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Guangzhou Hongmian Zhihui Science and Technology Innovation Co (SZSE:000523) EBIT : ¥115 Mil (TTM As of Mar. 2024)


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What is Guangzhou Hongmian Zhihui Science and Technology Innovation Co EBIT?

Guangzhou Hongmian Zhihui Science and Technology Innovation Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥45 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥115 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guangzhou Hongmian Zhihui Science and Technology Innovation Co's annualized ROC % for the quarter that ended in Mar. 2024 was 5.33%. Guangzhou Hongmian Zhihui Science and Technology Innovation Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 16.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guangzhou Hongmian Zhihui Science and Technology Innovation Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.28%.


Guangzhou Hongmian Zhihui Science and Technology Innovation Co EBIT Historical Data

The historical data trend for Guangzhou Hongmian Zhihui Science and Technology Innovation 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.

Guangzhou Hongmian Zhihui Science and Technology Innovation Co EBIT Chart

Guangzhou Hongmian Zhihui Science and Technology Innovation 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 4.48 -4,127.99 1,958.19 -6.50 97.78

Guangzhou Hongmian Zhihui Science and Technology Innovation Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 28.37 -16.78 51.50 34.69 45.33

Competitive Comparison of Guangzhou Hongmian Zhihui Science and Technology Innovation Co's EBIT

For the Household & Personal Products subindustry, Guangzhou Hongmian Zhihui Science and Technology Innovation 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.


Guangzhou Hongmian Zhihui Science and Technology Innovation Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guangzhou Hongmian Zhihui Science and Technology Innovation Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Guangzhou Hongmian Zhihui Science and Technology Innovation Co's EV-to-EBIT falls into.



Guangzhou Hongmian Zhihui Science and Technology Innovation 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥115 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.


Guangzhou Hongmian Zhihui Science and Technology Innovation Co  (SZSE:000523) EBIT Explanation

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

Guangzhou Hongmian Zhihui Science and Technology Innovation Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=121.848 * ( 1 - 21.31% )/( (1752.95 + 1848.232)/ 2 )
=95.8821912/1800.591
=5.33 %

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))
=3215.801 - 277.729 - ( 1185.122 - max(0, 425.422 - 1682.02+1185.122))
=1752.95

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))
=3405.064 - 292.229 - ( 1264.603 - max(0, 500.774 - 1799.189+1264.603))
=1848.232

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

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

Guangzhou Hongmian Zhihui Science and Technology Innovation Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=181.312/( ( (943.68 + max(152.122, 0)) + (982.12 + max(141.295, 0)) )/ 2 )
=181.312/( ( 1095.802 + 1123.415 )/ 2 )
=181.312/1109.6085
=16.34 %

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)
=(237.238 + 146.327 + 74.61) - (277.729 + 0 + 28.324)
=152.122

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(209.285 + 193.983 + 73.146) - (292.229 + 0 + 42.89)
=141.295

When net working capital is negative, 0 is used.

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

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

Guangzhou Hongmian Zhihui Science and Technology Innovation Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=114.741/5034.481
=2.28 %

* 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.


Guangzhou Hongmian Zhihui Science and Technology Innovation Co EBIT Related Terms

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Guangzhou Hongmian Zhihui Science and Technology Innovation Co (SZSE:000523) Business Description

Traded in Other Exchanges
N/A
Address
No. 128 Huangpu Avenue East, Tianhe District, Guangzhou, Guangdong, CHN, 510660
Guangzhou Hongmian Zhihui Science and Technology Innovation Co Ltd formerly Lonkey Industrial Co Ltd is engaged in the manufacturing of detergents. The products of the company include washing powder, liquid detergent, soap, and daily cleaning materials.
Executives
Liao Jian Supervisors
Wang Zhi Gang Secretary Dong
Wang Ying Jie Executives
Chen Wen Executives
Chen Jian Bin Directors, executives
Cheng Zhi Bin Executives
Chen Tao Executives
Li Yun Supervisors
Fu Yong Guo Directors, executives
Chen Shu Xu Executives
He Wei Wen Supervisors

Guangzhou Hongmian Zhihui Science and Technology Innovation Co (SZSE:000523) Headlines

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