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Chen Ke Ming Food Manufacturing Co (SZSE:002661) EBIT : ¥145 Mil (TTM As of Sep. 2024)


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What is Chen Ke Ming Food Manufacturing Co EBIT?

Chen Ke Ming Food Manufacturing Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥77 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥145 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chen Ke Ming Food Manufacturing Co's annualized ROC % for the quarter that ended in Sep. 2024 was 4.53%. Chen Ke Ming Food Manufacturing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chen Ke Ming Food Manufacturing Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.88%.


Chen Ke Ming Food Manufacturing Co EBIT Historical Data

The historical data trend for Chen Ke Ming Food Manufacturing 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.

Chen Ke Ming Food Manufacturing Co EBIT Chart

Chen Ke Ming Food Manufacturing 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 317.02 407.27 96.40 243.98 -75.69

Chen Ke Ming Food Manufacturing 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 10.43 -105.94 83.77 90.88 76.68

Competitive Comparison of Chen Ke Ming Food Manufacturing Co's EBIT

For the Packaged Foods subindustry, Chen Ke Ming Food Manufacturing 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.


Chen Ke Ming Food Manufacturing Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chen Ke Ming Food Manufacturing Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Chen Ke Ming Food Manufacturing Co's EV-to-EBIT falls into.



Chen Ke Ming Food Manufacturing 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 ¥145 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.


Chen Ke Ming Food Manufacturing Co  (SZSE:002661) EBIT Explanation

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

Chen Ke Ming Food Manufacturing 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 )
=300.968 * ( 1 - 10.64% )/( (5994.762 + 5870.331)/ 2 )
=268.9450048/5932.5465
=4.53 %

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))
=6048.625 - 517.052 - ( 654.681 - max(0, 1927.021 - 1463.832+654.681))
=5994.762

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))
=6232.038 - 943.016 - ( 711.332 - max(0, 2208.113 - 1626.804+711.332))
=5870.331

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

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

Chen Ke Ming Food Manufacturing 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 )
=306.712/( ( (4073.011 + max(143.181, 0)) + (4052.73 + max(-194.359, 0)) )/ 2 )
=306.712/( ( 4216.192 + 4052.73 )/ 2 )
=306.712/4134.461
=7.42 %

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)
=(75.431 + 641.478 + 71.805) - (517.052 + 0 + 128.481)
=143.181

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(60.875 + 776.492 + 56.311) - (943.016 + 0 + 145.021)
=-194.359

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:

Chen Ke Ming Food Manufacturing Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=145.397/5044.915
=2.88 %

* 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.


Chen Ke Ming Food Manufacturing Co EBIT Related Terms

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Chen Ke Ming Food Manufacturing Co Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Zhenhua Road, Environmental Protection Technology Industrial Park, Yuhua District, Hunan Province, Changsha, CHN, 410116
Chen Ke Ming Food Manufacturing Co Ltd is a food manufacturing company in China. It is engaged in the research and development, production, and sale of middle and high-grade fine dried noodles. Its noodles are categories into six series - nutrition, power, high-gluten, gift, children, and other series. The company distributes its products under the brand name CKM.
Executives
Chen Hong Directors, executives
Chen Yan Secretary, Director
Yang Bo Executives
Zhang Bo Dong Executives
Zhang Xiao Executives
Li Rui Executives
Duan Ju Xiang Director
Zhang Jun Hui Executives
Chen Ke Zhong Director
Yang Li Juan Supervisors
Zhang Mu Lin Independent director
Li Qing Long Independent director
Chen Ke Ming Director
Chen Hui Director
Wang Yong Secretary, Director

Chen Ke Ming Food Manufacturing Co Headlines

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