Shanghai Jinjiang International Travel Co (SHSE:900929) EBIT : $3.5 Mil (TTM As of Mar. 2024)

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What is Shanghai Jinjiang International Travel Co EBIT?

Shanghai Jinjiang International Travel Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-1.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $3.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shanghai Jinjiang International Travel Co's annualized ROC % for the quarter that ended in Mar. 2024 was -3.10%. Shanghai Jinjiang International Travel Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -260.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shanghai Jinjiang International Travel Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.58%.

Shanghai Jinjiang International Travel Co EBIT Historical Data

The historical data trend for Shanghai Jinjiang International Travel 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.

Shanghai Jinjiang International Travel Co EBIT Chart

Shanghai Jinjiang International Travel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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11.38

1.27

0.32

-10.58

3.55

Shanghai Jinjiang International Travel 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															-1.00	5.54	-6.25	5.35	-1.16

Competitive Comparison of Shanghai Jinjiang International Travel Co's EBIT

For the Lodging subindustry, Shanghai Jinjiang International Travel 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.

Shanghai Jinjiang International Travel Co's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shanghai Jinjiang International Travel Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shanghai Jinjiang International Travel Co's EV-to-EBIT falls into.

Shanghai Jinjiang International Travel 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 $3.5 Mil.

Shanghai Jinjiang International Travel Co (SHSE:900929) EBIT Explanation

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

Shanghai Jinjiang International Travel 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 )
=	-4.656 * ( 1 - -0.8% )	/	( (144.673	+	157.752)	/ 2 )
=	-4.693248	/	151.2125
=	-3.10 %

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	))
=	171.22	-	21.308	-	( 18.444	-	max(0, 42.179	-	47.418	+	18.444	))
=	144.673

	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	))
=	182.524	-	20.496	-	( 13.21	-	max(0, 46.429	-	50.705	+	13.21	))
=	157.752

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

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

Shanghai Jinjiang International Travel 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 )
=	-4.656	/	( ( (1.83 + max(-13.364, 0))	+	(1.743 + max(-8.938, 0)) )	/	2 )
=	-4.656	/	( ( 1.83	+	1.743 )	/	2 )
=	-4.656	/	1.7865
=	-260.62 %

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)
=	(18.033	+	0.024	+	10.029)	-	(21.308	+	0	+	20.142)
=	-13.364

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(17.706	+	0.022	+	19.133)	-	(20.496	+	0	+	25.303)
=	-8.938

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:

Shanghai Jinjiang International Travel Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	3.475	/	97.003
	=	3.58 %

Shanghai Jinjiang International Travel Co EBIT Related Terms

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Shanghai Jinjiang International Travel Co (SHSE:900929) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shanghai Jinjiang International Travel Co Ltd (SHSE:900929) » Definitions » EBIT

Comparable Companies

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Address

No. 100 Yan'an East Road, Lianyi Building, 27F, Shanghai, CHN, 200002

Website

http://www.jjtravel.com

Shanghai Jinjiang International Travel Co Ltd is an investment holding company. Along with its subsidiaries, the firm is engaged in hotel management and investment, travel services, and related transportation services. The company offers consumer products including Jinjiang Traveler a business travel booking site, Jinjiang ceremony to enjoy an international club, and Jinjiang e Cartoon a consumer credit card.

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