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Xiamen Yanjan New Material Co (SZSE:300658) EBIT : ¥53 Mil (TTM As of Sep. 2024)


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What is Xiamen Yanjan New Material Co EBIT?

Xiamen Yanjan New Material Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥53 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xiamen Yanjan New Material Co's annualized ROC % for the quarter that ended in Sep. 2024 was 41.11%. Xiamen Yanjan New Material Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xiamen Yanjan New Material Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.92%.


Xiamen Yanjan New Material Co EBIT Historical Data

The historical data trend for Xiamen Yanjan New Material 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.

Xiamen Yanjan New Material Co EBIT Chart

Xiamen Yanjan New Material 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 119.70 385.06 58.24 57.89 64.12

Xiamen Yanjan New Material 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 21.81 -7.98 21.17 33.32 6.61

Competitive Comparison of Xiamen Yanjan New Material Co's EBIT

For the Specialty Chemicals subindustry, Xiamen Yanjan New Material 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.


Xiamen Yanjan New Material Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xiamen Yanjan New Material Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Xiamen Yanjan New Material Co's EV-to-EBIT falls into.


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Xiamen Yanjan New Material 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 ¥53 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.


Xiamen Yanjan New Material Co  (SZSE:300658) EBIT Explanation

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

Xiamen Yanjan New Material 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 )
=48.844 * ( 1 - -1935.31% )/( (2443.374 + 2392.778)/ 2 )
=994.1268164/2418.076
=41.11 %

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))
=2722.125 - 277.05 - ( 316.467 - max(0, 926.343 - 928.044+316.467))
=2443.374

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))
=2723.477 - 298.02 - ( 234.022 - max(0, 869.922 - 902.601+234.022))
=2392.778

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

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

Xiamen Yanjan New Material 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 )
=26.432/( ( (1264.559 + max(254.739, 0)) + (1303.103 + max(289.885, 0)) )/ 2 )
=26.432/( ( 1519.298 + 1592.988 )/ 2 )
=26.432/1556.143
=1.70 %

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)
=(256.41 + 250.305 + 26.966) - (277.05 + 0 + 1.8919999999999)
=254.739

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(309.988 + 267.774 + 11.533) - (298.02 + 0 + 1.3900000000001)
=289.885

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:

Xiamen Yanjan New Material Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=53.118/2765.588
=1.92 %

* 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.


Xiamen Yanjan New Material Co EBIT Related Terms

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Xiamen Yanjan New Material Co Business Description

Traded in Other Exchanges
N/A
Address
No. 87-88 Huli Park,Tong’an Industry Zone, Fujian Province, Xiamen, CHN, 361101
Xiamen Yanjan New Material Co Ltd is a manufacturer of surface materials for disposable sanitary products. Its main products include PE perforated film, 3D perforated non-woven fabric, hot air non-woven fabric, and ADL guide. Stream layer and so on. Its products are used in sanitary napkins, pads, baby and adult diapers, and medical and food packaging industries.
Executives
Xie Ji Quan Directors, executives
Xie Ji Hua Directors, executives
Yu Xin Executives
Fang He Ping Directors, executives
Huang Teng Directors, Directors, and Executives
Tuo Deng Huai Executives
Xie Shu Dong Director
Xie Ying Qiu Director
Lin Jian Yue Supervisors

Xiamen Yanjan New Material Co Headlines

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