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Jiangsu Guotai International Group Guomao Co (SZSE:002091) EBIT : ¥3,603 Mil (TTM As of Mar. 2024)


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What is Jiangsu Guotai International Group Guomao Co EBIT?

Jiangsu Guotai International Group Guomao Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥580 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥3,603 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiangsu Guotai International Group Guomao Co's annualized ROC % for the quarter that ended in Mar. 2024 was 11.03%. Jiangsu Guotai International Group Guomao Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 44.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiangsu Guotai International Group Guomao Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -274.01%.


Jiangsu Guotai International Group Guomao Co EBIT Historical Data

The historical data trend for Jiangsu Guotai International Group Guomao 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.

Jiangsu Guotai International Group Guomao Co EBIT Chart

Jiangsu Guotai International Group Guomao 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 2,023.35 2,072.73 2,485.14 3,718.42 3,752.62

Jiangsu Guotai International Group Guomao 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 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 729.81 834.88 1,251.56 936.37 580.31

Competitive Comparison of Jiangsu Guotai International Group Guomao Co's EBIT

For the Conglomerates subindustry, Jiangsu Guotai International Group Guomao 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.


Jiangsu Guotai International Group Guomao Co's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jiangsu Guotai International Group Guomao Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiangsu Guotai International Group Guomao Co's EV-to-EBIT falls into.



Jiangsu Guotai International Group Guomao 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 ¥3,603 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.


Jiangsu Guotai International Group Guomao Co  (SZSE:002091) EBIT Explanation

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

Jiangsu Guotai International Group Guomao 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 )
=1893.664 * ( 1 - 27.11% )/( (12132.294 + 12894.013)/ 2 )
=1380.2916896/12513.1535
=11.03 %

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))
=43139.474 - 12348.385 - ( 23953.934 - max(0, 16210.967 - 34869.762+23953.934))
=12132.294

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))
=41845.396 - 10086.423 - ( 22567.737 - max(0, 14496.696 - 33361.656+22567.737))
=12894.013

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

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

Jiangsu Guotai International Group Guomao 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 )
=2321.256/( ( (5131.536 + max(-3322.886, 0)) + (5282.402 + max(-1013.886, 0)) )/ 2 )
=2321.256/( ( 5131.536 + 5282.402 )/ 2 )
=2321.256/5206.969
=44.58 %

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)
=(5405.475 + 3350.706 + 1074.867) - (12348.385 + 0 + 805.549)
=-3322.886

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5636.291 + 3392.371 + 852.22) - (10086.423 + 0 + 808.345)
=-1013.886

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:

Jiangsu Guotai International Group Guomao Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=3603.121/-1314.971
=-274.01 %

* 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.


Jiangsu Guotai International Group Guomao Co EBIT Related Terms

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Jiangsu Guotai International Group Guomao Co (SZSE:002091) Business Description

Traded in Other Exchanges
N/A
Address
RenMing Road, Jiang Su, 15-24 Floor, Guotai Times Plaza, ZhangJiaGang, CHN, 215600
Jiangsu Guotai International Group Guomao Co Ltd is engaged in the supply chain services, new energy and financial investment, covers import and export trade of consumption goods, E-commerce platform, new materials, new energy, finance and equity investment.
Executives
Zhang Zi Yan Director
Guo Sheng Hu Directors, executives
Yang Ge Executives
Ma Xiao Tian Executives
Wang Xiao Bin Director
Jiang Jian Supervisors
Chen Xiao Dong Director
Guo Jun Executives
Gu Jian Ping Independent director
Tan Qiu Bin Director
Yao Zheng Ya Executives
Huang Ning Executives
Wang Yong Cheng Director
Zhao Ming Supervisors
Wen Zhen Ying Director

Jiangsu Guotai International Group Guomao Co (SZSE:002091) Headlines

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