Caissa Tosun Development Co (SZSE:000796) EBIT : ¥665.4 Mil (TTM As of Mar. 2024)

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What is Caissa Tosun Development Co EBIT?

Caissa Tosun Development Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-6.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥665.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Caissa Tosun Development Co's annualized ROC % for the quarter that ended in Mar. 2024 was -2.72%. Caissa Tosun Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -22.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Caissa Tosun Development Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.82%.

Caissa Tosun Development Co EBIT Historical Data

The historical data trend for Caissa Tosun Development 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.

Caissa Tosun Development Co EBIT Chart

Caissa Tosun Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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313.07

-594.39

-584.59

-935.82

650.20

Caissa Tosun Development 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															-21.47	-41.11	37.94	674.85	-6.23

Competitive Comparison of Caissa Tosun Development Co's EBIT

For the Travel Services subindustry, Caissa Tosun Development 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.

Caissa Tosun Development Co's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Caissa Tosun Development Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Caissa Tosun Development Co's EV-to-EBIT falls into.

Caissa Tosun Development 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 ¥665.4 Mil.

Caissa Tosun Development Co (SZSE:000796) EBIT Explanation

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

Caissa Tosun Development 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 )
=	-24.92 * ( 1 - -9.31% )	/	( (1126.748	+	873.535)	/ 2 )
=	-27.240052	/	1000.1415
=	-2.72 %

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	))
=	2357.726	-	775.034	-	( 455.944	-	max(0, 922.35	-	1587.183	+	455.944	))
=	1126.748

	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	))
=	2334.949	-	841.042	-	( 973.052	-	max(0, 946.025	-	1566.397	+	973.052	))
=	873.535

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

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

Caissa Tosun Development 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 )
=	-24.92	/	( ( (111.028 + max(-486.79, 0))	+	(108.674 + max(-627.495, 0)) )	/	2 )
=	-24.92	/	( ( 111.028	+	108.674 )	/	2 )
=	-24.92	/	109.851
=	-22.69 %

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)
=	(170.072	+	10.853	+	195.203)	-	(775.034	+	0	+	87.884)
=	-486.79

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(196.035	+	12.933	+	71.747)	-	(841.042	+	0	+	67.168)
=	-627.495

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:

Caissa Tosun Development Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	665.445	/	4816.064
	=	13.82 %

Caissa Tosun Development Co EBIT Related Terms

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Caissa Tosun Development Co (SZSE:000796) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Caissa Tosun Development Co Ltd (SZSE:000796) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.155 Jinger Road, Weibin District, Shaanxi, Baoji, CHN, 721000

Website

http://www.caissa.com.cn

Caissa Tosun Development Co Ltd is engaged in tourism industry. The company's services include group tours, domestic and peripheral tours, cruise, visa, air tickets, hotel bookings, theme tours, among others.

Executives

Nang Qi	Directors, executives
Ma Yi Wen	Director
Zheng Dan	Supervisors
Zhang Ling	Directors, executives
Gao Zhi Ping	Supervisors
Zhang Wei	Supervisors
Liu Jiang Tao	Directors, executives
Li Wei Dong	Supervisors
Liu Zhi Qiang	Director
Wei Cun Gong	Director
Ma Zhang Zhao	Supervisors
Li Zhang Ming	Supervisors

Caissa Tosun Development Co (SZSE:000796) Headlines

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