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Edianyun (HKSE:02416) EBIT : HK$136 Mil (TTM As of Jun. 2024)


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What is Edianyun EBIT?

Edianyun's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$85 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$136 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Edianyun's annualized ROC % for the quarter that ended in Jun. 2024 was 4.23%. Edianyun's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 7.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Edianyun's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 6.00%.


Edianyun EBIT Historical Data

The historical data trend for Edianyun'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.

Edianyun EBIT Chart

Edianyun Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
9.04 -250.75 -532.30 -829.06

Edianyun Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial -615.43 53.99 -880.10 51.04 85.22

Competitive Comparison of Edianyun's EBIT

For the Information Technology Services subindustry, Edianyun'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.


Edianyun's EV-to-EBIT Distribution in the Software Industry

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

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


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Edianyun 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$136 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.


Edianyun  (HKSE:02416) EBIT Explanation

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

Edianyun'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 )
=201.79 * ( 1 - 22.51% )/( (3669.989 + 3716.627)/ 2 )
=156.367071/3693.308
=4.23 %

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))
=3622.458 - 123.982 - ( 806.203 - max(0, 1370.617 - 1199.104+806.203))
=3669.989

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))
=3514.1 - 112.952 - ( 690.448 - max(0, 1321.343 - 1005.864+690.448))
=3716.627

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:

Edianyun'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 )
=170.444/( ( (2170.016 + max(216.986, 0)) + (2261.886 + max(171.343, 0)) )/ 2 )
=170.444/( ( 2387.002 + 2433.229 )/ 2 )
=170.444/2410.1155
=7.07 %

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)
=(350.116 + 1.754 + 41.031) - (123.982 + 0 + 51.933)
=216.986

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(279.094 + 1.636 + 34.686) - (112.952 + 0 + 31.121)
=171.343

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=136.263/2272.912
=6.00 %

* 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.


Edianyun EBIT Related Terms

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Edianyun Business Description

Traded in Other Exchanges
N/A
Address
No.41 Xixiaokou Road, Yidianyun Building, Haidian District, Beijing, CHN
Edianyun Ltd is an investment holding company and the Group is principally engaged in providing office Internet Technology (IT) integrated solutions to small- and medium-sized enterprises in the PRC. It mainly competes in the office IT integrated solution to market, a fast-growing segment whose penetration rate in the enterprise office IT service market increased from 0.3% in 2017 to 3.3% in 2021, The company mainly generated revenue from pay-as-you-go office IT integrated solutions, sales of devices, and SaaS and other services.
Executives
Mpc Iv L.p. 2101 Beneficial owner
Jpc Edianzu Holdings Limited 2103 Interests held jointly with another person
Tian Jin Hua Qing Hong Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2103 Interests held jointly with another person
Tian Jin Hua Qing Kuai Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2103 Interests held jointly with another person
Tian Jin Hua Qing Yu Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2103 Interests held jointly with another person
Ji Pengcheng 2101 Beneficial owner
Zb Edianzu Holdings Limited 2103 Interests held jointly with another person
Zhang Bin 2103 Interests held jointly with another person
Silver Unicorn Ventures Limited 2201 Interest of corporation controlled by you
Talented Ventures Iii Limited 2101 Beneficial owner
Shunwei China Internet Fund Iii, L.p. 2201 Interest of corporation controlled by you
Shunwei Capital Partners Iii Gp, L.p. 2201 Interest of corporation controlled by you
Shunwei Capital Partners Iii Gp Limited 2201 Interest of corporation controlled by you
Koh Tuck Lye 2201 Interest of corporation controlled by you
Tian Jin Tong Run Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you

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