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Xiamen Xiangyu Co (SHSE:600057) EBIT : ¥3,836 Mil (TTM As of Mar. 2024)


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What is Xiamen Xiangyu Co EBIT?

Xiamen Xiangyu Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥915 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥3,836 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xiamen Xiangyu Co's annualized ROC % for the quarter that ended in Mar. 2024 was 5.67%. Xiamen Xiangyu Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xiamen Xiangyu Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.21%.


Xiamen Xiangyu Co EBIT Historical Data

The historical data trend for Xiamen Xiangyu 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.

Xiamen Xiangyu Co EBIT Chart

Xiamen Xiangyu 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 3,032.94 3,613.29 5,321.51 6,585.29 4,192.29

Xiamen Xiangyu 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 1,270.66 880.10 1,009.61 1,031.92 914.76

Competitive Comparison of Xiamen Xiangyu Co's EBIT

For the Integrated Freight & Logistics subindustry, Xiamen Xiangyu 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.


Xiamen Xiangyu Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Xiamen Xiangyu Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Xiamen Xiangyu Co's EV-to-EBIT falls into.



Xiamen Xiangyu 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 ¥3,836 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.


Xiamen Xiangyu Co  (SHSE:600057) EBIT Explanation

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

Xiamen Xiangyu 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 )
=4222.436 * ( 1 - 9.94% )/( (58291.681 + 75738.607)/ 2 )
=3802.7258616/67015.144
=5.67 %

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))
=129705.187 - 48593.409 - ( 23079.804 - max(0, 88012.862 - 110832.959+23079.804))
=58291.681

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))
=133669.166 - 36773.097 - ( 21157.462 - max(0, 89919.899 - 115228.904+21157.462))
=75738.607

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

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

Xiamen Xiangyu 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 )
=3659.036/( ( (10930.694 + max(19231.964, 0)) + (10882.399 + max(33246.92, 0)) )/ 2 )
=3659.036/( ( 30162.658 + 44129.319 )/ 2 )
=3659.036/37145.9885
=9.85 %

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)
=(17808.282 + 27202.095 + 36201.405) - (48593.409 + 0 + 13386.409)
=19231.964

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19417.12 + 31648.558 + 36288.055) - (36773.097 + 0 + 17333.716)
=33246.92

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:

Xiamen Xiangyu Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=3836.383/34214.327
=11.21 %

* 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.


Xiamen Xiangyu Co EBIT Related Terms

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Xiamen Xiangyu Co (SHSE:600057) Business Description

Traded in Other Exchanges
N/A
Address
2F, Yinsheng Mansion, No.21 Xiangxing Forth Road, Free Trade Zone, Modern Logistic, Xiamen, Fujian, CHN, 361006
Xiamen Xiangyu Co Ltd provides supply chain and circulation services in the People's Republic of China. It supplies plastic chemicals, agricultural products, metallic ores, forest products, and mechanical and electrical products. The company also offers various integrated logistics services comprising the international purchase and distribution, international multimodal transport, domestic door-to-door logistics and financial logistics.
Executives
Tong Xiao Qing senior management
Liao Jie senior management
Deng Qi Dong Director
Cheng Yi Liang senior management
Zhang Jun Tian senior management
Qi Wei Dong Directors, senior managers
Chen Dai Zhen senior management
Fan Cheng Yang senior management
Zhang Shui Li Director
Chen Fang Director
Xiao Jing Qin senior management
Zhang Yue Duan senior management
Gao Chen Xia senior management
Lu Jiang Supervisors
Ma Zhong Da Supervisors

Xiamen Xiangyu Co (SHSE:600057) Headlines

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