Zhangjiagang Freetrade Science & Technology Group Co (SHSE:600794) EBIT : ¥362 Mil (TTM As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Zhangjiagang Freetrade Science & Technology Group Co EBIT?

Zhangjiagang Freetrade Science & Technology Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥98 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥362 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhangjiagang Freetrade Science & Technology Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 11.45%. Zhangjiagang Freetrade Science & Technology Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 49.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhangjiagang Freetrade Science & Technology Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.10%.

Zhangjiagang Freetrade Science & Technology Group Co EBIT Historical Data

The historical data trend for Zhangjiagang Freetrade Science & Technology Group 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.

Zhangjiagang Freetrade Science & Technology Group Co EBIT Chart

Zhangjiagang Freetrade Science & Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

250.29

334.15

188.63

254.66

355.88

Zhangjiagang Freetrade Science & Technology Group 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															92.14	109.23	80.10	74.41	97.88

Competitive Comparison of Zhangjiagang Freetrade Science & Technology Group Co's EBIT

For the Marine Shipping subindustry, Zhangjiagang Freetrade Science & Technology Group 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.

Zhangjiagang Freetrade Science & Technology Group Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Zhangjiagang Freetrade Science & Technology Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhangjiagang Freetrade Science & Technology Group Co's EV-to-EBIT falls into.

Zhangjiagang Freetrade Science & Technology Group 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 ¥362 Mil.

Zhangjiagang Freetrade Science & Technology Group Co (SHSE:600794) EBIT Explanation

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

Zhangjiagang Freetrade Science & Technology Group 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 )
=	342.152 * ( 1 - 17.66% )	/	( (2417.047	+	2502.571)	/ 2 )
=	281.7279568	/	2459.809
=	11.45 %

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	))
=	4024.182	-	679.527	-	( 927.608	-	max(0, 997.164	-	2076.064	+	927.608	))
=	2417.047

	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	))
=	4281.311	-	757.22	-	( 1021.52	-	max(0, 1182.724	-	2343.005	+	1021.52	))
=	2502.571

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

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

Zhangjiagang Freetrade Science & Technology Group 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 )
=	391.52	/	( ( (795.425 + max(-411.447, 0))	+	(794.518 + max(-580.576, 0)) )	/	2 )
=	391.52	/	( ( 795.425	+	794.518 )	/	2 )
=	391.52	/	794.9715
=	49.25 %

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)
=	(10.923	+	132.958	+	169.385)	-	(679.527	+	0	+	45.186)
=	-411.447

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(12.803	+	86.799	+	119.146)	-	(757.22	+	0	+	42.104)
=	-580.576

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:

Zhangjiagang Freetrade Science & Technology Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	361.614	/	3580.695
	=	10.10 %

Zhangjiagang Freetrade Science & Technology Group Co EBIT Related Terms

Thank you for viewing the detailed overview of Zhangjiagang Freetrade Science & Technology Group Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhangjiagang Freetrade Science & Technology Group Co (SHSE:600794) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Zhangjiagang Freetrade Science & Technology Group Co Ltd (SHSE:600794) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

8 Jingang Road, Jiangsu Chemical Products Trading Center Building, 27-28th Floor, Zhangjiagang Free Trade Zone, Jiangsu Province, Zhangjiagang, CHN, 215634

Website

https://www.zftc.net

Zhangjiagang Freetrade Science & Technology Group Co Ltd is engaged in biological high-tech applications, development; high-tech and e-commerce, web application development; ports, bonded logistics investment projects and other industrial investment.

Executives

Lan Jian Qiu	Director
Chen Hui	senior management
Xu Hui	Supervisors
Chu Yue Feng	Supervisors
Chu Yue Feng	Supervisors
Zhang Hui Zhong	senior management
Zhu Jian Hua	senior management
Wang Ben	senior management
Tang Yong	Director
Huang Xiong	senior management
Deng Yong Qing	Director
Gao Fu Xing	Director
Quan Xin Na	Director
Wu Xiao Jun	Supervisors
Li Jin Wei	Supervisors

Zhangjiagang Freetrade Science & Technology Group Co (SHSE:600794) Headlines

No Headlines