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Shandong Zhonglu Oceanic Fisheries Co (SZSE:200992) EBIT : HK$19 Mil (TTM As of Sep. 2024)


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What is Shandong Zhonglu Oceanic Fisheries Co EBIT?

Shandong Zhonglu Oceanic Fisheries Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was HK$30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was HK$19 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shandong Zhonglu Oceanic Fisheries Co's annualized ROC % for the quarter that ended in Sep. 2024 was 6.75%. Shandong Zhonglu Oceanic Fisheries Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shandong Zhonglu Oceanic Fisheries Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.02%.


Shandong Zhonglu Oceanic Fisheries Co EBIT Historical Data

The historical data trend for Shandong Zhonglu Oceanic Fisheries 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 Zhonglu Oceanic Fisheries Co EBIT Chart

Shandong Zhonglu Oceanic Fisheries 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 117.74 51.02 51.92 49.44 61.54

Shandong Zhonglu Oceanic Fisheries 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 57.46 13.05 -7.53 -16.47 29.70

Competitive Comparison of Shandong Zhonglu Oceanic Fisheries Co's EBIT

For the Packaged Foods subindustry, Shandong Zhonglu Oceanic Fisheries 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 Zhonglu Oceanic Fisheries Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Zhonglu Oceanic Fisheries Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shandong Zhonglu Oceanic Fisheries Co's EV-to-EBIT falls into.



Shandong Zhonglu Oceanic Fisheries 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$19 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 Zhonglu Oceanic Fisheries Co  (SZSE:200992) EBIT Explanation

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

Shandong Zhonglu Oceanic Fisheries 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 )
=121.188 * ( 1 - 2.39% )/( (1741.979 + 1763.174)/ 2 )
=118.2916068/1752.5765
=6.75 %

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))
=2172.779 - 228.62 - ( 202.18 - max(0, 336.186 - 878.773+202.18))
=1741.979

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))
=2271.874 - 270.505 - ( 238.195 - max(0, 375.263 - 958.653+238.195))
=1763.174

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

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

Shandong Zhonglu Oceanic Fisheries 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 )
=118.812/( ( (1167.834 + max(416.298, 0)) + (1180.416 + max(402.565, 0)) )/ 2 )
=118.812/( ( 1584.132 + 1582.981 )/ 2 )
=118.812/1583.5565
=7.50 %

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)
=(66.08 + 561.148 + 38.306) - (228.62 + 0 + 20.616)
=416.298

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(46.624 + 592.916 + 69.728) - (270.505 + 0 + 36.198)
=402.565

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:

Shandong Zhonglu Oceanic Fisheries Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=18.757/927.861
=2.02 %

* 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 Zhonglu Oceanic Fisheries Co EBIT Related Terms

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Shandong Zhonglu Oceanic Fisheries Co Business Description

Traded in Other Exchanges
N/A
Address
No. 29 Miaoling Road, Laoshan District, Shandong Province, Qingdao, CHN, 266061
Shandong Zhonglu Oceanic Fisheries Co Ltd engages in the business of oceanic fishing. It primarily offers tuna and its products. It operates through the following segments: Oceanic Fishing, Vessels Leasing, Aquatic Products Processing, and Others. The company is also involved in the refrigeration, processing, and trading of aquatic products; and vessel leasing, refrigeration transportation, and other businesses. The firm's majority revenue comes from the Aquatic Products Processing segment. Its geographical segments are Japan, America, Russia, the European Union, South Korea, Israel, and other countries.
Executives
Chi Wei Zhen Executives
Jiang Peng Securities Affairs Representative

Shandong Zhonglu Oceanic Fisheries Co Headlines

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