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Zhejiang Chint Electrics Co (SHSE:601877) EBIT : ¥8,291 Mil (TTM As of Sep. 2024)


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What is Zhejiang Chint Electrics Co EBIT?

Zhejiang Chint Electrics Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥3,244 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥8,291 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhejiang Chint Electrics Co's annualized ROC % for the quarter that ended in Sep. 2024 was 9.65%. Zhejiang Chint Electrics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 20.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhejiang Chint Electrics Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 9.34%.


Zhejiang Chint Electrics Co EBIT Historical Data

The historical data trend for Zhejiang Chint Electrics 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.

Zhejiang Chint Electrics Co EBIT Chart

Zhejiang Chint Electrics 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 5,140.08 8,601.81 5,491.88 7,157.90 7,369.87

Zhejiang Chint Electrics 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 2,400.65 1,276.40 2,197.29 1,573.71 3,243.85

Competitive Comparison of Zhejiang Chint Electrics Co's EBIT

For the Electrical Equipment & Parts subindustry, Zhejiang Chint Electrics 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.


Zhejiang Chint Electrics Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Chint Electrics Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Chint Electrics Co's EV-to-EBIT falls into.


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Zhejiang Chint Electrics 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 ¥8,291 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.


Zhejiang Chint Electrics Co  (SHSE:601877) EBIT Explanation

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

Zhejiang Chint Electrics 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 )
=11045.132 * ( 1 - 15.4% )/( (94109.887 + 99646.739)/ 2 )
=9344.181672/96878.313
=9.65 %

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))
=130735.69 - 25841.049 - ( 10784.754 - max(0, 53504.889 - 77871.689+10784.754))
=94109.887

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))
=134944.327 - 24019.624 - ( 11277.964 - max(0, 52825.21 - 79264.47+11277.964))
=99646.739

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

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

Zhejiang Chint Electrics 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 )
=12975.412/( ( (32716.624 + max(30347.737, 0)) + (34432.744 + max(32116.109, 0)) )/ 2 )
=12975.412/( ( 63064.361 + 66548.853 )/ 2 )
=12975.412/64806.607
=20.02 %

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)
=(15767.514 + 42350.107 + 2566.356) - (25841.049 + 0 + 4495.191)
=30347.737

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16638.826 + 41934.999 + 2663.744) - (24019.624 + 0 + 5101.836)
=32116.109

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:

Zhejiang Chint Electrics Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=8291.249/88749.163
=9.34 %

* 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.


Zhejiang Chint Electrics Co EBIT Related Terms

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Zhejiang Chint Electrics Co Business Description

Traded in Other Exchanges
N/A
Address
Zhengtai Road, Zhengtai Building, Liushi Town Industrial Zone, Zhejiang Province, Yueqing, CHN
Zhejiang Chint Electrics Co Ltd through its subsidiaries engages in the research, development, production, and sale of low-voltage electrical products in China. The company offers Power transformers, Gas Insulated Switchgear, capacitors, insulators, and Cut-out Fuse among other products. The solutions provided by the company include Power Transmission and Distribution Equipment, Electric Power, Solar Power Generation Systems, and Traffic Automation Systems.
Executives
Pan Jie senior management
Zhang Zhi Huan Directors, senior managers
Lin Yi Ming senior management
Wu Bing Chi Supervisors
Nan Cun Hui Director
Zhu Xin Min Director
Lu Chuan Director
Jin Chuan Jun Supervisors
Wang Guo Rong Director
Chou Zhan Wei Director
Guo Mei Jun Director
Nan Cun Fei Director
Chen Guo Liang Director
Lin Li Ming Director
Gao Yi Qiang Supervisors

Zhejiang Chint Electrics Co Headlines

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