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Chengdu Haoneng Technology Co (SHSE:603809) EBIT : ¥463 Mil (TTM As of Dec. 2024)


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What is Chengdu Haoneng Technology Co EBIT?

Chengdu Haoneng Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ¥111 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ¥463 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chengdu Haoneng Technology Co's annualized ROC % for the quarter that ended in Dec. 2024 was 10.31%. Chengdu Haoneng Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 12.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chengdu Haoneng Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 4.20%.


Chengdu Haoneng Technology Co EBIT Historical Data

The historical data trend for Chengdu Haoneng Technology 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.

Chengdu Haoneng Technology Co EBIT Chart

Chengdu Haoneng Technology 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 226.08 273.13 275.97 298.34 463.28

Chengdu Haoneng Technology 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 70.81 114.92 115.57 121.69 111.11

Competitive Comparison of Chengdu Haoneng Technology Co's EBIT

For the Auto Parts subindustry, Chengdu Haoneng Technology 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.


Chengdu Haoneng Technology Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chengdu Haoneng Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Chengdu Haoneng Technology Co's EV-to-EBIT falls into.


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Chengdu Haoneng Technology 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 ¥463 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.


Chengdu Haoneng Technology Co  (SHSE:603809) EBIT Explanation

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

Chengdu Haoneng Technology 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 )
=579.248 * ( 1 - 12.73% )/( (4710.063 + 5097.309)/ 2 )
=505.5097296/4903.686
=10.31 %

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))
=5579.478 - 870.618 - ( 208.216 - max(0, 1815.232 - 1814.029+208.216))
=4710.063

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))
=6222.431 - 799.946 - ( 580.698 - max(0, 1952.555 - 2277.731+580.698))
=5097.309

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

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

Chengdu Haoneng Technology 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 )
=444.432/( ( (3067.015 + max(454.035, 0)) + (3207.92 + max(600.841, 0)) )/ 2 )
=444.432/( ( 3521.05 + 3808.761 )/ 2 )
=444.432/3664.9055
=12.13 %

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)
=(573.213 + 747.723 + 45.729) - (870.618 + 0 + 42.012)
=454.035

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(634.907 + 778.574 + 40.063000000001) - (799.946 + 0 + 52.757)
=600.841

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:

Chengdu Haoneng Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=463.28/11028.681
=4.20 %

* 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.


Chengdu Haoneng Technology Co EBIT Related Terms

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Chengdu Haoneng Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 288 South Second Road, Chengdu Economic and Technological Development Zone, Sichuan Province, Chengdu, CHN, 610100
Chengdu Haoneng Technology Co Ltd is mainly engaged in synchronizer ring, synchronizer, combined tooth, and double Production and sales of automotive parts such as clutch main hub and support in China. Its products include forging synchronizer tooth rings, stamping synchronizer gear rings, and synchronizer gear ring.
Executives
Yang Yan Director
Lu Ya Ping senior management
Zhang Yong Director
Xiang Chao Ming Director
Fu Ping Director
Xiang Xing Xing Director
Mo Yao Supervisors
Hou Fan senior management
Luo Yong Supervisors
Zhang Cheng Supervisors
Xiang Chao Dong Director
Xu Ying Chao senior management
Liao Xin Min Director
Wu Yong Director

Chengdu Haoneng Technology Co Headlines

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