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Chuzhou Duoli Automotive Technology Co (SZSE:001311) EBIT : ¥547 Mil (TTM As of Sep. 2024)


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What is Chuzhou Duoli Automotive Technology Co EBIT?

Chuzhou Duoli Automotive Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥141 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥547 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chuzhou Duoli Automotive Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was 14.12%. Chuzhou Duoli Automotive Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 18.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chuzhou Duoli Automotive Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.98%.


Chuzhou Duoli Automotive Technology Co EBIT Historical Data

The historical data trend for Chuzhou Duoli Automotive Technology 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.

Chuzhou Duoli Automotive Technology Co EBIT Chart

Chuzhou Duoli Automotive Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 333.42 242.94 483.15 567.18 615.70

Chuzhou Duoli Automotive Technology Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 168.82 140.48 138.96 126.85 140.84

Competitive Comparison of Chuzhou Duoli Automotive Technology Co's EBIT

For the Auto Parts subindustry, Chuzhou Duoli Automotive Technology 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.


Chuzhou Duoli Automotive Technology Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chuzhou Duoli Automotive Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Chuzhou Duoli Automotive Technology Co's EV-to-EBIT falls into.


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Chuzhou Duoli Automotive Technology 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 ¥547 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.


Chuzhou Duoli Automotive Technology Co  (SZSE:001311) EBIT Explanation

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

Chuzhou Duoli Automotive Technology 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 )
=609.32 * ( 1 - 12.83% )/( (3641.332 + 3883.846)/ 2 )
=531.144244/3762.589
=14.12 %

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))
=5299.702 - 835.861 - ( 822.509 - max(0, 875.847 - 2759.893+822.509))
=3641.332

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))
=5524.605 - 940.26 - ( 700.499 - max(0, 979.264 - 2799.189+700.499))
=3883.846

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

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

Chuzhou Duoli Automotive Technology 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 )
=563.352/( ( (1930.269 + max(899.929, 0)) + (2114.444 + max(1095.395, 0)) )/ 2 )
=563.352/( ( 2830.198 + 3209.839 )/ 2 )
=563.352/3020.0185
=18.65 %

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)
=(1027.535 + 655.886 + 84.612) - (835.861 + 0 + 32.243)
=899.929

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1155.216 + 782.642 + 128.363) - (940.26 + 0 + 30.566)
=1095.395

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:

Chuzhou Duoli Automotive Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=547.128/4984.236
=10.98 %

* 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.


Chuzhou Duoli Automotive Technology Co EBIT Related Terms

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Chuzhou Duoli Automotive Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 109, Ma'an East Road, Anhui Province, Chuzhou, CHN, 215312
Chuzhou Duoli Automotive Technology Co Ltd is engaged in the development, production and sales of automotive stamping parts and related molds.
Executives
Zhao Guo Wen Supervisors
Deng Li Qin Director

Chuzhou Duoli Automotive Technology Co Headlines

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