GURUFOCUS.COM » STOCK LIST » Technology » Software » Eastcompeace Technology Co Ltd (SZSE:002017) » Definitions » EBIT

Eastcompeace Technology Co (SZSE:002017) EBIT : ¥217 Mil (TTM As of Sep. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Eastcompeace Technology Co EBIT?

Eastcompeace Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥217 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Eastcompeace Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was 16.04%. Eastcompeace Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 120.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Eastcompeace Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.44%.


Eastcompeace Technology Co EBIT Historical Data

The historical data trend for Eastcompeace 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.

Eastcompeace Technology Co EBIT Chart

Eastcompeace 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 48.15 41.70 53.55 123.58 209.15

Eastcompeace 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 43.81 76.82 52.46 40.76 47.33

Competitive Comparison of Eastcompeace Technology Co's EBIT

For the Software - Infrastructure subindustry, Eastcompeace 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.


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

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

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


;
;

Eastcompeace 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 ¥217 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.


Eastcompeace Technology Co  (SZSE:002017) EBIT Explanation

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

Eastcompeace 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 )
=157.62 * ( 1 - 16.34% )/( (849.078 + 794.968)/ 2 )
=131.864892/822.023
=16.04 %

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))
=3010.174 - 730.12 - ( 1826.878 - max(0, 1301.714 - 2732.69+1826.878))
=849.078

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))
=2970.491 - 707.418 - ( 1831.783 - max(0, 1229.77 - 2697.875+1831.783))
=794.968

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

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

Eastcompeace 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 )
=189.324/( ( (158.92 + max(-433.371, 0)) + (154.823 + max(-429.15, 0)) )/ 2 )
=189.324/( ( 158.92 + 154.823 )/ 2 )
=189.324/156.8715
=120.69 %

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)
=(195.461 + 647.127 + 23.62) - (730.12 + 0 + 569.459)
=-433.371

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(190.257 + 585.738 + 22.794) - (707.418 + 0 + 520.521)
=-429.15

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=217.38/3992.336
=5.44 %

* 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.


Eastcompeace Technology Co EBIT Related Terms

Thank you for viewing the detailed overview of Eastcompeace Technology Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Eastcompeace Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Ping Gong Zhong Road, Nanping S&T Industry Community, Guangdon Province, Zhuhai, CHN, 519060
Eastcompeace Technology Co Ltd is a provider of smart card and system solution. The firm provides secure qualified products and services including scratch card, contactless card, dual interface card, citizen card, transportation card, social security card, SIMePay, terminal, device management system, mobile payment system, smart tracking system, banking card perso solution, one card solution, and overall solutions. It caters its services to telecommunications, banking and payment, government and public sectors. The company is based in China with a presence in Singapore, Bangladesh, India, and Russia.
Executives
Zhang Xiao Chuan Directors, executives
Song Gang Executives
Huang Xiao Peng Executives
Shi Wen Zhong Executives
Yuan Jian Guo Executives
Zhou Yong Jian Supervisors
Zhou Zhong Guo Director
Ren Bo Executives
Guo Duan Duan Director
Hu Dan Executives
Yang You Wei Director
Huang Ning Zhai Executives
Zhang Pei De Executives
Li Hai Jiang Executives

Eastcompeace Technology Co Headlines

No Headlines