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Scientific Energy (Scientific Energy) EBIT : $1.64 Mil (TTM As of Mar. 2024)


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What is Scientific Energy EBIT?

Scientific Energy's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $0.41 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $1.64 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Scientific Energy's annualized ROC % for the quarter that ended in Mar. 2024 was 2.08%. Scientific Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 389.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Scientific Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.52%.


Scientific Energy EBIT Historical Data

The historical data trend for Scientific Energy'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.

Scientific Energy EBIT Chart

Scientific Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.52 -0.47 -0.96 -3.84 1.89

Scientific Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only 0.66 0.32 0.75 0.16 0.41

Competitive Comparison of Scientific Energy's EBIT

For the Internet Content & Information subindustry, Scientific Energy'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.


Scientific Energy's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Scientific Energy's EV-to-EBIT distribution charts can be found below:

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



Scientific Energy 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.64 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.


Scientific Energy  (OTCPK:SCGY) EBIT Explanation

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

Scientific Energy's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=1.636 * ( 1 - 0% )/( (78.855 + 78.617)/ 2 )
=1.636/78.736
=2.08 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Scientific Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.636/( ( (0.429 + max(-8.796, 0)) + (0.41 + max(-9.846, 0)) )/ 2 )
=1.636/( ( 0.429 + 0.41 )/ 2 )
=1.636/0.4195
=389.99 %

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)
=(1.338 + 0.068 + 0.646) - (9.086 + 0 + 1.762)
=-8.796

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.149 + 0.089 + 1.211) - (11.624 + 0 + 1.671)
=-9.846

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1.638/315.444
=0.52 %

* 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.


Scientific Energy EBIT Related Terms

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Scientific Energy (Scientific Energy) Business Description

Traded in Other Exchanges
N/A
Address
105 Xian Xinghai Great Road, Room K, 9F, Golden Dragon Centre, Macau, CHN
Scientific Energy Inc involves in the e-commerce industry. It is a firm principally engaged in developing a website (Makeliving) for providing an e-commerce platform provisioning exchange of goods and services along with its subsidiary. Makeliving is intended to act both as a platform and as a conduit between individuals or companies who desire to acquire goods and services to individuals or companies who desire to offer goods and services.
Executives
Haitao Jiang 10 percent owner RUA DE MADRID, NO.21, WAN YU VILLAS, 9J, MACAU N5 999078
Aspect Group Ltd 10 percent owner HY DIAMOND EXCHANGE BLDG, SUITE A, 7TH FLOOR, HONG KONG XX CHINA
Liang Huang 10 percent owner NO. 43 KUIHUALI, APT. 502, ZHUHUI DISTRICT, HENGYANG, HUNAN PROVINCE F4 421002
Chan Stanley P.c. 10 percent owner C/O 475 EAST 70TH STREET, #7C, NEW YORK NY 10021
Dale C Gledhill director 630 NORTH 400 WEST, SALT LAKE CITY UT 84103
Todd B Crosland director, 10 percent owner, officer: President 630 NORTH 400 WEST, SALT LAKE CITY UT 84103
Mark Clawson director 630 N. 400 WEST, SALT LAKE CITY UT 84103
Jana K Meyer director, officer: Secretary 630 N. 400 WEST, SALT LAKE CITY UT 84103

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