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JiangSu JiuWu Hi-Tech Co (SZSE:300631) EBIT : ¥54.0 Mil (TTM As of Sep. 2024)


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What is JiangSu JiuWu Hi-Tech Co EBIT?

JiangSu JiuWu Hi-Tech Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥7.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥54.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. JiangSu JiuWu Hi-Tech Co's annualized ROC % for the quarter that ended in Sep. 2024 was -4.02%. JiangSu JiuWu Hi-Tech Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. JiangSu JiuWu Hi-Tech Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.18%.


JiangSu JiuWu Hi-Tech Co EBIT Historical Data

The historical data trend for JiangSu JiuWu Hi-Tech 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 JiuWu Hi-Tech Co EBIT Chart

JiangSu JiuWu Hi-Tech 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 80.52 126.09 95.33 44.51 44.52

JiangSu JiuWu Hi-Tech 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 1.78 35.54 15.25 -4.59 7.79

Competitive Comparison of JiangSu JiuWu Hi-Tech Co's EBIT

For the Metal Fabrication subindustry, JiangSu JiuWu Hi-Tech 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 JiuWu Hi-Tech Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, JiangSu JiuWu Hi-Tech Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where JiangSu JiuWu Hi-Tech Co's EV-to-EBIT falls into.


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JiangSu JiuWu Hi-Tech 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 ¥54.0 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 JiuWu Hi-Tech Co  (SZSE:300631) EBIT Explanation

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

JiangSu JiuWu Hi-Tech 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 )
=-40.488 * ( 1 - -15.77% )/( (1169.309 + 1162.407)/ 2 )
=-46.8729576/1165.858
=-4.02 %

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))
=1749.324 - 309.669 - ( 270.346 - max(0, 500.331 - 1138.722+270.346))
=1169.309

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))
=1807.347 - 352.146 - ( 292.794 - max(0, 522.338 - 1202.351+292.794))
=1162.407

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 JiuWu Hi-Tech 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 )
=31.148/( ( (374.6 + max(345.627, 0)) + (366.395 + max(294.326, 0)) )/ 2 )
=31.148/( ( 720.227 + 660.721 )/ 2 )
=31.148/690.474
=4.51 %

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)
=(543.44 + 190.252 + 42.124) - (309.669 + 0 + 120.52)
=345.627

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(504.626 + 224.254 + 47.649) - (352.146 + 0 + 130.057)
=294.326

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 JiuWu Hi-Tech Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=53.986/2481.273
=2.18 %

* 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 JiuWu Hi-Tech Co EBIT Related Terms

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JiangSu JiuWu Hi-Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Huqiao East Road, Jiangpu Sub District, Pukou District, Nanjing City, CHN, 211808
JiangSu JiuWu Hi-Tech Co Ltd is engaged in the research and development and application of membrane separation technology. Its products include organic membranes, ceramic and organic membrane modules, membrane pilot machines, and skid-mounted devices. The company's products and technologies have been widely used in chlor-alkali chemical brine refining, petrochemical membrane catalytic reaction, coal chemical oil and water separation, purification of fine chemical products, antibiotics, and other biological products.
Executives
Jin Xin Lei Executives
Pan Suo Liang Executives
Cheng Heng Directors, Directors, and Executives
Wei Xu Executives
Wang Xiao Hu Executives
Yang Ji Heng Executives
Liu Fei Director
Fang Qiu Executives
Sun Jian Director
Dang Jian Bing Director

JiangSu JiuWu Hi-Tech Co Headlines

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