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Hunan Mendale Hometextile Co (SZSE:002397) EBIT : ¥49 Mil (TTM As of Sep. 2024)


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What is Hunan Mendale Hometextile Co EBIT?

Hunan Mendale Hometextile Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥49 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hunan Mendale Hometextile Co's annualized ROC % for the quarter that ended in Sep. 2024 was -0.01%. Hunan Mendale Hometextile Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hunan Mendale Hometextile Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.72%.


Hunan Mendale Hometextile Co EBIT Historical Data

The historical data trend for Hunan Mendale Hometextile 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.

Hunan Mendale Hometextile Co EBIT Chart

Hunan Mendale Hometextile 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 154.34 69.99 -148.45 -380.20 63.61

Hunan Mendale Hometextile 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 19.89 7.65 16.75 17.31 7.40

Competitive Comparison of Hunan Mendale Hometextile Co's EBIT

For the Textile Manufacturing subindustry, Hunan Mendale Hometextile 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.


Hunan Mendale Hometextile Co's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hunan Mendale Hometextile Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hunan Mendale Hometextile Co's EV-to-EBIT falls into.



Hunan Mendale Hometextile 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 ¥49 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.


Hunan Mendale Hometextile Co  (SZSE:002397) EBIT Explanation

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

Hunan Mendale Hometextile 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 )
=8.696 * ( 1 - 102.28% )/( (2097.219 + 2100.25)/ 2 )
=-0.1982688/2098.7345
=-0.01 %

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))
=2809.522 - 999.547 - ( 569.68 - max(0, 1576.176 - 1288.932+569.68))
=2097.219

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))
=2613.812 - 806.881 - ( 346.059 - max(0, 1382.664 - 1089.345+346.059))
=2100.25

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

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

Hunan Mendale Hometextile 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 )
=29.588/( ( (1084.259 + max(-368.315, 0)) + (1100.139 + max(-158.238, 0)) )/ 2 )
=29.588/( ( 1084.259 + 1100.139 )/ 2 )
=29.588/1092.199
=2.71 %

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)
=(102.743 + 525.303 + 55.656) - (999.547 + 0 + 52.47)
=-368.315

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(91.097 + 558.574 + 55.679) - (806.881 + 0 + 56.707)
=-158.238

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:

Hunan Mendale Hometextile Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=49.109/2846.945
=1.72 %

* 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.


Hunan Mendale Hometextile Co EBIT Related Terms

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Hunan Mendale Hometextile Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Changchuan Road, Lugu Industrial Base, New and High-Tech Industrial Development Zone, Changsha, Hunan, CHN, 410205
Hunan Mendale Hometextile Co Ltd is a China-based company. It is principally engaged in the design, manufacture, and sales of home textile products, as well as the provision of home life services.
Executives
Li Jun Secretary, Director
Jiang Tian Wu Director
Li Jian Wei Director
Wu Wei Director
Peng Wei Guo Supervisors
Zhang Ai Chun Director
Cheng Yan Executives
He Xiao Xia Executives
Tu Yun Hua Directors, executives
Guan Jian Independent director
Pan Jin Executives
Gao Zhi Supervisors
Wu Wen Wen Securities Affairs Representative
Chen Xiao Hong Director

Hunan Mendale Hometextile Co Headlines

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