GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Henan Thinker Automatic Equipment Co Ltd (SHSE:603508) » Definitions » EBIT

Henan Thinker Automatic Equipment Co (SHSE:603508) EBIT : ¥568 Mil (TTM As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Henan Thinker Automatic Equipment Co EBIT?

Henan Thinker Automatic Equipment Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥152 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥568 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Henan Thinker Automatic Equipment Co's annualized ROC % for the quarter that ended in Sep. 2024 was 16.35%. Henan Thinker Automatic Equipment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 46.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Henan Thinker Automatic Equipment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.59%.


Henan Thinker Automatic Equipment Co EBIT Historical Data

The historical data trend for Henan Thinker Automatic Equipment 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.

Henan Thinker Automatic Equipment Co EBIT Chart

Henan Thinker Automatic Equipment 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 825.50 -512.60 461.74 367.93 466.25

Henan Thinker Automatic Equipment 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 55.17 190.99 122.87 102.15 152.11

Competitive Comparison of Henan Thinker Automatic Equipment Co's EBIT

For the Scientific & Technical Instruments subindustry, Henan Thinker Automatic Equipment 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.


Henan Thinker Automatic Equipment Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Henan Thinker Automatic Equipment Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Henan Thinker Automatic Equipment Co's EV-to-EBIT falls into.


;
;

Henan Thinker Automatic Equipment 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 ¥568 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.


Henan Thinker Automatic Equipment Co  (SHSE:603508) EBIT Explanation

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

Henan Thinker Automatic Equipment 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 )
=608.436 * ( 1 - 14.05% )/( (3201.337 + 3193.756)/ 2 )
=522.950742/3197.5465
=16.35 %

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))
=4794.162 - 178.641 - ( 1414.184 - max(0, 222.245 - 2772.02+1414.184))
=3201.337

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))
=4961.524 - 221.697 - ( 1546.071 - max(0, 251.705 - 2948.822+1546.071))
=3193.756

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

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

Henan Thinker Automatic Equipment 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 )
=608.436/( ( (337.188 + max(936.553, 0)) + (329.61 + max(1020.787, 0)) )/ 2 )
=608.436/( ( 1273.741 + 1350.397 )/ 2 )
=608.436/1312.069
=46.37 %

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)
=(763.24 + 375.108 + 20.45) - (178.641 + 0 + 43.604)
=936.553

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(863.1 + 384.165 + 21.727) - (221.697 + 0 + 26.508)
=1020.787

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:

Henan Thinker Automatic Equipment Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=568.117/7483.797
=7.59 %

* 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.


Henan Thinker Automatic Equipment Co EBIT Related Terms

Thank you for viewing the detailed overview of Henan Thinker Automatic Equipment Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Henan Thinker Automatic Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
No. 97, Science Avenue, High-tech Zone, Henan Province, Zhengzhou, CHN, 450001
Henan Thinker Automatic Equipment Co Ltd is engaged in Software and IT services. Its products include LKJ2000 train running monitor device, Wireless Shunting Locomotive Signaling and monitoring systems, and among others.
Executives
Sun Kun senior management
Wang Pei Zeng Supervisors
Su Zhan Zhan senior management
Fang Wei Director
Jie Zong Guang Director
Zhao Jian Zhou Director
Li Xin Director
Wang Wei Ping Director
Guo Jie Director
Xu Jing Sheng senior management
Luo Yong Jin Supervisors
Qin Wei senior management
Gao Ya Ju senior management

Henan Thinker Automatic Equipment Co Headlines

No Headlines