GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Jiugui Liquor Co Ltd (SZSE:000799) » Definitions » EBIT

Jiugui Liquor Co (SZSE:000799) EBIT : ¥167 Mil (TTM As of Sep. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Jiugui Liquor Co EBIT?

Jiugui Liquor Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-86 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥167 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiugui Liquor Co's annualized ROC % for the quarter that ended in Sep. 2024 was -9.90%. Jiugui Liquor Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -19.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiugui Liquor Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.93%.


Jiugui Liquor Co EBIT Historical Data

The historical data trend for Jiugui Liquor 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.

Jiugui Liquor Co EBIT Chart

Jiugui Liquor 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 395.95 578.14 1,195.10 1,399.87 727.64

Jiugui Liquor 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 75.76 89.85 97.88 65.33 -85.86

Competitive Comparison of Jiugui Liquor Co's EBIT

For the Beverages - Wineries & Distilleries subindustry, Jiugui Liquor 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.


Jiugui Liquor Co's EV-to-EBIT Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Jiugui Liquor Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiugui Liquor Co's EV-to-EBIT falls into.



Jiugui Liquor 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 ¥167 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.


Jiugui Liquor Co  (SZSE:000799) EBIT Explanation

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

Jiugui Liquor 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 )
=-355.824 * ( 1 - 24.86% )/( (2461.281 + 2941.966)/ 2 )
=-267.3661536/2701.6235
=-9.90 %

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))
=5633.073 - 1225.086 - ( 1946.706 - max(0, 1520.721 - 3984.391+1946.706))
=2461.281

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))
=5046.458 - 763.44 - ( 1341.052 - max(0, 999.3 - 3308.157+1341.052))
=2941.966

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

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

Jiugui Liquor 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 )
=-343.436/( ( (1253.301 + max(161.647, 0)) + (1331.315 + max(712.763, 0)) )/ 2 )
=-343.436/( ( 1414.948 + 2044.078 )/ 2 )
=-343.436/1729.513
=-19.86 %

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)
=(0.057 + 1642.289 + 38.132) - (1225.086 + 0 + 293.745)
=161.647

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.114 + 1670.485 + 41.05) - (763.44 + 0 + 235.446)
=712.763

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:

Jiugui Liquor Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=167.197/17977.800
=0.93 %

* 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.


Jiugui Liquor Co EBIT Related Terms

Thank you for viewing the detailed overview of Jiugui Liquor Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiugui Liquor Co Business Description

Traded in Other Exchanges
N/A
Address
Zhenwuying Village, Donghe Street, Hunan Province, Jishou, CHN, 416000
Located in western Hunan province, Jiugui Liquor is a typical "Fuyu" flavor baijiu that is characterized with its special culture in both brewing technique and product packaging. The company's product portfolio ranges from low to subpremium segments, with the key products Neican, Jiugui, and Xiangquan respectively contributing 25%, 58% and 16% of total sales revenue in 2023. China National Cereals, Oils and Foodstuffs Corporation, commonly known as Cofco, is the controlling shareholder, with a 15.5% equity stake as of December 2023.
Executives
Tang Zhen Yu Secretary Dong
Zheng Yi Directors, executives
Li Wen Sheng Executives
Hu Xiao Xi Executives
Wang Hao Director
Wang Zhe Executives
Zhao Chun Lei Executives
Wang Yan Ru Independent director
Han Dong Executives
Yang Jian Jun Executives
Yang Bo Director

Jiugui Liquor Co Headlines

No Headlines