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Yingkou Fengguang Advanced Material Co (SZSE:301100) EBIT : ¥3.6 Mil (TTM As of Mar. 2024)


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What is Yingkou Fengguang Advanced Material Co EBIT?

Yingkou Fengguang Advanced Material Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-9.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥3.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yingkou Fengguang Advanced Material Co's annualized ROC % for the quarter that ended in Mar. 2024 was -3.34%. Yingkou Fengguang Advanced Material Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -3.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Yingkou Fengguang Advanced Material Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.19%.


Yingkou Fengguang Advanced Material Co EBIT Historical Data

The historical data trend for Yingkou Fengguang Advanced Material 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.

Yingkou Fengguang Advanced Material Co EBIT Chart

Yingkou Fengguang Advanced Material Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 171.05 191.87 136.93 108.84 33.71

Yingkou Fengguang Advanced Material Co 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 20.29 24.86 4.33 -15.77 -9.80

Competitive Comparison of Yingkou Fengguang Advanced Material Co's EBIT

For the Specialty Chemicals subindustry, Yingkou Fengguang Advanced Material 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.


Yingkou Fengguang Advanced Material Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yingkou Fengguang Advanced Material Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Yingkou Fengguang Advanced Material Co's EV-to-EBIT falls into.



Yingkou Fengguang Advanced Material 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 ¥3.6 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.


Yingkou Fengguang Advanced Material Co  (SZSE:301100) EBIT Explanation

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

Yingkou Fengguang Advanced Material 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 )
=-33.468 * ( 1 - -29.23% )/( (1265.721 + 1322.169)/ 2 )
=-43.2506964/1293.945
=-3.34 %

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))
=2499.315 - 237.463 - ( 996.131 - max(0, 357.446 - 1609.353+996.131))
=1265.721

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))
=2515.502 - 314.186 - ( 879.147 - max(0, 385.159 - 1646.862+879.147))
=1322.169

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

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

Yingkou Fengguang Advanced Material 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 )
=-39.196/( ( (820.991 + max(277.484, 0)) + (799.93 + max(282.265, 0)) )/ 2 )
=-39.196/( ( 1098.475 + 1082.195 )/ 2 )
=-39.196/1090.335
=-3.59 %

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)
=(266.035 + 213.027 + 42.98) - (237.463 + 0 + 7.095)
=277.484

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(290.353 + 262.672 + 51.085) - (314.186 + 0 + 7.659)
=282.265

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:

Yingkou Fengguang Advanced Material Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=3.621/1892.782
=0.19 %

* 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.


Yingkou Fengguang Advanced Material Co EBIT Related Terms

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Yingkou Fengguang Advanced Material Co (SZSE:301100) Business Description

Traded in Other Exchanges
N/A
Address
Jiangjia Village, Lunan Town, Laobian District, Liaoning Province, Yingkou, CHN, 115005
Yingkou Fengguang Advanced Material Co Ltd is engaged in the research and development, production and sales of chemical additives for polymer materials.

Yingkou Fengguang Advanced Material Co (SZSE:301100) Headlines

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