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Wuhan Yifi Laser (SHSE:688646) EBIT : ¥113.7 Mil (TTM As of Mar. 2024)


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What is Wuhan Yifi Laser EBIT?

Wuhan Yifi Laser's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥14.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥113.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wuhan Yifi Laser's annualized ROC % for the quarter that ended in Mar. 2024 was 5.47%. Wuhan Yifi Laser's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 14.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wuhan Yifi Laser's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.77%.


Wuhan Yifi Laser EBIT Historical Data

The historical data trend for Wuhan Yifi Laser'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.

Wuhan Yifi Laser EBIT Chart

Wuhan Yifi Laser Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-19.83 12.04 47.71 100.31 106.06

Wuhan Yifi Laser Quarterly Data
Dec19 Dec20 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 7.34 30.40 14.20 54.12 14.95

Competitive Comparison of Wuhan Yifi Laser's EBIT

For the Specialty Industrial Machinery subindustry, Wuhan Yifi Laser'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.


Wuhan Yifi Laser's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuhan Yifi Laser's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wuhan Yifi Laser's EV-to-EBIT falls into.



Wuhan Yifi Laser 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 ¥113.7 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.


Wuhan Yifi Laser  (SHSE:688646) EBIT Explanation

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

Wuhan Yifi Laser'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 )
=57.848 * ( 1 - -7.53% )/( (1195.166 + 1081.2)/ 2 )
=62.2039544/1138.183
=5.47 %

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))
=2475.913 - 297.851 - ( 982.896 - max(0, 797.538 - 1843.723+982.896))
=1195.166

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))
=2381.811 - 271.766 - ( 1028.845 - max(0, 717.358 - 1938.784+1028.845))
=1081.2

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

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

Wuhan Yifi Laser'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 )
=59.78/( ( (163.658 + max(200.374, 0)) + (173.089 + max(276.319, 0)) )/ 2 )
=59.78/( ( 364.032 + 449.408 )/ 2 )
=59.78/406.72
=14.70 %

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)
=(273.523 + 403.679 + 41.557) - (297.851 + 0 + 220.534)
=200.374

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(288.655 + 407.955 + 72.905) - (271.766 + 0 + 221.43)
=276.319

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:

Wuhan Yifi Laser's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=113.662/1970.343
=5.77 %

* 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.


Wuhan Yifi Laser EBIT Related Terms

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Wuhan Yifi Laser (SHSE:688646) Business Description

Traded in Other Exchanges
N/A
Address
No. 999 Gaoxin Avenue, Room 1101, Building C1, Phase I, Longshan Innovation Park, Wuhan Future Science and Technology City, East Lake High-tech Development Zone, Hubei, Wuhan, CHN, 430000
Wuhan Yifi Laser Corp Ltd is engaged in Research and development, design, production and sales of precision laser processing intelligent equipment.

Wuhan Yifi Laser (SHSE:688646) Headlines

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