EVE Energy Co (SZSE:300014) EBIT : ¥5,048 Mil (TTM As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is EVE Energy Co EBIT?

EVE Energy Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥1,242 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥5,048 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EVE Energy Co's annualized ROC % for the quarter that ended in Mar. 2024 was 5.75%. EVE Energy Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EVE Energy Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.15%.

EVE Energy Co EBIT Historical Data

The historical data trend for EVE Energy 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.

EVE Energy Co EBIT Chart

EVE Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

1,729.40

1,982.94

3,171.65

3,890.30

5,305.30

EVE Energy 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															1,499.09	1,438.17	1,516.69	851.35	1,242.28

Competitive Comparison of EVE Energy Co's EBIT

For the Electrical Equipment & Parts subindustry, EVE Energy 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.

EVE Energy Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, EVE Energy Co's EV-to-EBIT distribution charts can be found below:

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

EVE Energy 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 ¥5,048 Mil.

EVE Energy Co (SZSE:300014) EBIT Explanation

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

EVE Energy 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 )
=	3915.596 * ( 1 - 4.79% )	/	( (64366.607	+	65277.779)	/ 2 )
=	3728.0389516	/	64822.193
=	5.75 %

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	))
=	94355.338	-	31094.278	-	( 13658.824	-	max(0, 37891.983	-	36786.436	+	13658.824	))
=	64366.607

	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	))
=	96234.366	-	29383.476	-	( 13189.617	-	max(0, 36781.987	-	38355.098	+	13189.617	))
=	65277.779

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

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

EVE Energy 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 )
=	4969.132	/	( ( (35895.993 + max(-12698.852, 0))	+	(36415.836 + max(-10703.989, 0)) )	/	2 )
=	4969.132	/	( ( 35895.993	+	36415.836 )	/	2 )
=	4969.132	/	36155.9145
=	13.74 %

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)
=	(12427.534	+	6316.007	+	1283.677)	-	(31094.278	+	0	+	1631.792)
=	-12698.852

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(12086.042	+	6703.162	+	1730.981)	-	(29383.476	+	0	+	1840.698)
=	-10703.989

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	5048.497	/	98057.257
	=	5.15 %

EVE Energy Co EBIT Related Terms

Thank you for viewing the detailed overview of EVE Energy Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

EVE Energy Co (SZSE:300014) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » EVE Energy Co Ltd (SZSE:300014) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

EVE Industrial Park, Xikeng Industrial zone, Huihuan Town, Huizhou, Guangdong, CHN

Website

http://www.evebattery.com

EVE Energy Co Ltd is a China-based company. The company's main business is the development, production, sales of lithium primary batteries, lithium-ion batteries. Lithium primary battery is used in smart meter (water, electricity, gas, heat meter), remote data acquisition system, intelligent security, smart home, intelligent transportation, data storage, medical equipment, oil drilling, military applications and other fields, is a driving force.

Executives

Liu Jian Hua	Directors, executives
Ai Xin Ping	Director
Li Mu Fen	Executives
Sang Tian	Executives
Lei Qiao Ping	Independent director
Yuan Zhong Zhi	Supervisors
Liu Jin Cheng	Director
Wang Shi Feng	Executives
Wang Yue Lin	Independent director
Tang Qiu Ying	Directors, executives
Sun Bin	Executives
Huang Wei Yan	Executives
Duan Cheng	Supervisors
Han Ji Yun	Directors, executives
Yu Dong Sheng	Executives

EVE Energy Co (SZSE:300014) Headlines

No Headlines