GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Deren Electronic Co Ltd (SZSE:002055) » Definitions » EBIT

Shenzhen Deren Electronic Co (SZSE:002055) EBIT : ¥-376 Mil (TTM As of Sep. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Shenzhen Deren Electronic Co EBIT?

Shenzhen Deren Electronic Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-27 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-376 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen Deren Electronic Co's annualized ROC % for the quarter that ended in Sep. 2024 was -4.15%. Shenzhen Deren Electronic Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -5.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen Deren Electronic Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -10.86%.


Shenzhen Deren Electronic Co EBIT Historical Data

The historical data trend for Shenzhen Deren 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 Deren Electronic Co EBIT Chart

Shenzhen Deren Electronic 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 -442.49 -43.46 -475.19 -144.75 -139.54

Shenzhen Deren Electronic 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 22.10 -256.30 -27.76 -65.59 -26.57

Competitive Comparison of Shenzhen Deren Electronic Co's EBIT

For the Electronic Components subindustry, Shenzhen Deren 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 Deren Electronic Co's EV-to-EBIT Distribution in the Hardware Industry

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

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


;
;

Shenzhen Deren 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 ¥-376 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 Deren Electronic Co  (SZSE:002055) EBIT Explanation

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

Shenzhen Deren 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 )
=-178.128 * ( 1 - -7.66% )/( (4648.542 + 4597.25)/ 2 )
=-191.7726048/4622.896
=-4.15 %

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))
=7678.608 - 2791.333 - ( 238.733 - max(0, 3382.933 - 3770.08+238.733))
=4648.542

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))
=7559.127 - 2752.496 - ( 209.381 - max(0, 3333.968 - 3606.84+209.381))
=4597.25

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 Deren 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 )
=-106.288/( ( (1971.914 + max(66.943, 0)) + (1979.3 + max(-35.876, 0)) )/ 2 )
=-106.288/( ( 2038.857 + 1979.3 )/ 2 )
=-106.288/2009.0785
=-5.29 %

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)
=(1654.004 + 911.443 + 309.892) - (2791.333 + 0 + 17.063)
=66.943

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1512.931 + 944.859 + 294.214) - (2752.496 + 0 + 35.384)
=-35.876

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-376.222/3465.069
=-10.86 %

* 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 Deren Electronic Co EBIT Related Terms

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


Shenzhen Deren Electronic Co Business Description

Traded in Other Exchanges
N/A
Address
Guangming Street, Deren Industrial Park, Guanguang Road, Guangdong Province, Shenzhen, CHN, 518107
Shenzhen Deren Electronic Co Ltd is a China-based company principally engaged in research, development, manufacturing, and sales of connectors and precision components for home appliance, consumer, and automotive electronics, and telematics technology. Their products include electronic connectors, electronic wire harnesses, precision molds and automotive electronics. Geographically, the company has its business presence in China and other international countries. The organization has three business groups, Home appliance and Consumer Electronics Business Group, Automotive Electronics and Electrics Business Group and Telematics Business Group.
Executives
Rao Qi Executives
Wang Shao Hua Directors, executives
Tian Nan Lv Director
Su Jin Director
Song Sheng Lin Executives
He Lian Hua Securities Affairs Representative
Qiu Wei Min Director
Qiu Jian Min Director
Wang Da Peng Executives
Lan Yu Ping Director
Li Xu Gen Supervisors
Chen Jie Supervisors

Shenzhen Deren Electronic Co Headlines

No Headlines