GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shandong Longquan Pipe Industry Co Ltd (SZSE:002671) » Definitions » EBIT

Shandong Longquan Pipe Industry Co (SZSE:002671) EBIT : ¥77 Mil (TTM As of Dec. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Shandong Longquan Pipe Industry Co EBIT?

Shandong Longquan Pipe Industry Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ¥-19 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ¥77 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shandong Longquan Pipe Industry Co's annualized ROC % for the quarter that ended in Dec. 2024 was 5.50%. Shandong Longquan Pipe Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -6.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shandong Longquan Pipe Industry Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 2.92%.


Shandong Longquan Pipe Industry Co EBIT Historical Data

The historical data trend for Shandong Longquan Pipe Industry 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.

Shandong Longquan Pipe Industry Co EBIT Chart

Shandong Longquan Pipe Industry Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -72.41 48.67 -636.04 58.93 76.78

Shandong Longquan Pipe Industry Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 37.65 -1.70 29.72 67.65 -18.89

Competitive Comparison of Shandong Longquan Pipe Industry Co's EBIT

For the Building Products & Equipment subindustry, Shandong Longquan Pipe Industry 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.


Shandong Longquan Pipe Industry Co's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shandong Longquan Pipe Industry Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shandong Longquan Pipe Industry Co's EV-to-EBIT falls into.


;
;

Shandong Longquan Pipe Industry 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥77 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.


Shandong Longquan Pipe Industry Co  (SZSE:002671) EBIT Explanation

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

Shandong Longquan Pipe Industry Co's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=181.632 * ( 1 - 40.4% )/( (2027.634 + 1911.721)/ 2 )
=108.252672/1969.6775
=5.50 %

where

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))
=2838.842 - 305.005 - ( 506.203 - max(0, 1068.062 - 1775.968+506.203))
=2027.634

Invested Capital(Q: Dec. 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))
=2945.847 - 369.305 - ( 664.821 - max(0, 1069.925 - 1828.843+664.821))
=1911.721

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

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

Shandong Longquan Pipe Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-75.548/( ( (614.769 + max(494.101, 0)) + (602.218 + max(525.918, 0)) )/ 2 )
=-75.548/( ( 1108.87 + 1128.136 )/ 2 )
=-75.548/1118.503
=-6.75 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(738.712 + 286.09 + 30.569) - (305.005 + 0 + 256.265)
=494.101

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(697.585 + 225.068 + 27.474) - (369.305 + 0 + 54.904)
=525.918

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Shandong Longquan Pipe Industry Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=76.783/2630.857
=2.92 %

* 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.


Shandong Longquan Pipe Industry Co EBIT Related Terms

Thank you for viewing the detailed overview of Shandong Longquan Pipe Industry Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Shandong Longquan Pipe Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No. 36, Jianshan East Road, Boshan District, Shandong Province, Zibo, CHN, 213000
Shandong Longquan Pipe Industry Co Ltd is engaged in the Production and sales of prestressed steel cylinder concrete pipes (PCCP), petrochemical, nuclear power, and other metal pipe fittings business.
Executives
Wang Xiao Jun Directors, executives
Liu Qiang Director
Ben Liang Liang Executives
Li Wen Bo Secretary Dong
Fu Bo Directors, executives
Lu Chuan Wei Supervisors
Lv Bing Fang Director
Zhao Xiao De Directors, executives
Zhao Li Director
Yan Lei Securities Affairs Representative
Li Jiu Cheng Executives
Lu Qi Dong Supervisors
Liu Zhang Jie Director
Zhang Yu Directors, executives
Xu Yu Qing Executives

Shandong Longquan Pipe Industry Co Headlines

No Headlines