GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Fujian Sbs Zipper Science & Technology Co Ltd (SZSE:002098) » Definitions » EBIT

Fujian Sbs Zipper Science & Technology Co (SZSE:002098) EBIT : ¥168 Mil (TTM As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Fujian Sbs Zipper Science & Technology Co EBIT?

Fujian Sbs Zipper Science & Technology 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. Fujian Sbs Zipper Science & Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 was 12.68%. Fujian Sbs Zipper Science & Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 19.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fujian Sbs Zipper Science & Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.56%.


Fujian Sbs Zipper Science & Technology Co EBIT Historical Data

The historical data trend for Fujian Sbs Zipper Science & Technology 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.

Fujian Sbs Zipper Science & Technology Co EBIT Chart

Fujian Sbs Zipper Science & Technology 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 81.26 290.75 137.78 78.38 145.04

Fujian Sbs Zipper Science & Technology 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 20.98 51.82 47.91 24.33 44.09

Competitive Comparison of Fujian Sbs Zipper Science & Technology Co's EBIT

For the Apparel Manufacturing subindustry, Fujian Sbs Zipper Science & Technology 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.


Fujian Sbs Zipper Science & Technology Co's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fujian Sbs Zipper Science & Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fujian Sbs Zipper Science & Technology Co's EV-to-EBIT falls into.



Fujian Sbs Zipper Science & Technology 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.


Fujian Sbs Zipper Science & Technology Co  (SZSE:002098) EBIT Explanation

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

Fujian Sbs Zipper Science & Technology 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 )
=175.548 * ( 1 - 11.03% )/( (1220.241 + 1242.664)/ 2 )
=156.1850556/1231.4525
=12.68 %

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))
=1858.918 - 358.83 - ( 279.847 - max(0, 599.444 - 972.385+279.847))
=1220.241

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))
=1908.74 - 349.518 - ( 316.558 - max(0, 613.993 - 997.58+316.558))
=1242.664

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

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

Fujian Sbs Zipper Science & Technology 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 )
=176.344/( ( (634.357 + max(258.019, 0)) + (635.753 + max(258.433, 0)) )/ 2 )
=176.344/( ( 892.376 + 894.186 )/ 2 )
=176.344/893.281
=19.74 %

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)
=(417.26 + 231.032 + 15.856) - (358.83 + 0 + 47.299)
=258.019

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(380.186 + 255.032 + 17.742) - (349.518 + 0 + 45.009)
=258.433

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:

Fujian Sbs Zipper Science & Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=168.143/2224.979
=7.56 %

* 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.


Fujian Sbs Zipper Science & Technology Co EBIT Related Terms

Thank you for viewing the detailed overview of Fujian Sbs Zipper Science & Technology Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Fujian Sbs Zipper Science & Technology Co (SZSE:002098) Business Description

Traded in Other Exchanges
N/A
Address
Wu Lou Gou Dong Industrial Zone, Shenhu, Jinjiang, Fujian, CHN, 362246
Fujian Sbs Zipper Science & Technology Co Ltd is engaged in the research, design, manufacturing, supply chain integration and marketing of reliable and fashionable zippers. It supplies a variety of zipper/button products and accessories, which are mainly composed of the nylon zippers, plastic zippers, metal zippers, sliders and pullers, long chains, snap buttons, prong snap buttons, jeans buttons, rivets, eyelets, along with the precision molds and metal and plastic pressing castings.

Fujian Sbs Zipper Science & Technology Co (SZSE:002098) Headlines

No Headlines