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Aier Eye Hospital Group Co (SZSE:300015) EBIT : ¥4,823 Mil (TTM As of Mar. 2024)


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What is Aier Eye Hospital Group Co EBIT?

Aier Eye Hospital Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥1,259 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥4,823 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aier Eye Hospital Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 19.56%. Aier Eye Hospital Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 56.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aier Eye Hospital Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.33%.


Aier Eye Hospital Group Co EBIT Historical Data

The historical data trend for Aier Eye Hospital Group 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.

Aier Eye Hospital Group Co EBIT Chart

Aier Eye Hospital Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,909.10 2,438.65 3,312.42 3,512.70 4,745.84

Aier Eye Hospital Group Co 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 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 1,181.48 1,244.43 2,018.54 301.38 1,258.96

Competitive Comparison of Aier Eye Hospital Group Co's EBIT

For the Medical Care Facilities subindustry, Aier Eye Hospital Group 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.


Aier Eye Hospital Group Co's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aier Eye Hospital Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Aier Eye Hospital Group Co's EV-to-EBIT falls into.



Aier Eye Hospital Group 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 ¥4,823 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.


Aier Eye Hospital Group Co  (SZSE:300015) EBIT Explanation

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

Aier Eye Hospital Group 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 )
=5286.6 * ( 1 - 19.14% )/( (21802.488 + 21906.945)/ 2 )
=4274.74476/21854.7165
=19.56 %

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))
=30186.62 - 4209.367 - ( 6910.25 - max(0, 6011.231 - 10185.996+6910.25))
=21802.488

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))
=30899.281 - 4041.278 - ( 7441.032 - max(0, 5861.432 - 10812.49+7441.032))
=21906.945

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

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

Aier Eye Hospital Group 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 )
=5035.856/( ( (9032.999 + max(-1362.15, 0)) + (8850.397 + max(-1096.537, 0)) )/ 2 )
=5035.856/( ( 9032.999 + 8850.397 )/ 2 )
=5035.856/8941.698
=56.32 %

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)
=(1899.196 + 899.686 + 231.768) - (4209.367 + 0 + 183.433)
=-1362.15

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2105.478 + 776.094 + 232.867) - (4041.278 + 0 + 169.698)
=-1096.537

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:

Aier Eye Hospital Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=4823.323/111383.500
=4.33 %

* 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.


Aier Eye Hospital Group Co EBIT Related Terms

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Aier Eye Hospital Group Co (SZSE:300015) Business Description

Traded in Other Exchanges
N/A
Address
Furongzhonglu Road, New Century Mansion No.198, Hunan Provience, Changsha, CHN, 410015
Aier Eye Hospital Group Co Ltd provides international ophthalmic technology and management services in China. The company offers services in myopia surgery, cataract, pediatric, eye plastic surgery, myopia prevention and control to patients. The group also enables high-standard medical care.
Executives
Tang Shi Bo Executives
Li Li Directors, executives
Wu Shi Jun Directors, Directors, and Executives
Liu Duo Yuan Executives
Feng Jun Executives
Wang Li Hua Executives
Li Ai Ming Executives
Yang Zhi Kuan Executives
Han Zhong Directors, executives
Sun Jian Supervisors
Chen Bang Director
Huang Qiang Securities Affairs Representative
Wen Jian Hui Securities Affairs Representative
Guo Hong Wei Director
Wan Wei Executives

Aier Eye Hospital Group Co (SZSE:300015) Headlines

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