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Shan Dong Yisheng Livestock & Poultry Breeding Co (SZSE:002458) EBIT : ¥384 Mil (TTM As of Mar. 2024)


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What is Shan Dong Yisheng Livestock & Poultry Breeding Co EBIT?

Shan Dong Yisheng Livestock & Poultry Breeding Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥120 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥384 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shan Dong Yisheng Livestock & Poultry Breeding Co's annualized ROC % for the quarter that ended in Mar. 2024 was 9.16%. Shan Dong Yisheng Livestock & Poultry Breeding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shan Dong Yisheng Livestock & Poultry Breeding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.61%.


Shan Dong Yisheng Livestock & Poultry Breeding Co EBIT Historical Data

The historical data trend for Shan Dong Yisheng Livestock & Poultry Breeding 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.

Shan Dong Yisheng Livestock & Poultry Breeding Co EBIT Chart

Shan Dong Yisheng Livestock & Poultry Breeding 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 2,190.26 115.07 81.24 -308.20 614.21

Shan Dong Yisheng Livestock & Poultry Breeding 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 350.34 266.27 137.02 -139.42 119.83

Competitive Comparison of Shan Dong Yisheng Livestock & Poultry Breeding Co's EBIT

For the Farm Products subindustry, Shan Dong Yisheng Livestock & Poultry Breeding 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.


Shan Dong Yisheng Livestock & Poultry Breeding Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shan Dong Yisheng Livestock & Poultry Breeding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shan Dong Yisheng Livestock & Poultry Breeding Co's EV-to-EBIT falls into.



Shan Dong Yisheng Livestock & Poultry Breeding 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 ¥384 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.


Shan Dong Yisheng Livestock & Poultry Breeding Co  (SZSE:002458) EBIT Explanation

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

Shan Dong Yisheng Livestock & Poultry Breeding 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 )
=557.224 * ( 1 - -0.07% )/( (6063.805 + 6109.237)/ 2 )
=557.6140568/6086.521
=9.16 %

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))
=6574.995 - 765.418 - ( 909.287 - max(0, 1710.439 - 1456.211+909.287))
=6063.805

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))
=6561.605 - 846.837 - ( 850.606 - max(0, 1819.674 - 1425.205+850.606))
=6109.237

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

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

Shan Dong Yisheng Livestock & Poultry Breeding 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 )
=479.304/( ( (4168.113 + max(-350.462, 0)) + (4150.641 + max(-431.272, 0)) )/ 2 )
=479.304/( ( 4168.113 + 4150.641 )/ 2 )
=479.304/4159.377
=11.52 %

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)
=(40.602 + 415.355 + 58.785) - (765.418 + 0 + 99.786)
=-350.462

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39.149 + 440.208 + 59.792) - (846.837 + 0 + 123.584)
=-431.272

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:

Shan Dong Yisheng Livestock & Poultry Breeding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=383.69/10616.841
=3.61 %

* 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.


Shan Dong Yisheng Livestock & Poultry Breeding Co EBIT Related Terms

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Shan Dong Yisheng Livestock & Poultry Breeding Co (SZSE:002458) Business Description

Traded in Other Exchanges
N/A
Address
Chaoyang Street, Shandong Province, Yantai, CHN, 265508
Shan Dong Yisheng Livestock & Poultry Breeding Co Ltd is principally engaged in chicken breeding in China.
Executives
Cao Ji Sheng Directors, executives
Zhao Gui Ping Independent director
Qu Li Xin Directors, executives
Ji Yong Mei Directors, Directors, and Executives
Geng Pei Liang Director
Gong Xin Min Directors, executives
Lin Jie Directors, executives
Yin Tao Securities Affairs Representative
Sun Xiu Ni Supervisors
Cao Xue Hong Supervisors
Tang Wen Tao Securities Affairs Representative
Jiang Tai Bang Directors, executives
Chi Han Dong Directors, executives
Ren Sheng Hao Supervisors
Li Xiu Guo Supervisors

Shan Dong Yisheng Livestock & Poultry Breeding Co (SZSE:002458) Headlines

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