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Guilin Tourism (SZSE:000978) EBIT : ¥46.7 Mil (TTM As of Mar. 2024)


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What is Guilin Tourism EBIT?

Guilin Tourism's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-5.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥46.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guilin Tourism's annualized ROC % for the quarter that ended in Mar. 2024 was -1.29%. Guilin Tourism's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guilin Tourism's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.27%.


Guilin Tourism EBIT Historical Data

The historical data trend for Guilin Tourism'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.

Guilin Tourism EBIT Chart

Guilin Tourism 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 93.95 -242.73 -177.44 -258.33 48.40

Guilin Tourism 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 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 -3.44 23.53 45.23 -16.92 -5.13

Competitive Comparison of Guilin Tourism's EBIT

For the Lodging subindustry, Guilin Tourism'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.


Guilin Tourism's EV-to-EBIT Distribution in the Travel & Leisure Industry

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

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



Guilin Tourism 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 ¥46.7 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.


Guilin Tourism  (SZSE:000978) EBIT Explanation

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

Guilin Tourism'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 )
=-27.06 * ( 1 - -9.96% )/( (2309.734 + 2299.925)/ 2 )
=-29.755176/2304.8295
=-1.29 %

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))
=2342.374 - 166.248 - ( 61.245 - max(0, 339.118 - 205.51+61.245))
=2309.734

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))
=2331.057 - 139.48 - ( 49.806 - max(0, 312.584 - 204.236+49.806))
=2299.925

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

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

Guilin Tourism'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 )
=-20.528/( ( (991.019 + max(-86.707, 0)) + (987.26 + max(-50.944, 0)) )/ 2 )
=-20.528/( ( 991.019 + 987.26 )/ 2 )
=-20.528/989.1395
=-2.08 %

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)
=(65.046 + 5.582 + 14.548) - (166.248 + 0 + 5.635)
=-86.707

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(74.238 + 5.221 + 15.638) - (139.48 + 0 + 6.561)
=-50.944

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=46.708/3679.249
=1.27 %

* 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.


Guilin Tourism EBIT Related Terms

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Guilin Tourism (SZSE:000978) Business Description

Traded in Other Exchanges
N/A
Address
No. 27-2, Cuizhu Road, Guangxi, Guilin, CHN, 541002
Guilin Tourism Corp Ltd is a China-based tourism company. It offers various travel related services including scenic spot, passenger and passenger transport, taxis, hotels, terminals, online tourism, cruise ship, and cultural performances. The company covers various tourist attractions in Guilin China including Danxia Hot Spring, resources Tianmen Mountain, lakes scenic spot, Hezhou Hot Spring and other scenic spots.
Executives
Ma De Hui Director
Chen Luo Man Executives
Zhou Mao Quan Directors, executives
Liu Hong Supervisors
Liu Xue Ming Director
Li Fei Ying Directors, executives
Sun Qi Zhao Director
Xiao Di Bo Directors, executives
Yin Lin Director
Liu Tao Director
Xie Xiang Yu Directors, executives
Guo Heng Gui Executives
Huang Xi Jun Secretary Dong

Guilin Tourism (SZSE:000978) Headlines

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