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Emei Shan Tourism Co (SZSE:000888) EBIT : ¥160 Mil (TTM As of Sep. 2024)


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What is Emei Shan Tourism Co EBIT?

Emei Shan Tourism Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥128 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥160 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Emei Shan Tourism Co's annualized ROC % for the quarter that ended in Sep. 2024 was 23.98%. Emei Shan Tourism Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 35.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Emei Shan Tourism Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.41%.


Emei Shan Tourism Co EBIT Historical Data

The historical data trend for Emei Shan Tourism 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.

Emei Shan Tourism Co EBIT Chart

Emei Shan Tourism 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 279.65 -56.40 22.26 -173.59 158.23

Emei Shan Tourism 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 132.30 -123.65 85.56 69.48 128.33

Competitive Comparison of Emei Shan Tourism Co's EBIT

For the Travel Services subindustry, Emei Shan Tourism 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.


Emei Shan Tourism Co's EV-to-EBIT Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Emei Shan Tourism Co's EV-to-EBIT falls into.



Emei Shan Tourism 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 ¥160 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.


Emei Shan Tourism Co  (SZSE:000888) EBIT Explanation

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

Emei Shan Tourism 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 )
=518.704 * ( 1 - 17.02% )/( (1785.427 + 1803.657)/ 2 )
=430.4205792/1794.542
=23.98 %

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))
=3238.416 - 213.106 - ( 1381.37 - max(0, 273.834 - 1513.717+1381.37))
=1785.427

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))
=3383.069 - 228.682 - ( 1542.696 - max(0, 309.552 - 1660.282+1542.696))
=1803.657

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

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

Emei Shan Tourism 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 )
=513.324/( ( (1450.661 + max(-153.076, 0)) + (1453.166 + max(-200.422, 0)) )/ 2 )
=513.324/( ( 1450.661 + 1453.166 )/ 2 )
=513.324/1451.9135
=35.35 %

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)
=(60.193 + 49.522 + 7.8750000000002) - (213.106 + 0 + 57.56)
=-153.076

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(44.114 + 46.792 + 16.021) - (228.682 + 0 + 78.667)
=-200.422

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:

Emei Shan Tourism Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=159.725/6614.971
=2.41 %

* 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.


Emei Shan Tourism Co EBIT Related Terms

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Emei Shan Tourism Co Business Description

Traded in Other Exchanges
N/A
Address
No. 41 Mingshan South Road, Sichuan Province, Emeishan, CHN, 614200
Emei Shan Tourism Co Ltd operates as a tourism company. It is principally engaged in the operation of Emei Mountain tourism, cable transport, hotels, catering business as well as the provision of other tourism-related services in China.
Executives
Fan Li Li Executives
Zhou Dong Liang Director
Ma Yuan Zhu Director
Jiang Yue Supervisors

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