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Delton Technology (Guangzhou) (SZSE:001389) EBIT : ¥-370 Mil (TTM As of Mar. 2024)


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What is Delton Technology (Guangzhou) EBIT?

Delton Technology (Guangzhou)'s earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥184 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-370 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Delton Technology (Guangzhou)'s annualized ROC % for the quarter that ended in Mar. 2024 was 27.94%. Delton Technology (Guangzhou)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 41.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Delton Technology (Guangzhou)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.94%.


Delton Technology (Guangzhou) EBIT Historical Data

The historical data trend for Delton Technology (Guangzhou)'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.

Delton Technology (Guangzhou) EBIT Chart

Delton Technology (Guangzhou) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 123.47 180.30 101.69 322.31 510.81

Delton Technology (Guangzhou) Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 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 70.22 107.40 788.94 -1,450.34 183.57

Competitive Comparison of Delton Technology (Guangzhou)'s EBIT

For the Electronic Components subindustry, Delton Technology (Guangzhou)'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.


Delton Technology (Guangzhou)'s EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Delton Technology (Guangzhou)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Delton Technology (Guangzhou)'s EV-to-EBIT falls into.



Delton Technology (Guangzhou) 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 ¥-370 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.


Delton Technology (Guangzhou)  (SZSE:001389) EBIT Explanation

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

Delton Technology (Guangzhou)'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 )
=748.68 * ( 1 - 19.46% )/( (2195.018 + 2121.784)/ 2 )
=602.986872/2158.401
=27.94 %

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))
=3812.432 - 1369.914 - ( 431.268 - max(0, 1555.201 - 1802.701+431.268))
=2195.018

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))
=4493.495 - 1184.947 - ( 1215.023 - max(0, 1334.122 - 2520.886+1215.023))
=2121.784

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

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

Delton Technology (Guangzhou)'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 )
=734.28/( ( (1789.162 + max(-94.358, 0)) + (1752.76 + max(38.237, 0)) )/ 2 )
=734.28/( ( 1789.162 + 1790.997 )/ 2 )
=734.28/1790.0795
=41.02 %

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)
=(839.679 + 396.914 + 62.023) - (1369.914 + 0 + 23.06)
=-94.358

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(835.768 + 364.285 + 56.358) - (1184.947 + 0 + 33.227)
=38.237

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-370.428/19093.471
=-1.94 %

* 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.


Delton Technology (Guangzhou) EBIT Related Terms

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Delton Technology (Guangzhou) (SZSE:001389) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 22 Baoying South Road, Guangzhou Free Trade Zone, Guangdong Province, Guangzhou, CHN, 510730
Delton Technology (Guangzhou) Inc is engaged in research & development, production and sales of printed circuit boards. Its products are mainly used in data center, cloud computing, industrial Internet, artificial intelligence, 5G communication, automotive electronics, security and printing and other terminal fields.

Delton Technology (Guangzhou) (SZSE:001389) Headlines

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