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Zhejiang Semir Garment Co (SZSE:002563) EBIT : ¥1,512 Mil (TTM As of Mar. 2024)


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What is Zhejiang Semir Garment Co EBIT?

Zhejiang Semir Garment Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥453 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,512 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhejiang Semir Garment Co's annualized ROC % for the quarter that ended in Mar. 2024 was 27.21%. Zhejiang Semir Garment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 84.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhejiang Semir Garment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 18.10%.


Zhejiang Semir Garment Co EBIT Historical Data

The historical data trend for Zhejiang Semir Garment 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.

Zhejiang Semir Garment Co EBIT Chart

Zhejiang Semir Garment 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 2,147.90 1,098.41 1,942.83 885.92 1,502.89

Zhejiang Semir Garment 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 443.59 232.61 476.00 350.69 453.19

Competitive Comparison of Zhejiang Semir Garment Co's EBIT

For the Apparel Manufacturing subindustry, Zhejiang Semir Garment 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.


Zhejiang Semir Garment Co's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Semir Garment Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Semir Garment Co's EV-to-EBIT falls into.



Zhejiang Semir Garment 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 ¥1,512 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.


Zhejiang Semir Garment Co  (SZSE:002563) EBIT Explanation

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

Zhejiang Semir Garment 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 )
=1996.004 * ( 1 - 23.24% )/( (5776.105 + 5483.445)/ 2 )
=1532.1326704/5629.775
=27.21 %

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))
=17936.917 - 5035.857 - ( 8478.402 - max(0, 6281.064 - 13406.019+8478.402))
=5776.105

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))
=18148.208 - 4842.576 - ( 9173.65 - max(0, 6144.58 - 13966.767+9173.65))
=5483.445

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

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

Zhejiang Semir Garment 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 )
=1812.764/( ( (2146.705 + max(-1223.609, 0)) + (2145.48 + max(-1259.7, 0)) )/ 2 )
=1812.764/( ( 2146.705 + 2145.48 )/ 2 )
=1812.764/2146.0925
=84.47 %

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)
=(1343 + 2746.692 + 789.52) - (5035.857 + 0 + 1066.964)
=-1223.609

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1020.629 + 2586.803 + 1096.364) - (4842.576 + 0 + 1120.92)
=-1259.7

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:

Zhejiang Semir Garment Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1512.494/8355.037
=18.10 %

* 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.


Zhejiang Semir Garment Co EBIT Related Terms

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Zhejiang Semir Garment Co (SZSE:002563) Business Description

Traded in Other Exchanges
N/A
Address
No. 98, Nanhui Road, Yongqiao Industrial Park, Ouhai District, Zhejiang, Wenzhou, CHN, 325006
Zhejiang Semir Garment Co Ltd produces a series of adult leisure clothing and children's clothes. The company currently has two online branded services - Semir and Balabala. The company offers adult casual wear for an age group of 16 to 30 years and professional and fashionable children's wear for an age group of 0-14 years. The company brands include Semir, Balabala, The Children's Place, Marcolor, It MICHAA, Sarabanda, and others.
Executives
Qiu Guang He Director
Zhong De Da Executives
Zhang Hong Liang Executives
Shao Fei Chun Director
Xu Bo Directors, executives
Zhang Wei Executives
Chen Jia Ning Executives
Huang Jian Zhong Executives
Chen Xin Sheng Directors, executives
Qiu Jian Qiang Director
Fan Ya Jie Securities Affairs Representative
Zhou Ping Fan Directors, executives
Zong Hui Chun Securities Affairs Representative

Zhejiang Semir Garment Co (SZSE:002563) Headlines

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