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Dagang Holding Group Co (SZSE:300103) EBIT : ¥-124.2 Mil (TTM As of Mar. 2024)


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What is Dagang Holding Group Co EBIT?

Dagang Holding Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-3.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-124.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dagang Holding Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was -2.42%. Dagang Holding Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dagang Holding Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -9.83%.


Dagang Holding Group Co EBIT Historical Data

The historical data trend for Dagang Holding 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.

Dagang Holding Group Co EBIT Chart

Dagang Holding 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 126.67 134.02 93.48 -375.18 -143.14

Dagang Holding 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 -21.98 0.58 -20.69 -101.05 -3.08

Competitive Comparison of Dagang Holding Group Co's EBIT

For the Farm & Heavy Construction Machinery subindustry, Dagang Holding 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.


Dagang Holding Group Co's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Dagang Holding Group Co's EV-to-EBIT distribution charts can be found below:

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



Dagang Holding 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 ¥-124.2 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.


Dagang Holding Group Co  (SZSE:300103) EBIT Explanation

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

Dagang Holding 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 )
=-17.464 * ( 1 - -1.75% )/( (730.747 + 738.669)/ 2 )
=-17.76962/734.708
=-2.42 %

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))
=1070.834 - 158.496 - ( 181.591 - max(0, 260.256 - 696.16+181.591))
=730.747

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))
=1042.911 - 142.226 - ( 162.016 - max(0, 239.412 - 674.929+162.016))
=738.669

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

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

Dagang Holding 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 )
=-12.336/( ( (301.084 + max(186.912, 0)) + (297.795 + max(221.171, 0)) )/ 2 )
=-12.336/( ( 487.996 + 518.966 )/ 2 )
=-12.336/503.481
=-2.45 %

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)
=(216.427 + 128.939 + 23.61) - (158.496 + 0 + 23.568)
=186.912

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(232.142 + 109.053 + 47.166) - (142.226 + 0 + 24.964)
=221.171

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-124.244/1263.461
=-9.83 %

* 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.


Dagang Holding Group Co EBIT Related Terms

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Dagang Holding Group Co (SZSE:300103) Business Description

Traded in Other Exchanges
N/A
Address
No. 10 Biyuan Third Road, High-tech Zone, Xi'an, Shaanxi Province, Xian, CHN, 710119
Dagang Holding Group Co Ltd is an enterprise specialized in the research and development, manufacture and service of road construction and maintenance machinery and equipment and general contracting of domestic and overseas projects. The company offers pavement maintenance machines, including asphalt pavement maintenance trucks, pavement maintenance vehicles, binding agent spreaders, self-propelled road widening machines, ultrathin asphalt pavers, and crack sealing machines.
Executives
Sun Jian Xi Director
Fu Jian Ping Executives
Wang Yan Supervisors
He Xu Wen Independent director
Zhao Zun Hui Director
Qin Zhi Qiang Executives
Zhu Hong Yan Supervisors
Yang Ya Ping Executives
Wei Er Qi Secretary, Director
Huang Tong Sheng Executives
Wang Rui Securities Affairs Representative
Huang Fu Jian Hong Supervisors
Huang Kun Supervisors
Li Tai Jie Director
Xue Mei Directors, executives

Dagang Holding Group Co (SZSE:300103) Headlines

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