GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yuan Longping High-tech Agriculture Co Ltd (SZSE:000998) » Definitions » EBIT

Yuan Longping High-tech Agriculture Co (SZSE:000998) EBIT : ¥752 Mil (TTM As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Yuan Longping High-tech Agriculture Co EBIT?

Yuan Longping High-tech Agriculture Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥176 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥752 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yuan Longping High-tech Agriculture Co's annualized ROC % for the quarter that ended in Mar. 2024 was 4.86%. Yuan Longping High-tech Agriculture Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Yuan Longping High-tech Agriculture Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.13%.

Yuan Longping High-tech Agriculture Co EBIT Historical Data

The historical data trend for Yuan Longping High-tech Agriculture 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.

Yuan Longping High-tech Agriculture Co EBIT Chart

Yuan Longping High-tech Agriculture 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 118.38 518.69 367.73 -107.12 873.80

Yuan Longping High-tech Agriculture 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 297.91 -230.45 -358.07 1,164.41 176.48

Competitive Comparison of Yuan Longping High-tech Agriculture Co's EBIT

For the Farm Products subindustry, Yuan Longping High-tech Agriculture 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.

Yuan Longping High-tech Agriculture Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yuan Longping High-tech Agriculture Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Yuan Longping High-tech Agriculture Co's EV-to-EBIT falls into.


Yuan Longping High-tech Agriculture 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 ¥752 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.

Yuan Longping High-tech Agriculture Co  (SZSE:000998) EBIT Explanation

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

Yuan Longping High-tech Agriculture 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 )
=694.492 * ( 1 - -72.84% )/( (25512.775 + 23916.599)/ 2 )
=1200.3599728/24714.687
=4.86 %

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))
=27747.979 - 2902.87 - ( 4436.813 - max(0, 12675.691 - 12008.025+4436.813))
=25512.775

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))
=26897.844 - 2619.132 - ( 3448.735 - max(0, 10853.653 - 11215.766+3448.735))
=23916.599

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

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

Yuan Longping High-tech Agriculture 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 )
=705.932/( ( (4170.628 + max(1773.605, 0)) + (4230.203 + max(3209.63, 0)) )/ 2 )
=705.932/( ( 5944.233 + 7439.833 )/ 2 )
=705.932/6692.033
=10.55 %

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)
=(2039.882 + 4555.243 + 772.726) - (2902.87 + 0 + 2691.376)
=1773.605

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2462.877 + 4148.061 + 936.356) - (2619.132 + 0 + 1718.532)
=3209.63

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:

Yuan Longping High-tech Agriculture Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=752.375/24053.248
=3.13 %

* 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.

Yuan Longping High-tech Agriculture Co EBIT Related Terms

Thank you for viewing the detailed overview of Yuan Longping High-tech Agriculture Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Yuan Longping High-tech Agriculture Co (SZSE:000998) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yuan Longping High-tech Agriculture Co Ltd (SZSE:000998) » Definitions » EBIT
Comparable Companies
SZSE:300761 SHSE:601952 SHSE:605296 SZSE:002385 SZSE:002299 SHSE:600095 SHSE:600975 SZSE:002458 SHSE:600598 SZSE:000048 SZSE:002714 ADM TSN SZSE:300498 BG SHSE:600438 OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN
Traded in Other Exchanges
N/A
Address
No.459 Chezhan(N)Road, Securities Building, Hunan Province, Changsha, CHN, 410001
Website
http://www.lpht.com.cn
Yuan Longping High-tech Agriculture Co Ltd is a China-based company engaged in the research, production, and sale of seeds, hybrid rice, pepper, corn, cotton, and vegetables. In addition, the company also provides agricultural services like precision planting technology, new professional peasant training, quality grain trading platform, cultivated land rehabilitation and development, brand agriculture and agricultural finance. The company creates an agricultural integrated service platform by including peasants, dealers and other means of agricultural production, finance, and other partners into the integrated service ecological circle.
Executives
Wang Yi Bo Director
Liao Cui Meng Directors, executives
Zhang Xiu Kuan Directors, executives
Tao Yang Director
Gong Jun Tao Executives
Sun Wei Hua Supervisors
Zou Ji Jun Executives
Long He Ping Executives
Qi Shao Wu Director
Peng Guang Jian Executives
Ma De Hua Director
Yang Yuan Zhu Executives
Yuan Ding Jiang Directors, executives
Wu Yue Shi Director
Chen Zhi Xin Secretary Dong

Yuan Longping High-tech Agriculture Co (SZSE:000998) Headlines

No Headlines