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Time Interconnect Technology (HKSE:01729) EBIT : HK$609 Mil (TTM As of Jun. 2024)


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What is Time Interconnect Technology EBIT?

Time Interconnect Technology's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$298 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$609 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Time Interconnect Technology's annualized ROC % for the quarter that ended in Jun. 2024 was 12.62%. Time Interconnect Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 16.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Time Interconnect Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.96%.


Time Interconnect Technology EBIT Historical Data

The historical data trend for Time Interconnect 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.

Time Interconnect Technology EBIT Chart

Time Interconnect Technology Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 259.10 310.64 271.32 312.06 608.97

Time Interconnect Technology Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Jun24 Dec24
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 129.22 182.84 236.14 297.94 311.03

Competitive Comparison of Time Interconnect Technology's EBIT

For the Electrical Equipment & Parts subindustry, Time Interconnect 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.


Time Interconnect Technology's EV-to-EBIT Distribution in the Industrial Products Industry

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

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


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Time Interconnect 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$609 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.


Time Interconnect Technology  (HKSE:01729) EBIT Explanation

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

Time Interconnect 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: Sep. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=604.196 * ( 1 - 20.47% )/( (4407.074 + 3209.173)/ 2 )
=480.5170788/3808.1235
=12.62 %

where

Invested Capital(Q: Sep. 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))
=5817.189 - 1022.858 - ( 387.257 - max(0, 3878.196 - 4618.229+387.257))
=4407.074

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))
=5521.042 - 1372.661 - ( 939.208 - max(0, 3282.623 - 4321.358+939.208))
=3209.173

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:

Time Interconnect 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: Sep. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=595.884/( ( (1196.898 + max(3145.931, 0)) + (1197.253 + max(1873.393, 0)) )/ 2 )
=595.884/( ( 4342.829 + 3070.646 )/ 2 )
=595.884/3706.7375
=16.08 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1299.837 + 2205.046 + 688.573) - (1022.858 + 0 + 24.667)
=3145.931

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1104.087 + 1511.421 + 714.671) - (1372.661 + 0 + 84.125)
=1873.393

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=608.974/10218.013
=5.96 %

* 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.


Time Interconnect Technology EBIT Related Terms

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Time Interconnect Technology Business Description

Traded in Other Exchanges
N/A
Address
5 Science Park East Avenue, Units 213-221, 2/F, Building 5E, Hong Kong Science Park, Shatin, Hong Kong, HKG
Time Interconnect Technology Ltd is an investment holding company. The company operates in the manufacture and sales of a wide variety of copper, digital cable products, & optical fiber cable assemblies. The firm is organized into two main operating divisions Cable assembly, Digital cables, and Server. The company generates revenue from the Server segment which includes manufacturing and trading of server products. Geographically, the company derives a majority of its revenue from China and also has a presence in the United States of America; Netherlands; Singapore; Hong Kong, Mexico, United Kingdom and Other Countries. The company serves Telecommunication and Data Communication; Healthcare and Transportation and Industrial markets.
Executives
Wang Laichun 2201 Interest of corporation controlled by you
Wang Laisheng 2201 Interest of corporation controlled by you
Li Xun You Xian Gong Si 2201 Interest of corporation controlled by you
Li Xun Jing Mi Gong Ye Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

Time Interconnect Technology Headlines

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