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Yihai International Holdings (STU:YIR) EBIT : €154.1 Mil (TTM As of Jun. 2024)


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What is Yihai International Holdings EBIT?

Yihai International Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €59.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €154.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yihai International Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 20.28%. Yihai International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 44.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Yihai International Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 10.67%.


Yihai International Holdings EBIT Historical Data

The historical data trend for Yihai International Holdings'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.

Yihai International Holdings EBIT Chart

Yihai International Holdings 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 140.53 170.22 163.35 155.45 162.91

Yihai International Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 57.16 100.67 68.22 94.93 59.16

Competitive Comparison of Yihai International Holdings's EBIT

For the Packaged Foods subindustry, Yihai International Holdings'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.


Yihai International Holdings's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yihai International Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Yihai International Holdings's EV-to-EBIT falls into.



Yihai International Holdings 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 €154.1 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.


Yihai International Holdings  (STU:YIR) EBIT Explanation

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

Yihai International Holdings'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 )
=106.684 * ( 1 - 27.29% )/( (391.463 + 373.463)/ 2 )
=77.5699364/382.463
=20.28 %

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))
=777.558 - 81.629 - ( 319.965 - max(0, 104.888 - 409.354+319.965))
=391.463

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))
=677.506 - 56.36 - ( 247.683 - max(0, 69.799 - 325.296+247.683))
=373.463

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:

Yihai International Holdings'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 )
=118.324/( ( (257.991 + max(-11.39, 0)) + (266.591 + max(10.486, 0)) )/ 2 )
=118.324/( ( 257.991 + 277.077 )/ 2 )
=118.324/267.534
=44.23 %

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)
=(33.15 + 47.587 + 8.652) - (81.629 + 0 + 19.15)
=-11.39

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.07 + 43.824 + 8.719) - (56.36 + 0 + 10.767)
=10.486

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:

Yihai International Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=154.094/1443.730
=10.67 %

* 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.


Yihai International Holdings EBIT Related Terms

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Yihai International Holdings Business Description

Traded in Other Exchanges
Address
No. 2500 Zhenbei Road, Room 1810, Putuo District, Shanghai, CHN, 200062
Yihai International is a leading compound condiment manufacturer in China with a focus on hot pot condiments. It was started by the founder of Haidilao (one of the largest hot pot chains in China), Zhang Yong, as a condiment supplier to the hot pot chain. Yihai started to produce packaged hot pot condiments and ready-to-eat hot pot using the Haidilao brand as Haidilao became well known across China. It has also developed brands such as Magic Cook and Yue Yi Hai to sell other Chinese-style condiments and supply cooking condiments to other restaurants.

Yihai International Holdings Headlines

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