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Weihai Guangwei Composites Co (SZSE:300699) EBIT : ¥837 Mil (TTM As of Dec. 2024)


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What is Weihai Guangwei Composites Co EBIT?

Weihai Guangwei Composites Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ¥142 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ¥837 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Weihai Guangwei Composites Co's annualized ROC % for the quarter that ended in Dec. 2024 was 5.95%. Weihai Guangwei Composites Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 13.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Weihai Guangwei Composites Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 3.30%.


Weihai Guangwei Composites Co EBIT Historical Data

The historical data trend for Weihai Guangwei Composites 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.

Weihai Guangwei Composites Co EBIT Chart

Weihai Guangwei Composites Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 735.88 854.56 1,049.91 1,002.49 836.71

Weihai Guangwei Composites Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 289.86 173.68 243.82 277.57 141.65

Competitive Comparison of Weihai Guangwei Composites Co's EBIT

For the Chemicals subindustry, Weihai Guangwei Composites 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.


Weihai Guangwei Composites Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Weihai Guangwei Composites Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Weihai Guangwei Composites Co's EV-to-EBIT falls into.


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Weihai Guangwei Composites 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥837 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.


Weihai Guangwei Composites Co  (SZSE:300699) EBIT Explanation

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

Weihai Guangwei Composites Co's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=422.048 * ( 1 - 16.98% )/( (6161.629 + 5617.058)/ 2 )
=350.3842496/5889.3435
=5.95 %

where

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))
=7753.478 - 897.495 - ( 694.354 - max(0, 1118.845 - 3988.559+694.354))
=6161.629

Invested Capital(Q: Dec. 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))
=8071.755 - 1070.45 - ( 1384.247 - max(0, 1383.401 - 4138.182+1384.247))
=5617.058

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

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

Weihai Guangwei Composites Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=566.588/( ( (3248.666 + max(1035.974, 0)) + (3433.737 + max(706.452, 0)) )/ 2 )
=566.588/( ( 4284.64 + 4140.189 )/ 2 )
=566.588/4212.4145
=13.45 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1023.916 + 715.844 + 211.623) - (897.495 + 0 + 17.914)
=1035.974

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(860.128 + 713.74 + 222.976) - (1070.45 + 0 + 19.942)
=706.452

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Weihai Guangwei Composites Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=836.709/25351.159
=3.30 %

* 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.


Weihai Guangwei Composites Co EBIT Related Terms

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Weihai Guangwei Composites Co Business Description

Traded in Other Exchanges
N/A
Address
Tianjin High Road - 130, No. 130 Hi-Tech Zone, Shandong Province, Weihai, CHN, 264202
Weihai Guangwei Composites Co Ltd is engaged in research & development, production and sales of carbon fiber and carbon fiber composite materials.
Executives
Lin Feng Sen Executives
Zhang Yue Yi Directors, executives
Wang Zhuang Zhi Executives
Gao Zhang Xing Executives
Lu Zhao Jun Director
Wang Wen Yi Directors, executives
Li Shu Xiang Director
Tan Xian Cai Independent director

Weihai Guangwei Composites Co Headlines

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