Yong Bai Chao New Retail (Yong Bai Chao New Retail) EBIT : $-0.06 Mil (TTM As of Mar. 2024)

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What is Yong Bai Chao New Retail EBIT?

Yong Bai Chao New Retail's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.06 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yong Bai Chao New Retail's annualized ROC % for the quarter that ended in Mar. 2024 was %. Yong Bai Chao New Retail's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Yong Bai Chao New Retail's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -4.60%.

Yong Bai Chao New Retail EBIT Historical Data

The historical data trend for Yong Bai Chao New Retail'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.

Yong Bai Chao New Retail EBIT Chart

Yong Bai Chao New Retail Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-0.02

0.35

-0.73

-0.08

-0.06

Yong Bai Chao New Retail Quarterly Data
	Jun19	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															-0.03	-0.02	-0.01	-0.01	-0.02

Competitive Comparison of Yong Bai Chao New Retail's EBIT

For the Shell Companies subindustry, Yong Bai Chao New Retail'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.

Yong Bai Chao New Retail's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Yong Bai Chao New Retail's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Yong Bai Chao New Retail's EV-to-EBIT falls into.

Yong Bai Chao New Retail 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 $-0.06 Mil.

Yong Bai Chao New Retail (OTCPK:YBCN) EBIT Explanation

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

Yong Bai Chao New Retail'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 )
=	-0.072 * ( 1 - 0% )	/	( (0	+	0)	/ 1 )
=	-0.072	/	0
=	%

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	))
=	0	-	0.107	-	( 0	-	max(0, 0.107	-	0	+	0	))
=	0

	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	))
=	0	-	0.124	-	( 0	-	max(0, 0.124	-	0	+	0	))
=	0

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

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

Yong Bai Chao New Retail'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 )
=	-0.072	/	( ( (0 + max(-0.107, 0))	+	(0 + max(-0.124, 0)) )	/	1 )
=	-0.072	/	( ( 0	+	0 )	/	1 )
=	-0.072	/	0
=	%

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)
=	(0	+	0	+	0)	-	(0.107	+	0	+	0)
=	-0.107

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.124	+	0	+	0)
=	-0.124

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:

Yong Bai Chao New Retail's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-0.055	/	1.196
	=	-4.60 %

Yong Bai Chao New Retail EBIT Related Terms

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Yong Bai Chao New Retail (Yong Bai Chao New Retail) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Yong Bai Chao New Retail Corp (OTCPK:YBCN) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 39 Hulan West Road, 3209, South Building, Building 3, Boashan District, Shanghai, CHN

Website

http://www.eccoregon.com

Yong Bai Chao New Retail Corp, formerly Environmental Control Corp is a shell company.

Executives

Fei Wang	director, 10 percent owner, officer: CEO, CFO and Secretary	3209, SOUTH BUILDING, BUILDING 3, NO. 39 HULAN WEST ROAD, BAOSHAN DISTRICT, SHANGHAI F4 00000
Michael J Mugford	director	15365 BROOKSIDE AVENUE, WEST VANCOUVER A1 V7W 1N2
Stephen Norris	other: Manager, Business Development	203 - 1265 W. 11TH AVENUE, VANCOUVER A1 V6H 1K8
Environmental Control Corp.	10 percent owner	85 KENMOUNT ROAD, ST. JOHN?S A4 A1B 3N7
Nils Rodeblad	director	13 CEDARHURST PLACE, ST. JOHN'S A4 AIG 1T8
Gary Bishop	director, officer: Chief Financial Officer	5 LAMANCH PLACE, ST. JOHN'S A4 AIE 4P6
Albert E Hickman	director, officer: President, CEO and Chairman	85 RENNIE'S MILL ROAD, ST. JOHN'S A4 A1C 3P9
Alexei Jirniaguine	director, 10 percent owner	1049 EUPHRATES CRESENT, PORT COQUITLAM A1 V3B 8B6
Andrei Krioukov	director, 10 percent owner	702-33 WATER STREET, VANCOUVER A1 V6B 1A1

Yong Bai Chao New Retail (Yong Bai Chao New Retail) Headlines

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