JiaChen Holding Group (HKSE:01937) EBIT : HK$10.5 Mil (TTM As of Dec. 2023)

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What is JiaChen Holding Group EBIT?

JiaChen Holding Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$4.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$10.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. JiaChen Holding Group's annualized ROC % for the quarter that ended in Dec. 2023 was 6.75%. JiaChen Holding Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. JiaChen Holding Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.96%.

JiaChen Holding Group EBIT Historical Data

The historical data trend for JiaChen Holding Group'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.

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JiaChen Holding Group EBIT Chart

JiaChen Holding Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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33.89

7.87

38.38

16.82

10.54

JiaChen Holding Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial									19.21	12.19	5.21	6.24	4.29

Competitive Comparison of JiaChen Holding Group's EBIT

For the Building Products & Equipment subindustry, JiaChen Holding Group'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.

JiaChen Holding Group's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, JiaChen Holding Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where JiaChen Holding Group's EV-to-EBIT falls into.

JiaChen Holding Group 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 HK$10.5 Mil.

JiaChen Holding Group (HKSE:01937) EBIT Explanation

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

JiaChen Holding Group'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 )
=	23.48 * ( 1 - -18.23% )	/	( (402.599	+	420.417)	/ 2 )
=	27.760404	/	411.508
=	6.75 %

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	))
=	537.523	-	26.74	-	( 108.184	-	max(0, 198.252	-	409.1	+	108.184	))
=	402.599

	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	))
=	528.437	-	62.211	-	( 45.809	-	max(0, 186.036	-	389.384	+	45.809	))
=	420.417

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:

JiaChen Holding Group'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 )
=	8.584	/	( ( (63.837 + max(155.859, 0))	+	(81.204 + max(208.599, 0)) )	/	2 )
=	8.584	/	( ( 219.696	+	289.803 )	/	2 )
=	8.584	/	254.7495
=	3.37 %

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)
=	(145.735	+	63.076	+	3.03)	-	(26.74	+	0	+	29.242)
=	155.859

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(220.367	+	54.701	+	19.95)	-	(62.211	+	0	+	24.208)
=	208.599

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:

JiaChen Holding Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	10.536	/	266.094
	=	3.96 %

JiaChen Holding Group EBIT Related Terms

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JiaChen Holding Group (HKSE:01937) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JiaChen Holding Group Ltd (HKSE:01937) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.18 Changhong East Road, Henglin Town, Wujin District, Jiangsu, Changzhou, CHN

Website

https://www.jiachencn.com.cn

JiaChen Holding Group Ltd is engaged in manufacturing and sales of access flooring products and provide related installation services. Its segments consist of Steel access flooring plates; and Calcium-sulfate access flooring plates. Its access flooring products have been applied in office buildings in the China with characteristics of cable management (wires and cables are managed and organized underfloor with flexibility to accommodate any electronic devices); short installation time; high compressive strength and fire-resistance characteristic; and high bearing capacity. Geographical presence of the company is in Hong Kong, Hong Kong, PRC and Other country and regions.

Executives

Shen Min	2201 Interest of corporation controlled by you
Zhang Yaying	2202 Interest of your spouse
Global Yunhong Group Limited	2101 Beneficial owner
Jia Chen Tou Zi You Xian Gong Si	2101 Beneficial owner
Li Yubao	2201 Interest of corporation controlled by you
Liu Hui	2202 Interest of your spouse
Shen Minghui	2201 Interest of corporation controlled by you
Xin Chen Tou Zi You Xian Gong Si	2101 Beneficial owner
Yi Long Tou Zi You Xian Gong Si	2101 Beneficial owner

JiaChen Holding Group (HKSE:01937) Headlines

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