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Jiangsu Eastern Shenghong Co (SZSE:000301) EBIT : ¥-11 Mil (TTM As of Sep. 2024)


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What is Jiangsu Eastern Shenghong Co EBIT?

Jiangsu Eastern Shenghong Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-1,072 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-11 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiangsu Eastern Shenghong Co's annualized ROC % for the quarter that ended in Sep. 2024 was -1.07%. Jiangsu Eastern Shenghong Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -2.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiangsu Eastern Shenghong Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.01%.


Jiangsu Eastern Shenghong Co EBIT Historical Data

The historical data trend for Jiangsu Eastern Shenghong 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.

Jiangsu Eastern Shenghong Co EBIT Chart

Jiangsu Eastern Shenghong Co 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 2,371.30 1,639.97 7,253.87 2,607.88 3,898.78

Jiangsu Eastern Shenghong Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,937.53 -1,425.37 1,316.83 1,169.84 -1,071.88

Competitive Comparison of Jiangsu Eastern Shenghong Co's EBIT

For the Chemicals subindustry, Jiangsu Eastern Shenghong 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.


Jiangsu Eastern Shenghong Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Eastern Shenghong Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiangsu Eastern Shenghong Co's EV-to-EBIT falls into.


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Jiangsu Eastern Shenghong 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-11 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.


Jiangsu Eastern Shenghong Co  (SZSE:000301) EBIT Explanation

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

Jiangsu Eastern Shenghong Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-3311.816 * ( 1 - 24.35% )/( (230347.693 + 237091.114)/ 2 )
=-2505.388804/233719.4035
=-1.07 %

where

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))
=202430.234 - 17657.084 - ( 10704.202 - max(0, 86203.536 - 40628.993+10704.202))
=230347.693

Invested Capital(Q: Sep. 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))
=208026.674 - 19247.007 - ( 14559.242 - max(0, 92472.654 - 44161.207+14559.242))
=237091.114

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

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

Jiangsu Eastern Shenghong Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4287.504/( ( (148289.065 + max(7841.103, 0)) + (150655.42 + max(5389.591, 0)) )/ 2 )
=-4287.504/( ( 156130.168 + 156045.011 )/ 2 )
=-4287.504/156087.5895
=-2.75 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2162.446 + 23470.158 + 2085.526) - (17657.084 + 0 + 2219.943)
=7841.103

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2295.048 + 23497.552 + 2299.549) - (19247.007 + 0 + 3455.551)
=5389.591

When net working capital is negative, 0 is used.

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

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

Jiangsu Eastern Shenghong Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-10.585/185422.402
=-0.01 %

* 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.


Jiangsu Eastern Shenghong Co EBIT Related Terms

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Jiangsu Eastern Shenghong Co Business Description

Traded in Other Exchanges
N/A
Address
No.73, East Market Road, Shengze Town, Wujiang District, Jiangsu, Suzhou, CHN, 215228
Jiangsu Eastern Shenghong Co Ltd is engaged in the energy and chemical enterprise. The company in the fields of new energy, new materials, petroleum refining, and polyester chemical fiber has been deeply cultivated for many years, with diversified olefin production processes, and gradually formed a whole chemical complex with vertical integration of the industrial chain. Relying on refining and chemical integration, alcohol-based polygeneration, and propane industry chain projects, the chemical synthesis is constructed the chemical raw material supply platform is a "1+N" industrial cloth extending to diversified industrial chains such as new energy, new materials, electronic chemistry, and biotechnologyBureau.
Executives
Qiu Hai Rong Directors, executives
Ni Gen Yuan Supervisors
Wang Jun Directors, executives
Ji Gao Xiong Directors, executives
Wang Ning Supervisors
Shi Bin Feng Director
Chen Tan Supervisors
Zhang Yun Xia Supervisors

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