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Zhejiang Lante Optics Co (SHSE:688127) EBIT : ¥289 Mil (TTM As of Sep. 2024)


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What is Zhejiang Lante Optics Co EBIT?

Zhejiang Lante Optics Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥129 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥289 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhejiang Lante Optics Co's annualized ROC % for the quarter that ended in Sep. 2024 was 28.45%. Zhejiang Lante Optics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 34.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhejiang Lante Optics Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.66%.


Zhejiang Lante Optics Co EBIT Historical Data

The historical data trend for Zhejiang Lante Optics 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.

Zhejiang Lante Optics Co EBIT Chart

Zhejiang Lante Optics 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 135.32 212.64 159.09 69.25 212.30

Zhejiang Lante Optics 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 84.05 103.91 34.11 22.16 128.97

Competitive Comparison of Zhejiang Lante Optics Co's EBIT

For the Semiconductor Equipment & Materials subindustry, Zhejiang Lante Optics 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.


Zhejiang Lante Optics Co's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zhejiang Lante Optics Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Lante Optics Co's EV-to-EBIT falls into.


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Zhejiang Lante Optics 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 ¥289 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.


Zhejiang Lante Optics Co  (SHSE:688127) EBIT Explanation

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

Zhejiang Lante Optics 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 )
=541.284 * ( 1 - 11.99% )/( (1639.097 + 1709.362)/ 2 )
=476.3840484/1674.2295
=28.45 %

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))
=2102.551 - 254.818 - ( 208.636 - max(0, 374.446 - 640.135+208.636))
=1639.097

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))
=2230.08 - 296.01 - ( 224.708 - max(0, 365.404 - 729.835+224.708))
=1709.362

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

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

Zhejiang Lante Optics 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 )
=515.86/( ( (1308.227 + max(159.382, 0)) + (1351.908 + max(199.769, 0)) )/ 2 )
=515.86/( ( 1467.609 + 1551.677 )/ 2 )
=515.86/1509.643
=34.17 %

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)
=(178.446 + 231.969 + 9.121) - (254.818 + 0 + 5.336)
=159.382

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(285.647 + 207.842 + 6.633) - (296.01 + 0 + 4.343)
=199.769

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:

Zhejiang Lante Optics Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=289.139/7896.450
=3.66 %

* 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.


Zhejiang Lante Optics Co EBIT Related Terms

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Zhejiang Lante Optics Co Business Description

Traded in Other Exchanges
N/A
Address
Honghe Town, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314023
Zhejiang Lante Optics Co Ltd is engaged in production and sales of optical components. The company produces prisms, lenses, glass wafers, glass aspheric lenses, coatings and lens assembly, and has been involved in traditional optics, optoelectronic displays, photovoltaics, automobiles, lighting, optical communications, semiconductors, consumer electronics, medical, virtual/augmented reality and other fields. The processing and manufacturing of optical products can be found in the core components of high-tech products such as telescopes, microscopes, mobile phone, AR/VR, digital cameras, security monitors, multimedia projectors, sights, image measuring equipment, and automobile interior and exterior decoration.
Executives
Yao Liang Directors, senior managers
Li Qing Song Core technical personnel
Xu Ming Yang Core technical personnel
Gao Feng Core technical personnel
Wang Xiao Ming Director
Hu Jian Core technical personnel

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