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Dencare (Chongqing) Oral Care Co (SZSE:001328) EBIT : ¥168 Mil (TTM As of Mar. 2024)


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What is Dencare (Chongqing) Oral Care Co EBIT?

Dencare (Chongqing) Oral Care Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥168 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dencare (Chongqing) Oral Care Co's annualized ROC % for the quarter that ended in Mar. 2024 was 28.70%. Dencare (Chongqing) Oral Care Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 87.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dencare (Chongqing) Oral Care Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.30%.


Dencare (Chongqing) Oral Care Co EBIT Historical Data

The historical data trend for Dencare (Chongqing) Oral Care 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.

Dencare (Chongqing) Oral Care Co EBIT Chart

Dencare (Chongqing) Oral Care Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
70.49 108.45 136.72 147.62 162.24

Dencare (Chongqing) Oral Care Co Quarterly Data
Dec19 Dec20 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 37.98 37.92 50.92 35.42 43.67

Competitive Comparison of Dencare (Chongqing) Oral Care Co's EBIT

For the Household & Personal Products subindustry, Dencare (Chongqing) Oral Care 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.


Dencare (Chongqing) Oral Care Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dencare (Chongqing) Oral Care Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dencare (Chongqing) Oral Care Co's EV-to-EBIT falls into.



Dencare (Chongqing) Oral Care 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥168 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.


Dencare (Chongqing) Oral Care Co  (SZSE:001328) EBIT Explanation

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

Dencare (Chongqing) Oral Care Co'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 )
=149.616 * ( 1 - 13.95% )/( (426.294 + 470.799)/ 2 )
=128.744568/448.5465
=28.70 %

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))
=1868.847 - 254.219 - ( 1327.698 - max(0, 395.315 - 1583.649+1327.698))
=426.294

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))
=1950.21 - 255.776 - ( 1373.422 - max(0, 443.449 - 1667.084+1373.422))
=470.799

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

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

Dencare (Chongqing) Oral Care Co'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 )
=174.672/( ( (198.369 + max(-153.251, 0)) + (198.8 + max(-163.885, 0)) )/ 2 )
=174.672/( ( 198.369 + 198.8 )/ 2 )
=174.672/198.5845
=87.96 %

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)
=(33.352 + 189.184 + 19.528) - (254.219 + 0 + 141.096)
=-153.251

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(41.531 + 214.685 + 23.348) - (255.776 + 0 + 187.673)
=-163.885

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:

Dencare (Chongqing) Oral Care Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=167.922/3901.313
=4.30 %

* 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.


Dencare (Chongqing) Oral Care Co EBIT Related Terms

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Dencare (Chongqing) Oral Care Co (SZSE:001328) Business Description

Traded in Other Exchanges
N/A
Address
No. 389, Haier Road, Jiangbei District, Chongqing, CHN, 400025
Dencare (Chongqing) Oral Care Co Ltd is engaged in the research and development, production and sales of oral care products. The main products cover oral hygiene care products such as toothpaste, toothbrush, mouthwash, electric toothbrush, dental flosser and others.

Dencare (Chongqing) Oral Care Co (SZSE:001328) Headlines

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