GURUFOCUS.COM » STOCK LIST » Technology » Software » Dareway Software Co Ltd (SHSE:688579) » Definitions » EBIT

Dareway Software Co (SHSE:688579) EBIT : ¥77.2 Mil (TTM As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Dareway Software Co EBIT?

Dareway Software Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥9.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥77.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dareway Software Co's annualized ROC % for the quarter that ended in Sep. 2024 was 4.11%. Dareway Software Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dareway Software Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.05%.


Dareway Software Co EBIT Historical Data

The historical data trend for Dareway Software 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.

Dareway Software Co EBIT Chart

Dareway Software 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 83.56 96.39 107.70 61.31 77.53

Dareway Software 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 10.87 46.23 12.99 8.95 9.05

Competitive Comparison of Dareway Software Co's EBIT

For the Software - Application subindustry, Dareway Software 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.


Dareway Software Co's EV-to-EBIT Distribution in the Software Industry

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

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


;
;

Dareway Software 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 ¥77.2 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.


Dareway Software Co  (SHSE:688579) EBIT Explanation

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

Dareway Software 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 )
=48.804 * ( 1 - -13.33% )/( (1336.984 + 1355.538)/ 2 )
=55.3095732/1346.261
=4.11 %

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))
=1657.248 - 144.213 - ( 176.051 - max(0, 243.717 - 655.109+176.051))
=1336.984

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))
=1626.123 - 140.991 - ( 129.594 - max(0, 235.562 - 628.217+129.594))
=1355.538

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

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

Dareway Software 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 )
=36.2/( ( (617.804 + max(40.557, 0)) + (613.925 + max(69.178, 0)) )/ 2 )
=36.2/( ( 658.361 + 683.103 )/ 2 )
=36.2/670.732
=5.40 %

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)
=(176.246 + 89.321 + 18.707) - (144.213 + 0 + 99.504)
=40.557

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(189.523 + 84.535 + 30.682) - (140.991 + 0 + 94.571)
=69.178

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=77.216/3772.887
=2.05 %

* 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.


Dareway Software Co EBIT Related Terms

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


Dareway Software Co Business Description

Traded in Other Exchanges
N/A
Address
No. 300, Gangxing First Road, High-tech Zone, Shandong Province, Jinan, CHN, 250101
Dareway Software Co Ltd is a provider of domestic industry software solutions and services in the fields of smart government affairs, smart medical insurance and medical care, and smart power consumption. The company provides computer software and hardware product development, production, sales and related technical services.
Executives
Sun Ming senior management
Xiao Zong Shui senior management
Zhao Yong Guang Director
Zhang Shi Dong Director
Wang Xin Jun Supervisors
Li Qing Zhong Director

Dareway Software Co Headlines

No Headlines