Hi Sun Technology (China) (Hi Sun Technology (China)) EBIT : $61.7 Mil (TTM As of Dec. 2023)

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What is Hi Sun Technology (China) EBIT?

Hi Sun Technology (China)'s earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $24.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $61.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hi Sun Technology (China)'s annualized ROC % for the quarter that ended in Dec. 2023 was 1.36%. Hi Sun Technology (China)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 238.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hi Sun Technology (China)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -20.67%.

Hi Sun Technology (China) EBIT Historical Data

The historical data trend for Hi Sun Technology (China)'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.

Hi Sun Technology (China) EBIT Chart

Hi Sun Technology (China) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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99.87

113.91

481.48

92.45

61.81

Hi Sun Technology (China) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															46.02	50.62	41.42	37.43	24.27

Competitive Comparison of Hi Sun Technology (China)'s EBIT

For the Software - Infrastructure subindustry, Hi Sun Technology (China)'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.

Hi Sun Technology (China)'s EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Hi Sun Technology (China)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hi Sun Technology (China)'s EV-to-EBIT falls into.

Hi Sun Technology (China) 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $61.7 Mil.

Hi Sun Technology (China) (OTCPK:HISNF) EBIT Explanation

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

Hi Sun Technology (China)'s annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	9.41 * ( 1 - 16.29% )	/	( (587.648	+	567.947)	/ 2 )
=	7.877111	/	577.7975
=	1.36 %

where

	Invested Capital		(Q: Jun. 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	))
=	1326.334	-	321.726	-	( 416.96	-	max(0, 355.381	-	840.617	+	416.96	))
=	587.648

	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	))
=	1668.637	-	625.787	-	( 474.903	-	max(0, 669.945	-	1176.792	+	474.903	))
=	567.947

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Hi Sun Technology (China)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	48.548	/	( ( (21.809 + max(-170.098, 0))	+	(18.851 + max(-177.75, 0)) )	/	2 )
=	48.548	/	( ( 21.809	+	18.851 )	/	2 )
=	48.548	/	20.33
=	238.80 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(25.851	+	2.434	+	153.727)	-	(321.726	+	0	+	30.384)
=	-170.098

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(23.975	+	2.494	+	457.451)	-	(625.787	+	0	+	35.883)
=	-177.75

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Hi Sun Technology (China)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	61.701	/	-298.463
	=	-20.67 %

Hi Sun Technology (China) EBIT Related Terms

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Hi Sun Technology (China) (Hi Sun Technology (China)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hi Sun Technology (China) Ltd (OTCPK:HISNF) » Definitions » EBIT

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00818:Hong Kong

Address

30 Harbour Road, Room 2515, 25th Floor, Sun Hung Kai Centre, Wanchai, HKG

Website

http://www.hisun.com.hk

Hi Sun Technology (China) Ltd has five operating segments: payment processing, financial solutions, electronic power meters, Information security chips & solutions, and platform operation solutions. The payment processing solutions segment is engaged in the provision of payment processing services, merchant recruiting, and related products and solutions. Financial solutions provide consulting, integration, and operation services of information technology products to financial institutions and banks. The firm manufactures electronic power meters primarily for the public sector. Platform operation solutions provide operational support for telecom and payment platform solutions. Its geographical segments are Mainland China and Hong Kong.

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