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Macmic Science & Technology Co (SHSE:688711) EBIT : ¥107 Mil (TTM As of Mar. 2024)


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What is Macmic Science & Technology Co EBIT?

Macmic Science & Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥107 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Macmic Science & Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 was -1.07%. Macmic Science & Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Macmic Science & Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.59%.


Macmic Science & Technology Co EBIT Historical Data

The historical data trend for Macmic Science & Technology 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.

Macmic Science & Technology Co EBIT Chart

Macmic Science & Technology Co Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.77 31.82 75.27 84.48 136.17

Macmic Science & Technology Co Quarterly Data
Dec18 Jun19 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 33.18 39.23 34.31 29.45 3.56

Competitive Comparison of Macmic Science & Technology Co's EBIT

For the Semiconductors subindustry, Macmic Science & Technology 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.


Macmic Science & Technology Co's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Macmic Science & Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Macmic Science & Technology Co's EV-to-EBIT falls into.



Macmic Science & Technology 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 ¥107 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.


Macmic Science & Technology Co  (SHSE:688711) EBIT Explanation

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

Macmic Science & Technology 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 )
=-26.792 * ( 1 - 30.25% )/( (1715.586 + 1788.923)/ 2 )
=-18.68742/1752.2545
=-1.07 %

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))
=2488.991 - 506.966 - ( 266.439 - max(0, 845.975 - 1349.346+266.439))
=1715.586

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))
=2385.469 - 380.336 - ( 216.21 - max(0, 723.191 - 1196.194+216.21))
=1788.923

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

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

Macmic Science & Technology 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 )
=14.256/( ( (838.479 + max(423.947, 0)) + (886.916 + max(440.866, 0)) )/ 2 )
=14.256/( ( 1262.426 + 1327.782 )/ 2 )
=14.256/1295.104
=1.10 %

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)
=(443.633 + 462.538 + 29.653) - (506.966 + 0 + 4.9109999999999)
=423.947

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(297.465 + 494.872 + 30.646) - (380.336 + 0 + 1.7809999999999)
=440.866

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:

Macmic Science & Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=106.553/4112.895
=2.59 %

* 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.


Macmic Science & Technology Co EBIT Related Terms

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Macmic Science & Technology Co (SHSE:688711) Business Description

Traded in Other Exchanges
N/A
Address
18 Huashan Middle Road,, Jiangsu Province, Changzhou, CHN, 213022
Macmic Science & Technology Co Ltd is engaged in the design, research and development, production and sales of power semiconductor chips, single tubes, modules and power modules based on IGBT and FRED.
Executives
Yu Yi Zhang Core technical personnel
Xu Chun Feng senior management
Li Si Ping Director
Chang Dong Lai senior management
Ding Zi Wen Directors, senior managers
Liu Li Feng Directors, senior managers
Wang Xiao Bao Senior management, core technical personnel

Macmic Science & Technology Co (SHSE:688711) Headlines

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