GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hoshine Silicon Industry Co Ltd (SHSE:603260) » Definitions » EBIT

Hoshine Silicon Industry Co (SHSE:603260) EBIT : ¥3,388 Mil (TTM As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Hoshine Silicon Industry Co EBIT?

Hoshine Silicon Industry Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥910 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥3,388 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hoshine Silicon Industry Co's annualized ROC % for the quarter that ended in Sep. 2024 was 3.40%. Hoshine Silicon Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hoshine Silicon Industry Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.60%.


Hoshine Silicon Industry Co EBIT Historical Data

The historical data trend for Hoshine Silicon Industry 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.

Hoshine Silicon Industry Co EBIT Chart

Hoshine Silicon Industry 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 1,508.30 1,836.66 9,992.82 6,625.43 3,991.63

Hoshine Silicon Industry 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 813.22 638.94 892.34 946.26 910.31

Competitive Comparison of Hoshine Silicon Industry Co's EBIT

For the Chemicals subindustry, Hoshine Silicon Industry 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.


Hoshine Silicon Industry Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hoshine Silicon Industry Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hoshine Silicon Industry Co's EV-to-EBIT falls into.



Hoshine Silicon Industry 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 ¥3,388 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.


Hoshine Silicon Industry Co  (SHSE:603260) EBIT Explanation

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

Hoshine Silicon Industry 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 )
=4121.504 * ( 1 - 27.4% )/( (86314.425 + 89767.84)/ 2 )
=2992.211904/88041.1325
=3.40 %

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))
=87895.752 - 18259.502 - ( 1550.749 - max(0, 31476.579 - 14798.404+1550.749))
=86314.425

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))
=88227.529 - 19138.263 - ( 1185.879 - max(0, 34970.227 - 14291.653+1185.879))
=89767.84

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

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

Hoshine Silicon Industry 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 )
=3641.256/( ( (65671.859 + max(-6096.417, 0)) + (66079.449 + max(-7405.916, 0)) )/ 2 )
=3641.256/( ( 65671.859 + 66079.449 )/ 2 )
=3641.256/65875.654
=5.53 %

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)
=(1210.259 + 9591.43 + 1778.72) - (18259.502 + 0 + 417.324)
=-6096.417

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1037.088 + 9941.732 + 1558.929) - (19138.263 + 0 + 805.402)
=-7405.916

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:

Hoshine Silicon Industry Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=3387.853/94205.758
=3.60 %

* 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.


Hoshine Silicon Industry Co EBIT Related Terms

Thank you for viewing the detailed overview of Hoshine Silicon Industry Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Hoshine Silicon Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1988, North Third Ring Road East, 23-24th Floor, Building A, Hengyuan Plaza, Zhejiang Province, Ningbo, CHN, 315300
Hoshine Silicon Industry Co Ltd is engaged in Research and development, production and sales of new silicon-based materials such as industrial silicon and organic silicon.
Executives
Luo Yi Director
Luo Ye Dong Directors, senior managers
Luo Li Guo Director

Hoshine Silicon Industry Co Headlines

No Headlines