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Blueil Medical Co (SZSE:002382) EBIT : ¥-437 Mil (TTM As of Mar. 2024)


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What is Blueil Medical Co EBIT?

Blueil Medical Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-437 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Blueil Medical Co's annualized ROC % for the quarter that ended in Mar. 2024 was -0.95%. Blueil Medical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -3.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Blueil Medical Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -6.84%.


Blueil Medical Co EBIT Historical Data

The historical data trend for Blueil Medical 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.

Blueil Medical Co EBIT Chart

Blueil Medical 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 690.54 2,208.31 1,480.68 -276.38 -442.14

Blueil Medical 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 -52.49 -106.65 -91.43 -191.57 -47.46

Competitive Comparison of Blueil Medical Co's EBIT

For the Medical Instruments & Supplies subindustry, Blueil Medical 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.


Blueil Medical Co's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Blueil Medical Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Blueil Medical Co's EV-to-EBIT falls into.



Blueil Medical 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 ¥-437 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.


Blueil Medical Co  (SZSE:002382) EBIT Explanation

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

Blueil Medical 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 )
=-138.24 * ( 1 - 4.67% )/( (13950.512 + 13937.491)/ 2 )
=-131.784192/13944.0015
=-0.95 %

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))
=15633.249 - 1821.827 - ( 1590.108 - max(0, 3908.639 - 3769.549+1590.108))
=13950.512

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))
=16497.458 - 1694.764 - ( 2250.526 - max(0, 3812.772 - 4677.975+2250.526))
=13937.491

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

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

Blueil Medical 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 )
=-189.836/( ( (5431.507 + max(222.775, 0)) + (5378.389 + max(590.617, 0)) )/ 2 )
=-189.836/( ( 5654.282 + 5969.006 )/ 2 )
=-189.836/5811.644
=-3.27 %

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)
=(897.103 + 1054.511 + 149.579) - (1821.827 + 0 + 56.591)
=222.775

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(982.388 + 1148.844 + 206.443) - (1694.764 + 0 + 52.294)
=590.617

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:

Blueil Medical Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-437.114/6392.475
=-6.84 %

* 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.


Blueil Medical Co EBIT Related Terms

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Blueil Medical Co (SZSE:002382) Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Qingtian Road, Qilu Chemical Industrial Zone, Shandong, Zibo, CHN, 255400
Blue Sail Medical Co Ltd is engaged in the manufacturing of health protective gloves. The products of the company include single use PVC inspection gloves, disposable PVC oral examination, single use rubber inspection gloves, and disposable rubber oral examination.
Executives
Liu Wen Jing Director
Zhong Shu Qiao Directors, executives
Yu Su Hua Director
Li Zhen Ping Director
Sun Chuan Zhi Directors, executives
Gu Lei Min Executives
Li Bing Rong Executives, directors
Yang Fan Executives
Han Bang You Secretary, Director
Zhao Min Securities Affairs Representative
Zhang Yong Chen Executives
Cao Yuan He Executives

Blueil Medical Co (SZSE:002382) Headlines

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