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Zhang Xiaoquan (SZSE:301055) EBIT : ¥39.6 Mil (TTM As of Mar. 2024)


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What is Zhang Xiaoquan EBIT?

Zhang Xiaoquan's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥13.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥39.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhang Xiaoquan's annualized ROC % for the quarter that ended in Mar. 2024 was 5.82%. Zhang Xiaoquan's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhang Xiaoquan's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.08%.


Zhang Xiaoquan EBIT Historical Data

The historical data trend for Zhang Xiaoquan'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.

Zhang Xiaoquan EBIT Chart

Zhang Xiaoquan Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 94.00 95.80 99.06 60.14 39.38

Zhang Xiaoquan Quarterly Data
Dec17 Dec18 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 12.94 1.60 7.71 17.13 13.11

Competitive Comparison of Zhang Xiaoquan's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Zhang Xiaoquan'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.


Zhang Xiaoquan's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zhang Xiaoquan's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhang Xiaoquan's EV-to-EBIT falls into.



Zhang Xiaoquan 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 ¥39.6 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.


Zhang Xiaoquan  (SZSE:301055) EBIT Explanation

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

Zhang Xiaoquan'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 )
=49.62 * ( 1 - 31.71% )/( (594.835 + 570.588)/ 2 )
=33.885498/582.7115
=5.82 %

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))
=1020.229 - 268.012 - ( 280.319 - max(0, 324.531 - 481.913+280.319))
=594.835

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))
=969.236 - 245.782 - ( 237.76 - max(0, 302.297 - 455.163+237.76))
=570.588

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

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

Zhang Xiaoquan'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 )
=52.452/( ( (416.135 + max(-101.29, 0)) + (392.458 + max(-64.012, 0)) )/ 2 )
=52.452/( ( 416.135 + 392.458 )/ 2 )
=52.452/404.2965
=12.97 %

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)
=(30.943 + 159.203 + 7.48) - (268.012 + 0 + 30.904)
=-101.29

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(29.39 + 170.798 + 13.579) - (245.782 + 0 + 31.997)
=-64.012

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:

Zhang Xiaoquan's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=39.554/1901.813
=2.08 %

* 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.


Zhang Xiaoquan EBIT Related Terms

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Zhang Xiaoquan (SZSE:301055) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Wuxing Road, Dongzhou Street, Fuyang District, Zhejiang Province, Hangzhou, CHN, 311401
Zhang Xiaoquan Inc is a is a modern living hardware company integrating design, research and development, production, sales and service. It offers home kitchen products, personal care products, garden and agronomic products, hotel kitchen utensils and others to consumers at home and abroad.

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