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Tianjin Keyvia Electric Co (SZSE:300407) EBIT : ¥135 Mil (TTM As of Mar. 2024)


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What is Tianjin Keyvia Electric Co EBIT?

Tianjin Keyvia Electric Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥135 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tianjin Keyvia Electric Co's annualized ROC % for the quarter that ended in Mar. 2024 was -0.36%. Tianjin Keyvia Electric Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 17.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tianjin Keyvia Electric Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.69%.


Tianjin Keyvia Electric Co EBIT Historical Data

The historical data trend for Tianjin Keyvia Electric 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.

Tianjin Keyvia Electric Co EBIT Chart

Tianjin Keyvia Electric 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 94.87 110.22 91.98 119.10 124.20

Tianjin Keyvia Electric 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 18.85 27.38 38.96 39.01 30.15

Competitive Comparison of Tianjin Keyvia Electric Co's EBIT

For the Railroads subindustry, Tianjin Keyvia Electric 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.


Tianjin Keyvia Electric Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tianjin Keyvia Electric Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tianjin Keyvia Electric Co's EV-to-EBIT falls into.



Tianjin Keyvia Electric 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 ¥135 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.


Tianjin Keyvia Electric Co  (SZSE:300407) EBIT Explanation

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

Tianjin Keyvia Electric 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 )
=-8.908 * ( 1 - 25.96% )/( (1750.042 + 1868.94)/ 2 )
=-6.5954832/1809.491
=-0.36 %

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))
=3099.733 - 522.496 - ( 827.195 - max(0, 1145.715 - 2552.048+827.195))
=1750.042

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))
=3053.844 - 465.521 - ( 719.383 - max(0, 1077.451 - 2492.453+719.383))
=1868.94

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

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

Tianjin Keyvia Electric 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 )
=120.608/( ( (302.304 + max(354.691, 0)) + (314.343 + max(411.238, 0)) )/ 2 )
=120.608/( ( 656.995 + 725.581 )/ 2 )
=120.608/691.288
=17.45 %

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)
=(666.505 + 601.701 + 97.927) - (522.496 + 0 + 488.946)
=354.691

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(590.562 + 652.743 + 123.193) - (465.521 + 0 + 489.739)
=411.238

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:

Tianjin Keyvia Electric Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=135.499/1762.494
=7.69 %

* 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.


Tianjin Keyvia Electric Co EBIT Related Terms

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Tianjin Keyvia Electric Co (SZSE:300407) Business Description

Traded in Other Exchanges
N/A
Address
8th matter Hyflux Building Road, Tianjin Huayuan Industrial Park, Tianjin, CHN, 300384
Tianjin Keyvia Electric Co Ltd covers two areas of electrified railway and urban rail transit, including traction power distribution automation system, dispatching and comprehensive monitoring system, industrial automation system, auxiliary control system for rolling stock, monitoring and diagnosis system, software product development, and others. The widely used products mainly include DK3500 electrified railway traction power supply integrated automation system, traction power supply power dispatching and monitoring system, integrated monitoring system, access control system, automatic ticket checking system, mechanical and electrical equipment monitoring system, passenger information system, disaster prevention alarm system, wireless communication system, and others.
Executives
Kong Xiang Zhou Director
Wen Guo Wang Supervisors
Wang Yong Director
Wang Chuan Qi Directors, executives
Wang Wei Directors, executives
Zhang Zhong Jie Directors, executives
Liu Kun Supervisors
Chu Fei Directors, executives
Cai Deng Ming Directors, executives
Zhao Qin Supervisors
Zhao Yi Huan Executives
Wang Rui Jin Securities Affairs Representative
Zhang Gang Executives

Tianjin Keyvia Electric Co (SZSE:300407) Headlines

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