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Feilong Auto Components Co (SZSE:002536) EBIT : ¥304 Mil (TTM As of Mar. 2024)


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What is Feilong Auto Components Co EBIT?

Feilong Auto Components Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥130 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥304 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Feilong Auto Components Co's annualized ROC % for the quarter that ended in Mar. 2024 was 17.11%. Feilong Auto Components Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 25.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Feilong Auto Components Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.97%.


Feilong Auto Components Co EBIT Historical Data

The historical data trend for Feilong Auto Components 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.

Feilong Auto Components Co EBIT Chart

Feilong Auto Components 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 88.66 146.13 127.99 61.50 251.09

Feilong Auto Components 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 76.95 79.40 86.07 8.68 129.52

Competitive Comparison of Feilong Auto Components Co's EBIT

For the Auto Parts subindustry, Feilong Auto Components 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.


Feilong Auto Components Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Feilong Auto Components Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Feilong Auto Components Co's EV-to-EBIT falls into.



Feilong Auto Components 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 ¥304 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.


Feilong Auto Components Co  (SZSE:002536) EBIT Explanation

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

Feilong Auto Components 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 )
=490.768 * ( 1 - 8.61% )/( (2639.887 + 2602.506)/ 2 )
=448.5128752/2621.1965
=17.11 %

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))
=5061.034 - 1526.319 - ( 894.828 - max(0, 1756.858 - 3001.446+894.828))
=2639.887

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))
=5150.624 - 1484.55 - ( 1063.568 - max(0, 1730.861 - 3110.712+1063.568))
=2602.506

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

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

Feilong Auto Components 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 )
=518.06/( ( (1617.21 + max(461.324, 0)) + (1575.533 + max(392.346, 0)) )/ 2 )
=518.06/( ( 2078.534 + 1967.879 )/ 2 )
=518.06/2023.2065
=25.61 %

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)
=(772.568 + 1057.86 + 163.692) - (1526.319 + 0 + 6.4770000000001)
=461.324

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(796.123 + 864.66 + 218.524) - (1484.55 + 0 + 2.4110000000001)
=392.346

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:

Feilong Auto Components Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=303.66/5089.131
=5.97 %

* 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.


Feilong Auto Components Co EBIT Related Terms

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Feilong Auto Components Co (SZSE:002536) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Area, Donghuan Road, Henan Province, Xixia County, CHN, 474500
Feilong Auto Components Co Ltd through its subsidiaries is engaged in manufacturing and selling automobile parts in the People's Republic of China and internationally. It offers products such as Automobile water pumps under the Feilong brand; and Engine intake and Exhaust manifolds, Flywheel housings, Turbocharger, Die and gravity castings, Turbine housings, and Oil pumps, among other products.
Executives
Feng Zhang Hong Executives
Bai Xiang Rong Supervisors
Wang Rui Jin Executives
Sun Yao Zhong Directors, executives
Sun Yao Zhi Director
Xi Guo Qin Executives
Jiao Lei Executives
Sun Ding Wen Executives
Liang Zhong Hua Directors, executives
Tang Guo Zhong Executives
Wan Guo Min Executives
Zhang Meng Xing Executives
Xie Guo Lou Securities Affairs Representative

Feilong Auto Components Co (SZSE:002536) Headlines

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