GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sun Art Retail Group Ltd (OTCPK:SURRF) » Definitions » EBIT

Sun Art Retail Group (Sun Art Retail Group) EBIT : $101 Mil (TTM As of Sep. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Sun Art Retail Group EBIT?

Sun Art Retail Group's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was $3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $101 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sun Art Retail Group's annualized ROC % for the quarter that ended in Sep. 2023 was -4.43%. Sun Art Retail Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 0.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sun Art Retail Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 28.46%.


Sun Art Retail Group EBIT Historical Data

The historical data trend for Sun Art Retail 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.

Sun Art Retail Group EBIT Chart

Sun Art Retail Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 679.79 681.32 695.07 2.68 170.66

Sun Art Retail Group Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep21 Mar22 Sep22 Mar23 Sep23
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 86.74 -85.59 71.09 98.25 2.60

Competitive Comparison of Sun Art Retail Group's EBIT

For the Department Stores subindustry, Sun Art Retail 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.


Sun Art Retail Group's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sun Art Retail Group's EV-to-EBIT distribution charts can be found below:

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



Sun Art Retail 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $101 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.


Sun Art Retail Group  (OTCPK:SURRF) EBIT Explanation

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

Sun Art Retail Group's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-165.254 * ( 1 - -94.85% )/( (7443.44 + 7078.612)/ 2 )
=-321.997419/7261.026
=-4.43 %

where

Invested Capital(Q: Mar. 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))
=9304.735 - 1991.902 - ( 2783.236 - max(0, 4931.286 - 4800.679+2783.236))
=7443.44

Invested Capital(Q: Sep. 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))
=8941.339 - 1967.004 - ( 2853.287 - max(0, 4868.935 - 4764.658+2853.287))
=7078.612

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Sun Art Retail Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5.206/( ( (3301.31 + max(-2588.341, 0)) + (3031.557 + max(-2599.379, 0)) )/ 2 )
=5.206/( ( 3301.31 + 3031.557 )/ 2 )
=5.206/3166.4335
=0.16 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(444.644 + 1229.738 + 343.061) - (1991.902 + 0 + 2613.882)
=-2588.341

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(315.707 + 1194.316 + 401.348) - (1967.004 + 0 + 2543.746)
=-2599.379

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=100.849/354.345
=28.46 %

* 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.


Sun Art Retail Group EBIT Related Terms

Thank you for viewing the detailed overview of Sun Art Retail Group's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Sun Art Retail Group (Sun Art Retail Group) Business Description

Traded in Other Exchanges
Address
183 Queen’s Road East, Level 54, Hopewell Centre, Hong Kong, HKG
Sun Art Retail Group Ltd is a hypermarket operator in China. As of 2019, the company had 491 hypermarket complexes under two banners: Auchan and RT-Mart, with a total gross floor area of 13.68 million square meters. Sun Art operates its business with hypermarkets, superstores, and mini stores under RT-Super and RT-Mini.

Sun Art Retail Group (Sun Art Retail Group) Headlines

From GuruFocus

Matthews China Fund Comments on Sun Art Retail Group Ltd

By Vera Yuan Vera Yuan 07-30-2015