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Est Tools Co (SZSE:300488) EBIT : ¥168.1 Mil (TTM As of Mar. 2024)


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What is Est Tools Co EBIT?

Est Tools Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥35.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥168.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Est Tools Co's annualized ROC % for the quarter that ended in Mar. 2024 was 7.52%. Est Tools Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Est Tools Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.37%.


Est Tools Co EBIT Historical Data

The historical data trend for Est Tools 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.

Est Tools Co EBIT Chart

Est Tools 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 148.77 100.05 180.64 126.85 154.58

Est Tools 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 21.59 46.65 40.87 45.48 35.15

Competitive Comparison of Est Tools Co's EBIT

For the Tools & Accessories subindustry, Est Tools 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.


Est Tools Co's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



Est Tools 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 ¥168.1 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.


Est Tools Co  (SZSE:300488) EBIT Explanation

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

Est Tools 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 )
=131.316 * ( 1 - 12.88% )/( (1244.292 + 1798.357)/ 2 )
=114.4024992/1521.3245
=7.52 %

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))
=1589.979 - 93.245 - ( 252.442 - max(0, 133.581 - 673.565+252.442))
=1244.292

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))
=2190.454 - 78.941 - ( 313.156 - max(0, 127.657 - 1272.88+313.156))
=1798.357

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

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

Est Tools 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 )
=140.592/( ( (782.391 + max(198.076, 0)) + (775.63 + max(774.338, 0)) )/ 2 )
=140.592/( ( 980.467 + 1549.968 )/ 2 )
=140.592/1265.2175
=11.11 %

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)
=(158.774 + 130.914 + 9.9340000000001) - (93.245 + 0 + 8.301)
=198.076

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(170.474 + 137.708 + 551.778) - (78.941 + 0 + 6.681)
=774.338

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=168.143/3845.116
=4.37 %

* 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.


Est Tools Co EBIT Related Terms

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Est Tools Co (SZSE:300488) Business Description

Traded in Other Exchanges
N/A
Address
No. 239 Xinqiao North Road, Wuyuan Town, Zhejiang Province, Jiaxing, CHN, 314300
Est Tools Co Ltd is engaged the company is engaged in the research and development, production and sales of machine tools. The products mainly include precision complex, miscellaneous tools, spline measuring tools, precision cutting tools, and other metal cutting tools and high-precision measuring instruments. The company also offer edge measuring tools, including thread cutters, spline gages, and molding cutters.
Executives
Xu Jian Wei Supervisors
Hu Jin Qiu Securities Affairs Representative
Chen Er Rong Director
Zheng Ji Liang Executives
Zhou Yao Juan Executives
He Qin Song Executives
Yao Hai Feng Executives

Est Tools Co (SZSE:300488) Headlines

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