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Xi an Actionpower Electric Co (SHSE:688719) EBIT : ¥145.1 Mil (TTM As of Mar. 2024)


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What is Xi an Actionpower Electric Co EBIT?

Xi an Actionpower Electric Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥1.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥145.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xi an Actionpower Electric Co's annualized ROC % for the quarter that ended in Mar. 2024 was 1.34%. Xi an Actionpower Electric Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xi an Actionpower Electric Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.46%.


Xi an Actionpower Electric Co EBIT Historical Data

The historical data trend for Xi an Actionpower Electric 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.

Xi an Actionpower Electric Co EBIT Chart

Xi an Actionpower Electric Co Annual Data
Trend Dec12 Dec13 Dec14 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -14.71 34.69 67.36 79.26 152.92

Xi an Actionpower Electric Co Quarterly Data
Dec12 Dec13 Dec14 Mar15 Dec19 Dec20 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 9.27 53.28 44.94 45.44 1.42

Competitive Comparison of Xi an Actionpower Electric Co's EBIT

For the Specialty Industrial Machinery subindustry, Xi an Actionpower Electric 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.


Xi an Actionpower Electric Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xi an Actionpower Electric Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Xi an Actionpower Electric Co's EV-to-EBIT falls into.



Xi an Actionpower Electric 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 ¥145.1 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.


Xi an Actionpower Electric Co  (SHSE:688719) EBIT Explanation

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

Xi an Actionpower Electric 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 )
=5.684 * ( 1 - -74.79% )/( (688.904 + 792.168)/ 2 )
=9.9350636/740.536
=1.34 %

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))
=2292.56 - 357.533 - ( 1246.123 - max(0, 441.324 - 2117.064+1246.123))
=688.904

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))
=2300.779 - 348.069 - ( 1160.542 - max(0, 439.973 - 2080.349+1160.542))
=792.168

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

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

Xi an Actionpower Electric 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 )
=5.684/( ( (131.199 + max(336.892, 0)) + (170.902 + max(400.88, 0)) )/ 2 )
=5.684/( ( 468.091 + 571.782 )/ 2 )
=5.684/519.9365
=1.09 %

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)
=(442.644 + 313.646 + 12.688) - (357.533 + 0 + 74.553)
=336.892

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(434.518 + 365.553 + 33.782) - (348.069 + 0 + 84.904)
=400.88

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:

Xi an Actionpower Electric Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=145.071/2245.706
=6.46 %

* 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.


Xi an Actionpower Electric Co EBIT Related Terms

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Xi an Actionpower Electric Co (SHSE:688719) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Information Avenue, New Industrial Park, High-tech Zone, Shaanxi, Xi'an, CHN, 710119
Xi an Actionpower Electric Co Ltd is engaged in research and development, production and sales of power electronic conversion and control equipment.

Xi an Actionpower Electric Co (SHSE:688719) Headlines

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