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Guizhou Zhenhua E-chem (SHSE:688707) EBIT : ¥-240 Mil (TTM As of Sep. 2024)


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What is Guizhou Zhenhua E-chem EBIT?

Guizhou Zhenhua E-chem's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-127 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-240 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guizhou Zhenhua E-chem's annualized ROC % for the quarter that ended in Sep. 2024 was -8.36%. Guizhou Zhenhua E-chem's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -14.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guizhou Zhenhua E-chem's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -3.49%.


Guizhou Zhenhua E-chem EBIT Historical Data

The historical data trend for Guizhou Zhenhua E-chem'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.

Guizhou Zhenhua E-chem EBIT Chart

Guizhou Zhenhua E-chem Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 89.21 -155.67 546.85 1,558.18 205.03

Guizhou Zhenhua E-chem Quarterly Data
Dec18 Dec19 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 106.34 99.56 -147.89 -64.75 -127.10

Competitive Comparison of Guizhou Zhenhua E-chem's EBIT

For the Chemicals subindustry, Guizhou Zhenhua E-chem'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.


Guizhou Zhenhua E-chem's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Guizhou Zhenhua E-chem's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Guizhou Zhenhua E-chem's EV-to-EBIT falls into.



Guizhou Zhenhua E-chem 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 ¥-240 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.


Guizhou Zhenhua E-chem  (SHSE:688707) EBIT Explanation

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

Guizhou Zhenhua E-chem'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 )
=-440.28 * ( 1 - 10.79% )/( (4584.164 + 4815.998)/ 2 )
=-392.773788/4700.081
=-8.36 %

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))
=8406.643 - 1520.078 - ( 2322.287 - max(0, 2914.843 - 5217.244+2322.287))
=4584.164

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))
=7956.273 - 1102.701 - ( 2037.574 - max(0, 2771.185 - 4818.947+2037.574))
=4815.998

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

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

Guizhou Zhenhua E-chem'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 )
=-508.384/( ( (2772.717 + max(550.775, 0)) + (2710.409 + max(968.885, 0)) )/ 2 )
=-508.384/( ( 3323.492 + 3679.294 )/ 2 )
=-508.384/3501.393
=-14.52 %

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)
=(627.87 + 1289.438 + 174.623) - (1520.078 + 0 + 21.078)
=550.775

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(819.152 + 1140.972 + 144.557) - (1102.701 + 0 + 33.095)
=968.885

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:

Guizhou Zhenhua E-chem's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-240.18/6878.389
=-3.49 %

* 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.


Guizhou Zhenhua E-chem EBIT Related Terms

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Guizhou Zhenhua E-chem Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Gaokua Road, Baiyun District, Guizhou Province, Guiyang, CHN, 550016
Guizhou Zhenhua E-chem Inc is engaged in the research and development, production and sales of cathode materials for lithium-ion batteries.
Executives
Zhou Chao Yi Core technical personnel
Xiang Qian Xin Directors, senior managers, core technical personn
Li Lu Core technical personnel

Guizhou Zhenhua E-chem Headlines

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