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Hefei Fengle Seed Co (SZSE:000713) EBIT : ¥16 Mil (TTM As of Mar. 2024)


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What is Hefei Fengle Seed Co EBIT?

Hefei Fengle Seed Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hefei Fengle Seed Co's annualized ROC % for the quarter that ended in Mar. 2024 was -3.48%. Hefei Fengle Seed Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -6.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hefei Fengle Seed Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.44%.


Hefei Fengle Seed Co EBIT Historical Data

The historical data trend for Hefei Fengle Seed 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.

Hefei Fengle Seed Co EBIT Chart

Hefei Fengle Seed 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 86.64 78.38 199.08 66.83 43.31

Hefei Fengle Seed 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 7.97 -6.52 -35.79 77.65 -19.75

Competitive Comparison of Hefei Fengle Seed Co's EBIT

For the Farm Products subindustry, Hefei Fengle Seed 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.


Hefei Fengle Seed Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hefei Fengle Seed Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hefei Fengle Seed Co's EV-to-EBIT falls into.



Hefei Fengle Seed 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 ¥16 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.


Hefei Fengle Seed Co  (SZSE:000713) EBIT Explanation

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

Hefei Fengle Seed 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 )
=-79.004 * ( 1 - -3.57% )/( (2215.122 + 2488.104)/ 2 )
=-81.8244428/2351.613
=-3.48 %

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))
=2953.036 - 362.306 - ( 375.608 - max(0, 722.113 - 1539.002+375.608))
=2215.122

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))
=3069.333 - 357.999 - ( 223.23 - max(0, 858.077 - 1642.421+223.23))
=2488.104

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

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

Hefei Fengle Seed 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 )
=-79.004/( ( (764.716 + max(419.881, 0)) + (782.199 + max(575.666, 0)) )/ 2 )
=-79.004/( ( 1184.597 + 1357.865 )/ 2 )
=-79.004/1271.231
=-6.21 %

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)
=(228.235 + 715.544 + 192.772) - (362.306 + 0 + 354.364)
=419.881

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(352.415 + 672.963 + 369.726) - (357.999 + 0 + 461.439)
=575.666

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:

Hefei Fengle Seed Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=15.589/3506.202
=0.44 %

* 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.


Hefei Fengle Seed Co EBIT Related Terms

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Hefei Fengle Seed Co (SZSE:000713) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Chuangye Avenue, Laoshan District, Anhui, Hefei, CHN, 230088
Hefei Fengle Seed Co Ltd is a China-based company engaged in the development, production sale of seeds, agrochemicals and spices. Geographically the activities are carried out through China.
Executives
Wang Hao Bo Directors, executives
Chen Hui Zhong Supervisors
Luo Song Biao Directors, executives
Chen Mao Xin Director
Xu Ji Ping Directors, executives
Wu Da Xiang Director

Hefei Fengle Seed Co (SZSE:000713) Headlines

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