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HUANLEJIA Food Group Co (SZSE:300997) EBIT : ¥370 Mil (TTM As of Mar. 2024)


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What is HUANLEJIA Food Group Co EBIT?

HUANLEJIA Food Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥109 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥370 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. HUANLEJIA Food Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 29.66%. HUANLEJIA Food Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 64.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. HUANLEJIA Food Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.99%.


HUANLEJIA Food Group Co EBIT Historical Data

The historical data trend for HUANLEJIA Food Group 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.

HUANLEJIA Food Group Co EBIT Chart

HUANLEJIA Food Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 353.65 247.20 246.22 276.77 375.50

HUANLEJIA Food Group Co Quarterly Data
Dec18 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 114.92 60.59 62.40 137.60 109.25

Competitive Comparison of HUANLEJIA Food Group Co's EBIT

For the Beverages - Non-Alcoholic subindustry, HUANLEJIA Food Group 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.


HUANLEJIA Food Group Co's EV-to-EBIT Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, HUANLEJIA Food Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where HUANLEJIA Food Group Co's EV-to-EBIT falls into.



HUANLEJIA Food Group 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 ¥370 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.


HUANLEJIA Food Group Co  (SZSE:300997) EBIT Explanation

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

HUANLEJIA Food Group 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 )
=437.5 * ( 1 - 24.82% )/( (1136.351 + 1081.34)/ 2 )
=328.9125/1108.8455
=29.66 %

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))
=2226.891 - 528.73 - ( 894.735 - max(0, 725.838 - 1287.648+894.735))
=1136.351

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))
=2006.9 - 527.414 - ( 603.477 - max(0, 648.725 - 1046.871+603.477))
=1081.34

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

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

HUANLEJIA Food Group 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 )
=436.988/( ( (672.548 + max(-335.544, 0)) + (688.662 + max(-210.335, 0)) )/ 2 )
=436.988/( ( 672.548 + 688.662 )/ 2 )
=436.988/680.605
=64.21 %

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)
=(123.04 + 247.703 + 19.551) - (528.73 + 0 + 197.108)
=-335.544

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(145.424 + 232.419 + 60.547) - (527.414 + 0 + 121.311)
=-210.335

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:

HUANLEJIA Food Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=369.827/6176.348
=5.99 %

* 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.


HUANLEJIA Food Group Co EBIT Related Terms

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HUANLEJIA Food Group Co (SZSE:300997) Business Description

Traded in Other Exchanges
N/A
Address
No. 71, Renmin Avenue Middle, Development Zone, 28th, 29th, 31st and 32nd floors of Happy Home Building, Guangdong Province, Zhanjiang, CHN, 524026
HUANLEJIA Food Group Co Ltd is engaged in research and development, production and sales of food and beverage products such as canned fruits, vegetable protein beverages, fruit juice beverages, and lactic acid bacteria beverages.

HUANLEJIA Food Group Co (SZSE:300997) Headlines

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