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AsiaInfo Technologies (HKSE:01675) EBIT : HK$712 Mil (TTM As of Dec. 2023)


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What is AsiaInfo Technologies EBIT?

AsiaInfo Technologies's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$461 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$712 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AsiaInfo Technologies's annualized ROC % for the quarter that ended in Dec. 2023 was 19.50%. AsiaInfo Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 170.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AsiaInfo Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 22.29%.


AsiaInfo Technologies EBIT Historical Data

The historical data trend for AsiaInfo Technologies'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.

AsiaInfo Technologies EBIT Chart

AsiaInfo Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 645.95 929.32 1,135.20 1,064.97 711.57

AsiaInfo Technologies Semi-Annual Data
Dec15 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 747.40 257.28 819.87 250.38 461.19

Competitive Comparison of AsiaInfo Technologies's EBIT

For the Software - Application subindustry, AsiaInfo Technologies'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.


AsiaInfo Technologies's EV-to-EBIT Distribution in the Software Industry

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

* The bar in red indicates where AsiaInfo Technologies's EV-to-EBIT falls into.



AsiaInfo Technologies 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$712 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.


AsiaInfo Technologies  (HKSE:01675) EBIT Explanation

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

AsiaInfo Technologies'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 )
=1684.402 * ( 1 - 28.23% )/( (5811.172 + 6590.012)/ 2 )
=1208.8953154/6200.592
=19.50 %

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))
=11011.339 - 2746.056 - ( 2454.111 - max(0, 3218.776 - 7608.052+2454.111))
=5811.172

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))
=12342.783 - 2228.62 - ( 3524.151 - max(0, 4692.119 - 9186.244+3524.151))
=6590.012

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:

AsiaInfo Technologies'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 )
=922.374/( ( (582.801 + max(-1234.331, 0)) + (498.642 + max(-2494.228, 0)) )/ 2 )
=922.374/( ( 582.801 + 498.642 )/ 2 )
=922.374/540.7215
=170.58 %

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)
=(1585.97 + 37.924 + 288.634) - (2746.056 + 0 + 400.803)
=-1234.331

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1515.704 + 111.051 + 474.691) - (2228.62 + 0 + 2367.054)
=-2494.228

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:

AsiaInfo Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=711.571/3191.743
=22.29 %

* 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.


AsiaInfo Technologies EBIT Related Terms

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AsiaInfo Technologies (HKSE:01675) Business Description

Traded in Other Exchanges
Address
Northwest Wang East Road, No.10 East, Yaxin Building, East District, Zhongguancun Software Park Phase II, Hai Dian District, Beijing, CHN, 100193
AsiaInfo Technologies Ltd is a provider of telecom software products and related service. The company's product portfolio currently consists of CRM, charging & billing, and big data products to IoT and intelligent network products. Its software products are deployed using an on-premises, project-based delivery model, and are accompanied by end-to-end, professional deployment services. It operates in two segments: Software business segment that comprises software products and related services; data-driven operation services; and others, including sale of third-party hardware and software, system integration services, business consulting services and corporate trainings. The Network security business segment engages in the provision of network security-related software products and services.
Executives
Ccp Ii Gp Ltd. 2201 Interest of corporation controlled by you
Bei Jing Ya Xin Xin Xing Zhe Zi Xun You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Asiainfo Security Technologies Company Limited 2101 Beneficial owner
Zhang Yichen 2201 Interest of corporation controlled by you
Trustar Capital Holdings Limited 2201 Interest of corporation controlled by you
Tian Suning 2201 Interest of corporation controlled by you
Skipper Investment Limited 2101 Beneficial owner
Cp Management Holdings Limited 2201 Interest of corporation controlled by you
Ccp Ltd. 2201 Interest of corporation controlled by you
Citic Capital China Partners Ii, L.p. 2201 Interest of corporation controlled by you
Citic Capital Holdings Limited 2201 Interest of corporation controlled by you
Power Joy (cayman) Limited 2201 Interest of corporation controlled by you
The Core Trust Company Limited 2501 Other
Noble (nominees) Limited 2302 Custodian
Sino Venture Capital 1 Vcc 2201 Interest of corporation controlled by you

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