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iMotion Automotive Technology (Suzhou) Co (HKSE:01274) EBIT : HK$-212 Mil (TTM As of Dec. 2023)


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What is iMotion Automotive Technology (Suzhou) Co EBIT?

iMotion Automotive Technology (Suzhou) Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-103 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-212 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. iMotion Automotive Technology (Suzhou) Co's annualized ROC % for the quarter that ended in Dec. 2023 was -53.53%. iMotion Automotive Technology (Suzhou) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -63.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. iMotion Automotive Technology (Suzhou) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.14%.

iMotion Automotive Technology (Suzhou) Co EBIT Historical Data

The historical data trend for iMotion Automotive Technology (Suzhou) 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.

iMotion Automotive Technology (Suzhou) Co EBIT Chart

iMotion Automotive Technology (Suzhou) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
-50.90 -61.58 -381.50 -211.93

iMotion Automotive Technology (Suzhou) Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial - -64.60 -319.96 -108.85 -103.09

Competitive Comparison of iMotion Automotive Technology (Suzhou) Co's EBIT

For the Auto Parts subindustry, iMotion Automotive Technology (Suzhou) 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.

iMotion Automotive Technology (Suzhou) Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, iMotion Automotive Technology (Suzhou) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where iMotion Automotive Technology (Suzhou) Co's EV-to-EBIT falls into.


iMotion Automotive Technology (Suzhou) 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 semi-annually data reported by the company within the most recent 12 months, which was HK$-212 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.

iMotion Automotive Technology (Suzhou) Co  (HKSE:01274) EBIT Explanation

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

iMotion Automotive Technology (Suzhou) 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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-204.786 * ( 1 - 0% )/( (299.803 + 465.348)/ 2 )
=-204.786/382.5755
=-53.53 %

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))
=927.62 - 192.954 - ( 434.863 - max(0, 240.898 - 816.903+434.863))
=299.803

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))
=1829.402 - 318.255 - ( 1045.799 - max(0, 557.755 - 1649.819+1045.799))
=465.348

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:

iMotion Automotive Technology (Suzhou) 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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-206.17/( ( (83.848 + max(135.353, 0)) + (157.126 + max(268.625, 0)) )/ 2 )
=-206.17/( ( 219.201 + 425.751 )/ 2 )
=-206.17/322.476
=-63.93 %

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)
=(130.286 + 177.281 + 65.969) - (192.954 + 0 + 45.229)
=135.353

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(239.639 + 280.026 + 84.355) - (318.255 + 0 + 17.14)
=268.625

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:

iMotion Automotive Technology (Suzhou) Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-211.933/18620.303
=-1.14 %

* 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.

iMotion Automotive Technology (Suzhou) Co EBIT Related Terms

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iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » iMotion Automotive Technology (Suzhou) Co Ltd (HKSE:01274) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
19/F and 20/F Building G2, 88 Jinji Lake Avenue, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN
Website
https://www.imotion.ai
iMotion Automotive Technology (Suzhou) Co Ltd is an autonomous driving solution provider in China with a focus on AD domain controllers. It offers a wide range of autonomous driving solutions and products and also provide OEMs with various AD domain control units. It has commercialized two AD domain controller product lines which support level 2 to level 2+ autonomous driving functions, covering a wide price range of passenger vehicles and all types of driving scenarios, including highways, ring roads, complex urban roads, country roads, and parking areas. In addition to SuperVisionTM, it also provide self-designed and self-developed iDC series which includes iDC Mid and iDC High.
Executives
China Construction Bank Corporation 2201 Interest of corporation controlled by you
Vistra Trust (singapore) Pte. Limited 2301 Trustee
Li Xiang 2501 Other
Li Auto Inc. 2201 Interest of corporation controlled by you
Leading Ideal Hk Limited 2201 Interest of corporation controlled by you
Cyric Point Enterprises Limited 2201 Interest of corporation controlled by you
Bei Jing Luo Ke Wei Er Si Ke Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Che He Jia Xin Xi Ji Shu You Xian Gong Si 2101 Beneficial owner
Amp Lee Ltd. 2201 Interest of corporation controlled by you
Jian Yin Ke Chuang Su Zhou Tou Dai Lian Dong Gu Quan Tou Zi Ji Jin You Xian He Huo 2101 Beneficial owner
Jian Yin Guo Ji Zi Ben Guan Li Tian Jin You Xian Gong Si 2201 Interest of corporation controlled by you
Jian Yin Guo Ji Zhong Guo You Xian Gong Si 2201 Interest of corporation controlled by you
Tian Jin Jian Yin Guo Ji Jin He Gu Quan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Song Yang 2101 Beneficial owner
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you

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