Meinian Onehealth Healthcare Holdings Co (SZSE:002044) EBIT : ¥846 Mil (TTM As of Mar. 2024)

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What is Meinian Onehealth Healthcare Holdings Co EBIT?

Meinian Onehealth Healthcare Holdings Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-257 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥846 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Meinian Onehealth Healthcare Holdings Co's annualized ROC % for the quarter that ended in Mar. 2024 was -4.59%. Meinian Onehealth Healthcare Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -20.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Meinian Onehealth Healthcare Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.15%.

Meinian Onehealth Healthcare Holdings Co EBIT Historical Data

The historical data trend for Meinian Onehealth Healthcare Holdings 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.

Meinian Onehealth Healthcare Holdings Co EBIT Chart

Meinian Onehealth Healthcare Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-74.78

1,149.47

509.84

-309.52

1,004.54

Meinian Onehealth Healthcare Holdings Co 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															-98.39	226.88	442.71	433.35	-256.82

Competitive Comparison of Meinian Onehealth Healthcare Holdings Co's EBIT

For the Medical Care Facilities subindustry, Meinian Onehealth Healthcare Holdings 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.

Meinian Onehealth Healthcare Holdings Co's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Meinian Onehealth Healthcare Holdings Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Meinian Onehealth Healthcare Holdings Co's EV-to-EBIT falls into.

Meinian Onehealth Healthcare Holdings 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 ¥846 Mil.

Meinian Onehealth Healthcare Holdings Co (SZSE:002044) EBIT Explanation

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

Meinian Onehealth Healthcare Holdings 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 )
=	-901.236 * ( 1 - 7.57% )	/	( (18123.778	+	18161.897)	/ 2 )
=	-833.0124348	/	18142.8375
=	-4.59 %

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	))
=	19456.66	-	3055.779	-	( 2776.445	-	max(0, 8196.945	-	6474.048	+	2776.445	))
=	18123.778

	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	))
=	18519.497	-	2321.893	-	( 2021.662	-	max(0, 7471.094	-	5506.801	+	2021.662	))
=	18161.897

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

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

Meinian Onehealth Healthcare Holdings 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 )
=	-1027.288	/	( ( (4994.885 + max(-1740.054, 0))	+	(4977.857 + max(-1107.69, 0)) )	/	2 )
=	-1027.288	/	( ( 4994.885	+	4977.857 )	/	2 )
=	-1027.288	/	4986.371
=	-20.60 %

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)
=	(2795.911	+	227.095	+	290.929)	-	(3055.779	+	0	+	1998.21)
=	-1740.054

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2533.485	+	214.986	+	290.914)	-	(2321.893	+	0	+	1825.182)
=	-1107.69

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:

Meinian Onehealth Healthcare Holdings Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	846.112	/	20379.974
	=	4.15 %

Meinian Onehealth Healthcare Holdings Co EBIT Related Terms

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Meinian Onehealth Healthcare Holdings Co (SZSE:002044) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Meinian Onehealth Healthcare Holdings Co Ltd (SZSE:002044) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 218 Renmin East Road, Jiangsu Province, Nantong, CHN, 200072

Website

http://www.health-100.cn

Meinian Onehealth Healthcare Holdings Co Ltd is engaged in the provision of physical examination and medical services. The firm provides health consultation, and health assessment services among others.

Executives

Ning Yi	Executives
Lin Lin	Executives
Xu Ke	Director
Yu Rong	Director
Guo Mei Ling	Director
Hu Rui Lian	Director
Yu Ji Ye	Supervisors
Wen Hai Yan	Executives
Li Jun De	Director
Cui Lan	Supervisors
Zhang Bin Yun	Director
Shen Yong Yan	Executives
Zhang Song	Executives
Ge Qiu	Executives
Xu Xiang Dong	Directors, executives

Meinian Onehealth Healthcare Holdings Co (SZSE:002044) Headlines

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