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Jiangsu Jinling Sports Equipment Co (SZSE:300651) EBIT : ¥78.5 Mil (TTM As of Mar. 2024)


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What is Jiangsu Jinling Sports Equipment Co EBIT?

Jiangsu Jinling Sports Equipment Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥3.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥78.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiangsu Jinling Sports Equipment Co's annualized ROC % for the quarter that ended in Mar. 2024 was -0.26%. Jiangsu Jinling Sports Equipment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiangsu Jinling Sports Equipment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.52%.


Jiangsu Jinling Sports Equipment Co EBIT Historical Data

The historical data trend for Jiangsu Jinling Sports Equipment 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 Jinling Sports Equipment Co EBIT Chart

Jiangsu Jinling Sports Equipment 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 54.16 41.70 39.88 50.71 77.64

Jiangsu Jinling Sports Equipment 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 2.98 12.55 29.67 32.44 3.85

Competitive Comparison of Jiangsu Jinling Sports Equipment Co's EBIT

For the Leisure subindustry, Jiangsu Jinling Sports Equipment 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 Jinling Sports Equipment Co's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jiangsu Jinling Sports Equipment Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiangsu Jinling Sports Equipment Co's EV-to-EBIT falls into.



Jiangsu Jinling Sports Equipment 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 ¥78.5 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 Jinling Sports Equipment Co  (SZSE:300651) EBIT Explanation

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

Jiangsu Jinling Sports Equipment 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 )
=-1.64 * ( 1 - -8.06% )/( (670.647 + 709.715)/ 2 )
=-1.772184/690.181
=-0.26 %

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))
=1311.879 - 151.301 - ( 489.931 - max(0, 228.143 - 791.793+489.931))
=670.647

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))
=1297.186 - 124.126 - ( 463.345 - max(0, 210.703 - 781.294+463.345))
=709.715

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

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

Jiangsu Jinling Sports Equipment 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 )
=15.38/( ( (302.629 + max(68.747, 0)) + (298.585 + max(102.122, 0)) )/ 2 )
=15.38/( ( 371.376 + 400.707 )/ 2 )
=15.38/386.0415
=3.98 %

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)
=(77.734 + 181.986 + 29.621) - (151.301 + 0 + 69.293)
=68.747

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(75.621 + 194.051 + 37.655) - (124.126 + 0 + 81.079)
=102.122

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:

Jiangsu Jinling Sports Equipment Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=78.506/1422.765
=5.52 %

* 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 Jinling Sports Equipment Co EBIT Related Terms

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Jiangsu Jinling Sports Equipment Co (SZSE:300651) Business Description

Traded in Other Exchanges
N/A
Address
Haifeng Road, Nanfeng Town, Jiangsu Province, Zhangjiagang, CHN, 215600
Jiangsu Jinling Sports Equipment Co Ltd is a sports equipment integrated service provider in China. The company is engaged in the development, production, sales and sports events of sports equipment and venue facilities. Its products portfolio includes ball equipment, track and field equipment, and others. It offers equipment for various kinds of sports events, including basketball, athletics, football, and others.
Executives
Li Jian Gang Directors, executives
Xu Yan Supervisors
Li Jian Feng Director
Sun Jun Directors, Directors, and Executives
Shi Xing Ping Directors, executives
Li Chun Rong Directors, executives
Zhao Yu Long Executives
Shi Yong Hua Director

Jiangsu Jinling Sports Equipment Co (SZSE:300651) Headlines

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