Wuxi Sunlit Science and Technology Co (HKSE:01289) EBIT : HK$74.1 Mil (TTM As of Jun. 2024)

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What is Wuxi Sunlit Science and Technology Co EBIT?

Wuxi Sunlit Science and Technology Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$28.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$74.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wuxi Sunlit Science and Technology Co's annualized ROC % for the quarter that ended in Jun. 2024 was 6.72%. Wuxi Sunlit Science and Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 16.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wuxi Sunlit Science and Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -868.39%.

Wuxi Sunlit Science and Technology Co EBIT Historical Data

The historical data trend for Wuxi Sunlit Science and 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.

Wuxi Sunlit Science and Technology Co EBIT Chart

Wuxi Sunlit Science and Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-9.90

3.88

7.70

18.49

46.52

Wuxi Sunlit Science and Technology Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial															4.98	13.75	0.43	46.09	28.00

Competitive Comparison of Wuxi Sunlit Science and Technology Co's EBIT

For the Specialty Industrial Machinery subindustry, Wuxi Sunlit Science and 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.

Wuxi Sunlit Science and Technology Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi Sunlit Science and Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wuxi Sunlit Science and Technology Co's EV-to-EBIT falls into.

Wuxi Sunlit Science and 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$74.1 Mil.

Wuxi Sunlit Science and Technology Co (HKSE:01289) EBIT Explanation

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

Wuxi Sunlit Science and Technology Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	56.008 * ( 1 - 13.46% )	/	( (707.431	+	735.576)	/ 2 )
=	48.4693232	/	721.5035
=	6.72 %

where

	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	))
=	1125.635	-	219.878	-	( 198.326	-	max(0, 388.733	-	896.428	+	198.326	))
=	707.431

	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	))
=	1261.577	-	261.074	-	( 264.927	-	max(0, 513.338	-	1053.82	+	264.927	))
=	735.576

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Wuxi Sunlit Science and Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	56.008	/	( ( (94.404 + max(272.682, 0))	+	(86.985 + max(231.214, 0)) )	/	2 )
=	56.008	/	( ( 367.086	+	318.199 )	/	2 )
=	56.008	/	342.6425
=	16.35 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(289.918	+	284.754	+	86.743)	-	(219.878	+	0	+	168.855)
=	272.682

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(235.797	+	379.182	+	129.573)	-	(261.074	+	0	+	252.264)
=	231.214

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

Wuxi Sunlit Science and Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	74.091	/	-8.532
	=	-868.39 %

Wuxi Sunlit Science and Technology Co EBIT Related Terms

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Wuxi Sunlit Science and Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuxi Sunlit Science and Technology Co Ltd (HKSE:01289) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

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Address

1 Yanxin Road East, Huishan Economic Development Zone, Jiangsu Province, Wuxi, CHN, 214174

Website

https://www.wxsunlit.com

Wuxi Sunlit Science and Technology Co Ltd is a China-based company. It is engaged in the research and development, design, manufacture, equipment supply, installation, testing, repair, and maintenance of production lines for manufacturing steel wire products in the People's Republic of China. The company's product portfolio includes brass electroplated wire production lines, standalone machines, double-twist stranding machines, wet drawing machines, mold repairing equipment, parts, and accessories. Geographically, the company operates in Mainland China and other countries, of which the majority of the revenue is earned in Mainland China.

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