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Nanjing CIGU Technology (SHSE:688448) EBIT : ¥51.5 Mil (TTM As of Sep. 2024)


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What is Nanjing CIGU Technology EBIT?

Nanjing CIGU Technology's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥12.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥51.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nanjing CIGU Technology's annualized ROC % for the quarter that ended in Sep. 2024 was 8.25%. Nanjing CIGU Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 11.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nanjing CIGU Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.24%.


Nanjing CIGU Technology EBIT Historical Data

The historical data trend for Nanjing CIGU Technology'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.

Nanjing CIGU Technology EBIT Chart

Nanjing CIGU Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 49.94 57.75 67.55 50.90 50.60

Nanjing CIGU Technology Quarterly Data
Dec18 Dec19 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 15.62 32.66 -0.95 7.70 12.07

Competitive Comparison of Nanjing CIGU Technology's EBIT

For the Specialty Industrial Machinery subindustry, Nanjing CIGU Technology'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.


Nanjing CIGU Technology's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nanjing CIGU Technology's EV-to-EBIT distribution charts can be found below:

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


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Nanjing CIGU Technology 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 ¥51.5 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.


Nanjing CIGU Technology  (SHSE:688448) EBIT Explanation

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

Nanjing CIGU Technology'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 )
=58.376 * ( 1 - 0.84% )/( (719.939 + 683.783)/ 2 )
=57.8856416/701.861
=8.25 %

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))
=1355.515 - 220.782 - ( 414.794 - max(0, 351.769 - 1046.16+414.794))
=719.939

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))
=1429.776 - 267.523 - ( 478.47 - max(0, 407.074 - 1117.951+478.47))
=683.783

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

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

Nanjing CIGU Technology'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 )
=48.284/( ( (262.066 + max(189.484, 0)) + (270.614 + max(155.192, 0)) )/ 2 )
=48.284/( ( 451.55 + 425.806 )/ 2 )
=48.284/438.678
=11.01 %

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)
=(255.064 + 279.46 + 5.646) - (220.782 + 0 + 129.904)
=189.484

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(258.339 + 292.482 + 10.349) - (267.523 + 0 + 138.455)
=155.192

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=51.474/1212.612
=4.24 %

* 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.


Nanjing CIGU Technology EBIT Related Terms

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Nanjing CIGU Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Jinxin Middle Road, Jiangsu Province (Jiangning Development Zone), iangning District, Nanjing, CHN, 211000
Nanjing CIGU Technology Corp Ltd is engaged in the research and development, production and sales of magnetic levitation fluid machinery and magnetic levitation bearings, high-speed motors, high-speed drives and other core components.
Executives
Dong Ji Yong Directors, senior managers
Xiao Lan Hua Directors, senior managers
Wu Li Hua Director
Fu An Qiang senior management
Wu Ning Chen Directors, senior managers
Rui Bin senior management
Du Zhi Jun senior management
Lin Ying Zhe senior management
Meng Fan Fei Core technical personnel

Nanjing CIGU Technology Headlines

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