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Tianjin Yiyi Hygiene Products Co (SZSE:001206) EBIT : ¥218 Mil (TTM As of Sep. 2024)


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What is Tianjin Yiyi Hygiene Products Co EBIT?

Tianjin Yiyi Hygiene Products Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥218 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tianjin Yiyi Hygiene Products Co's annualized ROC % for the quarter that ended in Sep. 2024 was 20.14%. Tianjin Yiyi Hygiene Products Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 21.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tianjin Yiyi Hygiene Products Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.46%.


Tianjin Yiyi Hygiene Products Co EBIT Historical Data

The historical data trend for Tianjin Yiyi Hygiene Products 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.

Tianjin Yiyi Hygiene Products Co EBIT Chart

Tianjin Yiyi Hygiene Products 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 144.90 256.98 149.80 192.65 132.65

Tianjin Yiyi Hygiene Products 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 33.62 40.52 56.48 68.98 52.09

Competitive Comparison of Tianjin Yiyi Hygiene Products Co's EBIT

For the Household & Personal Products subindustry, Tianjin Yiyi Hygiene Products 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.


Tianjin Yiyi Hygiene Products Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tianjin Yiyi Hygiene Products Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tianjin Yiyi Hygiene Products Co's EV-to-EBIT falls into.


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Tianjin Yiyi Hygiene Products 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 ¥218 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.


Tianjin Yiyi Hygiene Products Co  (SZSE:001206) EBIT Explanation

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

Tianjin Yiyi Hygiene Products 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 )
=307.388 * ( 1 - 25.15% )/( (1153.271 + 1131.73)/ 2 )
=230.079918/1142.5005
=20.14 %

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))
=1992.992 - 177.227 - ( 662.494 - max(0, 183.368 - 1224.93+662.494))
=1153.271

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))
=2055.349 - 221.838 - ( 701.781 - max(0, 229.389 - 1302.138+701.781))
=1131.73

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

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

Tianjin Yiyi Hygiene Products 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 )
=208.368/( ( (605.875 + max(378.286, 0)) + (593.873 + max(370.897, 0)) )/ 2 )
=208.368/( ( 984.161 + 964.77 )/ 2 )
=208.368/974.4655
=21.38 %

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)
=(341.947 + 171.573 + 45.275) - (177.227 + 0 + 3.282)
=378.286

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(398.603 + 149.223 + 49.655) - (221.838 + 0 + 4.746)
=370.897

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:

Tianjin Yiyi Hygiene Products Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=218.073/2923.488
=7.46 %

* 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.


Tianjin Yiyi Hygiene Products Co EBIT Related Terms

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Tianjin Yiyi Hygiene Products Co Business Description

Traded in Other Exchanges
N/A
Address
Zhangjiawo Town Industrial Zone, Xiqing District, Tianjin, CHN, 300380
Tianjin Yiyi Hygiene Products Co Ltd is engaged in the research and development, production and sales of disposable sanitary care products and non-woven fabrics.
Executives
Zhang Guo Rong Supervisors
Gao Fu Zhong Directors, executives
Wang Chun Jie Supervisors

Tianjin Yiyi Hygiene Products Co Headlines

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