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Chengdu Zhimingda Electronics Co (SHSE:688636) EBIT : ¥20.7 Mil (TTM As of Sep. 2024)


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What is Chengdu Zhimingda Electronics Co EBIT?

Chengdu Zhimingda Electronics Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-11.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥20.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chengdu Zhimingda Electronics Co's annualized ROC % for the quarter that ended in Sep. 2024 was -2.76%. Chengdu Zhimingda Electronics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -4.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chengdu Zhimingda Electronics Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.49%.


Chengdu Zhimingda Electronics Co EBIT Historical Data

The historical data trend for Chengdu Zhimingda Electronics 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.

Chengdu Zhimingda Electronics Co EBIT Chart

Chengdu Zhimingda Electronics Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 67.49 98.43 122.12 74.09 101.23

Chengdu Zhimingda Electronics 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 23.73 34.47 -15.01 12.63 -11.37

Competitive Comparison of Chengdu Zhimingda Electronics Co's EBIT

For the Computer Hardware subindustry, Chengdu Zhimingda Electronics 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.


Chengdu Zhimingda Electronics Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chengdu Zhimingda Electronics Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Chengdu Zhimingda Electronics Co's EV-to-EBIT falls into.


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Chengdu Zhimingda Electronics 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 ¥20.7 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.


Chengdu Zhimingda Electronics Co  (SHSE:688636) EBIT Explanation

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

Chengdu Zhimingda Electronics 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 )
=-35.684 * ( 1 - 8.25% )/( (1198.46 + 1177.547)/ 2 )
=-32.74007/1188.0035
=-2.76 %

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))
=1466.918 - 247.376 - ( 21.082 - max(0, 358.407 - 1065.095+21.082))
=1198.46

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))
=1489.002 - 297.241 - ( 14.214 - max(0, 377.139 - 1074.113+14.214))
=1177.547

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

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

Chengdu Zhimingda Electronics 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 )
=-45.48/( ( (170.687 + max(711.686, 0)) + (295.047 + max(688.446, 0)) )/ 2 )
=-45.48/( ( 882.373 + 983.493 )/ 2 )
=-45.48/932.933
=-4.87 %

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)
=(698.914 + 265.894 + 3.8019999999999) - (247.376 + 0 + 9.5479999999999)
=711.686

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(677.018 + 315 + 8.9870000000001) - (297.241 + 0 + 15.318)
=688.446

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:

Chengdu Zhimingda Electronics Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=20.72/4236.650
=0.49 %

* 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.


Chengdu Zhimingda Electronics Co EBIT Related Terms

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Chengdu Zhimingda Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
No. 229, Jingye Road, Unit D, Building H3, Qingyang District, Sichuan Province, Chengdu, CHN, 610091
Chengdu Zhimingda Electronics Co Ltd provides customized embedded computer modules and solutions. The company focuses on the development of embedded computers, power supplies and related system equipment, and provides customized solutions, products and services based on customer needs.
Executives
Jiang Hu Director
Wan Chong Gang senior management
Qin Yin Director
Chen Yun Song senior management
Long Bo Director
Wang Yong Director

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