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Shantui Construction Machinery Co (SZSE:000680) EBIT : ¥1,109 Mil (TTM As of Sep. 2024)


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What is Shantui Construction Machinery Co EBIT?

Shantui Construction Machinery Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥294 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥1,109 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shantui Construction Machinery Co's annualized ROC % for the quarter that ended in Sep. 2024 was 25.54%. Shantui Construction Machinery Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 72.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shantui Construction Machinery Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 9.81%.


Shantui Construction Machinery Co EBIT Historical Data

The historical data trend for Shantui Construction Machinery 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.

Shantui Construction Machinery Co EBIT Chart

Shantui Construction Machinery 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 169.53 186.23 212.82 736.55 837.66

Shantui Construction Machinery 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 211.28 287.60 257.63 270.09 293.76

Competitive Comparison of Shantui Construction Machinery Co's EBIT

For the Farm & Heavy Construction Machinery subindustry, Shantui Construction Machinery 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.


Shantui Construction Machinery Co's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Shantui Construction Machinery Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shantui Construction Machinery Co's EV-to-EBIT falls into.



Shantui Construction Machinery 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 ¥1,109 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.


Shantui Construction Machinery Co  (SZSE:000680) EBIT Explanation

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

Shantui Construction Machinery 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 )
=1219.5 * ( 1 - 9.37% )/( (4309.799 + 4346.213)/ 2 )
=1105.23285/4328.006
=25.54 %

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))
=14776.194 - 7265.766 - ( 3914.366 - max(0, 8290.555 - 11491.184+3914.366))
=4309.799

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))
=15763.216 - 8065.665 - ( 4266.182 - max(0, 9007.743 - 12359.081+4266.182))
=4346.213

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

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

Shantui Construction Machinery 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 )
=1175.036/( ( (1581.935 + max(-665.724, 0)) + (1663.28 + max(-964.058, 0)) )/ 2 )
=1175.036/( ( 1581.935 + 1663.28 )/ 2 )
=1175.036/1622.6075
=72.42 %

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)
=(4179.771 + 2127.649 + 706.949) - (7265.766 + 0 + 414.327)
=-665.724

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4240.011 + 2428.639 + 763.765) - (8065.665 + 0 + 330.808)
=-964.058

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:

Shantui Construction Machinery Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1109.078/11307.223
=9.81 %

* 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.


Shantui Construction Machinery Co EBIT Related Terms

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Shantui Construction Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 58 Taibai East Road, National Highway 327, Shantui International Business Park, High-tech Zone, Shandong province, Jining, CHN, 272073
Shantui Construction Machinery Co Ltd is a China-based company specializing in the research and development, manufacture and sale of construction machinery products and related spare parts. Its product portfolio covers earthmoving machinery, pavement and compaction machinery, concrete machinery, excavators, loaders and other host products. The company has formed industrial bases such as bulldozers, road machinery, loaders, concrete machinery and construction machinery parts.
Executives
Li Shi Zhen Directors, executives
Han Bao Hui Executives
Yuan Qing Secretary Dong
Zhu Lai Suo Executives
Huang Ya Jun Executives
Wu Ru Jiang Director
Su Zi Meng Independent director
Sun Xue Ke Director
Xia Yu Wu Director
Wang Xiao Ying Supervisors
Zhang Jian Executives
Yan Kai Rong Executives
Li Dian He Executives
Yin Xiang Hua Director
Bi Yu Xin Securities Affairs Representative

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