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Guangdong CHJ Industry Co (SZSE:002345) EBIT : ¥452 Mil (TTM As of Mar. 2024)


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What is Guangdong CHJ Industry Co EBIT?

Guangdong CHJ Industry Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥171 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥452 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guangdong CHJ Industry Co's annualized ROC % for the quarter that ended in Mar. 2024 was 11.95%. Guangdong CHJ Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 25.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guangdong CHJ Industry Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.22%.


Guangdong CHJ Industry Co EBIT Historical Data

The historical data trend for Guangdong CHJ 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.

Guangdong CHJ Industry Co EBIT Chart

Guangdong CHJ Industry 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 190.99 230.18 472.61 290.12 444.86

Guangdong CHJ 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 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 164.57 107.96 138.43 33.90 171.31

Competitive Comparison of Guangdong CHJ Industry Co's EBIT

For the Luxury Goods subindustry, Guangdong CHJ 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.


Guangdong CHJ Industry Co's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Guangdong CHJ Industry Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Guangdong CHJ Industry Co's EV-to-EBIT falls into.



Guangdong CHJ 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 ¥452 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.


Guangdong CHJ Industry Co  (SZSE:002345) EBIT Explanation

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

Guangdong CHJ 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 )
=680.9 * ( 1 - 17.77% )/( (4546.704 + 4824.781)/ 2 )
=559.90407/4685.7425
=11.95 %

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))
=5737.487 - 477.18 - ( 713.603 - max(0, 1693.959 - 4061.247+713.603))
=4546.704

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))
=6133.208 - 484.09 - ( 824.337 - max(0, 1957.298 - 4466.518+824.337))
=4824.781

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

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

Guangdong CHJ 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 )
=685.236/( ( (591.809 + max(2049.405, 0)) + (575.913 + max(2103.812, 0)) )/ 2 )
=685.236/( ( 2641.214 + 2679.725 )/ 2 )
=685.236/2660.4695
=25.76 %

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)
=(286.283 + 2688.26 + 335.697) - (477.18 + 0 + 783.655)
=2049.405

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(385.172 + 2895.228 + 328.726) - (484.09 + 0 + 1021.224)
=2103.812

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:

Guangdong CHJ Industry Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=451.595/4417.574
=10.22 %

* 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.


Guangdong CHJ Industry Co EBIT Related Terms

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Guangdong CHJ Industry Co (SZSE:002345) Business Description

Traded in Other Exchanges
N/A
Address
4th wave, Long Street, Long New Industrial Zone, Shantou, CHN, 515041
Guangdong CHJ Industry Co Ltd is engaged in the design, production, and sale of jewellery. The category includes ring, necklace, pendant, stud earring, earring, bracelet, decoration, and gift. The product types of the company include fashion series, weeding series, childlike, and high order series.
Executives
Liao Chuang Bin Directors, executives
Xu Jun Xiong Directors, Directors, and Executives
Lin Bin Sheng Executives
Zheng Chun Sheng Supervisors
Lin Jun Ping Directors, executives
Long Hui Mei Supervisors
Su Xu Dong Executives
Jing Li Min Supervisors
Li Gang Executives
Liao Mu Zhi Director
Huang Wen Sheng Executives
Lin Jing Kun Supervisors

Guangdong CHJ Industry Co (SZSE:002345) Headlines

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