CNRQ (China Soar Information Technology) EBIT : $-0.04 Mil (TTM As of Apr. 2019)

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What is China Soar Information Technology EBIT?

China Soar Information Technology's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2019 was $-0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2019 was $-0.04 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Soar Information Technology's annualized ROC % for the quarter that ended in Apr. 2019 was -3,200.00%. China Soar Information Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2019 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

China Soar Information Technology EBIT Historical Data

The historical data trend for China Soar Information Technology'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.

China Soar Information Technology EBIT Chart

China Soar Information Technology Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

EBIT

-0.02

-0.07

-0.04

-0.05

China Soar Information Technology Quarterly Data
	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19
EBIT	Get a 7-Day Free Trial												-0.01	-0.02	-0.01	-0.01	-0.01

Competitive Comparison of China Soar Information Technology's EBIT

For the Internet Content & Information subindustry, China Soar Information Technology'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.

China Soar Information Technology's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, China Soar Information Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Soar Information Technology's EV-to-EBIT falls into.

China Soar Information Technology 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 Apr. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 Mil.

China Soar Information Technology (OTCPK:CNRQ) EBIT Explanation

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

China Soar Information Technology's annualized ROC % for the quarter that ended in Apr. 2019 is calculated as:

	ROC % (Q: Apr. 2019 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jan. 2019 )	+	Invested Capital (Q: Apr. 2019 ))	/ count )
=	-0.032 * ( 1 - 0% )	/	( (0.001	+	0.001)	/ 2 )
=	-0.032	/	0.001
=	-3,200.00 %

where

	Invested Capital		(Q: Jan. 2019 )
=	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	))
=	0.001	-	0.02	-	( 0.001	-	max(0, 0.021	-	0.001	+	0.001	))
=	0.001

	Invested Capital		(Q: Apr. 2019 )
=	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	))
=	0.001	-	0.02	-	( 0.001	-	max(0, 0.021	-	0.001	+	0.001	))
=	0.001

Note: The Operating Income data used here is four times the quarterly (Apr. 2019) data.

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

China Soar Information Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2019 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Apr. 2019 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jan. 2019		Q: Apr. 2019
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.032	/	( ( (0 + max(-0.02, 0))	+	(0 + max(-0.02, 0)) )	/	2 )
=	-0.032	/	( ( 0	+	0 )	/	2 )
=	-0.032	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jan. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.02	+	0	+	0)
=	-0.02

	Working Capital		(Q: Apr. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.02	+	0	+	0)
=	-0.02

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2019) EBIT data.

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

China Soar Information Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Apr. 2019 )
	=	-0.043	/	0.000
	=	%

China Soar Information Technology EBIT Related Terms

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China Soar Information Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » China Soar Information Technology Inc (OTCPK:CNRQ) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

191 Java Road, North Point, Room 803, 8th Floor, K.Wah Centre,, Hong Kong, HKG

Website

China Soar Information Technology Inc develops, markets, and sells Internet mobile application (MIMA) to entrepreneurs and small businesses in North America, South America, and Europe. It offers MIMA, a cloud platform that helps merchants to create a WEB/WAP e-commerce Website or cell phone client and enterprise mobile management information system.

China Soar Information Technology Headlines

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