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GLG Life Tech (STU:9LTN) EBIT : €-4.13 Mil (TTM As of Jun. 2024)


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What is GLG Life Tech EBIT?

GLG Life Tech's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was €-0.30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €-4.13 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GLG Life Tech's annualized ROC % for the quarter that ended in Jun. 2024 was 0.61%. GLG Life Tech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -346.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GLG Life Tech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -5.26%.

GLG Life Tech EBIT Historical Data

The historical data trend for GLG Life Tech'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.

GLG Life Tech EBIT Chart

GLG Life Tech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.89 28.77 -1.67 0.82 -1.36

GLG Life Tech Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.15 -0.95 -2.01 -0.88 -0.30

Competitive Comparison of GLG Life Tech's EBIT

For the Farm Products subindustry, GLG Life Tech'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.

GLG Life Tech's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, GLG Life Tech's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where GLG Life Tech's EV-to-EBIT falls into.


GLG Life Tech 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 quarterly data reported by the company within the most recent 12 months, which was €-4.13 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.

GLG Life Tech  (STU:9LTN) EBIT Explanation

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

GLG Life Tech'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: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=0.692 * ( 1 - 0% )/( (111.101 + 114.971)/ 2 )
=0.692/113.036
=0.61 %

where

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))
=6.849 - 15.877 - ( 0.301 - max(0, 126.63 - 6.501+0.301))
=111.101

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))
=6.53 - 15.82 - ( 0.24 - max(0, 130.45 - 6.189+0.24))
=114.971

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

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

GLG Life Tech'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: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.184/( ( (0.345 + max(-68.341, 0)) + (0.338 + max(-70.308, 0)) )/ 2 )
=-1.184/( ( 0.345 + 0.338 )/ 2 )
=-1.184/0.3415
=-346.71 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.062 + 1.073 + 3.023) - (15.877 + 0.085 + 58.537)
=-68.341

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.143 + 0.768 + 3.028) - (15.82 + 0.042 + 60.385)
=-70.308

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

GLG Life Tech's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-4.132/78.528
=-5.26 %

* 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.

GLG Life Tech EBIT Related Terms

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GLG Life Tech Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » GLG Life Tech Corp (STU:9LTN) » Definitions » EBIT
Comparable Companies
XCNQ:AFI XCNQ:ULTA TSXV:POND TSXV:PTFY ADM SZSE:002714 TSN SZSE:300498 SHSE:600438 BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN XKLS:2445 XKLS:4065 BKK:CPF SZSE:002157 SZSE:002385 OSL:BAKKA
Traded in Other Exchanges
GLGLF:USA
Address
10271 Shellbridge Way, Suite 100, Richmond, BC, CAN, V6X 2W8
Website
https://www.glglifetech.com
GLG Life Tech Corp is engaged in the manufacturing and sales of refined forms of stevia and monk fruit. It operates through a single segment of Natural Sweeteners Products. Some of its brands are RebPure, TasteBoost, BevSweet, BakeZeroCal, and GoZero. The company's geographical segments are China and North America, of which the majority of its revenue comes from the North America.

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