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Xiamen Anne (SZSE:002235) EBIT : ¥-278.2 Mil (TTM As of Mar. 2024)


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What is Xiamen Anne EBIT?

Xiamen Anne's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥4.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-278.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xiamen Anne's annualized ROC % for the quarter that ended in Mar. 2024 was -1.52%. Xiamen Anne's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 18.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xiamen Anne's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -12.31%.


Xiamen Anne EBIT Historical Data

The historical data trend for Xiamen Anne'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.

Xiamen Anne EBIT Chart

Xiamen Anne 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 34.13 -616.61 31.82 -137.65 -276.04

Xiamen Anne 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 6.30 2.79 -17.64 -267.48 4.10

Competitive Comparison of Xiamen Anne's EBIT

For the Paper & Paper Products subindustry, Xiamen Anne'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.


Xiamen Anne's EV-to-EBIT Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Xiamen Anne's EV-to-EBIT distribution charts can be found below:

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



Xiamen Anne 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 ¥-278.2 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.


Xiamen Anne  (SZSE:002235) EBIT Explanation

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

Xiamen Anne'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 )
=-6.5 * ( 1 - 2.05% )/( (379.645 + 459.02)/ 2 )
=-6.36675/419.3325
=-1.52 %

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))
=1186.485 - 152.116 - ( 700.146 - max(0, 235.131 - 889.855+700.146))
=379.645

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))
=1162.45 - 126.596 - ( 600.296 - max(0, 206.988 - 783.822+600.296))
=459.02

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

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

Xiamen Anne'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 )
=16.4/( ( (88.616 + max(-25.206, 0)) + (87.06 + max(-9.017, 0)) )/ 2 )
=16.4/( ( 88.616 + 87.06 )/ 2 )
=16.4/87.838
=18.67 %

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)
=(90.202 + 37.372 + 20.748) - (152.116 + 0 + 21.412)
=-25.206

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(85.494 + 33.127 + 17.938) - (126.596 + 0 + 18.98)
=-9.017

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:

Xiamen Anne's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-278.236/2261.113
=-12.31 %

* 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.


Xiamen Anne EBIT Related Terms

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Xiamen Anne (SZSE:002235) Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Jinyuan South Road, Xinlin, Jimei District, Fujian, Xiamen, CHN, 361022
Xiamen Anne Corp Ltd is a China-based company focused on the research and development, production, distribution and integrated application and services. Its businesses include digital rights services, digital marketing services, business information paper products marketing services, and lottery marketing services. The company specializes in offering online digital rights application services. Its product, Digital Copyright Service Platform for Digital Rights, as long as 3 minutes, utilizes innovative intelligent AI and blockchain reinforcement technology to provide digital rights services based on the DCI digital copyright protection system.
Executives
Liu Xiao Hai Independent director
Zhang Jie Directors, executives
Yang Chao Directors, executives
Huang Yi Nian Supervisors
Xie Rong Supervisors, securities affairs representatives
Dai Si Hong Supervisors
Ye Quan Qing Directors, executives
Xu Zhi Qiang Executives
Lin Xu Xi Director
Huang Qing Hua Directors, executives
Wang Mei Ying Executives
Guo Yong Fang Independent director
Zhang Hui Directors, executives
Yang Qin Tao Executives
Zhou Zhen Guo Supervisors

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