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Luthai Textile Co (SZSE:200726) EBIT : HK$551 Mil (TTM As of Sep. 2024)


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What is Luthai Textile Co EBIT?

Luthai Textile Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was HK$179 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was HK$551 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Luthai Textile Co's annualized ROC % for the quarter that ended in Sep. 2024 was 6.50%. Luthai Textile Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Luthai Textile Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 9.63%.


Luthai Textile Co EBIT Historical Data

The historical data trend for Luthai Textile 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.

Luthai Textile Co EBIT Chart

Luthai Textile 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 1,356.61 181.05 525.10 1,304.36 572.59

Luthai Textile 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 163.03 110.76 116.87 144.30 179.28

Competitive Comparison of Luthai Textile Co's EBIT

For the Textile Manufacturing subindustry, Luthai Textile 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.


Luthai Textile Co's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Luthai Textile Co's EV-to-EBIT distribution charts can be found below:

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



Luthai Textile 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 HK$551 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.


Luthai Textile Co  (SZSE:200726) EBIT Explanation

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

Luthai Textile 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 )
=831.516 * ( 1 - 8.91% )/( (11678.493 + 11632.971)/ 2 )
=757.4279244/11655.732
=6.50 %

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))
=14819.171 - 543.699 - ( 2596.979 - max(0, 1540.707 - 6050.799+2596.979))
=11678.493

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))
=15191.831 - 695.35 - ( 2863.51 - max(0, 1638.692 - 6364.981+2863.51))
=11632.971

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

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

Luthai Textile 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 )
=717.116/( ( (7369.732 + max(2467.067, 0)) + (7416.719 + max(2427.009, 0)) )/ 2 )
=717.116/( ( 9836.799 + 9843.728 )/ 2 )
=717.116/9840.2635
=7.29 %

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)
=(780.7 + 2306.502 + 251.018) - (543.699 + 0 + 327.454)
=2467.067

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(887.271 + 2285.298 + 202.834) - (695.35 + 0 + 253.044)
=2427.009

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=551.214/5725.512
=9.63 %

* 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.


Luthai Textile Co EBIT Related Terms

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Luthai Textile Co Business Description

Traded in Other Exchanges
Address
Number 11, Mingbo Road, High-tech Industry Development Zone, Shandong, Zibo, CHN, 255086
Luthai Textile Co Ltd is a China-based company. Its business includes the production, processing and sales business of cotton yarn, yarn dyed fabrics, shirts, fashion accessories, health underwear and other textile products and their mating products; design, Research and development, technology services of the textile and garment products. It has four segments which are Textile and apparel, Cotton, Electricity and steam, and Other. Most of the revenue generated from the Textile and apparel segment.
Executives
Pan Ping Li Executives
Liu Zi Long Supervisors
Qin Gui Ling Secretary, Director
Zhang Hong Mei Executives
Lv Yong Chen Executives
Wang Fang Shui Directors, executives
Zheng Wei Yin Securities Affairs Representative
Zhu Ling Wen Supervisors
Liu Shi Zhen Director
Zhang Ke Ming Executives
Bai Nian Yue Executives
Zhang Shou Gang Executives
Zhang Jian Xiang Executives
Yu Yong Bin Executives
Li Tong Min Supervisors

Luthai Textile Co Headlines

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