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iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Earnings Yield (Joel Greenblatt) % : -3.10% (As of Dec. 2023)


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What is iMotion Automotive Technology (Suzhou) Co Earnings Yield (Joel Greenblatt) %?

iMotion Automotive Technology (Suzhou) Co's Enterprise Value for the quarter that ended in Dec. 2023 was HK$6,831 Mil. iMotion Automotive Technology (Suzhou) Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-212 Mil. iMotion Automotive Technology (Suzhou) Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -3.10%.

The historical rank and industry rank for iMotion Automotive Technology (Suzhou) Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

HKSE:01274' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.46   Med: -2.01   Max: -1.03
Current: -1.58

During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of iMotion Automotive Technology (Suzhou) Co was -1.03%. The lowest was -6.46%. And the median was -2.01%.

HKSE:01274's Earnings Yield (Joel Greenblatt) % is ranked worse than
83.27% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 5.81 vs HKSE:01274: -1.58

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. iMotion Automotive Technology (Suzhou) Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


iMotion Automotive Technology (Suzhou) Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for iMotion Automotive Technology (Suzhou) Co's Earnings Yield (Joel Greenblatt) % 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.

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iMotion Automotive Technology (Suzhou) Co Earnings Yield (Joel Greenblatt) % Chart

iMotion Automotive Technology (Suzhou) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
- - - -3.10

iMotion Automotive Technology (Suzhou) Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial - - - - -3.10

Competitive Comparison of iMotion Automotive Technology (Suzhou) Co's Earnings Yield (Joel Greenblatt) %

For the Auto Parts subindustry, iMotion Automotive Technology (Suzhou) Co's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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.


iMotion Automotive Technology (Suzhou) Co's Earnings Yield (Joel Greenblatt) % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, iMotion Automotive Technology (Suzhou) Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where iMotion Automotive Technology (Suzhou) Co's Earnings Yield (Joel Greenblatt) % falls into.



iMotion Automotive Technology (Suzhou) Co Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

iMotion Automotive Technology (Suzhou) Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-211.933/6830.995
=-3.10 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.



iMotion Automotive Technology (Suzhou) Co  (HKSE:01274) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


iMotion Automotive Technology (Suzhou) Co Earnings Yield (Joel Greenblatt) % Related Terms

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iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
19/F and 20/F Building G2, 88 Jinji Lake Avenue, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN
iMotion Automotive Technology (Suzhou) Co Ltd is an autonomous driving solution provider in China with a focus on AD domain controllers. It offers a wide range of autonomous driving solutions and products and also provide OEMs with various AD domain control units. It has commercialized two AD domain controller product lines which support level 2 to level 2+ autonomous driving functions, covering a wide price range of passenger vehicles and all types of driving scenarios, including highways, ring roads, complex urban roads, country roads, and parking areas. In addition to SuperVisionTM, it also provide self-designed and self-developed iDC series which includes iDC Mid and iDC High.

iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Headlines

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