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Inspur Digital Enterprise Technology (HKSE:00596) EBIT : HK$285 Mil (TTM As of Dec. 2023)


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What is Inspur Digital Enterprise Technology EBIT?

Inspur Digital Enterprise Technology's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$235 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$285 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Inspur Digital Enterprise Technology's annualized ROC % for the quarter that ended in Dec. 2023 was 12.57%. Inspur Digital Enterprise Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 122.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Inspur Digital Enterprise Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.08%.


Inspur Digital Enterprise Technology EBIT Historical Data

The historical data trend for Inspur Digital Enterprise 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.

Inspur Digital Enterprise Technology EBIT Chart

Inspur Digital Enterprise Technology 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 194.40 -146.99 51.43 152.04 285.03

Inspur Digital Enterprise Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 29.00 35.65 116.39 49.93 235.10

Competitive Comparison of Inspur Digital Enterprise Technology's EBIT

For the Software - Application subindustry, Inspur Digital Enterprise 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.


Inspur Digital Enterprise Technology's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Inspur Digital Enterprise Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Inspur Digital Enterprise Technology's EV-to-EBIT falls into.



Inspur Digital Enterprise 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$285 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.


Inspur Digital Enterprise Technology  (HKSE:00596) EBIT Explanation

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

Inspur Digital Enterprise Technology'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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=595.628 * ( 1 - 29.12% )/( (2880.237 + 3836.23)/ 2 )
=422.1811264/3358.2335
=12.57 %

where

Invested Capital(Q: Jun. 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))
=4907.911 - 1548.934 - ( 498.98 - max(0, 2663.562 - 3142.302+498.98))
=2880.237

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))
=6324.419 - 1837.666 - ( 1279.957 - max(0, 3915.078 - 4565.601+1279.957))
=3836.23

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Inspur Digital Enterprise Technology'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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=470.204/( ( (416.616 + max(-1390.181, 0)) + (352.529 + max(-1924.994, 0)) )/ 2 )
=470.204/( ( 416.616 + 352.529 )/ 2 )
=470.204/384.5725
=122.27 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1154.345 + 0.53 + 11.394) - (1548.934 + 0 + 1007.516)
=-1390.181

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1943.04 + 1.494 + 31.654) - (1837.666 + 0 + 2063.516)
=-1924.994

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Inspur Digital Enterprise Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=285.031/2828.301
=10.08 %

* 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.


Inspur Digital Enterprise Technology EBIT Related Terms

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Inspur Digital Enterprise Technology (HKSE:00596) Business Description

Traded in Other Exchanges
Address
1 Wang Kwong Road, Kowloon Bay, Billion Center, Room B&C, 30/Floor, Tower A, Kowloon, Hong Kong, HKG
Inspur Digital Enterprise Technology Ltd formerly, Inspur International Ltd is an investment holding company. The company's segments are Cloud services, Management software, and the Internet of Things. The Cloud services segment includes the provision of cloud services. The management software segment involves the provision of software development and other software services whereas the Internet of Things segment is engaged in the sales of IT peripherals and software. Geographically, the firm generates a majority of its revenue from Mainland China.
Executives
Ji Nan Lang Chao Wu Xian Tong Xin You Xian Gong Si 2201 Interest of corporation controlled by you
Lang Chao Ruan Jian Ke Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Lang Chao Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Inspur Cheeloo Overseas Investment And Development Co., Limited 2201 Interest of corporation controlled by you
Inspur Overseas Investment Limited 2101 Beneficial owner
Inspur Cloud Computing Investment Limited 2101 Beneficial owner

Inspur Digital Enterprise Technology (HKSE:00596) Headlines

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