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Hezong Science and Technology Co (SZSE:300477) EBIT : ¥-812 Mil (TTM As of Jun. 2024)


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What is Hezong Science and Technology Co EBIT?

Hezong Science and Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ¥-37 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-812 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hezong Science and Technology Co's annualized ROC % for the quarter that ended in Jun. 2024 was -3.57%. Hezong Science and Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -4.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hezong Science and Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -13.51%.


Hezong Science and Technology Co EBIT Historical Data

The historical data trend for Hezong Science and 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.

Hezong Science and Technology Co EBIT Chart

Hezong Science and 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 127.00 -779.54 158.64 92.75 -768.57

Hezong Science and Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -79.85 -98.44 -580.32 -95.61 -37.35

Competitive Comparison of Hezong Science and Technology Co's EBIT

For the Electrical Equipment & Parts subindustry, Hezong Science and 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.


Hezong Science and Technology Co's EV-to-EBIT Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hezong Science and Technology Co's EV-to-EBIT falls into.



Hezong Science and 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-812 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.


Hezong Science and Technology Co  (SZSE:300477) EBIT Explanation

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

Hezong Science and Technology Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-318.256 * ( 1 - 20.46% )/( (7688.135 + 6482.477)/ 2 )
=-253.1408224/7085.306
=-3.57 %

where

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))
=9099.895 - 2382.498 - ( 735.067 - max(0, 4742.435 - 3771.697+735.067))
=7688.135

Invested Capital(Q: Jun. 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))
=6975.447 - 1937.215 - ( 258.174 - max(0, 4167.905 - 2723.66+258.174))
=6482.477

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

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

Hezong Science and Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-149.412/( ( (3587.103 + max(-356.308, 0)) + (2643.815 + max(-253.732, 0)) )/ 2 )
=-149.412/( ( 3587.103 + 2643.815 )/ 2 )
=-149.412/3115.459
=-4.80 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1267.937 + 857.076 + 285.395) - (2382.498 + 0 + 384.218)
=-356.308

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1125.432 + 705.398 + 160.135) - (1937.215 + 0 + 307.482)
=-253.732

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Hezong Science and Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-811.721/6006.196
=-13.51 %

* 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.


Hezong Science and Technology Co EBIT Related Terms

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Hezong Science and Technology Co Business Description

Traded in Other Exchanges
N/A
Address
D-1211, Jiahua Building, Shangdi Sanjie, Haidian District, Beijing, CHN, 100085
Hezong Science and Technology Co Ltd is a high tech company providing technological solutions to their customers of power distribution and control equipment in the power industry. It is one-stop solution provider of power distribution systems in China, they offer products ranging from gas insulated ring main units, MV/LV air insulated switchgear, prefabricated substation, pole-mounted switches, distribution automation terminals (FTU/DTU), distribution transformers, to cable branching switchgear.
Executives
Wei Qiang Directors, executives
Han Guo Liang Directors, executives
Zhang Shu Directors, Directors, and Executives
Gao Xing Director
Zhang Xiao Yi Executives
Wang Wei Ping Supervisors
Zhang Ren Zeng Director
He Yun Director
Zhang Quan Zhong Supervisors
Liu Ze Gang Director
Liu Wei Dong Independent director
Wang Xiao Xin Supervisors

Hezong Science and Technology Co Headlines

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