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Anhui Genuine New Materials Co (SHSE:603429) EBIT : ¥172.5 Mil (TTM As of Mar. 2024)


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What is Anhui Genuine New Materials Co EBIT?

Anhui Genuine New Materials Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥62.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥172.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Anhui Genuine New Materials Co's annualized ROC % for the quarter that ended in Mar. 2024 was -17.41%. Anhui Genuine New Materials Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 55.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Anhui Genuine New Materials Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.17%.


Anhui Genuine New Materials Co EBIT Historical Data

The historical data trend for Anhui Genuine New Materials 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.

Anhui Genuine New Materials Co EBIT Chart

Anhui Genuine New Materials 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 235.05 78.18 163.94 193.02 143.66

Anhui Genuine New Materials 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 34.04 54.08 44.45 11.09 62.87

Competitive Comparison of Anhui Genuine New Materials Co's EBIT

For the Packaging & Containers subindustry, Anhui Genuine New Materials 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.


Anhui Genuine New Materials Co's EV-to-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Anhui Genuine New Materials Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Anhui Genuine New Materials Co's EV-to-EBIT falls into.



Anhui Genuine New Materials 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 ¥172.5 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.


Anhui Genuine New Materials Co  (SHSE:603429) EBIT Explanation

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

Anhui Genuine New Materials 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 )
=251.472 * ( 1 - 142.71% )/( (642.832 + 590.774)/ 2 )
=-107.4036912/616.803
=-17.41 %

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))
=1882.729 - 295.727 - ( 1009.163 - max(0, 296.138 - 1240.308+1009.163))
=642.832

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))
=1757.688 - 217.157 - ( 1011.32 - max(0, 217.657 - 1167.414+1011.32))
=590.774

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

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

Anhui Genuine New Materials 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 )
=251.472/( ( (460.662 + max(-105.007, 0)) + (449.731 + max(-77.264, 0)) )/ 2 )
=251.472/( ( 460.662 + 449.731 )/ 2 )
=251.472/455.1965
=55.24 %

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)
=(73.107 + 116.726 + 1.298) - (295.727 + 0 + 0.411)
=-105.007

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(90.729 + 49.267 + 0.39699999999993) - (217.157 + 0 + 0.5)
=-77.264

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:

Anhui Genuine New Materials Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=172.484/1544.366
=11.17 %

* 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.


Anhui Genuine New Materials Co EBIT Related Terms

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Anhui Genuine New Materials Co (SHSE:603429) Business Description

Traded in Other Exchanges
N/A
Address
Taihu Economic Development Zone, The Taihu lake, Anhui Province, Anqing, CHN, 246400
Anhui Genuine New Materials Co Ltd is a China-based manufacturer engaged in printing and packaging materials. The products offered by the company are used for cigarette packaging, cosmetics, household appliances, electronic devices, textiles, automotive parts, greeting cards, furniture and other items. Its products include cigarette tipping paper, cigarette sealing paper, and thermal transfer foil. The cigarette tipping paper covers ordinary cigarette tipping paper series, middle-grade cigarette tipping paper series, and top-grade cigarette tipping paper series products. The Cigarette sealing paper product category and Thermal transfer foil product category includes common series and superior series products. The entity has a business presence in China and other countries.
Executives
Xu Shan Shui Directors, senior managers
Zhao Ji Hui Supervisors
Yang Jiang Tao senior management
Liu Li Zheng Directors, senior managers
Guo Shu Guang Director
Yang Li Wang senior management
Jiang Hua senior management
Wu Zheng Xing senior management
Sun Zhi Song Director
Zhou Shao Jun Director
Yang Er Guo Director
Yang Ji Hong senior management
Yan Shu Cheng Supervisors
Yang Li Xin Supervisors
Zhang Gong Ping Supervisors

Anhui Genuine New Materials Co (SHSE:603429) Headlines

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