GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » FSPG Hi-Tech Co Ltd (SZSE:000973) » Definitions » EBIT

FSPG Hi-Tech Co (SZSE:000973) EBIT : ¥188 Mil (TTM As of Dec. 2024)


View and export this data going back to 2000. Start your Free Trial

What is FSPG Hi-Tech Co EBIT?

FSPG Hi-Tech Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ¥59 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ¥188 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. FSPG Hi-Tech Co's annualized ROC % for the quarter that ended in Dec. 2024 was 3.64%. FSPG Hi-Tech Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 11.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. FSPG Hi-Tech Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 2.69%.


FSPG Hi-Tech Co EBIT Historical Data

The historical data trend for FSPG Hi-Tech 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.

FSPG Hi-Tech Co EBIT Chart

FSPG Hi-Tech Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.96 200.64 225.80 276.12 187.58

FSPG Hi-Tech Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 28.01 33.82 47.91 46.37 59.49

Competitive Comparison of FSPG Hi-Tech Co's EBIT

For the Chemicals subindustry, FSPG Hi-Tech 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.


FSPG Hi-Tech Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, FSPG Hi-Tech Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where FSPG Hi-Tech Co's EV-to-EBIT falls into.


;
;

FSPG Hi-Tech 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥188 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.


FSPG Hi-Tech Co  (SZSE:000973) EBIT Explanation

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

FSPG Hi-Tech Co's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=129.508 * ( 1 - 3.61% )/( (3347.215 + 3510.439)/ 2 )
=124.8327612/3428.827
=3.64 %

where

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))
=4606.011 - 367.898 - ( 890.898 - max(0, 754.409 - 1913.813+890.898))
=3347.215

Invested Capital(Q: Dec. 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))
=4796.384 - 392.977 - ( 892.968 - max(0, 857.12 - 1950.546+892.968))
=3510.439

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

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

FSPG Hi-Tech Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=237.976/( ( (1509.84 + max(444.435, 0)) + (1595.205 + max(459.947, 0)) )/ 2 )
=237.976/( ( 1954.275 + 2055.152 )/ 2 )
=237.976/2004.7135
=11.87 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(323.724 + 398.623 + 116.609) - (367.898 + 0 + 26.623)
=444.435

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(284.037 + 415.566 + 190.761) - (392.977 + 0 + 37.44)
=459.947

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

FSPG Hi-Tech Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=187.581/6975.317
=2.69 %

* 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.


FSPG Hi-Tech Co EBIT Related Terms

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


FSPG Hi-Tech Co Business Description

Traded in Other Exchanges
N/A
Address
72 Fenjiang Zhong Road, Chancheng District, Foshan, CHN, 528000
FSPG Hi-Tech Co Ltd is a China-based company primarily engaged in the research and development, production and sale of new energy, new materials, energy saving technologies and environmental protection products. The company offers Packaging materials, such as BOPA, BOPP drinking straw and cigarette packaging materials, and laminated AL films; Electric and optical materials, such as BOPP capacitor and polarizer films; Construction materials comprising woven fabrics and PE-Xc pipes; Personal Healthcare & Clothing Material such as PE Casting Embossed Film and EasyTexTM and Advertisement & Labeling Material includes PVC Film For Graphics Use. Geographically the operations are carried out through China.
Executives
Huang Bing Di Directors, executives
Wang Lei Executives
Wang Yu Hong Supervisors
Xu Yong Director
Li Man Li Executives
Feng Zhao Zheng Director
Tao Luo Cheng Executives
Zhou Zhi Hui Executives
Liu Ya Jun Executives
Wu Yao Gen Director
Luo Han Jun Directors, executives
Lv Sen Executives

FSPG Hi-Tech Co Headlines

No Headlines