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Shenzhen SNC Opto Electronic Co (SZSE:001326) EBIT : ¥134 Mil (TTM As of Sep. 2024)


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What is Shenzhen SNC Opto Electronic Co EBIT?

Shenzhen SNC Opto Electronic Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥19 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥134 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen SNC Opto Electronic Co's annualized ROC % for the quarter that ended in Sep. 2024 was 22.23%. Shenzhen SNC Opto Electronic Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 17.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen SNC Opto Electronic Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 9.94%.


Shenzhen SNC Opto Electronic Co EBIT Historical Data

The historical data trend for Shenzhen SNC Opto Electronic 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.

Shenzhen SNC Opto Electronic Co EBIT Chart

Shenzhen SNC Opto Electronic Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
47.18 86.72 122.08 153.33 175.59

Shenzhen SNC Opto Electronic Co Quarterly Data
Dec19 Dec20 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 64.92 25.43 46.48 42.64 19.01

Competitive Comparison of Shenzhen SNC Opto Electronic Co's EBIT

For the Electronic Components subindustry, Shenzhen SNC Opto Electronic 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.


Shenzhen SNC Opto Electronic Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen SNC Opto Electronic Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shenzhen SNC Opto Electronic Co's EV-to-EBIT falls into.


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Shenzhen SNC Opto Electronic 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 ¥134 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.


Shenzhen SNC Opto Electronic Co  (SZSE:001326) EBIT Explanation

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

Shenzhen SNC Opto Electronic 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 )
=121.856 * ( 1 - 1.45% )/( (520.577 + 559.959)/ 2 )
=120.089088/540.268
=22.23 %

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))
=1937.206 - 575.435 - ( 841.194 - max(0, 613.597 - 1524.555+841.194))
=520.577

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))
=1926.297 - 587.924 - ( 778.414 - max(0, 633.038 - 1470.441+778.414))
=559.959

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

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

Shenzhen SNC Opto Electronic 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 )
=76.044/( ( (365.149 + max(62.535, 0)) + (379.143 + max(60.263, 0)) )/ 2 )
=76.044/( ( 427.684 + 439.406 )/ 2 )
=76.044/433.545
=17.54 %

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)
=(386.252 + 217.791 + 41.367) - (575.435 + 0 + 7.4400000000001)
=62.535

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(380.735 + 229.294 + 50.48) - (587.924 + 0 + 12.322)
=60.263

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:

Shenzhen SNC Opto Electronic Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=133.561/1343.552
=9.94 %

* 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.


Shenzhen SNC Opto Electronic Co EBIT Related Terms

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Shenzhen SNC Opto Electronic Co Business Description

Traded in Other Exchanges
N/A
Address
No. 172, Xiangshan Avenue, Yanluo Street, Room 101-601, Building 6, Zhengdaan Industrial City, Luotian, Baoan, Guangdong, Shenzhen, CHN, 518105
Shenzhen SNC Opto Electronic Co Ltd is engaged in research & development, production and sales of medium and high-power LED lighting products.

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