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CNFC Overseas Fisheries Co (SZSE:000798) EBIT : ¥90 Mil (TTM As of Sep. 2024)


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What is CNFC Overseas Fisheries Co EBIT?

CNFC Overseas Fisheries Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CNFC Overseas Fisheries Co's annualized ROC % for the quarter that ended in Sep. 2024 was -3.11%. CNFC Overseas Fisheries Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -3.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CNFC Overseas Fisheries Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.67%.


CNFC Overseas Fisheries Co EBIT Historical Data

The historical data trend for CNFC Overseas Fisheries 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.

CNFC Overseas Fisheries Co EBIT Chart

CNFC Overseas Fisheries 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 24.80 -145.45 -76.08 288.11 75.09

CNFC Overseas Fisheries 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 -68.42 -32.66 0.85 151.69 -30.33

Competitive Comparison of CNFC Overseas Fisheries Co's EBIT

For the Packaged Foods subindustry, CNFC Overseas Fisheries 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.


CNFC Overseas Fisheries Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where CNFC Overseas Fisheries Co's EV-to-EBIT falls into.



CNFC Overseas Fisheries 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 ¥90 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.


CNFC Overseas Fisheries Co  (SZSE:000798) EBIT Explanation

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

CNFC Overseas Fisheries 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 )
=-144.448 * ( 1 - -1.75% )/( (4830.696 + 4635.58)/ 2 )
=-146.97584/4733.138
=-3.11 %

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))
=6759.691 - 1507.282 - ( 948.822 - max(0, 3192.351 - 3614.064+948.822))
=4830.696

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))
=6713.867 - 1586.674 - ( 834.754 - max(0, 3039.945 - 3531.558+834.754))
=4635.58

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

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

CNFC Overseas Fisheries 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 )
=-121.316/( ( (2849.515 + max(908.83, 0)) + (2881.334 + max(896.484, 0)) )/ 2 )
=-121.316/( ( 3758.345 + 3777.818 )/ 2 )
=-121.316/3768.0815
=-3.22 %

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)
=(280.091 + 2054.67 + 236.572) - (1507.282 + 0 + 155.221)
=908.83

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(255.653 + 2137.426 + 208.216) - (1586.674 + 0 + 118.137)
=896.484

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:

CNFC Overseas Fisheries Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=89.559/5358.176
=1.67 %

* 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.


CNFC Overseas Fisheries Co EBIT Related Terms

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CNFC Overseas Fisheries Co Business Description

Traded in Other Exchanges
N/A
Address
No. 31 Minfeng Hutong, Xicheng District, 6th Floor, Zhongshui Building, Beijing, CHN, 100032
CNFC Overseas Fisheries Co Ltd is a China-based company mainly engaged in distant water fishing operation and international economic and trading cooperation. It owns various ocean-going fishing vessels and carries out fishing operations in the Pacific Ocean, Indian Ocean, and the Atlantic Ocean. Its product offerings include squid from Argentina and Peru, saury, tuna, and by-catches as well as associated processed marine products. The company is also engaged in aquatic products trading, ship repair, import and export of fishing machinery, gears, other related equipment, and supplies.
Executives
Wang Zhong Yao Executives
Zhang Guang Hua Executives
Zong Wen Feng Director
Zhang San Jie Executives
Chen Ming Secretary Dong
Wang Xiao Xia Executives
Hu Shi Bao Directors, executives
Jing Chun De Executives
Tong Zhong Heng Executives
Deng Rong Cheng Executives

CNFC Overseas Fisheries Co Headlines

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