Wondershare Technology Group Co (SZSE:300624) EBIT : ¥111 Mil (TTM As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Wondershare Technology Group Co EBIT?

Wondershare Technology Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥31 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥111 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wondershare Technology Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 9.22%. Wondershare Technology Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 36.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wondershare Technology Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.06%.

Wondershare Technology Group Co EBIT Historical Data

The historical data trend for Wondershare Technology Group 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.

Wondershare Technology Group Co EBIT Chart

Wondershare Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

84.10

140.08

57.55

88.96

112.50

Wondershare Technology Group 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															32.27	28.03	27.09	25.11	30.75

Competitive Comparison of Wondershare Technology Group Co's EBIT

For the Software - Application subindustry, Wondershare Technology Group 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.

Wondershare Technology Group Co's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Wondershare Technology Group Co's EV-to-EBIT distribution charts can be found below:

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

Wondershare Technology Group 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 ¥111 Mil.

Wondershare Technology Group Co (SZSE:300624) EBIT Explanation

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

Wondershare Technology Group 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 )
=	99.924 * ( 1 - 9.9% )	/	( (937.453	+	1015.184)	/ 2 )
=	90.031524	/	976.3185
=	9.22 %

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	))
=	1678.77	-	203.643	-	( 695.032	-	max(0, 243.858	-	781.532	+	695.032	))
=	937.453

	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	))
=	1654.421	-	149.534	-	( 595.584	-	max(0, 191.098	-	680.801	+	595.584	))
=	1015.184

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

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

Wondershare Technology Group 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 )
=	122.984	/	( ( (331.406 + max(-152.919, 0))	+	(346.172 + max(-100.578, 0)) )	/	2 )
=	122.984	/	( ( 331.406	+	346.172 )	/	2 )
=	122.984	/	338.789
=	36.30 %

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)
=	(49.642	+	0	+	29.05)	-	(203.643	+	0	+	27.968)
=	-152.919

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(49.335	+	0	+	29.561)	-	(149.534	+	0	+	29.94)
=	-100.578

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	110.981	/	10452.652
	=	1.06 %

Wondershare Technology Group Co EBIT Related Terms

Thank you for viewing the detailed overview of Wondershare Technology Group Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Wondershare Technology Group Co (SZSE:300624) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wondershare Technology Group Co Ltd (SZSE:300624) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Haidian Road, 14th Software Industry Base 5 D Block, 10th Floor, Nanshan District, Shenzhen, CHN, 850000

Website

http://www.wondershare.cn

Wondershare Technology Group Co Ltd, formerly Wondershare Technology Co Ltd is a China-based company engages in the manufacture and sale of a software application. It offers multimedia, utility, office, mobile, and other software products, as well as featured products. The company's products can be applied to personal computers, tablet PCs, smartphones and other application terminals.

Executives

Wu Tai Bing	Directors, executives
Hu Li Feng	Executives
Liu Qiu Wei	Executives
Chen Qi Sheng	Independent director
Peng Hai Xia	Securities Affairs Representative
Zhang Zheng	Director
Sun Chun	Directors, Directors, and Executives
Zhu Wei	Directors, executives
Chen Jiang Jiang	Supervisors
Ling Shu Guang	Supervisors
Zhu Jian Huan	Director

Wondershare Technology Group Co (SZSE:300624) Headlines

No Headlines