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Bangyan Technology Co (SHSE:688132) EBIT : ¥-35.2 Mil (TTM As of Mar. 2024)


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What is Bangyan Technology Co EBIT?

Bangyan Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥41.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-35.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bangyan Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 was 12.42%. Bangyan Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 21.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bangyan Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.59%.

Bangyan Technology Co EBIT Historical Data

The historical data trend for Bangyan 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.

Bangyan Technology Co EBIT Chart

Bangyan Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 45.77 84.28 92.39 56.01 -66.05

Bangyan Technology Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 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 10.34 -0.21 -5.48 -70.70 41.15

Competitive Comparison of Bangyan Technology Co's EBIT

For the Communication Equipment subindustry, Bangyan 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.

Bangyan Technology Co's EV-to-EBIT Distribution in the Hardware Industry

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

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


Bangyan 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-35.2 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.

Bangyan Technology Co  (SHSE:688132) EBIT Explanation

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

Bangyan Technology 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 )
=170.804 * ( 1 - 13.5% )/( (1167.46 + 1212.647)/ 2 )
=147.74546/1190.0535
=12.42 %

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))
=1893.268 - 123.033 - ( 602.775 - max(0, 294.715 - 1126.471+602.775))
=1167.46

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))
=1856.789 - 81.593 - ( 562.549 - max(0, 236.794 - 1107.053+562.549))
=1212.647

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

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

Bangyan Technology 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 )
=164.608/( ( (493.886 + max(243.625, 0)) + (487.75 + max(321.93, 0)) )/ 2 )
=164.608/( ( 737.511 + 809.68 )/ 2 )
=164.608/773.5955
=21.28 %

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)
=(297.356 + 166.431 + 4.3400000000001) - (123.033 + 0 + 101.469)
=243.625

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(362.553 + 121.187 + 5.1380000000001) - (81.593 + 0 + 85.355)
=321.93

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-35.233/2210.024
=-1.59 %

* 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.

Bangyan Technology Co EBIT Related Terms

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Bangyan Technology Co (SHSE:688132) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bangyan Technology Co Ltd (SHSE:688132) » Definitions » EBIT
Comparable Companies
SZSE:000836 SZSE:301318 SZSE:300711 SHSE:603660 SZSE:300565 SHSE:688015 SZSE:002369 SZSE:300514 SZSE:300211 SHSE:688592 CSCO MSI SHSE:601138 HPE OHEL:NOKIA SZSE:000063 OSTO:ERIC B SHSE:688036 ZBRA TPE:2345
Traded in Other Exchanges
N/A
Address
No. 100, Zhihe Road, Yuanshan Street, Room 2101, Dakang Community, Longgang District, Guangdong, Shenzhen, CHN, 518064
Website
http://www.bangyan.com.cn
Bangyan Technology Co Ltd is engaged in the research and development, manufacturing, sales and service of information communication and information security equipment.
Executives
Wu Qiu Core technical personnel

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