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Ningbo Bohui Chemical Technology Co (SZSE:300839) EBIT : ¥-299 Mil (TTM As of Mar. 2024)


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What is Ningbo Bohui Chemical Technology Co EBIT?

Ningbo Bohui Chemical Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-85 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-299 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ningbo Bohui Chemical Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 was -9.53%. Ningbo Bohui Chemical Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -29.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ningbo Bohui Chemical Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -11.29%.


Ningbo Bohui Chemical Technology Co EBIT Historical Data

The historical data trend for Ningbo Bohui Chemical Technology 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.

Ningbo Bohui Chemical Technology Co EBIT Chart

Ningbo Bohui Chemical Technology 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 90.55 77.98 53.12 195.10 -148.50

Ningbo Bohui Chemical Technology 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 65.88 79.53 -1.48 -292.43 -85.11

Competitive Comparison of Ningbo Bohui Chemical Technology Co's EBIT

For the Oil & Gas Refining & Marketing subindustry, Ningbo Bohui Chemical Technology 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.


Ningbo Bohui Chemical Technology Co's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ningbo Bohui Chemical Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ningbo Bohui Chemical Technology Co's EV-to-EBIT falls into.



Ningbo Bohui Chemical Technology 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 ¥-299 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.


Ningbo Bohui Chemical Technology Co  (SZSE:300839) EBIT Explanation

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

Ningbo Bohui Chemical Technology 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 )
=-161.464 * ( 1 - -1.7% )/( (1652.472 + 1794.7)/ 2 )
=-164.208888/1723.586
=-9.53 %

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))
=2111.199 - 276.506 - ( 557.867 - max(0, 901.138 - 1083.359+557.867))
=1652.472

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))
=2622.321 - 427.677 - ( 466.372 - max(0, 1212.322 - 1612.266+466.372))
=1794.7

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

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

Ningbo Bohui Chemical Technology 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 )
=-340.432/( ( (920.061 + max(76.1, 0)) + (897.815 + max(432.158, 0)) )/ 2 )
=-340.432/( ( 996.161 + 1329.973 )/ 2 )
=-340.432/1163.067
=-29.27 %

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)
=(1.003 + 344.738 + 59.061) - (276.506 + 0 + 52.196)
=76.1

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 858.065 + 63.296) - (427.677 + 0 + 61.526)
=432.158

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:

Ningbo Bohui Chemical Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-299.489/2651.850
=-11.29 %

* 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.


Ningbo Bohui Chemical Technology Co EBIT Related Terms

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Ningbo Bohui Chemical Technology Co (SZSE:300839) Business Description

Traded in Other Exchanges
N/A
Address
No.199 Taixing Road, Petrochemical Economic and Technological Development Zone, Zhejiang Province, Ningbo, CHN, 315207
Ningbo Bohui Chemical Technology Co Ltd is engaged in research, development, production and sales of heavy aromatic hydrocarbon series products and light fuel oil. The company uses extraction technology and uses fuel oil as a raw material for deep processing, extending the industrial chain, increasing the added value of fuel oil, and turning it into waste. It produces and sells aromatic hydrocarbon series products such as rubber additives, plastic additives, asphalt additives, lubricant additives, and light fuel oil. Its application scope of products mainly covers the fields of rubber processing, asphalt processing and lubricating oil processing.
Executives
You Dan Hong Directors, Directors, and Executives
Xiang Mei Jiao Directors, executives
Wang Lv Directors, executives

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