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G-bits Network Technology (Xiamen) Co (SHSE:603444) EBIT : ¥1,286 Mil (TTM As of Dec. 2024)


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What is G-bits Network Technology (Xiamen) Co EBIT?

G-bits Network Technology (Xiamen) Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ¥332 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ¥1,286 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. G-bits Network Technology (Xiamen) Co's annualized ROC % for the quarter that ended in Dec. 2024 was 45.64%. G-bits Network Technology (Xiamen) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 231.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. G-bits Network Technology (Xiamen) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 9.74%.


G-bits Network Technology (Xiamen) Co EBIT Historical Data

The historical data trend for G-bits Network Technology (Xiamen) 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.

G-bits Network Technology (Xiamen) Co EBIT Chart

G-bits Network Technology (Xiamen) Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,560.30 2,125.07 2,315.31 1,693.98 1,285.80

G-bits Network Technology (Xiamen) Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 293.87 350.68 384.41 218.50 332.21

Competitive Comparison of G-bits Network Technology (Xiamen) Co's EBIT

For the Electronic Gaming & Multimedia subindustry, G-bits Network Technology (Xiamen) 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.


G-bits Network Technology (Xiamen) Co's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, G-bits Network Technology (Xiamen) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where G-bits Network Technology (Xiamen) Co's EV-to-EBIT falls into.


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G-bits Network Technology (Xiamen) 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,286 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.


G-bits Network Technology (Xiamen) Co  (SHSE:603444) EBIT Explanation

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

G-bits Network Technology (Xiamen) Co's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=1349.608 * ( 1 - -7.69% )/( (3247.313 + 3121.042)/ 2 )
=1453.3928552/3184.1775
=45.64 %

where

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))
=6713.367 - 767.93 - ( 3340.488 - max(0, 1251.192 - 3949.316+3340.488))
=3247.313

Invested Capital(Q: Dec. 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))
=6923.548 - 738.841 - ( 3688.406 - max(0, 1225.127 - 4288.792+3688.406))
=3121.042

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

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

G-bits Network Technology (Xiamen) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1328.852/( ( (598.853 + max(-667.899, 0)) + (549.124 + max(-647.271, 0)) )/ 2 )
=1328.852/( ( 598.853 + 549.124 )/ 2 )
=1328.852/573.9885
=231.51 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(189.295 + 0 + 382.131) - (767.93 + 0 + 471.395)
=-667.899

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(170.943 + 0 + 395.178) - (738.841 + 0 + 474.551)
=-647.271

When net working capital is negative, 0 is used.

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

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

G-bits Network Technology (Xiamen) Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=1285.804/13202.443
=9.74 %

* 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.


G-bits Network Technology (Xiamen) Co EBIT Related Terms

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G-bits Network Technology (Xiamen) Co Business Description

Traded in Other Exchanges
N/A
Address
Room 101, No. 4, Wanghai Road, Xiamen Software Park, Fujian Province, Xiamen, CHN, 361008
G-bits Network Technology (Xiamen) Co Ltd develops video games and other multiplayer online games. It offers client, Web, mobile, and VR games. Geographically, it operates through the region of China.
Executives
Liang Li Li senior management
Lu Hong Yan Director
Gao Yan Director

G-bits Network Technology (Xiamen) Co Headlines

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