GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Xinyuren Technology Co Ltd (SHSE:688573) » Definitions » EBIT

Shenzhen Xinyuren Technology Co (SHSE:688573) EBIT : ¥-4.2 Mil (TTM As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Shenzhen Xinyuren Technology Co EBIT?

Shenzhen Xinyuren Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-40.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-4.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen Xinyuren Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was -6.70%. Shenzhen Xinyuren Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -22.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen Xinyuren Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.23%.


Shenzhen Xinyuren Technology Co EBIT Historical Data

The historical data trend for Shenzhen Xinyuren 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.

Shenzhen Xinyuren Technology Co EBIT Chart

Shenzhen Xinyuren Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-21.13 14.09 61.37 75.00 61.68

Shenzhen Xinyuren Technology Co Quarterly Data
Dec19 Dec20 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 -3.47 66.37 -30.31 -0.12 -40.11

Competitive Comparison of Shenzhen Xinyuren Technology Co's EBIT

For the Electrical Equipment & Parts subindustry, Shenzhen Xinyuren 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.


Shenzhen Xinyuren Technology Co's EV-to-EBIT Distribution in the Industrial Products Industry

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

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


;
;

Shenzhen Xinyuren 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-4.2 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.


Shenzhen Xinyuren Technology Co  (SHSE:688573) EBIT Explanation

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

Shenzhen Xinyuren Technology 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 )
=-100.768 * ( 1 - 20.1% )/( (1110.689 + 1292.392)/ 2 )
=-80.513632/1201.5405
=-6.70 %

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))
=1988.245 - 621.243 - ( 256.313 - max(0, 1005.045 - 1523.909+256.313))
=1110.689

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))
=2165.482 - 642.987 - ( 230.103 - max(0, 1218.872 - 1663.415+230.103))
=1292.392

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

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

Shenzhen Xinyuren Technology 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 )
=-160.444/( ( (392.015 + max(319.409, 0)) + (408.111 + max(276.476, 0)) )/ 2 )
=-160.444/( ( 711.424 + 684.587 )/ 2 )
=-160.444/698.0055
=-22.99 %

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)
=(496.581 + 332.835 + 341.994) - (621.243 + 0 + 230.758)
=319.409

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(513.069 + 534.207 + 291.93) - (642.987 + 0 + 419.743)
=276.476

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-4.168/1788.820
=-0.23 %

* 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 Xinyuren Technology Co EBIT Related Terms

Thank you for viewing the detailed overview of Shenzhen Xinyuren Technology Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Xinyuren Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Longcheng Street, 1st - 4th Floor, No. 2 Factory Building, Huilongpu Community, Hongfeng (Longgang) Industrial Factory, Longgang District, Guangdong, Shenzhen, CHN, 518172
Shenzhen Xinyuren Technology Co Ltd is a national high-tech enterprise focusing on high-end equipment. It is mainly engaged in the research and development, production and sales of intelligent manufacturing high-end equipment. The products mainly include lithium-ion battery production equipment and its key components parts and other automation equipment, providing high-end equipment and automation solutions for customers in industries such as lithium-ion batteries, optoelectronics, medical supplies, and hydrogen fuel cells.

Shenzhen Xinyuren Technology Co Headlines

No Headlines