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Leoch International Technology (HKSE:00842) EBIT : HK$949 Mil (TTM As of Dec. 2023)


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What is Leoch International Technology EBIT?

Leoch International Technology's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$551 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$949 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Leoch International Technology's annualized ROC % for the quarter that ended in Dec. 2023 was 9.84%. Leoch International Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 18.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Leoch International Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 19.01%.


Leoch International Technology EBIT Historical Data

The historical data trend for Leoch International 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.

Leoch International Technology EBIT Chart

Leoch International 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 396.73 379.14 411.22 825.94 948.75

Leoch International 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 257.27 256.31 581.76 397.83 550.93

Competitive Comparison of Leoch International Technology's EBIT

For the Electrical Equipment & Parts subindustry, Leoch International 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.


Leoch International Technology's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Leoch International Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Leoch International Technology's EV-to-EBIT falls into.



Leoch International 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$949 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.


Leoch International Technology  (HKSE:00842) EBIT Explanation

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

Leoch International 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 )
=959.934 * ( 1 - 11.37% )/( (7310.172 + 9983.842)/ 2 )
=850.7895042/8647.007
=9.84 %

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))
=12316.75 - 4149.305 - ( 857.273 - max(0, 7128.688 - 8207.457+857.273))
=7310.172

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))
=15417.08 - 4163.734 - ( 1943.517 - max(0, 8979.976 - 10249.48+1943.517))
=9983.842

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:

Leoch International 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 )
=1101.85/( ( (2801.232 + max(2572.435, 0)) + (3758.713 + max(2854.22, 0)) )/ 2 )
=1101.85/( ( 5373.667 + 6612.933 )/ 2 )
=1101.85/5993.3
=18.38 %

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)
=(3091.407 + 2875.305 + 759.274) - (4149.305 + 0 + 4.2459999999992)
=2572.435

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3551.764 + 3006.492 + 1430.817) - (4163.734 + 0 + 971.119)
=2854.22

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:

Leoch International Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=948.753/4989.884
=19.01 %

* 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.


Leoch International Technology EBIT Related Terms

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Leoch International Technology (HKSE:00842) Business Description

Traded in Other Exchanges
Address
No. 83, Zhanjing Road, Zhonggang Plaza, Exhibition Bay, 14th Floor, Block A, Tower 6, Fuyong Airport New City South, Baoan District, Shenzhen, CHN
Leoch International Technology Ltd is a vertically integrated enterprise. It is engaged in the development, sale, and manufacture of lead-acid batteries, recycled lead products, and others. Its product portfolio under lead-acid batteries consists of reserve power batteries, SLI batteries, motive power batteries, and others. The lead-acid-based reserve power batteries generate a vast majority of revenue for the company. Geographically, the company offers its services to China, Europe, the Middle East and Africa, the Americas, and Asia-Pacific, out of which China is the key revenue driver.
Executives
Rays Capital Partners Limited 2102 Investment manager
Ruan David Ching Chi 2201 Interest of corporation controlled by you
Asian Equity Special Opportunities Portfolio Master Fund Limited 2101 Beneficial owner
Dong Li 2201 Interest of corporation controlled by you
Master Alliance Investment Limited 2201 Interest of corporation controlled by you

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