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Inesa Intelligent Tech (SHSE:600602) EBIT : ¥280 Mil (TTM As of Mar. 2024)


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What is Inesa Intelligent Tech EBIT?

Inesa Intelligent Tech's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥68 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥280 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Inesa Intelligent Tech's annualized ROC % for the quarter that ended in Mar. 2024 was 7.11%. Inesa Intelligent Tech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 29.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Inesa Intelligent Tech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.67%.


Inesa Intelligent Tech EBIT Historical Data

The historical data trend for Inesa Intelligent Tech'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.

Inesa Intelligent Tech EBIT Chart

Inesa Intelligent Tech 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 315.28 318.10 319.12 208.47 258.92

Inesa Intelligent Tech 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 47.22 61.67 105.11 44.93 67.89

Competitive Comparison of Inesa Intelligent Tech's EBIT

For the Software - Infrastructure subindustry, Inesa Intelligent Tech'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.


Inesa Intelligent Tech's EV-to-EBIT Distribution in the Software Industry

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

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



Inesa Intelligent Tech 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 ¥280 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.


Inesa Intelligent Tech  (SHSE:600602) EBIT Explanation

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

Inesa Intelligent Tech'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 )
=193.68 * ( 1 - 10.57% )/( (2288.211 + 2584.116)/ 2 )
=173.208024/2436.1635
=7.11 %

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))
=7749.995 - 1739.143 - ( 3933.6 - max(0, 2773.049 - 6495.69+3933.6))
=2288.211

Invested Capital(Q: Mar. 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))
=6870.434 - 1127.432 - ( 3158.886 - max(0, 1988.762 - 5496.848+3158.886))
=2584.116

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

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

Inesa Intelligent Tech'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 )
=271.564/( ( (803.515 + max(-338.92, 0)) + (828.531 + max(211.295, 0)) )/ 2 )
=271.564/( ( 803.515 + 1039.826 )/ 2 )
=271.564/921.6705
=29.46 %

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)
=(708.918 + 1513.168 + 172.565) - (1739.143 + 0 + 994.428)
=-338.92

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(813.16 + 1187.522 + 161.151) - (1127.432 + 0 + 823.106)
=211.295

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:

Inesa Intelligent Tech's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=279.595/10490.735
=2.67 %

* 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.


Inesa Intelligent Tech EBIT Related Terms

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Inesa Intelligent Tech (SHSE:600602) Business Description

Traded in Other Exchanges
Address
No. 200 Zhang Heng Road, Zhangjiang Hi-Tech Park, Building 1, 2nd Floor, Pudong New Area, Shanghai, CHN
Inesa Intelligent Tech Inc is an information technology company. It is a cloud computing and big data, business intelligence solutions and products for the core business of specialized information technology services company.

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