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Lijiang Yulong Tourism Co (SZSE:002033) EBIT : ¥300.9 Mil (TTM As of Mar. 2024)


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What is Lijiang Yulong Tourism Co EBIT?

Lijiang Yulong Tourism Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥72.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥300.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lijiang Yulong Tourism Co's annualized ROC % for the quarter that ended in Mar. 2024 was 11.27%. Lijiang Yulong Tourism Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 21.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lijiang Yulong Tourism Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.09%.


Lijiang Yulong Tourism Co EBIT Historical Data

The historical data trend for Lijiang Yulong Tourism 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.

Lijiang Yulong Tourism Co EBIT Chart

Lijiang Yulong Tourism 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 279.40 91.24 -14.58 -6.91 300.69

Lijiang Yulong Tourism 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 72.11 90.62 110.29 27.67 72.32

Competitive Comparison of Lijiang Yulong Tourism Co's EBIT

For the Lodging subindustry, Lijiang Yulong Tourism 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.


Lijiang Yulong Tourism Co's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lijiang Yulong Tourism Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lijiang Yulong Tourism Co's EV-to-EBIT falls into.



Lijiang Yulong Tourism 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 ¥300.9 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.


Lijiang Yulong Tourism Co  (SZSE:002033) EBIT Explanation

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

Lijiang Yulong Tourism 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 )
=289.292 * ( 1 - 18.32% )/( (2081.89 + 2112.265)/ 2 )
=236.2937056/2097.0775
=11.27 %

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))
=2924.034 - 266.906 - ( 753.385 - max(0, 274.102 - 849.34+753.385))
=2081.89

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))
=2978.555 - 252.743 - ( 810.947 - max(0, 265.289 - 878.836+810.947))
=2112.265

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

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

Lijiang Yulong Tourism 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 )
=289.292/( ( (1347.513 + max(-179.57, 0)) + (1388.588 + max(-201.776, 0)) )/ 2 )
=289.292/( ( 1347.513 + 1388.588 )/ 2 )
=289.292/1368.0505
=21.15 %

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)
=(9.524 + 17.724 + 66.181) - (266.906 + 0 + 6.093)
=-179.57

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.25 + 17.754 + 32.406) - (252.743 + 0 + 11.443)
=-201.776

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:

Lijiang Yulong Tourism Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=300.905/4242.987
=7.09 %

* 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.


Lijiang Yulong Tourism Co EBIT Related Terms

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Lijiang Yulong Tourism Co (SZSE:002033) Business Description

Traded in Other Exchanges
N/A
Address
No. 760, Xianggeli Avenue, Lijiang Yulong Tourism Building, Gucheng District, Yunnan Province, Lijiang, CHN, 674100
Lijiang Yulong Tourism Co Ltd is a comprehensive tourism group enterprise. It generally covers ropeway services, eco-car transportation, tourism souvenir development, hotel services, cultural performances, catering services, travel agencies and research and development of biological resources. Further, it is also involved in providing cableway services and other ancillary services. Geographically, the activities are carried out through the region of China.
Executives
Deng Li Xing Supervisors
Yang Ning Directors, executives
Liu Xiao Hua Directors, executives
Wang Xia Supervisors, within half a year of separation
Hao Gang Supervisors

Lijiang Yulong Tourism Co (SZSE:002033) Headlines

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