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Hunan Valin Wire & Cable Co (SZSE:001208) EBIT : ¥127 Mil (TTM As of Dec. 2023)


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What is Hunan Valin Wire & Cable Co EBIT?

Hunan Valin Wire & Cable Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ¥36 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ¥127 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hunan Valin Wire & Cable Co's annualized ROC % for the quarter that ended in Dec. 2023 was 2.96%. Hunan Valin Wire & Cable Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 27.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hunan Valin Wire & Cable Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.84%.


Hunan Valin Wire & Cable Co EBIT Historical Data

The historical data trend for Hunan Valin Wire & Cable 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.

Hunan Valin Wire & Cable Co EBIT Chart

Hunan Valin Wire & Cable Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 109.85 128.24 175.40 147.29 126.62

Hunan Valin Wire & Cable Co Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 35.74 25.29 31.91 33.74 35.68

Competitive Comparison of Hunan Valin Wire & Cable Co's EBIT

For the Electrical Equipment & Parts subindustry, Hunan Valin Wire & Cable 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.


Hunan Valin Wire & Cable Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hunan Valin Wire & Cable Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hunan Valin Wire & Cable Co's EV-to-EBIT falls into.



Hunan Valin Wire & Cable 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥127 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.


Hunan Valin Wire & Cable Co  (SZSE:001208) EBIT Explanation

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

Hunan Valin Wire & Cable Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=75.628 * ( 1 - 15.26% )/( (2088.524 + 2246.703)/ 2 )
=64.0871672/2167.6135
=2.96 %

where

Invested Capital(Q: Sep. 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))
=4015.008 - 1285.976 - ( 640.508 - max(0, 2125.136 - 3046.815+640.508))
=2088.524

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))
=3977.39 - 1162.032 - ( 568.655 - max(0, 2046.67 - 2667.857+568.655))
=2246.703

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Hunan Valin Wire & Cable Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=142.736/( ( (314.402 + max(333.559, 0)) + (340.181 + max(54.776, 0)) )/ 2 )
=142.736/( ( 647.961 + 394.957 )/ 2 )
=142.736/521.459
=27.37 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1324.889 + 472.518 + 32.114) - (1285.976 + 0 + 209.986)
=333.559

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(963.94 + 442.157 + 7.6660000000002) - (1162.032 + 0 + 196.955)
=54.776

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Hunan Valin Wire & Cable Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=126.623/4464.829
=2.84 %

* 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.


Hunan Valin Wire & Cable Co EBIT Related Terms

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Hunan Valin Wire & Cable Co (SZSE:001208) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jianshe South Road, High-tech Zone, Xiangtan, CHN, 411104
Hunan Valin Cable Co Ltd is a special special cable manufacturers, and its products are widely used in aerospace, weaponry, rail transit and high-speed locomotives, mining, new energy, engineering equipment, data communications and other fields.

Hunan Valin Wire & Cable Co (SZSE:001208) Headlines

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