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PNC Process Systems Co (SHSE:603690) EBIT : ¥564 Mil (TTM As of Mar. 2024)


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What is PNC Process Systems Co EBIT?

PNC Process Systems Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥107 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥564 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PNC Process Systems Co's annualized ROC % for the quarter that ended in Mar. 2024 was 2.84%. PNC Process Systems Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PNC Process Systems Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.32%.


PNC Process Systems Co EBIT Historical Data

The historical data trend for PNC Process Systems 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.

PNC Process Systems Co EBIT Chart

PNC Process Systems 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 152.83 358.80 451.65 405.96 567.54

PNC Process Systems 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 111.11 93.20 138.47 224.77 107.43

Competitive Comparison of PNC Process Systems Co's EBIT

For the Specialty Industrial Machinery subindustry, PNC Process Systems 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.


PNC Process Systems Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PNC Process Systems Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where PNC Process Systems Co's EV-to-EBIT falls into.



PNC Process Systems 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 ¥564 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.


PNC Process Systems Co  (SHSE:603690) EBIT Explanation

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

PNC Process Systems 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 )
=423.332 * ( 1 - 33.05% )/( (9585.05 + 10381.327)/ 2 )
=283.420774/9983.1885
=2.84 %

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))
=11919.486 - 1447.807 - ( 886.629 - max(0, 4822.034 - 7267.576+886.629))
=9585.05

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))
=12380.991 - 1321.551 - ( 678.113 - max(0, 5081.447 - 7573.987+678.113))
=10381.327

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

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

PNC Process Systems 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 )
=429.728/( ( (2326.283 + max(4027.358, 0)) + (2408.502 + max(4468.953, 0)) )/ 2 )
=429.728/( ( 6353.641 + 6877.455 )/ 2 )
=429.728/6615.548
=6.50 %

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)
=(2418.695 + 2650.359 + 1035.09) - (1447.807 + 0 + 628.979)
=4027.358

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2635.529 + 2974.818 + 930.834) - (1321.551 + 0 + 750.677)
=4468.953

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:

PNC Process Systems Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=563.865/13064.185
=4.32 %

* 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.


PNC Process Systems Co EBIT Related Terms

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PNC Process Systems Co (SHSE:603690) Business Description

Traded in Other Exchanges
N/A
Address
No. 170, Zihai Road, Minhang District, Shanghai, CHN, 200241
PNC Process Systems Co Ltd offers process system solutions for advanced manufacturing enterprises. The solutions cover the design, selection, manufacturing, installation, testing, commissioning, and system hosting services of the entire system. Its product portfolio covers gas delivery system solution, chemical delivery system solutions, process machine secondary, GMS detection control management system, and digital production system, among others. It also offers gasification equipment, wet process machine, ultra-clean electronic materials, media special inspection service, laboratory service, and biopharmaceutical systems and equipment. The systems and services are used in semiconductor, microelectronics, biomedical, photovoltaic, fiber optic, TFT-LCD, LED and other fields.
Executives
Lu Lei senior management
Jiang Yuan Directors, senior managers
Shen Yi Lin senior management
Zhao Hao Director
Chai Xin Ming senior management
Wu Hai Hua Director
Yuan Meng Qi senior management

PNC Process Systems Co (SHSE:603690) Headlines

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