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Sinosoft Co (SHSE:603927) EBIT : ¥651 Mil (TTM As of Mar. 2024)


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What is Sinosoft Co EBIT?

Sinosoft Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥651 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sinosoft Co's annualized ROC % for the quarter that ended in Mar. 2024 was 7.23%. Sinosoft Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 71.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sinosoft Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.99%.


Sinosoft Co EBIT Historical Data

The historical data trend for Sinosoft 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.

Sinosoft Co EBIT Chart

Sinosoft 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 405.81 486.96 597.97 643.75 645.36

Sinosoft 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 24.57 186.73 159.96 274.10 29.92

Competitive Comparison of Sinosoft Co's EBIT

For the Software - Application subindustry, Sinosoft 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.


Sinosoft Co's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Sinosoft Co's EV-to-EBIT distribution charts can be found below:

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



Sinosoft 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 ¥651 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.


Sinosoft Co  (SHSE:603927) EBIT Explanation

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

Sinosoft 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 )
=183.98 * ( 1 - 12.49% )/( (2021.543 + 2433.898)/ 2 )
=161.000898/2227.7205
=7.23 %

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))
=7174.98 - 2222.233 - ( 3033.042 - max(0, 3902.598 - 6833.802+3033.042))
=2021.543

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))
=6968.791 - 2141.604 - ( 2393.289 - max(0, 3669.975 - 6637.356+2393.289))
=2433.898

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

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

Sinosoft 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 )
=119.664/( ( (172.961 + max(-1346.203, 0)) + (163.473 + max(-929.727, 0)) )/ 2 )
=119.664/( ( 172.961 + 163.473 )/ 2 )
=119.664/168.217
=71.14 %

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)
=(1180.357 + 656.469 + 696.966) - (2222.233 + 0 + 1657.762)
=-1346.203

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1206.549 + 712.523 + 803.607) - (2141.604 + 0 + 1510.802)
=-929.727

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=650.704/13052.678
=4.99 %

* 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.


Sinosoft Co EBIT Related Terms

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Sinosoft Co (SHSE:603927) Business Description

Traded in Other Exchanges
N/A
Address
Building 6, Xinkexiangyuan,, Zhongguancun, Haidian District, Beijing, CHN, 100190
Sinosoft Co Ltd operates as a software developer and solutions provider. The companies software is actively used in many industries such as medical, energy, civil aviation, government and others. Further, it provides overall planning, technical support, supervision, training and consulting services.
Executives
Sun Xi Jie Directors, senior managers
Xie Zhong Yang senior management
Cai Hong senior management
Wang Xin senior management
Sun Jing senior management
Xing Li Directors, senior managers
Zhang Zhi Hua senior management
Zuo Chun Directors, senior managers
Wang Wan Cheng senior management
Zhang Wei Directors, senior managers
Zhang Tian Ban Supervisors
Liang Geng Director
Zhong Hua Director

Sinosoft Co (SHSE:603927) Headlines

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