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Jinzhou Cihang Group Co (SZSE:000587) EBIT : ¥-795.04 Mil (TTM As of Sep. 2022)


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What is Jinzhou Cihang Group Co EBIT?

Jinzhou Cihang Group Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was ¥-3.74 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was ¥-795.04 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jinzhou Cihang Group Co's annualized ROC % for the quarter that ended in Sep. 2022 was -2.07%. Jinzhou Cihang Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -292.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Jinzhou Cihang Group Co EBIT Historical Data

The historical data trend for Jinzhou Cihang Group 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.

Jinzhou Cihang Group Co EBIT Chart

Jinzhou Cihang Group Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,647.96 -1,912.84 -4,475.99 421.28 -940.73

Jinzhou Cihang Group Co Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -0.18 -788.59 0.86 -3.56 -3.74

Competitive Comparison of Jinzhou Cihang Group Co's EBIT

For the Luxury Goods subindustry, Jinzhou Cihang Group 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.


Jinzhou Cihang Group Co's EV-to-EBIT Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Jinzhou Cihang Group Co's EV-to-EBIT falls into.



Jinzhou Cihang Group 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-795.04 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.


Jinzhou Cihang Group Co  (SZSE:000587) EBIT Explanation

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

Jinzhou Cihang Group Co's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-14.488 * ( 1 - 4.84% )/( (665.511 + 665.349)/ 2 )
=-13.7867808/665.43
=-2.07 %

where

Invested Capital(Q: Jun. 2022 )
=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))
=1100.255 - 425.192 - ( 37.777 - max(0, 1043.494 - 1053.046+37.777))
=665.511

Invested Capital(Q: Sep. 2022 )
=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))
=1076.008 - 403.433 - ( 22.434 - max(0, 1021.615 - 1028.841+22.434))
=665.349

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

Jinzhou Cihang Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-14.976/( ( (5.144 + max(-406.345, 0)) + (5.112 + max(-385.66, 0)) )/ 2 )
=-14.976/( ( 5.144 + 5.112 )/ 2 )
=-14.976/5.128
=-292.04 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 217.262 + 1.6849999999999) - (425.192 + 0 + 200.1)
=-406.345

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 216.128 + 1.645) - (403.433 + 0 + 200)
=-385.66

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

Jinzhou Cihang Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=-795.037/0.000
= %

* 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.


Jinzhou Cihang Group Co EBIT Related Terms

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Jinzhou Cihang Group Co (SZSE:000587) Business Description

Traded in Other Exchanges
N/A
Address
No. 118, Qingshan West Road, Yichun District, Heilongjiang Province, Yichun, CHN, 153000
Jinzhou Cihang Group Co Ltd is engaged in processing, manufacturing, and selling of precious metals, jewelry, jade-based arts and crafts, and recycling of gold in China.
Executives
Xu Jing Executives
Liu Dao Ren Supervisors
Ji Qing Bin Executives
Ren Hui Qing Executives
Cui Yi Dong Executives
Li Xing Jiang Directors, executives
Yuan Mei Jun Supervisors
Gao Jin Bo Director
Dang Jian Jun Executives

Jinzhou Cihang Group Co (SZSE:000587) Headlines

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