Hunan Yuneng New Energy Battery Material Co (SZSE:301358) EBIT : ¥821 Mil (TTM As of Sep. 2024)

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What is Hunan Yuneng New Energy Battery Material Co EBIT?

Hunan Yuneng New Energy Battery Material Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥168 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥821 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hunan Yuneng New Energy Battery Material Co's annualized ROC % for the quarter that ended in Sep. 2024 was 3.24%. Hunan Yuneng New Energy Battery Material Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hunan Yuneng New Energy Battery Material Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.16%.

Hunan Yuneng New Energy Battery Material Co EBIT Historical Data

The historical data trend for Hunan Yuneng New Energy Battery 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.

Hunan Yuneng New Energy Battery Material Co EBIT Chart

Hunan Yuneng New Energy Battery Material Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

69.19

55.83

1,467.30

3,799.35

2,113.63

Hunan Yuneng New Energy Battery Material Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial													394.01	103.97	237.57	312.12	167.83

Competitive Comparison of Hunan Yuneng New Energy Battery Material Co's EBIT

For the Electrical Equipment & Parts subindustry, Hunan Yuneng New Energy Battery 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.

Hunan Yuneng New Energy Battery Material Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hunan Yuneng New Energy Battery Material Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hunan Yuneng New Energy Battery Material Co's EV-to-EBIT falls into.

Hunan Yuneng New Energy Battery 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥821 Mil.

Hunan Yuneng New Energy Battery Material Co (SZSE:301358) EBIT Explanation

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

Hunan Yuneng New Energy Battery Material 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 )
=	711.248 * ( 1 - 22.92% )	/	( (16448.698	+	17418.271)	/ 2 )
=	548.2299584	/	16933.4845
=	3.24 %

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	))
=	26940.526	-	8573.489	-	( 1918.339	-	max(0, 11653.12	-	14253.256	+	1918.339	))
=	16448.698

	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	))
=	27526.645	-	9027.192	-	( 1081.182	-	max(0, 12492.786	-	14045.217	+	1081.182	))
=	17418.271

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

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

Hunan Yuneng New Energy Battery Material 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 )
=	671.316	/	( ( (11447.595 + max(-1815.359, 0))	+	(12223.806 + max(-1218.505, 0)) )	/	2 )
=	671.316	/	( ( 11447.595	+	12223.806 )	/	2 )
=	671.316	/	11835.7005
=	5.67 %

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)
=	(4380.392	+	2219.705	+	1075.043)	-	(8573.489	+	0	+	917.01)
=	-1815.359

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4468.661	+	2526.171	+	1327.726)	-	(9027.192	+	0	+	513.871)
=	-1218.505

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:

Hunan Yuneng New Energy Battery Material Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	821.484	/	37957.728
	=	2.16 %

Hunan Yuneng New Energy Battery Material Co EBIT Related Terms

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Hunan Yuneng New Energy Battery Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hunan Yuneng New Energy Battery Material Co Ltd (SZSE:301358) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

No. 18 Rili Road, Heling Town, Yuhu District, Hunan Province, Xiangtan, CHN, 411202

Website

http://www.hunanyuneng.com

Hunan Yuneng New Energy Battery Material Co Ltd is engaged in the research and development, production and sales of cathode materials for lithium-ion batteries. The company's main products include lithium- ion batteries cathode materials such as lithium iron phosphate and ternary materials, which is mainly used in the manufacture of lithium-ion batteries such as power batteries and energy storage batteries, and is ultimately energy used in new vehicles, Energy storage and other fields.

Hunan Yuneng New Energy Battery Material Co Headlines

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