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Mesnac Co (SZSE:002073) EBIT : ¥652 Mil (TTM As of Sep. 2024)


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What is Mesnac Co EBIT?

Mesnac Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥217 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥652 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mesnac Co's annualized ROC % for the quarter that ended in Sep. 2024 was 7.06%. Mesnac Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 29.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mesnac Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.74%.


Mesnac Co EBIT Historical Data

The historical data trend for Mesnac 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.

Mesnac Co EBIT Chart

Mesnac 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 168.32 131.55 162.93 252.35 484.96

Mesnac 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 151.78 156.38 103.35 175.09 217.01

Competitive Comparison of Mesnac Co's EBIT

For the Specialty Industrial Machinery subindustry, Mesnac 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.


Mesnac Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mesnac Co's EV-to-EBIT distribution charts can be found below:

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


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Mesnac 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 ¥652 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.


Mesnac Co  (SZSE:002073) EBIT Explanation

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

Mesnac 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 )
=800.256 * ( 1 - 10.54% )/( (10371.09 + 9918.068)/ 2 )
=715.9090176/10144.579
=7.06 %

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))
=16911.248 - 3931.551 - ( 4178.024 - max(0, 10189.205 - 12797.812+4178.024))
=10371.09

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))
=17286.03 - 4245.797 - ( 3841.645 - max(0, 10022.853 - 13145.018+3841.645))
=9918.068

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

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

Mesnac 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 )
=868.032/( ( (2865.157 + max(-1593.595, 0)) + (2935.78 + max(-1364.831, 0)) )/ 2 )
=868.032/( ( 2865.157 + 2935.78 )/ 2 )
=868.032/2900.4685
=29.93 %

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)
=(1022.692 + 5991.783 + 548.463) - (3931.551 + 0 + 5224.982)
=-1593.595

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1016.702 + 6540.605 + 662.965) - (4245.797 + 0 + 5339.306)
=-1364.831

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=651.824/7454.719
=8.74 %

* 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.


Mesnac Co EBIT Related Terms

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Mesnac Co Business Description

Traded in Other Exchanges
N/A
Address
No. 43 Zhengzhou Road, Qingdao, CHN, 266042
Mesnac Co Ltd is a Chinese company mainly engaged in the development of industrial intelligence and provides integrated informationalized software and equipment for rubber companies. It also operates in the field of automation logistics, Internet of Things, chemical industrial equipment, and new rubber material. The company's product portfolio consists of mixing systems, curing and molding systems, PCR molds, TBR molds, OTR molds, tire building products, material conveying and dosing systems, and others. The company offers its products internationally.
Executives
Yuan Zhong Xue Director
Zhang Jun Feng Director
Yang Dian Cai Executives
Zheng Jiang Jia Executives
Long Jin Jun Executives
Lu Li Na Directors, Directors, and Executives
Liu Feng Executives
Mao Yan Feng Executives
Sun Lin Executives
Zhang Yan Secretary, Director
Wang Jin Jian Executives
Wang Jian She Director
Li Zhi Hua Director
Zhang Wen Jun Executives

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