guangdong Fangyuan Environment Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 106.12 72.81 92.19 32.21 -445.35

Guangdong Fangyuan Environment Co Quarterly Data
Dec18 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 7.96 -8.85 -67.89 -376.57 62.69

Competitive Comparison of Guangdong Fangyuan Environment Co's EBIT

For the Electrical Equipment & Parts subindustry, Guangdong Fangyuan Environment 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.


Guangdong Fangyuan Environment Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong Fangyuan Environment Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Guangdong Fangyuan Environment Co's EV-to-EBIT falls into.



Guangdong Fangyuan Environment 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 ¥-391 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.


Guangdong Fangyuan Environment Co  (SHSE:688148) EBIT Explanation

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

Guangdong Fangyuan Environment 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 )
=94.604 * ( 1 - 82.39% )/( (2728.819 + 2612.669)/ 2 )
=16.6597644/2670.744
=0.62 %

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))
=3086.457 - 264.668 - ( 92.97 - max(0, 873.6 - 1334.744+92.97))
=2728.819

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))
=3533.089 - 515.108 - ( 405.312 - max(0, 1192.791 - 1790.576+405.312))
=2612.669

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

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

Guangdong Fangyuan Environment 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 )
=250.768/( ( (1381.597 + max(834.955, 0)) + (1388.249 + max(784.287, 0)) )/ 2 )
=250.768/( ( 2216.552 + 2172.536 )/ 2 )
=250.768/2194.544
=11.43 %

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)
=(102.842 + 755.355 + 244.538) - (264.668 + 0 + 3.112)
=834.955

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(228.627 + 812.103 + 260.777) - (515.108 + 0 + 2.1119999999999)
=784.287

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:

Guangdong Fangyuan Environment Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-390.615/3804.841
=-10.27 %

* 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.


Guangdong Fangyuan Environment Co EBIT Related Terms

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Guangdong Fangyuan Environment Co (SHSE:688148) Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Area A, Lingang Industrial Park, Gujing Town, Xinhui District, Guangdong Province, Jiangmen, CHN, 529145
Guangdong Fangyuan Environment Co Ltd is engaged in the research and development, production and sales of lithium battery ternary cathode material precursors and nickel battery cathode materials.
Executives
Zhu Hong Bin senior management
Zhang Bin senior management
Luo Ai Ping Directors, senior managers, core technical personn
Chen Jian Liang senior management
Zhu Zhi Jun Core technical personnel
Wu Fang Directors, senior managers, core technical personn
Liu Jing Xing Senior management, core technical personnel
Lin Jie Ping senior management
Long Quan An Directors, senior managers, core technical personn
Xie Song Shu Directors, senior managers, core technical personn

Guangdong Fangyuan Environment Co (SHSE:688148) Headlines

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