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Cnnc Hua Yuan Titanium Dioxide Co (SZSE:002145) EBIT : ¥606 Mil (TTM As of Mar. 2024)


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What is Cnnc Hua Yuan Titanium Dioxide Co EBIT?

Cnnc Hua Yuan Titanium Dioxide Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥180 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥606 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cnnc Hua Yuan Titanium Dioxide Co's annualized ROC % for the quarter that ended in Mar. 2024 was 3.63%. Cnnc Hua Yuan Titanium Dioxide Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cnnc Hua Yuan Titanium Dioxide Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.05%.


Cnnc Hua Yuan Titanium Dioxide Co EBIT Historical Data

The historical data trend for Cnnc Hua Yuan Titanium Dioxide 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.

Cnnc Hua Yuan Titanium Dioxide Co EBIT Chart

Cnnc Hua Yuan Titanium Dioxide 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 559.65 623.58 1,488.58 776.34 552.76

Cnnc Hua Yuan Titanium Dioxide 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 127.55 140.60 159.76 124.84 180.31

Competitive Comparison of Cnnc Hua Yuan Titanium Dioxide Co's EBIT

For the Chemicals subindustry, Cnnc Hua Yuan Titanium Dioxide 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.


Cnnc Hua Yuan Titanium Dioxide Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cnnc Hua Yuan Titanium Dioxide Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Cnnc Hua Yuan Titanium Dioxide Co's EV-to-EBIT falls into.



Cnnc Hua Yuan Titanium Dioxide 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 ¥606 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.


Cnnc Hua Yuan Titanium Dioxide Co  (SZSE:002145) EBIT Explanation

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

Cnnc Hua Yuan Titanium Dioxide 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 )
=491.348 * ( 1 - 17.3% )/( (11054.477 + 11303.669)/ 2 )
=406.344796/11179.073
=3.63 %

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))
=18535.584 - 2803.348 - ( 7565.02 - max(0, 5157.699 - 9835.458+7565.02))
=11054.477

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))
=19266.186 - 2844.217 - ( 7666.221 - max(0, 5425.131 - 10543.431+7666.221))
=11303.669

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

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

Cnnc Hua Yuan Titanium Dioxide 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 )
=721.224/( ( (6566.816 + max(-775.053, 0)) + (6586.113 + max(-344.822, 0)) )/ 2 )
=721.224/( ( 6566.816 + 6586.113 )/ 2 )
=721.224/6576.4645
=10.97 %

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)
=(828.882 + 1005.831 + 273.547) - (2803.348 + 0 + 79.964999999999)
=-775.053

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(855.345 + 1324.201 + 360.199) - (2844.217 + 0 + 40.35)
=-344.822

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:

Cnnc Hua Yuan Titanium Dioxide Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=605.508/11989.013
=5.05 %

* 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.


Cnnc Hua Yuan Titanium Dioxide Co EBIT Related Terms

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Cnnc Hua Yuan Titanium Dioxide Co (SZSE:002145) Business Description

Traded in Other Exchanges
N/A
Address
Number 8 Xingfu Road, Zhangjing Industrial Park, Xibei Town, Xishan District, Jiangsu Province, Wuxi, CHN, 214194
Cnnc Hua Yuan Titanium Dioxide Co Ltd engages in the production, marketing, and service of titanium dioxide powder in China and internationally. Its products are used in the coating, printing ink, décor paper/laminate, and plastic industries.
Executives
Shen Xin Director
Han Yu Chen Secretary, Director
Yuan Qiu Li Directors, executives
Hu Yue Han Director
Mei Ke Chun Directors, executives
Fan Xi Cheng Director
Qiu Bei Directors, executives
You Cui Chun Directors, executives
Hu Jian Long Director
Li Jian Feng Directors, executives
Chen Fu Qiang Director
Wang Xiong Ya Supervisors
Jian Fu Ren Supervisors
Xin Cheng Xiang Supervisors

Cnnc Hua Yuan Titanium Dioxide Co (SZSE:002145) Headlines

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