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Lanzhou Great Wall Electrical Co (SHSE:600192) EBIT : ¥-121 Mil (TTM As of Sep. 2024)


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What is Lanzhou Great Wall Electrical Co EBIT?

Lanzhou Great Wall Electrical Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-24 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-121 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lanzhou Great Wall Electrical Co's annualized ROC % for the quarter that ended in Sep. 2024 was -3.14%. Lanzhou Great Wall Electrical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -4.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lanzhou Great Wall Electrical Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -2.98%.


Lanzhou Great Wall Electrical Co EBIT Historical Data

The historical data trend for Lanzhou Great Wall Electrical Co'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.

Lanzhou Great Wall Electrical Co EBIT Chart

Lanzhou Great Wall Electrical Co 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 77.53 -184.00 -100.71 -87.78 -59.28

Lanzhou Great Wall Electrical Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -7.98 -41.90 -15.58 -38.64 -24.43

Competitive Comparison of Lanzhou Great Wall Electrical Co's EBIT

For the Electrical Equipment & Parts subindustry, Lanzhou Great Wall Electrical Co'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.


Lanzhou Great Wall Electrical Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lanzhou Great Wall Electrical Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lanzhou Great Wall Electrical Co's EV-to-EBIT falls into.


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Lanzhou Great Wall Electrical Co 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-121 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.


Lanzhou Great Wall Electrical Co  (SHSE:600192) EBIT Explanation

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

Lanzhou Great Wall Electrical Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-96.976 * ( 1 - 0.11% )/( (3130.605 + 3041.871)/ 2 )
=-96.8693264/3086.238
=-3.14 %

where

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))
=4858.776 - 1313.253 - ( 434.673 - max(0, 3106.862 - 3521.78+434.673))
=3130.605

Invested Capital(Q: Sep. 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))
=4784.64 - 1330.777 - ( 411.992 - max(0, 2863.027 - 3455.097+411.992))
=3041.871

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

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

Lanzhou Great Wall Electrical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-97.704/( ( (846.037 + max(1163.289, 0)) + (841.029 + max(1099.266, 0)) )/ 2 )
=-97.704/( ( 2009.326 + 1940.295 )/ 2 )
=-97.704/1974.8105
=-4.95 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1444.279 + 1179.232 + 132.148) - (1313.253 + 0 + 279.117)
=1163.289

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1439.012 + 1129.605 + 131.972) - (1330.777 + 0 + 270.546)
=1099.266

When net working capital is negative, 0 is used.

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

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

Lanzhou Great Wall Electrical Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-120.543/4048.640
=-2.98 %

* 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.


Lanzhou Great Wall Electrical Co EBIT Related Terms

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Lanzhou Great Wall Electrical Co Business Description

Traded in Other Exchanges
N/A
Address
No. 215 Nongmin Lane, Chengguan District, Lanzhou, Gansu, CHN, 730000
Lanzhou Great Wall Electrical Co Ltd is engaged in the research and development, manufacturing, sales and service of high and medium voltage switchgear complete sets of equipment, high and low voltage electrical components and key components, electric drive automation and new energy control systems, intelligent low voltage complete power distribution devices and busbar trunks. The company also operates fruit and vegetable juice processing, hydropower operation management and new energy batteries.
Executives
Mao Jian Guang Director

Lanzhou Great Wall Electrical Co Headlines

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