Xiamen Zhongchuang Environmental Technology Co (SZSE:300056) EBIT : ¥-110.2 Mil (TTM As of Sep. 2024)

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What is Xiamen Zhongchuang Environmental Technology Co EBIT?

Xiamen Zhongchuang Environmental Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-17.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-110.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xiamen Zhongchuang Environmental Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was -6.40%. Xiamen Zhongchuang Environmental Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -26.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xiamen Zhongchuang Environmental Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -2.02%.

Xiamen Zhongchuang Environmental Technology Co EBIT Historical Data

The historical data trend for Xiamen Zhongchuang Environmental Technology 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.

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Xiamen Zhongchuang Environmental Technology Co EBIT Chart

Xiamen Zhongchuang Environmental Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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8.33

56.61

-403.04

-103.81

-173.83

Xiamen Zhongchuang Environmental Technology 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															-28.26	-88.22	14.33	-18.68	-17.66

Competitive Comparison of Xiamen Zhongchuang Environmental Technology Co's EBIT

For the Specialty Industrial Machinery subindustry, Xiamen Zhongchuang Environmental Technology 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.

Xiamen Zhongchuang Environmental Technology Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xiamen Zhongchuang Environmental Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Xiamen Zhongchuang Environmental Technology Co's EV-to-EBIT falls into.

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Xiamen Zhongchuang Environmental Technology 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 ¥-110.2 Mil.

Xiamen Zhongchuang Environmental Technology Co (SZSE:300056) EBIT Explanation

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

Xiamen Zhongchuang Environmental Technology 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 )
=	-50.928 * ( 1 - -0.43% )	/	( (780.091	+	817.519)	/ 2 )
=	-51.1469904	/	798.805
=	-6.40 %

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	))
=	958.715	-	284.187	-	( 29.863	-	max(0, 607.06	-	501.497	+	29.863	))
=	780.091

	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	))
=	981.874	-	277.976	-	( 30.723	-	max(0, 648.186	-	534.565	+	30.723	))
=	817.519

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

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

Xiamen Zhongchuang Environmental Technology 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 )
=	-70.636	/	( ( (267.835 + max(7.9850000000001, 0))	+	(259.793 + max(-10.513, 0)) )	/	2 )
=	-70.636	/	( ( 275.82	+	259.793 )	/	2 )
=	-70.636	/	267.8065
=	-26.38 %

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)
=	(208.382	+	165.332	+	29.877)	-	(284.187	+	0	+	111.419)
=	7.9850000000001

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(206.765	+	178.449	+	44.798)	-	(277.976	+	0	+	162.549)
=	-10.513

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:

Xiamen Zhongchuang Environmental Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	-110.232	/	5468.336
	=	-2.02 %

Xiamen Zhongchuang Environmental Technology Co EBIT Related Terms

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Xiamen Zhongchuang Environmental Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xiamen Zhongchuang Environmental Technology Co Ltd (SZSE:300056) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1178-1182, Chunguang Road, Industrial Zone, Torch High-tech Zone, Xiang Ming, Xiamen, CHN, 361101

Website

http://www.savings.com.cn

Xiamen Zhongchuang Environmental Technology Co Ltd is engaged in the research and development, production, sales, and service of high-performance high-temperature dust removing filter materials. The business of the company includes flue gas island control, bulk material storage system, third party environmental service, and import and export service.

Executives

Xu Xiu Li	Director
Zhang Hong Liang	Secretary, Director
Ran Chang	Director
Geng Zhan Ji	Directors, executives
Liu Yong	Director
Wang Zhi Yong	Independent director
Luo Hong Hua	Director
Li Liang Liang	Executives
Qiu Guo Qiang	Director
Liu Ming Hui	Director

Xiamen Zhongchuang Environmental Technology Co Headlines

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