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Sunvim Group Co (SZSE:002083) EBIT : ¥555 Mil (TTM As of Jun. 2024)


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What is Sunvim Group Co EBIT?

Sunvim Group Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ¥189 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ¥555 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sunvim Group Co's annualized ROC % for the quarter that ended in Jun. 2024 was 7.47%. Sunvim Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 16.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sunvim Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 10.74%.


Sunvim Group Co EBIT Historical Data

The historical data trend for Sunvim Group 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.

Sunvim Group Co EBIT Chart

Sunvim Group 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 668.45 492.38 330.61 371.45 428.75

Sunvim Group Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 145.62 153.71 75.46 137.37 188.77

Competitive Comparison of Sunvim Group Co's EBIT

For the Textile Manufacturing subindustry, Sunvim Group 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.


Sunvim Group Co's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sunvim Group Co's EV-to-EBIT distribution charts can be found below:

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



Sunvim Group 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥555 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.


Sunvim Group Co  (SZSE:002083) EBIT Explanation

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

Sunvim Group Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=671.88 * ( 1 - 23.12% )/( (7126.941 + 6702.709)/ 2 )
=516.541344/6914.825
=7.47 %

where

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))
=8287.085 - 855.18 - ( 1552.972 - max(0, 3351.017 - 3655.981+1552.972))
=7126.941

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))
=7880.581 - 828.665 - ( 949.142 - max(0, 2896.135 - 3245.342+949.142))
=6702.709

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

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

Sunvim Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=755.068/( ( (3445.852 + max(1108.671, 0)) + (3483.716 + max(1329.248, 0)) )/ 2 )
=755.068/( ( 4554.523 + 4812.964 )/ 2 )
=755.068/4683.7435
=16.12 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(746.484 + 1096.67 + 211.071) - (855.18 + 0 + 90.374)
=1108.671

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(896.556 + 1132.207 + 211.127) - (828.665 + 0 + 81.977)
=1329.248

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=555.307/5168.638
=10.74 %

* 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.


Sunvim Group Co EBIT Related Terms

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Sunvim Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Furi Street, Weifang, Shandong, CHN, 261500
Sunvim Group Co Ltd is engaged in the manufacturing and distribution of home textile products like the bath towel, towelling blanket, decorative cloth, tablecloth, napkin, bedding fabrics, and yarns.
Executives
Sun Hao Bo Directors, executives
Zhou Wen Guo Supervisors
Wang Ju Zhang Supervisors
Wu Ming Feng Directors, executives
Yu Cong Hai Director
Sun Ri Gui Directors, executives
Yan Yong Xuan Director
Qin Bo Supervisors
Fu Pei Lin Director
Qi Zong Zhong Supervisors
Zhang Shu Ming Supervisors
Zhang Guo Hua Director
Li Zhong Wei Director
Sun Yong Directors, executives
Yan Tang Director

Sunvim Group Co Headlines

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