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Dongyue Group (STU:4D3) EBIT : €185 Mil (TTM As of Jun. 2024)


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What is Dongyue Group EBIT?

Dongyue Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €86 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €185 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dongyue Group's annualized ROC % for the quarter that ended in Jun. 2024 was 4.47%. Dongyue Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 10.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dongyue Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 8.53%.


Dongyue Group EBIT Historical Data

The historical data trend for Dongyue Group'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.

Dongyue Group EBIT Chart

Dongyue Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 140.93 462.12 696.03 84.10 186.84

Dongyue Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 371.30 37.28 46.95 86.44 98.29

Competitive Comparison of Dongyue Group's EBIT

For the Chemicals subindustry, Dongyue Group'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.


Dongyue Group's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dongyue Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dongyue Group's EV-to-EBIT falls into.


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Dongyue Group 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €185 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.


Dongyue Group  (STU:4D3) EBIT Explanation

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

Dongyue Group's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=148.528 * ( 1 - 41.27% )/( (1964.058 + 1937.714)/ 2 )
=87.2304944/1950.886
=4.47 %

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))
=2818.828 - 527.626 - ( 327.144 - max(0, 585.604 - 982.246+327.144))
=1964.058

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))
=2662.517 - 427.563 - ( 297.24 - max(0, 457.377 - 864.221+297.24))
=1937.714

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Dongyue Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=172.884/( ( (1705.842 + max(-4.2840000000001, 0)) + (1678.726 + max(2.0489999999999, 0)) )/ 2 )
=172.884/( ( 1705.842 + 1680.775 )/ 2 )
=172.884/1693.3085
=10.21 %

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)
=(200.926 + 316.41 + 63.316) - (527.626 + 0 + 57.31)
=-4.2840000000001

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(220.48 + 200.929 + 37.415) - (427.563 + 0 + 29.212)
=2.0489999999999

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Dongyue Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=184.735/2166.266
=8.53 %

* 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.


Dongyue Group EBIT Related Terms

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Dongyue Group Business Description

Traded in Other Exchanges
Address
Dongyue International Fluoro, Silicone Material Industry Park, Shandong Province, Zibo City, CHN, 256401
Dongyue Group Ltd is an investment holding company engaged in five operating segments; Polymers, Refrigerants, Organic silicon, Dichloromethane, PVC, and liquid alkali, and Other operations include manufacturing and sales of side- products of the refrigerants segment, polymers segment, Organic silicon segment, dichloromethane, PVC and liquid alkali segment, property development, and rental income. The company operates geographically in China and Asia including India, Japan, South Korea, Singapore, Thailand, Pakistan, and other countries. it derives a majority of its revenue from the People's Republic of China.

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