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Shenzhen United Winners Laser Co (SHSE:688518) EBIT : ¥257 Mil (TTM As of Mar. 2024)


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What is Shenzhen United Winners Laser Co EBIT?

Shenzhen United Winners Laser Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥257 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen United Winners Laser Co's annualized ROC % for the quarter that ended in Mar. 2024 was 4.57%. Shenzhen United Winners Laser Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen United Winners Laser Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.84%.


Shenzhen United Winners Laser Co EBIT Historical Data

The historical data trend for Shenzhen United Winners Laser 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.

Shenzhen United Winners Laser Co EBIT Chart

Shenzhen United Winners Laser Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.85 78.50 98.62 308.32 323.92

Shenzhen United Winners Laser 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 101.42 128.81 62.86 30.83 34.66

Competitive Comparison of Shenzhen United Winners Laser Co's EBIT

For the Specialty Industrial Machinery subindustry, Shenzhen United Winners Laser 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.


Shenzhen United Winners Laser Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen United Winners Laser Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shenzhen United Winners Laser Co's EV-to-EBIT falls into.



Shenzhen United Winners Laser 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 ¥257 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.


Shenzhen United Winners Laser Co  (SHSE:688518) EBIT Explanation

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

Shenzhen United Winners Laser 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 )
=196.372 * ( 1 - 12.81% )/( (3620.715 + 3866.456)/ 2 )
=171.2167468/3743.5855
=4.57 %

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))
=6975.471 - 1976.21 - ( 1378.546 - max(0, 3943.174 - 6023.688+1378.546))
=3620.715

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))
=6860.851 - 1785.271 - ( 1209.124 - max(0, 3804.756 - 5901.845+1209.124))
=3866.456

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

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

Shenzhen United Winners Laser 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 )
=138.628/( ( (731.191 + max(336.436, 0)) + (737.981 + max(697.955, 0)) )/ 2 )
=138.628/( ( 1067.627 + 1435.936 )/ 2 )
=138.628/1251.7815
=11.07 %

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)
=(1476.129 + 2486.466 + 75.067999999999) - (1976.21 + 0 + 1725.017)
=336.436

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1623.865 + 2394.706 + 103.177) - (1785.271 + 0 + 1638.522)
=697.955

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:

Shenzhen United Winners Laser Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=257.16/3761.095
=6.84 %

* 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.


Shenzhen United Winners Laser Co EBIT Related Terms

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Shenzhen United Winners Laser Co (SHSE:688518) Business Description

Traded in Other Exchanges
N/A
Address
3370 Liuxian Avenue, Taoyuan Street, 1203, Building 2, Chongwen Park, Nanshan Zhiyuan, Fuguang Community, Nanshan District, Guangdong Province, Shenzhen, CHN, 518055
Shenzhen United Winners Laser Co Ltd is engaged in production and sales of precision laser welding machines and laser welding automation equipment. The company's laser welding machine and related automation is used in automobile, battery, consumer electronics, sensor, hardware & home appliance, optical communication, flat plate solar energy collectors, mold repair welding machine, laser welding for plastic, laser soldering & brazing, software, among others.
Executives
Zhou Hang Core technical personnel
Lu Guo Jie senior management
Qin Lei senior management
Xie Qiang senior management
Li Yi senior management
Guo Zi Ran senior management
Niu Zeng Qiang Director
Han Jin Long Director
Jia Song Director

Shenzhen United Winners Laser Co (SHSE:688518) Headlines

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