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Shanghai Yongli Belting Co (SZSE:300230) EBIT : ¥410 Mil (TTM As of Sep. 2024)


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What is Shanghai Yongli Belting Co EBIT?

Shanghai Yongli Belting Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥87 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥410 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shanghai Yongli Belting Co's annualized ROC % for the quarter that ended in Sep. 2024 was 9.51%. Shanghai Yongli Belting Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 17.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shanghai Yongli Belting Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.27%.


Shanghai Yongli Belting Co EBIT Historical Data

The historical data trend for Shanghai Yongli Belting 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.

Shanghai Yongli Belting Co EBIT Chart

Shanghai Yongli Belting 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 372.77 -456.86 262.01 297.34 433.08

Shanghai Yongli Belting 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 111.49 201.05 48.75 72.79 87.14

Competitive Comparison of Shanghai Yongli Belting Co's EBIT

For the Auto Parts subindustry, Shanghai Yongli Belting 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.


Shanghai Yongli Belting Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Yongli Belting Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shanghai Yongli Belting Co's EV-to-EBIT falls into.



Shanghai Yongli Belting 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 ¥410 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.


Shanghai Yongli Belting Co  (SZSE:300230) EBIT Explanation

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

Shanghai Yongli Belting 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 )
=350.44 * ( 1 - 15.76% )/( (3083.001 + 3122.722)/ 2 )
=295.210656/3102.8615
=9.51 %

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))
=4214.563 - 348.009 - ( 783.553 - max(0, 855.155 - 2203.655+783.553))
=3083.001

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))
=4357.8 - 424.005 - ( 811.073 - max(0, 924.201 - 2229.369+811.073))
=3122.722

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

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

Shanghai Yongli Belting 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 )
=348.568/( ( (1064.891 + max(924.299, 0)) + (1133.007 + max(835.073, 0)) )/ 2 )
=348.568/( ( 1989.19 + 1968.08 )/ 2 )
=348.568/1978.635
=17.62 %

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)
=(565.628 + 457.705 + 333.194) - (348.009 + 0 + 84.219)
=924.299

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(629.054 + 482.047 + 227.199) - (424.005 + 0 + 79.222)
=835.073

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:

Shanghai Yongli Belting Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=409.723/3988.051
=10.27 %

* 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.


Shanghai Yongli Belting Co EBIT Related Terms

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Shanghai Yongli Belting Co Business Description

Traded in Other Exchanges
N/A
Address
No. 58, Xuwang Road, Xujing Town, Qingpu District, Shanghai, CHN, 201702
Shanghai Yongli Belting Co Ltd is mainly engaged in the research and development, production and sale of various types of light conveyor belts. Its main products are divided into two categories: light conveyor belts and precision molding products. Its products include polyvinyl chloride belts, oil resistant PVC belts, PVC treadmill belts, felt belts, hytrel belts, and silicone belts.
Executives
Huang Xiao Dong Director
Yun Li Ming Directors, executives
Jiang Feng Executives
Shi Pei Hao Director
Wang Yi Yi Executives
Chen Zhi Liang Supervisors
Yang Zhen Ping Supervisors
Yu Cheng Lei Directors, executives
Zhang Wei Directors, executives

Shanghai Yongli Belting Co Headlines

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