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Newland Digital Technology Co (SZSE:000997) EBIT : ¥1,243 Mil (TTM As of Sep. 2024)


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What is Newland Digital Technology Co EBIT?

Newland Digital Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥346 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥1,243 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Newland Digital Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was 23.98%. Newland Digital Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 301.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Newland Digital Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.17%.


Newland Digital Technology Co EBIT Historical Data

The historical data trend for Newland Digital 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.

Newland Digital Technology Co EBIT Chart

Newland Digital Technology 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 799.69 566.74 864.51 -340.67 1,145.39

Newland Digital Technology 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 288.82 244.64 307.80 345.12 345.71

Competitive Comparison of Newland Digital Technology Co's EBIT

For the Software - Application subindustry, Newland Digital 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.


Newland Digital Technology Co's EV-to-EBIT Distribution in the Software Industry

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

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


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Newland Digital 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,243 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.


Newland Digital Technology Co  (SZSE:000997) EBIT Explanation

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

Newland Digital Technology 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 )
=1587.38 * ( 1 - 8.49% )/( (6102.925 + 6013.101)/ 2 )
=1452.611438/6058.013
=23.98 %

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))
=12744.091 - 3931.451 - ( 3768.21 - max(0, 5516.28 - 8225.995+3768.21))
=6102.925

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))
=12621.131 - 3550.18 - ( 4082.041 - max(0, 5087.624 - 8145.474+4082.041))
=6013.101

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

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

Newland Digital Technology 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 )
=1382.832/( ( (455.072 + max(-911.878, 0)) + (460.779 + max(-324.341, 0)) )/ 2 )
=1382.832/( ( 455.072 + 460.779 )/ 2 )
=1382.832/457.9255
=301.98 %

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)
=(1320.453 + 963.135 + 1047.591) - (3931.451 + 0 + 311.606)
=-911.878

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1574.024 + 1007.29 + 937.408) - (3550.18 + 0 + 292.883)
=-324.341

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1243.259/24051.458
=5.17 %

* 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.


Newland Digital Technology Co EBIT Related Terms

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Newland Digital Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.1 Rujiang West Road, New World Science and Technology Park, Mawei District, Fujian Province, Fuzhou, CHN, 350015
Newland Digital Technology Co Ltd, formerly Fujian Newland Computer Co Ltd is an IT products and services provider in China. It provides solutions for barcode recognition, financial payment, mobile and other communications, traffic information and internet finance activities. The company offers barcode recognition technology, POS machines for electronic financial payment, intelligent transportation solutions, cloud computing and big data services, online to offline two-dimensional code marketing services and other solutions. In addition, it provides solutions which integrates software development, hardware manufacturing and system integration in the field of food safety.
Executives
Wang Jing Director
Liu Qing Tao Executives
Chen Ji Sheng Supervisors
Lin Jian Directors, executives
Lin Jian Ping Securities Affairs Representative
Wang Xian Fu Supervisors
Xu Cheng Jian Supervisors
Hu Gang Director
Lin Xue Jie Director
Lin Zheng Rong Supervisors
Qi Hong Executives
Sun Ya Li Directors, executives
Zhang Tie Jun Director
Xu Zhi Ling Executives
Chen Xiang Jie Executives

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