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Chongqing Fuling Zhacai Group Co (SZSE:002507) EBIT : ¥989 Mil (TTM As of Sep. 2024)


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What is Chongqing Fuling Zhacai Group Co EBIT?

Chongqing Fuling Zhacai Group Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥263 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥989 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chongqing Fuling Zhacai Group Co's annualized ROC % for the quarter that ended in Sep. 2024 was 32.38%. Chongqing Fuling Zhacai Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 60.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chongqing Fuling Zhacai Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.45%.


Chongqing Fuling Zhacai Group Co EBIT Historical Data

The historical data trend for Chongqing Fuling Zhacai Group 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.

Chongqing Fuling Zhacai Group Co EBIT Chart

Chongqing Fuling Zhacai Group 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 678.31 869.42 873.69 1,055.80 974.81

Chongqing Fuling Zhacai Group 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 224.06 195.72 321.14 209.20 262.70

Competitive Comparison of Chongqing Fuling Zhacai Group Co's EBIT

For the Packaged Foods subindustry, Chongqing Fuling Zhacai Group 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.


Chongqing Fuling Zhacai Group Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chongqing Fuling Zhacai Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Chongqing Fuling Zhacai Group Co's EV-to-EBIT falls into.


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Chongqing Fuling Zhacai Group 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 ¥989 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.


Chongqing Fuling Zhacai Group Co  (SZSE:002507) EBIT Explanation

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

Chongqing Fuling Zhacai Group 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 )
=918.004 * ( 1 - 15.26% )/( (2585.127 + 2220.089)/ 2 )
=777.9165896/2402.608
=32.38 %

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))
=8874.944 - 395.574 - ( 5894.243 - max(0, 424.137 - 6972.788+5894.243))
=2585.127

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))
=9116.729 - 407.466 - ( 6489.174 - max(0, 441.927 - 7234.497+6489.174))
=2220.089

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

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

Chongqing Fuling Zhacai Group 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 )
=1050.796/( ( (1267.126 + max(651.101, 0)) + (1247.823 + max(298.958, 0)) )/ 2 )
=1050.796/( ( 1918.227 + 1546.781 )/ 2 )
=1050.796/1732.504
=60.65 %

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)
=(98.489 + 653.136 + 323.613) - (395.574 + 0 + 28.563)
=651.101

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(140.364 + 583.227 + 17.294000000001) - (407.466 + 0 + 34.461)
=298.958

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:

Chongqing Fuling Zhacai Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=988.754/9460.108
=10.45 %

* 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.


Chongqing Fuling Zhacai Group Co EBIT Related Terms

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Chongqing Fuling Zhacai Group Co Business Description

Traded in Other Exchanges
N/A
Address
No 29 South Tiyu Road, Fuling District, Chongqing, CHN, 408000
Chongqing Fuling Zhacai Group Co Ltd operates in the Chinese appetizer industry. The company is engaged in the production and sale of mustard-related products in China. The company sells its products under the Wujiang brand name to chain stores such as such as Wal-Mart, Carrefour, supermarkets, convenience stores, farmer's markets, and other retail terminals. In addition, its products are exported to more than twelve countries including the European Union, the United States, Japan, and Hong Kong.
Executives
Wu Xiao Rong Directors, executives
Zhang Yong Executives
Zhao Ping Directors, executives
Zhou Bin Quan Director
Wei Yong Sheng Directors, Directors, and Executives
Xiang Wen Hao Director
Yuan Guo Sheng Directors, executives
He Yun Chuan Executives
Xiao Da Bo Supervisors
Nie Chuan Executives
Huang Zheng Kun Secretary, Director
Liu Jie Executives
Guo Xiang Ying Director
Mao Xiang Directors, executives
Zhang Xian Hai Executives

Chongqing Fuling Zhacai Group Co Headlines

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