GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » J&T Global Express Ltd (FRA:J92) » Definitions » EBIT

J&T Global Express (FRA:J92) EBIT : €-952 Mil (TTM As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is J&T Global Express EBIT?

J&T Global Express's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €-394 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-952 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. J&T Global Express's annualized ROC % for the quarter that ended in Dec. 2023 was -5.19%. J&T Global Express's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -51.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. J&T Global Express's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -11.03%.

J&T Global Express EBIT Historical Data

The historical data trend for J&T Global Express'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.

J&T Global Express EBIT Chart

J&T Global Express Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
-497.15 -5,327.75 1,588.59 -948.28

J&T Global Express Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial - 1,337.69 253.73 -557.67 -394.24

Competitive Comparison of J&T Global Express's EBIT

For the Integrated Freight & Logistics subindustry, J&T Global Express'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.

J&T Global Express's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, J&T Global Express's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where J&T Global Express's EV-to-EBIT falls into.


J&T Global Express 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-952 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.

J&T Global Express  (FRA:J92) EBIT Explanation

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

J&T Global Express's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-195.63 * ( 1 - -2.21% )/( (3803.176 + 3908.065)/ 2 )
=-199.953423/3855.6205
=-5.19 %

where

Invested Capital(Q: Jun. 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))
=5605.175 - 1038.842 - ( 1111.991 - max(0, 1772.683 - 2535.84+1111.991))
=3803.176

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))
=6053.497 - 1180.26 - ( 1405.903 - max(0, 1911.738 - 2876.91+1405.903))
=3908.065

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

J&T Global Express's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-788.472/( ( (1547.793 + max(-767.57, 0)) + (1542.177 + max(-950.509, 0)) )/ 2 )
=-788.472/( ( 1547.793 + 1542.177 )/ 2 )
=-788.472/1544.985
=-51.03 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(574.623 + 20.265 + 88.886) - (1038.842 + 0 + 412.502)
=-767.57

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(509.832 + 31.871 + 38.442) - (1180.26 + 0 + 350.394)
=-950.509

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

J&T Global Express's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-951.902/8633.425
=-11.03 %

* 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.

J&T Global Express EBIT Related Terms

Thank you for viewing the detailed overview of J&T Global Express's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

J&T Global Express (FRA:J92) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » J&T Global Express Ltd (FRA:J92) » Definitions » EBIT
Comparable Companies
HKSE:02618 HKSE:00598 HKSE:00636 HKSE:09699 HKSE:01442 HKSE:02130 HKSE:02490 HKSE:03399 HKSE:02482 HKSE:00500 UPS FDX XTER:DHL XSWX:KNIN OCSE:DSV SZSE:002352 ZTO JBHT EXPD CHRW
Traded in Other Exchanges
01519:Hong Kong
Address
1777 Hualong Road, Room 1001, Block A, Tower 5, Huaxinzhen, Qingpu, Shanghai, CHN
Website
https://www.jtexpress.com
J&T Global Express Ltd is a global logistics service provider with the leading express delivery business in Southeast Asia. Its express delivery services span 13 countries, which include the largest and fastest-growing express delivery emerging markets globally. It provides express delivery services to leading e-commerce platforms, enabling the rapid development of its partners as they expand into new markets.

J&T Global Express (FRA:J92) Headlines

No Headlines