GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shenzhen Jdd Tech New Material Co Ltd (SZSE:301538) » Definitions » EBIT

Shenzhen Jdd Tech New Material Co (SZSE:301538) EBIT : ¥195.9 Mil (TTM As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Shenzhen Jdd Tech New Material Co EBIT?

Shenzhen Jdd Tech New Material Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥42.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥195.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen Jdd Tech New Material Co's annualized ROC % for the quarter that ended in Sep. 2024 was 18.26%. Shenzhen Jdd Tech New Material Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 26.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen Jdd Tech New Material Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.51%.


Shenzhen Jdd Tech New Material Co EBIT Historical Data

The historical data trend for Shenzhen Jdd Tech New 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.

Shenzhen Jdd Tech New Material Co EBIT Chart

Shenzhen Jdd Tech New Material Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 64.54 86.68 122.00 127.67 160.51

Shenzhen Jdd Tech New Material Co Quarterly Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec19 Dec20 Dec21 Mar22 Jun22 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 43.55 58.78 54.58 39.96 42.56

Competitive Comparison of Shenzhen Jdd Tech New Material Co's EBIT

For the Specialty Chemicals subindustry, Shenzhen Jdd Tech New 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.


Shenzhen Jdd Tech New Material Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shenzhen Jdd Tech New Material Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shenzhen Jdd Tech New Material Co's EV-to-EBIT falls into.


;
;

Shenzhen Jdd Tech New 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 ¥195.9 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.


Shenzhen Jdd Tech New Material Co  (SZSE:301538) EBIT Explanation

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

Shenzhen Jdd Tech New 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 )
=178.536 * ( 1 - 17.5% )/( (777.48 + 835.599)/ 2 )
=147.2922/806.5395
=18.26 %

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))
=1346.522 - 88.893 - ( 480.149 - max(0, 102.577 - 929.979+480.149))
=777.48

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))
=1411.395 - 131.748 - ( 444.048 - max(0, 143.941 - 942.581+444.048))
=835.599

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

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

Shenzhen Jdd Tech New 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 )
=170.256/( ( (341.768 + max(294.173, 0)) + (358.706 + max(305.185, 0)) )/ 2 )
=170.256/( ( 635.941 + 663.891 )/ 2 )
=170.256/649.916
=26.20 %

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)
=(239.139 + 124.036 + 23.47) - (88.893 + 0 + 3.579)
=294.173

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(282.896 + 132.61 + 24.434) - (131.748 + 0 + 3.007)
=305.185

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:

Shenzhen Jdd Tech New Material Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=195.881/3552.988
=5.51 %

* 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.


Shenzhen Jdd Tech New Material Co EBIT Related Terms

Thank you for viewing the detailed overview of Shenzhen Jdd Tech New Material Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Jdd Tech New Material Co Business Description

Traded in Other Exchanges
N/A
Address
Shajing Street, 2 industrial plants in Area E, Democratic West Industrial Park, Baoan District, Guangdong Province, Shenzhen, CHN, 518104
Shenzhen Jdd Tech New Material Co Ltd is focus on the design, research and development, production and sales of polymer modified protective materials. Its main products include functional protective sleeves and functional monofilaments. etc., widely used in diverse fields such as automobiles, engineering machinery, rail transit, and communication electronics. Its main products rely on their good temperature resistance, UV resistance, flame retardancy, chemical corrosion resistance and other properties to provide wear resistance, heat insulation, anti-impact, shielding and resistance to wire harness systems and fluid pipelines in various fields. Blasting, fire prevention, noise reduction and other safety protection functions.

Shenzhen Jdd Tech New Material Co Headlines

No Headlines