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Donghua Testing Technology Co (SZSE:300354) EBIT : ¥117.3 Mil (TTM As of Mar. 2024)


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What is Donghua Testing Technology Co EBIT?

Donghua Testing Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥29.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥117.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Donghua Testing Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 was 17.11%. Donghua Testing Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 21.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Donghua Testing Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.32%.


Donghua Testing Technology Co EBIT Historical Data

The historical data trend for Donghua Testing Technology 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.

Donghua Testing Technology Co EBIT Chart

Donghua Testing Technology 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 35.12 58.86 86.59 136.01 99.52

Donghua Testing Technology 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 12.11 38.41 46.90 2.10 29.87

Competitive Comparison of Donghua Testing Technology Co's EBIT

For the Scientific & Technical Instruments subindustry, Donghua Testing Technology 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.


Donghua Testing Technology Co's EV-to-EBIT Distribution in the Hardware Industry

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

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



Donghua Testing Technology 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 ¥117.3 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.


Donghua Testing Technology Co  (SZSE:300354) EBIT Explanation

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

Donghua Testing Technology 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 )
=123.492 * ( 1 - 8.51% )/( (619.747 + 700.709)/ 2 )
=112.9828308/660.228
=17.11 %

where

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

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

Donghua Testing Technology 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 )
=119.484/( ( (131.927 + max(379.928, 0)) + (130.141 + max(450.191, 0)) )/ 2 )
=119.484/( ( 511.855 + 580.332 )/ 2 )
=119.484/546.0935
=21.88 %

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)
=(253.713 + 169.659 + 19.636) - (40.11 + 0 + 22.97)
=379.928

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(309.267 + 172.046 + 29.334) - (36.472 + 0 + 23.984)
=450.191

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=117.277/5053.789
=2.32 %

* 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.


Donghua Testing Technology Co EBIT Related Terms

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Donghua Testing Technology Co (SZSE:300354) Business Description

Traded in Other Exchanges
N/A
Address
No. 208 Xingang Avenue, Jiangsu, Jingjiang, CHN, 214500
Donghua Testing Technology Co Ltd is engaged in the research and development of intelligent testing techniques of structural mechanics. The products of the company include stress and strain test analysis system, bridge modal test system, model state excitation system, and wireless signal test analysis system.
Executives
Fan Yi Mu Executives
Liu Shi Gang Director
Chen Li Directors, executives
Qu Xiao Song Directors, executives
Xie Yong Independent director

Donghua Testing Technology Co (SZSE:300354) Headlines

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