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Infotmic Co (SZSE:000670) EBIT : ¥54 Mil (TTM As of Mar. 2024)


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What is Infotmic Co EBIT?

Infotmic Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥54 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Infotmic Co's annualized ROC % for the quarter that ended in Mar. 2024 was 10.03%. Infotmic Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 45.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Infotmic Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.21%.


Infotmic Co EBIT Historical Data

The historical data trend for Infotmic 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.

Infotmic Co EBIT Chart

Infotmic Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -91.10 43.49 108.42 125.87 27.16

Infotmic Co Quarterly Data
Jun19 Sep19 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 8.02 -0.52 22.66 -3.01 35.09

Competitive Comparison of Infotmic Co's EBIT

For the Semiconductors subindustry, Infotmic 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.


Infotmic Co's EV-to-EBIT Distribution in the Semiconductors Industry

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

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



Infotmic 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 ¥54 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.


Infotmic Co  (SZSE:000670) EBIT Explanation

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

Infotmic 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 )
=145.756 * ( 1 - 39.08% )/( (881.675 + 888.205)/ 2 )
=88.7945552/884.94
=10.03 %

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))
=2001.072 - 1177.945 - ( 16.647 - max(0, 1587.671 - 1529.123+16.647))
=881.675

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))
=1821.734 - 973.611 - ( 40.392 - max(0, 1392.682 - 1352.6+40.392))
=888.205

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

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

Infotmic 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 )
=140.348/( ( (9.558 + max(311.185, 0)) + (8.738 + max(290.398, 0)) )/ 2 )
=140.348/( ( 320.743 + 299.136 )/ 2 )
=140.348/309.9395
=45.28 %

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)
=(1073.261 + 395.648 + 32.882) - (1177.945 + 0 + 12.661)
=311.185

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1003.656 + 230.19 + 59.239) - (973.611 + 0 + 29.076)
=290.398

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=54.223/4486.144
=1.21 %

* 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.


Infotmic Co EBIT Related Terms

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Infotmic Co (SZSE:000670) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Lane 500, Shengxia Road, 2nd Floor, Zhangjiang Hi-Tech Park, Jingzhou, CHN
Infotmic Co Ltd is a China-based company engaged in the manufacturing of computer and communications equipment. The product portfolio of the company includes chips such as application processer, Beidou positioning chip, image processor and other chips, Image terminal, products, Intelligent terminal products, commercial equipment and other products. The company is also involved in the field of intelligent system operation by integrating mobile Internet, Internet of Things, Beidou system, intelligent terminal and back-end big data to provide system services such as smart city, data operation, digital ranch and smart home.
Executives
Li Shi Wei Directors, executives
Chen Yan Biao Director
Ding Qiang Supervisors
Chen Zhi Cheng Directors, executives
Tang Zhong Min Director

Infotmic Co (SZSE:000670) Headlines

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