Haimo Technologies Group (SZSE:300084) EBIT : ¥81.9 Mil (TTM As of Mar. 2024)

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What is Haimo Technologies Group EBIT?

Haimo Technologies Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-14.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥81.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Haimo Technologies Group's annualized ROC % for the quarter that ended in Mar. 2024 was -4.15%. Haimo Technologies Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -5.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Haimo Technologies Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.15%.

Haimo Technologies Group EBIT Historical Data

The historical data trend for Haimo Technologies 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.

Haimo Technologies Group EBIT Chart

Haimo Technologies Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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108.81

-577.50

-210.68

42.59

71.40

Haimo Technologies 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															-24.79	1.72	49.32	45.15	-14.28

Competitive Comparison of Haimo Technologies Group's EBIT

For the Oil & Gas Equipment & Services subindustry, Haimo Technologies 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.

Haimo Technologies Group's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Haimo Technologies Group's EV-to-EBIT distribution charts can be found below:

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

Haimo Technologies 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 ¥81.9 Mil.

Haimo Technologies Group (SZSE:300084) EBIT Explanation

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

Haimo Technologies 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 )
=	-66.508 * ( 1 - 2.77% )	/	( (1577.565	+	1541.89)	/ 2 )
=	-64.6657284	/	1559.7275
=	-4.15 %

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	))
=	2059.287	-	267.078	-	( 214.644	-	max(0, 821.908	-	1247.085	+	214.644	))
=	1577.565

	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	))
=	1966.677	-	219.308	-	( 205.479	-	max(0, 749.153	-	1159.424	+	205.479	))
=	1541.89

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

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

Haimo Technologies 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 )
=	-57.108	/	( ( (373.395 + max(659.866, 0))	+	(366.091 + max(610.141, 0)) )	/	2 )
=	-57.108	/	( ( 1033.261	+	976.232 )	/	2 )
=	-57.108	/	1004.7465
=	-5.68 %

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)
=	(571.7	+	348.892	+	38.691)	-	(267.078	+	0	+	32.339)
=	659.866

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(438.914	+	370.526	+	57.054)	-	(219.308	+	0	+	37.045)
=	610.141

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	81.913	/	2601.943
	=	3.15 %

Haimo Technologies Group EBIT Related Terms

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Haimo Technologies Group (SZSE:300084) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Haimo Technologies Group Corp (SZSE:300084) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 593, Zhang Sutan, Chengguan District, Gansu Province, Lanzhou, CHN, 730010

Website

http://www.haimotech.com

Haimo Technologies Group Corp is engaged in energy production, equipment supply, environmental protection, and data management and production optimization services. The company also offers multi-phase metering services to oil field service companies. The products and services of the company include fracturing equipment and services, environmental protection equipment and services, and integrated production optimization services.

Executives

Su Zhan Cai	Directors, executives
Ma Jun	Executives
Dou Jian Wen	Executives, directors
Wu Rui Rui	Securities Affairs Representative
Li Jian Guo	Directors, executives
Zhou Jian Feng	Director
Zhang Li Qiang	Directors, Directors, and Executives
Chen Ji Ge	Directors, executives
Lu Yi Xin	Executives
Wang Zhen Gang	Supervisors
Long Li Juan	Supervisors
Guo Shen	Director
He Gong An	Executives
Pan Zhao Bai	Executives

Haimo Technologies Group (SZSE:300084) Headlines

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