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Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) EBIT : ¥84 Mil (TTM As of Mar. 2024)


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What is Hefei Metalforming Intelligent Manufacturing Co EBIT?

Hefei Metalforming Intelligent Manufacturing Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥84 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hefei Metalforming Intelligent Manufacturing Co's annualized ROC % for the quarter that ended in Mar. 2024 was 1.31%. Hefei Metalforming Intelligent Manufacturing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.86%.

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

Hefei Metalforming Intelligent Manufacturing Co EBIT Historical Data

The historical data trend for Hefei Metalforming Intelligent Manufacturing 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.

Hefei Metalforming Intelligent Manufacturing Co EBIT Chart

Hefei Metalforming Intelligent Manufacturing 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 40.17 42.13 83.30 46.23 93.77

Hefei Metalforming Intelligent Manufacturing Co 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 26.94 37.32 32.09 -2.57 17.66

Competitive Comparison of Hefei Metalforming Intelligent Manufacturing Co's EBIT

For the Specialty Industrial Machinery subindustry, Hefei Metalforming Intelligent Manufacturing 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.

Hefei Metalforming Intelligent Manufacturing Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hefei Metalforming Intelligent Manufacturing Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hefei Metalforming Intelligent Manufacturing Co's EV-to-EBIT falls into.


Hefei Metalforming Intelligent Manufacturing 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥84 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.

Hefei Metalforming Intelligent Manufacturing Co  (SHSE:603011) EBIT Explanation

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

Hefei Metalforming Intelligent Manufacturing Co'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 )
=72.044 * ( 1 - 49.69% )/( (2671.106 + 2868.642)/ 2 )
=36.2453364/2769.874
=1.31 %

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))
=4318.653 - 957.42 - ( 690.127 - max(0, 2051.212 - 3022.51+690.127))
=2671.106

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))
=4135.085 - 757.975 - ( 508.468 - max(0, 1857.794 - 2828.251+508.468))
=2868.642

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

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

Hefei Metalforming Intelligent Manufacturing Co'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 )
=70.652/( ( (434.392 + max(664.187, 0)) + (447.636 + max(864.989, 0)) )/ 2 )
=70.652/( ( 1098.579 + 1312.625 )/ 2 )
=70.652/1205.602
=5.86 %

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)
=(803.352 + 1155.818 + 54.209) - (957.42 + 0 + 391.772)
=664.187

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(766.488 + 1227.513 + 81.524) - (757.975 + 0 + 452.561)
=864.989

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:

Hefei Metalforming Intelligent Manufacturing Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=84.499/3167.579
=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.

Hefei Metalforming Intelligent Manufacturing Co EBIT Related Terms

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Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hefei Metalforming Intelligent Manufacturing Co Ltd (SHSE:603011) » Definitions » EBIT
Comparable Companies
SZSE:301320 SHSE:603015 SHSE:688633 SHSE:603088 SZSE:000880 SZSE:002877 SZSE:301137 SZSE:002196 SZSE:300105 SZSE:300553 GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
Hefei Economic and Technological Development Zone, Ziyun Road 123, Hefei, CHN
Website
http://www.hfpress.com
Hefei Metalforming Intelligent Manufacturing Co Ltd is engaged in the manufacturing of hydraulic press, mechanical press and other intelligent forming equipment and industrial automation equipment. The company's products and services offerings include Precision drop forging hydraulic press, Pipe straightening machine, Elbow forging hydraulic press, Door plank automatic production line, Internal high pressure forming equipment and others. It provides its solutions to Metal forming field, a Non-metal material forming, Vessal field, Aerospace field, Automobile manufacturing field, Light industry and home, Petrochemical pipe fittings field, Rail transportation field, and others.
Executives
Zhang Lan Jun senior management
Wang Yu Shan senior management
Zhang An Ping Director
Li Gui Shan senior management
Han Xiao Feng Director
Wang Xiao Feng Director
Sun Ge senior management
Wang Lei Director
Li Hui senior management
Shi Jian Wei senior management
Yan Jian Wen Director

Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) Headlines

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