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TCL Technology Group (SZSE:000100) EBIT : ¥9,648 Mil (TTM As of Mar. 2024)


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What is TCL Technology Group EBIT?

TCL Technology Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥871 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥9,648 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TCL Technology Group's annualized ROC % for the quarter that ended in Mar. 2024 was 0.90%. TCL Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TCL Technology Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.65%.


TCL Technology Group EBIT Historical Data

The historical data trend for TCL Technology Group'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.

TCL Technology Group EBIT Chart

TCL Technology Group 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 6,014.05 8,330.17 21,708.98 5,525.06 9,973.94

TCL Technology Group 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 1,196.08 3,420.49 5,190.59 166.78 870.55

Competitive Comparison of TCL Technology Group's EBIT

For the Semiconductor Equipment & Materials subindustry, TCL Technology Group'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.


TCL Technology Group's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, TCL Technology Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where TCL Technology Group's EV-to-EBIT falls into.



TCL Technology Group 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 ¥9,648 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.


TCL Technology Group  (SZSE:000100) EBIT Explanation

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

TCL Technology Group'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 )
=4049.22 * ( 1 - 28.45% )/( (318705.4 + 322601.051)/ 2 )
=2897.21691/320653.2255
=0.90 %

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))
=382859.086 - 61080.536 - ( 45108.388 - max(0, 99225.149 - 102298.299+45108.388))
=318705.4

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))
=391746.725 - 62096.332 - ( 49171.179 - max(0, 104091.648 - 111140.99+49171.179))
=322601.051

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

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

TCL Technology Group'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 )
=3482.212/( ( (199809.119 + max(-15555.551, 0)) + (198034.216 + max(-11820.188, 0)) )/ 2 )
=3482.212/( ( 199809.119 + 198034.216 )/ 2 )
=3482.212/198921.6675
=1.75 %

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)
=(22003.651 + 18481.755 + 9083.941) - (61080.536 + 0 + 4044.362)
=-15555.551

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23886.721 + 19304.751 + 11411.202) - (62096.332 + 0 + 4326.53)
=-11820.188

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:

TCL Technology Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=9648.419/207643.487
=4.65 %

* 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.


TCL Technology Group EBIT Related Terms

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TCL Technology Group (SZSE:000100) Business Description

Traded in Other Exchanges
N/A
Address
17 Huifeng Third Road, TCL Technology Building, Zhongkai Hi-Tech Development District, Guangdong Province, Huizhou, CHN, 516001
TCL Technology Group Corp is a consumer electronics company in China. The company's operating segment includes Semi-conductor display and materials business; Distribution business; Semi-conductor photovoltaic and semi-conductor materials business and Other businesses. It generates maximum revenue from Semi-conductor display and materials business segment. The Semi-conductor display and materials business segment mainly includes research and development, manufacturing and sales of semiconductor display panels and semiconductor display modules.
Executives
Li Dong Sheng Directors, executives
Liu Bin Director
Wang Cheng Executives
Lu Xin Independent director
Yan Xiao Lin Executives
Wang Jian Xun Securities Affairs Representative
Mi Xin Bin Supervisors
Han Fang Ming Director
Bao Lian Ming Directors, executives
Shi Wan Wen Executives
Zhao Zhong Yao Directors, executives
Huang Xu Bin Executives
Yu Guang Hui Executives
Zheng Chuan Lie Director
He Cheng Ming Executives

TCL Technology Group (SZSE:000100) Headlines

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