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Uni-Trend Technology (China) Co (SHSE:688628) EBIT : ¥193 Mil (TTM As of Mar. 2024)


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What is Uni-Trend Technology (China) Co EBIT?

Uni-Trend Technology (China) Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥64 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥193 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Uni-Trend Technology (China) Co's annualized ROC % for the quarter that ended in Mar. 2024 was 22.33%. Uni-Trend Technology (China) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 39.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Uni-Trend Technology (China) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.82%.


Uni-Trend Technology (China) Co EBIT Historical Data

The historical data trend for Uni-Trend Technology (China) 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.

Uni-Trend Technology (China) Co EBIT Chart

Uni-Trend Technology (China) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 63.77 170.14 120.32 126.72 175.95

Uni-Trend Technology (China) Co Quarterly Data
Dec18 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 47.11 61.17 41.63 26.05 64.38

Competitive Comparison of Uni-Trend Technology (China) Co's EBIT

For the Scientific & Technical Instruments subindustry, Uni-Trend Technology (China) 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.


Uni-Trend Technology (China) Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Uni-Trend Technology (China) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Uni-Trend Technology (China) Co's EV-to-EBIT falls into.



Uni-Trend Technology (China) 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 ¥193 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.


Uni-Trend Technology (China) Co  (SHSE:688628) EBIT Explanation

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

Uni-Trend Technology (China) 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 )
=242.656 * ( 1 - 16.3% )/( (909.392 + 909.992)/ 2 )
=203.103072/909.692
=22.33 %

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))
=1440.757 - 175.367 - ( 355.998 - max(0, 210.605 - 764.304+355.998))
=909.392

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))
=1538.586 - 207.633 - ( 420.961 - max(0, 245.425 - 850.228+420.961))
=909.992

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

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

Uni-Trend Technology (China) 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 )
=257.532/( ( (460.032 + max(197.218, 0)) + (472.995 + max(182.141, 0)) )/ 2 )
=257.532/( ( 657.25 + 655.136 )/ 2 )
=257.532/656.193
=39.25 %

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)
=(97.314 + 291.153 + 18.077) - (175.367 + 0 + 33.959)
=197.218

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(95.364 + 298.106 + 33.055) - (207.633 + 0 + 36.751)
=182.141

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:

Uni-Trend Technology (China) Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=193.222/4005.259
=4.82 %

* 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.


Uni-Trend Technology (China) Co EBIT Related Terms

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Uni-Trend Technology (China) Co (SHSE:688628) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Industrial North 1st Road, Songshan Lake High-tech Industrial Development Zone, Guangdong Province, Dongguan, CHN, 523808
Uni-Trend Technology (China) Co Ltd is engaged in the research and development, production and sales of test and measuring instruments.
Executives
Li Zhi Hai Core technical personnel
Sun Qiao Core technical personnel
Yang Zhi Ling Core technical personnel
Wang Shi Ying Director
Zhang Xing Director
Zhou Jian Hua Director
Gan Zong Xiu Director
Wu Zhong Liang Core technical personnel
Long Ji Zhi Core technical personnel

Uni-Trend Technology (China) Co (SHSE:688628) Headlines

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