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Global Top E-Commerce Co (SZSE:002640) EBIT : ¥160 Mil (TTM As of Mar. 2024)


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What is Global Top E-Commerce Co EBIT?

Global Top E-Commerce Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥25 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥160 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Global Top E-Commerce Co's annualized ROC % for the quarter that ended in Mar. 2024 was 22.28%. Global Top E-Commerce Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 209.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Global Top E-Commerce Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.76%.


Global Top E-Commerce Co EBIT Historical Data

The historical data trend for Global Top E-Commerce 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.

Global Top E-Commerce Co EBIT Chart

Global Top E-Commerce 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 -2,773.72 -1,675.11 909.42 174.52 184.87

Global Top E-Commerce 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 49.41 49.85 25.58 60.02 24.80

Competitive Comparison of Global Top E-Commerce Co's EBIT

For the Internet Retail subindustry, Global Top E-Commerce 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.


Global Top E-Commerce Co's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Global Top E-Commerce Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Global Top E-Commerce Co's EV-to-EBIT falls into.



Global Top E-Commerce 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 ¥160 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.


Global Top E-Commerce Co  (SZSE:002640) EBIT Explanation

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

Global Top E-Commerce 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 )
=223.984 * ( 1 - -88.89% )/( (1892.076 + 1905.728)/ 2 )
=423.0833776/1898.902
=22.28 %

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))
=3742.088 - 1809.215 - ( 304.859 - max(0, 1918.782 - 1959.579+304.859))
=1892.076

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))
=3826.536 - 1895.46 - ( 276.358 - max(0, 2020.815 - 2046.163+276.358))
=1905.728

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

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

Global Top E-Commerce 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 )
=99.184/( ( (50.031 + max(-898.793, 0)) + (44.609 + max(-862.361, 0)) )/ 2 )
=99.184/( ( 50.031 + 44.609 )/ 2 )
=99.184/47.32
=209.60 %

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)
=(332.237 + 523.079 + 146.634) - (1809.215 + 0 + 91.528)
=-898.793

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(606.526 + 393.324 + 142.509) - (1895.46 + 0 + 109.26)
=-862.361

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:

Global Top E-Commerce Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=160.258/3364.321
=4.76 %

* 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.


Global Top E-Commerce Co EBIT Related Terms

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Global Top E-Commerce Co (SZSE:002640) Business Description

Traded in Other Exchanges
N/A
Address
No. 632 Jianshe South Road, Shanxi, Taiyuan, CHN, 030006
Global Top E-Commerce Co Ltd is a China-based cross-border e-commerce enterprise. It distributes apparel and household products, electronic products, dress and personal adornment and cosmetics and other products through its e-commerce distribution platforms.
Executives
Yang Jian Xin Executives
Wang Li Zhu Independent director
Cai Zhao Bao Executives
Li Yong Director
Wu Yi Yi Executives
Gong Jian Supervisors
Lin Xu Chao Executives
Zhang Qian Supervisors
Ban Jun Peng Executives
Ji Yong Executives
Zhang Hong Xia Directors, Directors, and Executives
Xie Yu Jia Executives
Lu Pei Gang Director
Li Yu Xia Directors, executives
Gao Li Supervisors

Global Top E-Commerce Co (SZSE:002640) Headlines

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