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Wafer Works (Shanghai) Co (SHSE:688584) EBIT : ¥149 Mil (TTM As of Sep. 2024)


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What is Wafer Works (Shanghai) Co EBIT?

Wafer Works (Shanghai) Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥37 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥149 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wafer Works (Shanghai) Co's annualized ROC % for the quarter that ended in Sep. 2024 was 4.87%. Wafer Works (Shanghai) 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. Wafer Works (Shanghai) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.09%.


Wafer Works (Shanghai) Co EBIT Historical Data

The historical data trend for Wafer Works (Shanghai) 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.

Wafer Works (Shanghai) Co EBIT Chart

Wafer Works (Shanghai) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 166.17 111.20 285.40 454.63 316.84

Wafer Works (Shanghai) Co Quarterly Data
Dec17 Dec18 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 Premium Member Only Premium Member Only 104.73 45.13 29.63 37.47 36.94

Competitive Comparison of Wafer Works (Shanghai) Co's EBIT

For the Semiconductor Equipment & Materials subindustry, Wafer Works (Shanghai) 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.


Wafer Works (Shanghai) Co's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Wafer Works (Shanghai) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wafer Works (Shanghai) Co's EV-to-EBIT falls into.



Wafer Works (Shanghai) 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 ¥149 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.


Wafer Works (Shanghai) Co  (SHSE:688584) EBIT Explanation

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

Wafer Works (Shanghai) 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 )
=158.224 * ( 1 - 7.09% )/( (2931.01 + 3104.577)/ 2 )
=147.0059184/3017.7935
=4.87 %

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))
=4924.941 - 299.911 - ( 1710.945 - max(0, 614.825 - 2308.845+1710.945))
=2931.01

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))
=4535.618 - 113.722 - ( 1317.319 - max(0, 324.541 - 1910.086+1317.319))
=3104.577

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

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

Wafer Works (Shanghai) 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 )
=147.768/( ( (2450.189 + max(218.201, 0)) + (2404.647 + max(401.606, 0)) )/ 2 )
=147.768/( ( 2668.39 + 2806.253 )/ 2 )
=147.768/2737.3215
=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)
=(243.839 + 328.236 + 25.447) - (299.911 + 0 + 79.41)
=218.201

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(244.661 + 316.341 + 30.92) - (113.722 + 0 + 76.594)
=401.606

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:

Wafer Works (Shanghai) Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=149.161/13744.007
=1.09 %

* 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.


Wafer Works (Shanghai) Co EBIT Related Terms

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Wafer Works (Shanghai) Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Changta Road, No. 558, Shihudang Town, Songjiang District, Shanghai, CHN, 201617
Wafer Works (Shanghai) Co Ltd is engaged in the manufacturing of semiconductor silicon epitaxial wafers in China. Its main products are semiconductor silicon epitaxial wafers and is mainly used to prepare power devices and analog chips, and are widely used in automobiles, communications, electric power, industry, consumer electronics, high-end equipment, and other fields.
Executives
Wu Hong Ming Core technical personnel
Zhong You Sheng Core technical personnel
Gao Xuan Core technical personnel
Chen Jian Gang Senior management, core technical personnel
Guan Ji Meng senior management
Jiao Ping Hai Director
Mao Rui Yuan Director
Zou Chong Sheng Core technical personnel
Tai Zhong He Director
Shang Hai Bo Core technical personnel
Lin Jian Heng Core technical personnel
Zhuang Zi Beng senior management
Liu Su Sheng Director

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