GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Eternal Asia Supply Chain Management Ltd (SZSE:002183) » Definitions » EBIT

Eternal Asia Supply Chain Management (SZSE:002183) EBIT : ¥1,451 Mil (TTM As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Eternal Asia Supply Chain Management EBIT?

Eternal Asia Supply Chain Management's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥330 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,451 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Eternal Asia Supply Chain Management's annualized ROC % for the quarter that ended in Mar. 2024 was 2.33%. Eternal Asia Supply Chain Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Eternal Asia Supply Chain Management's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.77%.


Eternal Asia Supply Chain Management EBIT Historical Data

The historical data trend for Eternal Asia Supply Chain Management'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.

Eternal Asia Supply Chain Management EBIT Chart

Eternal Asia Supply Chain Management 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 1,773.92 1,719.94 1,988.46 1,618.20 1,528.98

Eternal Asia Supply Chain Management 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 408.23 372.34 376.95 371.47 330.41

Competitive Comparison of Eternal Asia Supply Chain Management's EBIT

For the Specialty Business Services subindustry, Eternal Asia Supply Chain Management'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.


Eternal Asia Supply Chain Management's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Eternal Asia Supply Chain Management's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Eternal Asia Supply Chain Management's EV-to-EBIT falls into.



Eternal Asia Supply Chain Management 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 ¥1,451 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.


Eternal Asia Supply Chain Management  (SZSE:002183) EBIT Explanation

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

Eternal Asia Supply Chain Management'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 )
=1165.72 * ( 1 - 34.96% )/( (32293.368 + 32855.714)/ 2 )
=758.184288/32574.541
=2.33 %

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))
=54209.592 - 20179.16 - ( 13730.106 - max(0, 41090.898 - 42827.962+13730.106))
=32293.368

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))
=51373.5 - 16148.224 - ( 10254.615 - max(0, 37625.174 - 39994.736+10254.615))
=32855.714

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

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

Eternal Asia Supply Chain Management'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 )
=1321.636/( ( (4287.87 + max(4711.228, 0)) + (4330.109 + max(9564.351, 0)) )/ 2 )
=1321.636/( ( 8999.098 + 13894.46 )/ 2 )
=1321.636/11446.779
=11.55 %

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)
=(15678.719 + 7458.019 + 3097.461) - (20179.16 + 0 + 1343.811)
=4711.228

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15922.042 + 7896.908 + 3180.03) - (16148.224 + 0 + 1286.405)
=9564.351

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:

Eternal Asia Supply Chain Management's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1451.161/21432.720
=6.77 %

* 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.


Eternal Asia Supply Chain Management EBIT Related Terms

Thank you for viewing the detailed overview of Eternal Asia Supply Chain Management's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Eternal Asia Supply Chain Management (SZSE:002183) Business Description

Traded in Other Exchanges
N/A
Address
No. 3039 Shennan Middle Road, International Cultural Building, 27th Floor, Futian District, Shenzhen, CHN, 518033
Eternal Asia Supply Chain Management Ltd provides supply chain management services. It business areas cover sectors such as FMCG, IT, communications, and medical care.
Executives
Feng Wei Executives
Zhang Xiang Independent director
Zhang Shao Zhong Supervisors
Liang Xin Executives
Zhou Guo Hui Directors, executives
Xia Bin Directors, executives
Chang Xiao Yan Securities Affairs Representative
Ceng Fan Li Executives
Huang Wei Qun Supervisors
Li Qian Yi Executives
Chen Wei Min Directors, executives

Eternal Asia Supply Chain Management (SZSE:002183) Headlines

No Headlines