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Qian Xun Technology (HKSE:01640) EBIT : HK$-18.6 Mil (TTM As of Jun. 2024)


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What is Qian Xun Technology EBIT?

Qian Xun Technology's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$13.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-18.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Qian Xun Technology's annualized ROC % for the quarter that ended in Jun. 2024 was -0.44%. Qian Xun Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 9.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Qian Xun Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -0.78%.


Qian Xun Technology EBIT Historical Data

The historical data trend for Qian Xun 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.

Qian Xun Technology EBIT Chart

Qian Xun Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 68.26 13.06 13.60 -30.34 -29.03

Qian Xun Technology Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -1.91 -28.53 2.76 -31.79 13.20

Competitive Comparison of Qian Xun Technology's EBIT

For the Advertising Agencies subindustry, Qian Xun 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.


Qian Xun Technology's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Qian Xun Technology's EV-to-EBIT distribution charts can be found below:

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


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Qian Xun 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-18.6 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.


Qian Xun Technology  (HKSE:01640) EBIT Explanation

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

Qian Xun Technology'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 )
=-3.206 * ( 1 - 43.67% )/( (371.363 + 448.991)/ 2 )
=-1.8059398/410.177
=-0.44 %

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))
=629.64 - 238.749 - ( 19.528 - max(0, 396.914 - 606.561+19.528))
=371.363

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:

Qian Xun Technology'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 )
=26.394/( ( (0.349 + max(292.567, 0)) + (0.313 + max(289.682, 0)) )/ 2 )
=26.394/( ( 292.916 + 289.995 )/ 2 )
=26.394/291.4555
=9.06 %

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)
=(351.515 + 0 + 207.824) - (238.749 + 0 + 28.023)
=292.567

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(241.604 + 0 + 336.08) - (157.93 + 0 + 130.072)
=289.682

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-18.59/2395.688
=-0.78 %

* 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.


Qian Xun Technology EBIT Related Terms

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Qian Xun Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 136 Zhongkang Road, 6th Floor, Building 1, Shenzhen New Generation Industrial Park, Meilin Street, Futian District, Shenzhen, CHN
Qian Xun Technology Ltd is a service provider in the pre-owned digital device trading sector, is dedicated to secondhand electronics transactions through AI technology and SaaS platforms, addressing surging market demand amid value-conscious consumption trends. It has recycling of pre-owned 3C products via multiple channels, including its online platform, self-service kiosks at partner locations, and company-owned retail stores. Leveraging AI and SaaS capabilities, it delivers end-to-end solutions such as precision pricing, intelligent omnichannel distribution, and inventory optimization, enhancing transaction efficiency and profitability margins across the ecosystem.
Executives
Sang Kangqiao 2101 Beneficial owner
Li Ye 2101 Beneficial owner
Wang Pingpin 2201 Interest of corporation controlled by you
Wang Lei 2201 Interest of corporation controlled by you
Li Na 2201 Interest of corporation controlled by you
Wang Xin 2201 Interest of corporation controlled by you
Zhang Miao 2202 Interest of your spouse
Ying Heng You Xian Gong Si 2101 Beneficial owner
Shi Rui 2202 Interest of your spouse
Ju Jia You Xian Gong Si 2101 Beneficial owner
Rui Cheng Tian He You Xian Gong Si 2101 Beneficial owner
You Yi You Xian Gong Si 2101 Beneficial owner
Wei Chun Lei 2202 Interest of your spouse

Qian Xun Technology Headlines

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