Hubei Shuanghuan Science And Technology Stock Co (SZSE:000707) EBIT : ¥578 Mil (TTM As of Mar. 2024)

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What is Hubei Shuanghuan Science And Technology Stock Co EBIT?

Hubei Shuanghuan Science And Technology Stock Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥169 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥578 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hubei Shuanghuan Science And Technology Stock Co's annualized ROC % for the quarter that ended in Mar. 2024 was 30.30%. Hubei Shuanghuan Science And Technology Stock Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 69.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hubei Shuanghuan Science And Technology Stock Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 19.42%.

Hubei Shuanghuan Science And Technology Stock Co EBIT Historical Data

The historical data trend for Hubei Shuanghuan Science And Technology Stock 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.

Hubei Shuanghuan Science And Technology Stock Co EBIT Chart

Hubei Shuanghuan Science And Technology Stock Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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177.49

-340.97

488.22

904.29

640.79

Hubei Shuanghuan Science And Technology Stock 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															232.78	80.09	161.90	166.02	169.49

Competitive Comparison of Hubei Shuanghuan Science And Technology Stock Co's EBIT

For the Chemicals subindustry, Hubei Shuanghuan Science And Technology Stock 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.

Hubei Shuanghuan Science And Technology Stock Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hubei Shuanghuan Science And Technology Stock Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hubei Shuanghuan Science And Technology Stock Co's EV-to-EBIT falls into.

Hubei Shuanghuan Science And Technology Stock 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 ¥578 Mil.

Hubei Shuanghuan Science And Technology Stock Co (SZSE:000707) EBIT Explanation

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

Hubei Shuanghuan Science And Technology Stock 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 )
=	643.256 * ( 1 - -0.02% )	/	( (2125.241	+	2122.041)	/ 2 )
=	643.3846512	/	2123.641
=	30.30 %

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	))
=	3013.436	-	319.208	-	( 809.312	-	max(0, 725.758	-	1294.745	+	809.312	))
=	2125.241

	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	))
=	3171.081	-	281.065	-	( 995.492	-	max(0, 641.443	-	1409.418	+	995.492	))
=	2122.041

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

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

Hubei Shuanghuan Science And Technology Stock 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 )
=	677.972	/	( ( (975.866 + max(-220.161, 0))	+	(972.707 + max(-315.213, 0)) )	/	2 )
=	677.972	/	( ( 975.866	+	972.707 )	/	2 )
=	677.972	/	974.2865
=	69.59 %

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)
=	(5.422	+	62.436	+	127.24)	-	(319.208	+	0	+	96.051)
=	-220.161

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.358	+	65.098	+	18.287)	-	(281.065	+	0	+	120.891)
=	-315.213

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:

Hubei Shuanghuan Science And Technology Stock Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	577.502	/	2973.807
	=	19.42 %

Hubei Shuanghuan Science And Technology Stock Co EBIT Related Terms

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Hubei Shuanghuan Science And Technology Stock Co (SZSE:000707) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hubei Shuanghuan Science And Technology Stock Co Ltd (SZSE:000707) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

No. 26 Unity Avenue, Dongmafang, Hubei Province, Yingcheng, CHN, 432407

Website

http://www.hbshkj.cn

Hubei Shuanghuan Science And Technology Stock Co Ltd is a China based company involved in the chemical manufacturing. It is principally engaged in the manufacture of soda ash, ammonium chloride, baking soda, oxygen, liquid argon, sulfur, crude salt, and hydrochloric acid.

Executives

Chen Juan	Supervisors
Bai Yan Ting	Supervisors
Lei Fan	Executives
Nie Yi Min	Directors, executives

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