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Dazzle Fashion Co (SHSE:603587) EBIT : ¥605 Mil (TTM As of Mar. 2024)


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What is Dazzle Fashion Co EBIT?

Dazzle Fashion Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥149 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥605 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dazzle Fashion Co's annualized ROC % for the quarter that ended in Mar. 2024 was 38.05%. Dazzle Fashion Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 89.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dazzle Fashion Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 19.08%.


Dazzle Fashion Co EBIT Historical Data

The historical data trend for Dazzle Fashion 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.

Dazzle Fashion Co EBIT Chart

Dazzle Fashion 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 751.12 855.54 924.02 510.82 677.50

Dazzle Fashion 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 221.24 191.75 142.42 122.09 148.96

Competitive Comparison of Dazzle Fashion Co's EBIT

For the Apparel Manufacturing subindustry, Dazzle Fashion 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.


Dazzle Fashion Co's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Dazzle Fashion Co's EV-to-EBIT distribution charts can be found below:

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



Dazzle Fashion 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 ¥605 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.


Dazzle Fashion Co  (SHSE:603587) EBIT Explanation

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

Dazzle Fashion 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 )
=621.848 * ( 1 - 25.02% )/( (1251.555 + 1199.069)/ 2 )
=466.2616304/1225.312
=38.05 %

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))
=4629.726 - 372.574 - ( 3107.817 - max(0, 767.565 - 3773.162+3107.817))
=1251.555

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))
=4694.24 - 364.352 - ( 3182.69 - max(0, 736.145 - 3866.964+3182.69))
=1199.069

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

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

Dazzle Fashion 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 )
=595.852/( ( (675.637 + max(-85.966, 0)) + (653.876 + max(-36.956, 0)) )/ 2 )
=595.852/( ( 675.637 + 653.876 )/ 2 )
=595.852/664.7565
=89.63 %

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)
=(79.185 + 387.91 + 115.121) - (372.574 + 0 + 295.608)
=-85.966

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(68.716 + 447.081 + 88.757) - (364.352 + 0 + 277.158)
=-36.956

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=605.226/3171.760
=19.08 %

* 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.


Dazzle Fashion Co EBIT Related Terms

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Dazzle Fashion Co (SHSE:603587) Business Description

Traded in Other Exchanges
N/A
Address
Lane 579, Xianxia Road, No. 38, Room 103, Building 2, Room 103, Building 2, Shanghai, CHN, 200336
Dazzle Fashion Co Ltd designs and manufactures women's wear. The company owns approx 4 reowned women's wear brands.

Dazzle Fashion Co (SHSE:603587) Headlines

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