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Shenzhen Fuanna Bedding and Furnishing Co (SZSE:002327) EBIT : ¥639 Mil (TTM As of Sep. 2024)


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What is Shenzhen Fuanna Bedding and Furnishing Co EBIT?

Shenzhen Fuanna Bedding and Furnishing Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥107 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥639 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen Fuanna Bedding and Furnishing Co's annualized ROC % for the quarter that ended in Sep. 2024 was 8.79%. Shenzhen Fuanna Bedding and Furnishing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 17.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen Fuanna Bedding and Furnishing Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.60%.


Shenzhen Fuanna Bedding and Furnishing Co EBIT Historical Data

The historical data trend for Shenzhen Fuanna Bedding and Furnishing 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.

Shenzhen Fuanna Bedding and Furnishing Co EBIT Chart

Shenzhen Fuanna Bedding and Furnishing 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 611.28 614.41 689.37 652.48 701.67

Shenzhen Fuanna Bedding and Furnishing 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 159.45 260.70 156.21 115.16 106.85

Competitive Comparison of Shenzhen Fuanna Bedding and Furnishing Co's EBIT

For the Textile Manufacturing subindustry, Shenzhen Fuanna Bedding and Furnishing 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.


Shenzhen Fuanna Bedding and Furnishing Co's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shenzhen Fuanna Bedding and Furnishing Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shenzhen Fuanna Bedding and Furnishing Co's EV-to-EBIT falls into.



Shenzhen Fuanna Bedding and Furnishing 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 ¥639 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.


Shenzhen Fuanna Bedding and Furnishing Co  (SZSE:002327) EBIT Explanation

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

Shenzhen Fuanna Bedding and Furnishing 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 )
=367.976 * ( 1 - 24.76% )/( (3092.669 + 3206.388)/ 2 )
=276.8651424/3149.5285
=8.79 %

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))
=4512.646 - 572.014 - ( 847.963 - max(0, 813.818 - 2510.358+847.963))
=3092.669

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))
=4484.472 - 450.752 - ( 827.332 - max(0, 681.106 - 2378.902+827.332))
=3206.388

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

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

Shenzhen Fuanna Bedding and Furnishing 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 )
=427.4/( ( (1429.059 + max(971.033, 0)) + (1453.723 + max(1004.699, 0)) )/ 2 )
=427.4/( ( 2400.092 + 2458.422 )/ 2 )
=427.4/2429.257
=17.59 %

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)
=(248.117 + 817.658 + 541.375) - (572.014 + 0 + 64.103)
=971.033

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(265.033 + 886.963 + 347.945) - (450.752 + 0 + 44.49)
=1004.699

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:

Shenzhen Fuanna Bedding and Furnishing Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=638.915/7428.750
=8.60 %

* 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.


Shenzhen Fuanna Bedding and Furnishing Co EBIT Related Terms

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Shenzhen Fuanna Bedding and Furnishing Co Business Description

Traded in Other Exchanges
N/A
Address
Entrepreneur Nanyou Avenue West Road, Building 1, Bicycle Processing Factory, Nanshan District, Guangdong, Shenzhen, CHN, 518054
Shenzhen Fuanna Bedding and Furnishing Co Ltd is a Chinese company involved in the home textile industry. It operates under four main brands: Fuanna, Bravo, Versai and St Foire.
Executives
Wang Kui Executives
Lin Guo Fang Directors, executives
He Xue Qing Directors, executives
Chen Guo Hong Directors, executives
Ming Chun Supervisors
Zhang Mei Supervisors
Tai Jian Shu Executives
Xiao Lin Chun Executives
Hu Zhen Chao Directors, executives
Wei Yin Rui Executives
Mei Lian Qing Directors, executives

Shenzhen Fuanna Bedding and Furnishing Co Headlines

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