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Jinlongyu Group Co (SZSE:002882) EBIT : ¥212 Mil (TTM As of Mar. 2024)


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What is Jinlongyu Group Co EBIT?

Jinlongyu Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥212 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jinlongyu Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 6.61%. Jinlongyu Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jinlongyu Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.90%.


Jinlongyu Group Co EBIT Historical Data

The historical data trend for Jinlongyu 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.

Jinlongyu Group Co EBIT Chart

Jinlongyu 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 390.14 274.82 86.07 305.73 219.18

Jinlongyu Group 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 58.63 102.64 78.12 -20.22 51.66

Competitive Comparison of Jinlongyu Group Co's EBIT

For the Electrical Equipment & Parts subindustry, Jinlongyu 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.


Jinlongyu Group Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jinlongyu Group Co's EV-to-EBIT distribution charts can be found below:

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



Jinlongyu 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥212 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.


Jinlongyu Group Co  (SZSE:002882) EBIT Explanation

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

Jinlongyu Group 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 )
=192.6 * ( 1 - 24.92% )/( (2100.795 + 2271.697)/ 2 )
=144.60408/2186.246
=6.61 %

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))
=3287.04 - 540.519 - ( 645.726 - max(0, 1165.757 - 2729.874+645.726))
=2100.795

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))
=3432.009 - 484.559 - ( 675.753 - max(0, 1273.081 - 2882.365+675.753))
=2271.697

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

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

Jinlongyu Group 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 )
=206.644/( ( (329.616 + max(1071.2, 0)) + (323.573 + max(1230.176, 0)) )/ 2 )
=206.644/( ( 1400.816 + 1553.749 )/ 2 )
=206.644/1477.2825
=13.99 %

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)
=(1117.331 + 588.343 + 36.635) - (540.519 + 0 + 130.59)
=1071.2

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1102.583 + 701.377 + 38.57) - (484.559 + 0 + 127.795)
=1230.176

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=212.204/7318.300
=2.90 %

* 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.


Jinlongyu Group Co EBIT Related Terms

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Jinlongyu Group Co (SZSE:002882) Business Description

Traded in Other Exchanges
N/A
Address
Phuket Sheung Shui Road, Jinlong Yu Group Industrial Park, Longgang District, Guangdong Province, Shenzhen, CHN, 518112
Jinlongyu Group Co Ltd is a wire and cable manufacturing company in South China. The principal business activities of the company include research and development, production, sales and service of wire and cable. Its main wire and cable products mainly include polyethylene insulated power cable, insulated PVC sheathed power cable, overhead insulated cables, steel core aluminum stranded wire, copper - aluminum core power cable and computer cables and control cables. The products of Jinlongyu Group are exported to a number of countries and regions such as Singapore, Australia, Hong Kong, among others.
Executives
Ji Xing Dan Directors, executives
Xia Lan Directors, executives
Feng Bo Executives
Lu Zhi Cai Directors, executives
Zhou Yong Hua Executives
Zheng Kang Jun Director
Xiong Zhong Hong Executives
Li Si Xi Director
Ji Gui Xin Supervisors

Jinlongyu Group Co (SZSE:002882) Headlines

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