Anhui Jiangnan Chemical Industry Co (SZSE:002226) EBIT : ¥1,458 Mil (TTM As of Mar. 2024)

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What is Anhui Jiangnan Chemical Industry Co EBIT?

Anhui Jiangnan Chemical Industry Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥278 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,458 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Anhui Jiangnan Chemical Industry Co's annualized ROC % for the quarter that ended in Mar. 2024 was 6.74%. Anhui Jiangnan Chemical Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Anhui Jiangnan Chemical Industry Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.99%.

Anhui Jiangnan Chemical Industry Co EBIT Historical Data

The historical data trend for Anhui Jiangnan Chemical Industry 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.

Anhui Jiangnan Chemical Industry Co EBIT Chart

Anhui Jiangnan Chemical Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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848.21

892.37

1,643.92

1,071.60

1,386.69

Anhui Jiangnan Chemical Industry 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															207.54	601.64	338.08	239.43	278.38

Competitive Comparison of Anhui Jiangnan Chemical Industry Co's EBIT

For the Specialty Chemicals subindustry, Anhui Jiangnan Chemical Industry 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.

Anhui Jiangnan Chemical Industry Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Anhui Jiangnan Chemical Industry Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Anhui Jiangnan Chemical Industry Co's EV-to-EBIT falls into.

Anhui Jiangnan Chemical Industry 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 ¥1,458 Mil.

Anhui Jiangnan Chemical Industry Co (SZSE:002226) EBIT Explanation

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

Anhui Jiangnan Chemical Industry 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 )
=	1097.452 * ( 1 - 20.83% )	/	( (12648.802	+	13133.616)	/ 2 )
=	868.8527484	/	12891.209
=	6.74 %

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	))
=	16749.302	-	1874.1	-	( 2226.4	-	max(0, 4184.009	-	7602.87	+	2226.4	))
=	12648.802

	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	))
=	16925.882	-	1866.481	-	( 1925.785	-	max(0, 4032.832	-	7713.274	+	1925.785	))
=	13133.616

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

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

Anhui Jiangnan Chemical Industry 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 )
=	1113.5	/	( ( (6868.97 + max(2272.27, 0))	+	(6931.031 + max(2799.592, 0)) )	/	2 )
=	1113.5	/	( ( 9141.24	+	9730.623 )	/	2 )
=	1113.5	/	9435.9315
=	11.80 %

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)
=	(3383.262	+	586.869	+	450.57)	-	(1874.1	+	0	+	274.331)
=	2272.27

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3810.522	+	617.855	+	465.713)	-	(1866.481	+	0	+	228.017)
=	2799.592

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:

Anhui Jiangnan Chemical Industry Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	1457.525	/	14595.203
	=	9.99 %

Anhui Jiangnan Chemical Industry Co EBIT Related Terms

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Anhui Jiangnan Chemical Industry Co (SZSE:002226) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Anhui Jiangnan Chemical Industry Co Ltd (SZSE:002226) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fen Jie Hill, Gangkou Town, Ningguo, Anhui, CHN, 242310

Website

http://www.ahjnhg.com

Anhui Jiangnan Chemical Industry Co Ltd is a diversified company with the dual-core drive for a civil explosion and new energy business. Its energy business focuses on the development, construction, and operation of wind farms and photovoltaic power plants. The company's product offering comprises packaging explosives, mixed explosives, engineering blasting and other explosive products.

Executives

Guo Shu Guang	Director
Zhao Lei	Secretary, Director
Meng Qun Ying	Supervisors
Li Ting Long	Executives
Wu Ben Zhi	Executives
Xiong Li Wu	Director
Fang Ji Qing	Executives
Xu Fang Ping	Executives
Ou Fei Neng	Director
Liu Meng Ai	Executives

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