Jiangxi Sunshine Dairy Co (SZSE:001318) EBIT : ¥118.2 Mil (TTM As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Jiangxi Sunshine Dairy Co EBIT?

Jiangxi Sunshine Dairy Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥25.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥118.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiangxi Sunshine Dairy Co's annualized ROC % for the quarter that ended in Sep. 2024 was 11.88%. Jiangxi Sunshine Dairy Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 14.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiangxi Sunshine Dairy Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.67%.

Jiangxi Sunshine Dairy Co EBIT Historical Data

The historical data trend for Jiangxi Sunshine Dairy 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.

Jiangxi Sunshine Dairy Co EBIT Chart

Jiangxi Sunshine Dairy Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

116.32

115.03

148.57

118.32

121.34

Jiangxi Sunshine Dairy Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial													21.08	35.92	17.94	39.36	24.99

Competitive Comparison of Jiangxi Sunshine Dairy Co's EBIT

For the Farm Products subindustry, Jiangxi Sunshine Dairy 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.

Jiangxi Sunshine Dairy Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiangxi Sunshine Dairy Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiangxi Sunshine Dairy Co's EV-to-EBIT falls into.

Save Embed

;

Save Embed

;

Jiangxi Sunshine Dairy 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 ¥118.2 Mil.

Jiangxi Sunshine Dairy Co (SZSE:001318) EBIT Explanation

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

Jiangxi Sunshine Dairy 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 )
=	111.188 * ( 1 - 4.76% )	/	( (881.66	+	900.749)	/ 2 )
=	105.8954512	/	891.2045
=	11.88 %

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	))
=	1418.001	-	38.94	-	( 497.401	-	max(0, 52.782	-	1033.493	+	497.401	))
=	881.66

	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	))
=	1452.807	-	43.066	-	( 508.992	-	max(0, 58.556	-	1066.212	+	508.992	))
=	900.749

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

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

Jiangxi Sunshine Dairy 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 )
=	99.972	/	( ( (231.01 + max(467.078, 0))	+	(227.307 + max(483.128, 0)) )	/	2 )
=	99.972	/	( ( 698.088	+	710.435 )	/	2 )
=	99.972	/	704.2615
=	14.20 %

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)
=	(34.048	+	27.039	+	457.939)	-	(38.94	+	0	+	13.008)
=	467.078

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(44.73	+	32.314	+	463.798)	-	(43.066	+	0	+	14.648)
=	483.128

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:

Jiangxi Sunshine Dairy Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	118.206	/	3224.172
	=	3.67 %

Jiangxi Sunshine Dairy Co EBIT Related Terms

Thank you for viewing the detailed overview of Jiangxi Sunshine Dairy Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Jiangxi Sunshine Dairy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jiangxi Sunshine Dairy Co Ltd (SZSE:001318) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Daishan East Road, Qingyunpu District, Jiangxi Province, Nanchang, CHN, 330043

Website

http://www.6103758.com

Jiangxi Sunshine Dairy Co Ltd is engaged in research and development, production, and sales of milk, milk-containing beverages, and others. The company's products are marketed through its two core trademarks and brands, Sunshine and Everyday Sunshine. Its main products include low-temperature dairy products, low-temperature milk beverages, room-temperature dairy products, room-temperature milk beverages, and other products, among which low-temperature products are the company's core products. The product packaging forms mainly include glass bottles, boxes, cups, bags, and other packaging forms, among which glass bottles are the main packaging form. In addition, its product offerings can be divided into pasteurized milk, modulated milk, fermented milk, sterilized milk, milk beverages, etc.

Executives

Chen Rong

Independent director

Jiangxi Sunshine Dairy Co Headlines

No Headlines