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Hunan Dezhong Automotiveles Service Co (BJSE:838030) EBIT : ¥1 Mil (TTM As of Mar. 2024)


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What is Hunan Dezhong Automotiveles Service Co EBIT?

Hunan Dezhong Automotiveles Service Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hunan Dezhong Automotiveles Service Co's annualized ROC % for the quarter that ended in Mar. 2024 was 2.41%. Hunan Dezhong Automotiveles Service Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hunan Dezhong Automotiveles Service Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.05%.


Hunan Dezhong Automotiveles Service Co EBIT Historical Data

The historical data trend for Hunan Dezhong Automotiveles Service 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 Dezhong Automotiveles Service Co EBIT Chart

Hunan Dezhong Automotiveles Service 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 163.15 77.68 87.83 41.99 2.53

Hunan Dezhong Automotiveles Service 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 9.54 6.20 6.06 -19.28 7.80

Competitive Comparison of Hunan Dezhong Automotiveles Service Co's EBIT

For the Auto & Truck Dealerships subindustry, Hunan Dezhong Automotiveles Service 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 Dezhong Automotiveles Service Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hunan Dezhong Automotiveles Service Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hunan Dezhong Automotiveles Service Co's EV-to-EBIT falls into.



Hunan Dezhong Automotiveles Service 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 ¥1 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.


Hunan Dezhong Automotiveles Service Co  (BJSE:838030) EBIT Explanation

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

Hunan Dezhong Automotiveles Service 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 )
=38.196 * ( 1 - 7.17% )/( (1509.328 + 1434.234)/ 2 )
=35.4573468/1471.781
=2.41 %

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))
=1878.253 - 298.284 - ( 182.435 - max(0, 1192.823 - 1263.464+182.435))
=1509.328

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))
=1702.621 - 213.016 - ( 113.402 - max(0, 1001.613 - 1056.984+113.402))
=1434.234

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

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

Hunan Dezhong Automotiveles Service 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 )
=31.196/( ( (339.486 + max(620.257, 0)) + (360.112 + max(563.831, 0)) )/ 2 )
=31.196/( ( 959.743 + 923.943 )/ 2 )
=31.196/941.843
=3.31 %

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)
=(25.695 + 799.668 + 128.607) - (298.284 + 0 + 35.429)
=620.257

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.145 + 672.957 + 119.804) - (213.016 + 0 + 37.059)
=563.831

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:

Hunan Dezhong Automotiveles Service Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=0.791/1496.304
=0.05 %

* 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.


Hunan Dezhong Automotiveles Service Co EBIT Related Terms

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Hunan Dezhong Automotiveles Service Co (BJSE:838030) Business Description

Traded in Other Exchanges
N/A
Address
Hecheng Branch, Huaihua Industrial Park, Yazuiyan Logistics Industrial Zone, Hecheng District, Hunan Province, Huaihua, CHN
Hunan Dezhong Automotive Sales Service Co Ltd is engaged in an Automobile company. The company also offers auto after-sales maintenance services, auto parts sales, and auto beauty and decoration services.

Hunan Dezhong Automotiveles Service Co (BJSE:838030) Headlines

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