Nanjing COSMOS Chemical Co (SZSE:300856) EBIT : ¥865 Mil (TTM As of Sep. 2024)

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What is Nanjing COSMOS Chemical Co EBIT?

Nanjing COSMOS Chemical Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥125 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥865 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nanjing COSMOS Chemical Co's annualized ROC % for the quarter that ended in Sep. 2024 was 14.75%. Nanjing COSMOS Chemical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 25.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nanjing COSMOS Chemical Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.89%.

Nanjing COSMOS Chemical Co EBIT Historical Data

The historical data trend for Nanjing COSMOS Chemical 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.

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Nanjing COSMOS Chemical Co EBIT Chart

Nanjing COSMOS Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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192.28

198.96

155.74

463.79

873.00

Nanjing COSMOS Chemical 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															220.34	228.13	254.91	257.31	125.02

Competitive Comparison of Nanjing COSMOS Chemical Co's EBIT

For the Chemicals subindustry, Nanjing COSMOS Chemical 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.

Nanjing COSMOS Chemical Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nanjing COSMOS Chemical Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nanjing COSMOS Chemical Co's EV-to-EBIT falls into.

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Nanjing COSMOS Chemical 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 ¥865 Mil.

Nanjing COSMOS Chemical Co (SZSE:300856) EBIT Explanation

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

Nanjing COSMOS Chemical 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 )
=	449.132 * ( 1 - 20.28% )	/	( (2405.067	+	2450.699)	/ 2 )
=	358.0480304	/	2427.883
=	14.75 %

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	))
=	4070.686	-	418.688	-	( 1246.931	-	max(0, 425.018	-	2192.86	+	1246.931	))
=	2405.067

	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	))
=	4012.011	-	390.957	-	( 1170.355	-	max(0, 396.5	-	1993.296	+	1170.355	))
=	2450.699

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

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

Nanjing COSMOS Chemical 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 )
=	500.072	/	( ( (1475.476 + max(522.248, 0))	+	(1567.845 + max(426.438, 0)) )	/	2 )
=	500.072	/	( ( 1997.724	+	1994.283 )	/	2 )
=	500.072	/	1996.0035
=	25.05 %

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)
=	(432.294	+	445.763	+	66.073)	-	(418.688	+	0	+	3.194)
=	522.248

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(315.744	+	457.352	+	47.737)	-	(390.957	+	0	+	3.438)
=	426.438

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:

Nanjing COSMOS Chemical Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	865.366	/	7947.874
	=	10.89 %

Nanjing COSMOS Chemical Co EBIT Related Terms

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Nanjing COSMOS Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nanjing COSMOS Chemical Co Ltd (SZSE:300856) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

19 Suyuan Avenue, Jiangning Economic and Technological Development Zone, Nanjing, CHN

Website

http://www.cosmoschem.com

Nanjing COSMOS Chemical Co Ltd is engaged in the research & development, production, and sales of daily chemical raw materials. The company's products include cosmetic active ingredients and their raw materials, synthetic perfumes, among others. Its product categories include Personal care products; Aromatic raw materials; and Other raw materials and intermediates.

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