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Zhejiang Yongtai Technology Co (SZSE:002326) EBIT : ¥-618 Mil (TTM As of Sep. 2024)


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What is Zhejiang Yongtai Technology Co EBIT?

Zhejiang Yongtai Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-117 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-618 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhejiang Yongtai Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was -2.64%. Zhejiang Yongtai Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -8.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhejiang Yongtai Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -4.60%.


Zhejiang Yongtai Technology Co EBIT Historical Data

The historical data trend for Zhejiang Yongtai 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.

Zhejiang Yongtai Technology Co EBIT Chart

Zhejiang Yongtai 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 468.41 198.70 567.87 930.48 -664.06

Zhejiang Yongtai Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -139.64 -644.45 71.63 71.35 -116.90

Competitive Comparison of Zhejiang Yongtai Technology Co's EBIT

For the Chemicals subindustry, Zhejiang Yongtai 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.


Zhejiang Yongtai Technology Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Yongtai Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Yongtai Technology Co's EV-to-EBIT falls into.


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Zhejiang Yongtai 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-618 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.


Zhejiang Yongtai Technology Co  (SZSE:002326) EBIT Explanation

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

Zhejiang Yongtai Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-370.412 * ( 1 - 13.19% )/( (12165.975 + 12217.775)/ 2 )
=-321.5546572/12191.875
=-2.64 %

where

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))
=11402.212 - 1595.257 - ( 913.676 - max(0, 6204.693 - 3845.673+913.676))
=12165.975

Invested Capital(Q: Sep. 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))
=11496.03 - 1697.493 - ( 804.737 - max(0, 6389.905 - 3970.667+804.737))
=12217.775

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

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

Zhejiang Yongtai Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-467.596/( ( (5598.655 + max(-390.246, 0)) + (5558.488 + max(-777.605, 0)) )/ 2 )
=-467.596/( ( 5598.655 + 5558.488 )/ 2 )
=-467.596/5578.5715
=-8.38 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1046.781 + 1111.578 + 510.513) - (1595.257 + 0 + 1463.861)
=-390.246

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1127.69 + 1219.861 + 327.521) - (1697.493 + 0 + 1755.184)
=-777.605

When net working capital is negative, 0 is used.

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

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

Zhejiang Yongtai Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-618.367/13432.339
=-4.60 %

* 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.


Zhejiang Yongtai Technology Co EBIT Related Terms

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Zhejiang Yongtai Technology Co Business Description

Traded in Other Exchanges
Address
No. 1 Donghai Fifth Avenue, Linhai Park, Zhejiang Chemical API Base, Zhejiang Province, Zhejiang, CHN, 317016
Zhejiang Yongtai Technology Co Ltd is a fluorinated pharmaceutical, crop science, and new energy materials manufacturer with fluorine-containing technology as the core, technological innovation as the impetus, and intelligent manufacturing as the driving force, which is able to provide customized R&D services, manufacturing and technical services for domestic and overseas customers with its vertically integrated industrial chain, a flexible and comprehensive production platform, and specialized R&D innovation teams.
Executives
Wang Ying Mei Director
Chen Li Jie Directors, executives
Wang Chun Hua Executives
Shao Hong Ming Director
Zhang Zheng Qiu Supervisors
Jin Yi Zhong Directors, executives
He Ren Bao Directors, executives
Chen Yi Jin Executives
Wu Wei Bing Supervisors
Lin Bao Ming Supervisors
Chen Li Ping Securities Affairs Representative
Xiang Yu Yan Executives
Luo Jian Rong Directors, executives
Huang Wei Bin Supervisors
Guan Hui Directors, executives

Zhejiang Yongtai Technology Co Headlines

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