Zhuhai Painter Technology Co (BJSE:836871) EBIT : ¥37.3 Mil (TTM As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Zhuhai Painter Technology Co EBIT?

Zhuhai Painter Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥11.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥37.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhuhai Painter Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was 23.03%. Zhuhai Painter Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 37.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhuhai Painter Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.17%.

Zhuhai Painter Technology Co EBIT Historical Data

The historical data trend for Zhuhai Painter 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.

Zhuhai Painter Technology Co EBIT Chart

Zhuhai Painter Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

21.47

31.33

33.18

19.05

25.74

Zhuhai Painter Technology Co Quarterly Data
	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial															5.45	8.98	6.29	10.31	11.75

Competitive Comparison of Zhuhai Painter Technology Co's EBIT

For the Industrial Distribution subindustry, Zhuhai Painter 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.

Zhuhai Painter Technology Co's EV-to-EBIT Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Zhuhai Painter Technology Co's EV-to-EBIT distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Zhuhai Painter 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥37.3 Mil.

Zhuhai Painter Technology Co (BJSE:836871) EBIT Explanation

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

Zhuhai Painter Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

	ROC % (Q: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	47.14 * ( 1 - 13.79% )	/	( (172.857	+	180.003)	/ 2 )
=	40.639394	/	176.43
=	23.03 %

where

	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	))
=	283.627	-	23.91	-	( 86.86	-	max(0, 33.264	-	180.085	+	86.86	))
=	172.857

	Invested Capital		(Q: Sep. 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	))
=	298.849	-	25.271	-	( 93.575	-	max(0, 33.96	-	189.549	+	93.575	))
=	180.003

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

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

Zhuhai Painter Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2024		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	46.996	/	( ( (77.284 + max(45.463, 0))	+	(77.702 + max(51.012, 0)) )	/	2 )
=	46.996	/	( ( 122.747	+	128.714 )	/	2 )
=	46.996	/	125.7305
=	37.38 %

where Working Capital is:

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(62.968	+	15.344	+	0.31500000000003)	-	(23.91	+	0	+	9.254)
=	45.463

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(67.049	+	16.71	+	1.093)	-	(25.271	+	0	+	8.569)
=	51.012

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	37.32	/	1177.989
	=	3.17 %

Zhuhai Painter Technology Co EBIT Related Terms

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

Zhuhai Painter Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Zhuhai Painter Technology Co Ltd (BJSE:836871) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Chuangye Middle Road, Shuanglin Area, Liangang Industrial Zone, Jinwan District, Guangdong Province, Zhuhai City, CHN

Website

http://www.w-painter.com

Zhuhai Painter Technology Co Ltd engages in research and development, production and sales of industrial hoses and assemblies, and modified engineering plastics. Its product portfolio comprises pressure (brake) nylon tubes, high-pressure hoses, Teflon hose resin, high precision pressure hoses, air conditioning refrigerant pipe, high-pressure hydraulic hoses (assembly design and production), hydraulic hose assembly, transition joints and other accessories, modified engineering plastics products. The company's products are widely used in various industrial mother machines, wind power industry, automobile industry, construction machinery, water conservancy, metallurgical machinery, lifting machinery, construction spraying machinery, unmanned aerial vehicles, and other industries or fields.

Zhuhai Painter Technology Co Headlines

No Headlines