Anhui Chaoyue Environmental Protection Technology Co (SZSE:301049) EBIT : ¥-109.5 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Anhui Chaoyue Environmental Protection Technology Co EBIT?

Anhui Chaoyue Environmental Protection Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-9.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-109.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Anhui Chaoyue Environmental Protection Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 was -3.48%. Anhui Chaoyue Environmental Protection Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -4.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Anhui Chaoyue Environmental Protection Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -4.53%.

Anhui Chaoyue Environmental Protection Technology Co EBIT Historical Data

The historical data trend for Anhui Chaoyue Environmental Protection Technology 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.

Anhui Chaoyue Environmental Protection Technology Co EBIT Chart

Anhui Chaoyue Environmental Protection Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

92.11

158.00

98.59

-23.12

-109.17

Anhui Chaoyue Environmental Protection Technology Co Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															-8.83	-28.27	-14.95	-57.13	-9.20

Competitive Comparison of Anhui Chaoyue Environmental Protection Technology Co's EBIT

For the Waste Management subindustry, Anhui Chaoyue Environmental Protection Technology 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.

Anhui Chaoyue Environmental Protection Technology Co's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Anhui Chaoyue Environmental Protection Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Anhui Chaoyue Environmental Protection Technology Co's EV-to-EBIT falls into.

Anhui Chaoyue Environmental Protection Technology 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 ¥-109.5 Mil.

Anhui Chaoyue Environmental Protection Technology Co (SZSE:301049) EBIT Explanation

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

Anhui Chaoyue Environmental Protection Technology 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 )
=	-36.796 * ( 1 - 0% )	/	( (1040.072	+	1075.64)	/ 2 )
=	-36.796	/	1057.856
=	-3.48 %

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	))
=	1248.037	-	150.194	-	( 67.74	-	max(0, 264.218	-	321.989	+	67.74	))
=	1040.072

	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	))
=	1242.71	-	139.756	-	( 27.314	-	max(0, 260.97	-	298.847	+	27.314	))
=	1075.64

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

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

Anhui Chaoyue Environmental Protection Technology 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 )
=	-36.796	/	( ( (715.903 + max(71.346, 0))	+	(721.232 + max(91.573, 0)) )	/	2 )
=	-36.796	/	( ( 787.249	+	812.805 )	/	2 )
=	-36.796	/	800.027
=	-4.60 %

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)
=	(187.451	+	21.973	+	32.687)	-	(150.194	+	0	+	20.571)
=	71.346

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(191.627	+	26.994	+	40.939)	-	(139.756	+	0	+	28.231)
=	91.573

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:

Anhui Chaoyue Environmental Protection Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-109.544	/	2416.916
	=	-4.53 %

Anhui Chaoyue Environmental Protection Technology Co EBIT Related Terms

Thank you for viewing the detailed overview of Anhui Chaoyue Environmental Protection Technology Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Anhui Chaoyue Environmental Protection Technology Co (SZSE:301049) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Anhui Chaoyue Environmental Protection Technology Co (SZSE:301049) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Youfang Village, Shahe Town, Nanqiao District, Anhui Province, Chuzhou, CHN, 239060

Website

http://www.ah-cy.cn

Anhui Chaoyue Environmental Technology Co Ltd is a environmental protection enterprise specializing in the professional disposal of industrial hazardous waste, medical waste, dismantling of waste electrical and electronic products, comprehensive utilization of resources, and research and development of energy-saving and environmental protection technologies.

Anhui Chaoyue Environmental Protection Technology Co (SZSE:301049) Headlines

No Headlines