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Wushang Group Co (SZSE:000501) EBIT : ¥748 Mil (TTM As of Mar. 2024)


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What is Wushang Group Co EBIT?

Wushang Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥284 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥748 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wushang Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 1.85%. Wushang Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wushang Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.17%.


Wushang Group Co EBIT Historical Data

The historical data trend for Wushang 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.

Wushang Group Co EBIT Chart

Wushang Group 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 1,648.53 833.59 1,147.10 605.38 722.38

Wushang 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 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 258.74 90.09 106.03 267.53 283.88

Competitive Comparison of Wushang Group Co's EBIT

For the Department Stores subindustry, Wushang 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.


Wushang Group Co's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Wushang Group Co's EV-to-EBIT distribution charts can be found below:

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



Wushang 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 ¥748 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.


Wushang Group Co  (SZSE:000501) EBIT Explanation

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

Wushang 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 )
=871.032 * ( 1 - 27.75% )/( (33864.537 + 33988.188)/ 2 )
=629.32062/33926.3625
=1.85 %

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))
=31811.859 - 5825.429 - ( 3073.26 - max(0, 13753.51 - 5875.403+3073.26))
=33864.537

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))
=32111.628 - 5344.129 - ( 3709.146 - max(0, 13654.59 - 6433.901+3709.146))
=33988.188

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

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

Wushang 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 )
=1135.52/( ( (16621.845 + max(-8213.932, 0)) + (16507.869 + max(-8048.587, 0)) )/ 2 )
=1135.52/( ( 16621.845 + 16507.869 )/ 2 )
=1135.52/16564.857
=6.85 %

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)
=(66.617 + 1738.467 + 766.761) - (5825.429 + 0 + 4960.348)
=-8213.932

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(103.633 + 1644.123 + 798.939) - (5344.129 + 0 + 5251.153)
=-8048.587

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=747.526/12120.834
=6.17 %

* 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.


Wushang Group Co EBIT Related Terms

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Wushang Group Co (SZSE:000501) Business Description

Traded in Other Exchanges
N/A
Address
No. 690 Jiefang Avenue, Wuhan International Plaza, Jianghan District, 8th Floor, Hankou, Wuhan, CHN, 430022
Wushang Group Co Ltd is engaged in the operation and development of the retail industry. The company operates as a commercial city, shopping malls, and supermarket chains. Its business includes Tender Notice, New supply chain for department stores, New Department, New supply chain for supermarkets, and New Supermarket.
Executives
Lu Xiang Min Director
Xiong Hai Yun Director
Li Dong Executives
Zhu Xi Directors, executives
Wang Bin Executives
Yue Qin Fang Independent director
Yin Bai Gao Supervisors
Zhang Yu Yan Supervisors
Li Xuan Secretary Dong
Chen Jun Director
Liu Jiang Chao Directors, executives
Liu Xiao Bei Directors, executives
Wang Bin Executives
You Zhi Hua Supervisors
Luo Ming Director

Wushang Group Co (SZSE:000501) Headlines

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