GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Yuxing Film Technology Co Ltd (SZSE:300305) » Definitions » EBIT

Jiangsu Yuxing Film Technology Co (SZSE:300305) EBIT : ¥-190 Mil (TTM As of Sep. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Jiangsu Yuxing Film Technology Co EBIT?

Jiangsu Yuxing Film Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-190 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiangsu Yuxing Film Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was -5.83%. Jiangsu Yuxing Film Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -10.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiangsu Yuxing Film Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -8.02%.


Jiangsu Yuxing Film Technology Co EBIT Historical Data

The historical data trend for Jiangsu Yuxing Film 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.

* Premium members only.

Jiangsu Yuxing Film Technology Co EBIT Chart

Jiangsu Yuxing Film Technology 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 111.17 184.12 276.10 170.23 43.46

Jiangsu Yuxing Film 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 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 -5.81 -28.39 -56.93 -43.60 -61.12

Competitive Comparison of Jiangsu Yuxing Film Technology Co's EBIT

For the Specialty Chemicals subindustry, Jiangsu Yuxing Film 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.


Jiangsu Yuxing Film Technology Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Yuxing Film Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiangsu Yuxing Film Technology Co's EV-to-EBIT falls into.


;
;

Jiangsu Yuxing Film 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 ¥-190 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.


Jiangsu Yuxing Film Technology Co  (SZSE:300305) EBIT Explanation

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

Jiangsu Yuxing Film 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 )
=-219.908 * ( 1 - 17.29% )/( (3028.053 + 3214.055)/ 2 )
=-181.8859068/3121.054
=-5.83 %

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))
=4092.726 - 339.65 - ( 725.023 - max(0, 815.28 - 1976.98+725.023))
=3028.053

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))
=3788.802 - 159.305 - ( 415.442 - max(0, 570.162 - 1653.591+415.442))
=3214.055

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

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

Jiangsu Yuxing Film 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 )
=-244.48/( ( (1887.76 + max(428.677, 0)) + (1910.486 + max(658.2, 0)) )/ 2 )
=-244.48/( ( 2316.437 + 2568.686 )/ 2 )
=-244.48/2442.5615
=-10.01 %

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)
=(235.099 + 338.433 + 340.272) - (339.65 + 0 + 145.477)
=428.677

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(138.354 + 370.244 + 407.095) - (159.305 + 0 + 98.188)
=658.2

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:

Jiangsu Yuxing Film Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-190.044/2369.573
=-8.02 %

* 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.


Jiangsu Yuxing Film Technology Co EBIT Related Terms

Thank you for viewing the detailed overview of Jiangsu Yuxing Film Technology Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiangsu Yuxing Film Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8-8, Tongzihe West Road, Zhonglou Economic Development Zone, Jiangsu Province, Changzhou, CHN, 213023
Jiangsu Yuxing Film Technology Co Ltd is engaged in the research, development, production, and sales of medium thick special polyester film. The products of the company include herald film, sequin film, digital inkjet and printing, and optical polyester film.
Executives
Liu Shou Zhong Director
Mou Jing Chang Executives
Sun Dong Ping Directors, executives
Zhu Yi Ming Executives
Liu Quan Directors, executives
Wang Jian Xin Director
Wang Zhang Yong Securities Affairs Representative
Yao Jiong Supervisors
Wang Ke Secretary, Director

Jiangsu Yuxing Film Technology Co Headlines

No Headlines