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Doctorglasses Chain Co (SZSE:300622) EBIT : ¥156 Mil (TTM As of Mar. 2024)


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What is Doctorglasses Chain Co EBIT?

Doctorglasses Chain Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥34 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥156 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Doctorglasses Chain Co's annualized ROC % for the quarter that ended in Mar. 2024 was 13.00%. Doctorglasses Chain Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 32.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Doctorglasses Chain Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.51%.


Doctorglasses Chain Co EBIT Historical Data

The historical data trend for Doctorglasses Chain 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.

Doctorglasses Chain Co EBIT Chart

Doctorglasses Chain 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 78.87 86.84 130.33 101.86 171.81

Doctorglasses Chain 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 49.55 38.11 40.09 44.07 33.95

Competitive Comparison of Doctorglasses Chain Co's EBIT

For the Specialty Retail subindustry, Doctorglasses Chain 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.


Doctorglasses Chain Co's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Doctorglasses Chain Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Doctorglasses Chain Co's EV-to-EBIT falls into.



Doctorglasses Chain 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 ¥156 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.


Doctorglasses Chain Co  (SZSE:300622) EBIT Explanation

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

Doctorglasses Chain 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 )
=138.748 * ( 1 - 21.26% )/( (813.616 + 866.926)/ 2 )
=109.2501752/840.271
=13.00 %

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))
=1121.775 - 114.618 - ( 193.541 - max(0, 213.954 - 576.92+193.541))
=813.616

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))
=1202.751 - 162.084 - ( 173.741 - max(0, 269.572 - 657.419+173.741))
=866.926

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

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

Doctorglasses Chain 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 )
=135.8/( ( (189.863 + max(198.875, 0)) + (193.048 + max(253.335, 0)) )/ 2 )
=135.8/( ( 388.738 + 446.383 )/ 2 )
=135.8/417.5605
=32.52 %

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)
=(64.349 + 174.417 + 93.001) - (114.618 + 0 + 18.274)
=198.875

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(91.107 + 221.849 + 119.544) - (162.084 + 0 + 17.081)
=253.335

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:

Doctorglasses Chain Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=156.212/2397.895
=6.51 %

* 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.


Doctorglasses Chain Co EBIT Related Terms

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Doctorglasses Chain Co (SZSE:300622) Business Description

Traded in Other Exchanges
N/A
Address
4028 Jintian Road, 2nd Floor, Rongchao Economic and Trade Center, Futian District, Shenzhen, CHN, 518038
Doctorglasses Chain Co Ltd operates as a retail chain company which is engaged in the eyeglasses business in China. The company offers glasses under the President optical and doctor glasses Zele brand name. It offers reading glasses, sunglasses, frames and lenses, contact lenses, contact lens liquid solution and others.
Executives
Liu Zhi Ming Directors, executives
Zheng Qing Qiu Executives
He Qing Bai Executives
Director
Liu Kai Yue Directors, executives
Xiong Dan Securities Affairs Representative

Doctorglasses Chain Co (SZSE:300622) Headlines

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