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XTC New Energy Materials (Xiamen) Co (SHSE:688778) EBIT : ¥476 Mil (TTM As of Sep. 2024)


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What is XTC New Energy Materials (Xiamen) Co EBIT?

XTC New Energy Materials (Xiamen) Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥161 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥476 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. XTC New Energy Materials (Xiamen) Co's annualized ROC % for the quarter that ended in Sep. 2024 was 8.55%. XTC New Energy Materials (Xiamen) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. XTC New Energy Materials (Xiamen) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.90%.


XTC New Energy Materials (Xiamen) Co EBIT Historical Data

The historical data trend for XTC New Energy Materials (Xiamen) 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.

XTC New Energy Materials (Xiamen) Co EBIT Chart

XTC New Energy Materials (Xiamen) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 197.78 350.52 712.20 1,300.40 603.51

XTC New Energy Materials (Xiamen) 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 252.19 52.64 137.03 125.17 160.95

Competitive Comparison of XTC New Energy Materials (Xiamen) Co's EBIT

For the Electrical Equipment & Parts subindustry, XTC New Energy Materials (Xiamen) 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.


XTC New Energy Materials (Xiamen) Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, XTC New Energy Materials (Xiamen) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where XTC New Energy Materials (Xiamen) Co's EV-to-EBIT falls into.


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XTC New Energy Materials (Xiamen) 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 ¥476 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.


XTC New Energy Materials (Xiamen) Co  (SHSE:688778) EBIT Explanation

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

XTC New Energy Materials (Xiamen) 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 )
=751.112 * ( 1 - 9.95% )/( (7881.828 + 7946.689)/ 2 )
=676.376356/7914.2585
=8.55 %

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))
=13994.493 - 3906.978 - ( 2205.687 - max(0, 4645.039 - 8048.971+2205.687))
=7881.828

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))
=14611.739 - 4588.238 - ( 2076.812 - max(0, 5093.967 - 8627.631+2076.812))
=7946.689

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

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

XTC New Energy Materials (Xiamen) 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 )
=643.796/( ( (4997.252 + max(1625.759, 0)) + (5040.574 + max(985.304, 0)) )/ 2 )
=643.796/( ( 6623.011 + 6025.878 )/ 2 )
=643.796/6324.4445
=10.18 %

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)
=(2720.077 + 2531.115 + 303.527) - (3906.978 + 0 + 21.982)
=1625.759

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2856.712 + 2490.602 + 262.162) - (4588.238 + 0 + 35.933999999999)
=985.304

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:

XTC New Energy Materials (Xiamen) Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=475.791/16430.233
=2.90 %

* 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.


XTC New Energy Materials (Xiamen) Co EBIT Related Terms

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XTC New Energy Materials (Xiamen) Co Business Description

Traded in Other Exchanges
N/A
Address
One of No. 300 Kejingshe, Fujian Pilot Free Trade Zone, Xiamen, CHN, 361026
XTC New Energy Materials (Xiamen) Co Ltd is engaged in the research and development, production and sales of cathode materials for lithium-ion batteries.

XTC New Energy Materials (Xiamen) Co Headlines

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