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Jiangxi Geto New Materials (SZSE:300986) EBIT : ¥124 Mil (TTM As of Sep. 2024)


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What is Jiangxi Geto New Materials EBIT?

Jiangxi Geto New Materials's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥88 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥124 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiangxi Geto New Materials's annualized ROC % for the quarter that ended in Sep. 2024 was 8.06%. Jiangxi Geto New Materials's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 13.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiangxi Geto New Materials's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.12%.


Jiangxi Geto New Materials EBIT Historical Data

The historical data trend for Jiangxi Geto New Materials'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.

Jiangxi Geto New Materials EBIT Chart

Jiangxi Geto New Materials 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 180.31 241.58 224.03 261.78 36.53

Jiangxi Geto New Materials 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 -12.93 -34.05 15.22 54.75 88.34

Competitive Comparison of Jiangxi Geto New Materials's EBIT

For the Building Products & Equipment subindustry, Jiangxi Geto New Materials'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.


Jiangxi Geto New Materials's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jiangxi Geto New Materials's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiangxi Geto New Materials's EV-to-EBIT falls into.


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Jiangxi Geto New Materials 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 ¥124 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.


Jiangxi Geto New Materials  (SZSE:300986) EBIT Explanation

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

Jiangxi Geto New Materials'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 )
=411.84 * ( 1 - 18.55% )/( (4170.634 + 4149.86)/ 2 )
=335.44368/4160.247
=8.06 %

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))
=5248.724 - 993.215 - ( 556.642 - max(0, 2587.914 - 2672.789+556.642))
=4170.634

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))
=5217.439 - 999.589 - ( 551.975 - max(0, 2528.269 - 2596.259+551.975))
=4149.86

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

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

Jiangxi Geto New Materials'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 )
=353.36/( ( (2071.728 + max(583.053, 0)) + (2135.439 + max(587.094, 0)) )/ 2 )
=353.36/( ( 2654.781 + 2722.533 )/ 2 )
=353.36/2688.657
=13.14 %

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)
=(1406.07 + 379.285 + 116.924) - (993.215 + 0 + 326.011)
=583.053

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1471.632 + 325.482 + 116.21) - (999.589 + 0 + 326.641)
=587.094

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:

Jiangxi Geto New Materials's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=124.262/5865.707
=2.12 %

* 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.


Jiangxi Geto New Materials EBIT Related Terms

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Jiangxi Geto New Materials Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan Torch Development Zone, 4th Floor, Building B, Zhongshan Creative Port, Guangdong Province, Zhongshan, CHN, 528436
Jiangxi Geto New Materials Corp Ltd is a comprehensive service-oriented enterprise mainly engaged in new-type building aluminum formwork, self-climbing platforms, and concrete products. Its product offerings include aluminum molds, aluminum alloy templates, sky building machines, steel formwork systems, fair-faced concretes, prefabricated houses, lifting protection platforms, steel frame wooden formwork, and others. The company's products are mainly used in the civil and public construction fields.

Jiangxi Geto New Materials Headlines

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