Zhejiang Founder Motor Co (SZSE:002196) EBIT : ¥126 Mil (TTM As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Zhejiang Founder Motor Co EBIT?

Zhejiang Founder Motor Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥126 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhejiang Founder Motor Co's annualized ROC % for the quarter that ended in Mar. 2024 was -1.34%. Zhejiang Founder Motor Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhejiang Founder Motor Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.09%.

Zhejiang Founder Motor Co EBIT Historical Data

The historical data trend for Zhejiang Founder Motor 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.

Zhejiang Founder Motor Co EBIT Chart

Zhejiang Founder Motor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

30.32

-648.33

8.21

-226.34

139.56

Zhejiang Founder Motor 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															14.07	26.37	66.27	32.85	0.54

Competitive Comparison of Zhejiang Founder Motor Co's EBIT

For the Specialty Industrial Machinery subindustry, Zhejiang Founder Motor 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.

Zhejiang Founder Motor Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Founder Motor Co's EV-to-EBIT distribution charts can be found below:

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

Zhejiang Founder Motor 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 ¥126 Mil.

Zhejiang Founder Motor Co (SZSE:002196) EBIT Explanation

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

Zhejiang Founder Motor 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 )
=	-32.612 * ( 1 - -2.89% )	/	( (2454.382	+	2535.574)	/ 2 )
=	-33.5544868	/	2494.978
=	-1.34 %

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	))
=	4077.26	-	1573.188	-	( 434.978	-	max(0, 2068.023	-	2117.713	+	434.978	))
=	2454.382

	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	))
=	4179.594	-	1710.847	-	( 502.212	-	max(0, 2213.539	-	2146.712	+	502.212	))
=	2535.574

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

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

Zhejiang Founder Motor 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 )
=	2.156	/	( ( (1322.475 + max(-196.56, 0))	+	(1391.016 + max(-629.252, 0)) )	/	2 )
=	2.156	/	( ( 1322.475	+	1391.016 )	/	2 )
=	2.156	/	1356.7455
=	0.16 %

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)
=	(1078.556	+	277.19	+	28.959)	-	(1573.188	+	0	+	8.0770000000002)
=	-196.56

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(724.934	+	321.157	+	43.263)	-	(1710.847	+	0	+	7.7590000000005)
=	-629.252

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	126.022	/	2478.215
	=	5.09 %

Zhejiang Founder Motor Co EBIT Related Terms

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

Zhejiang Founder Motor Co (SZSE:002196) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Founder Motor Co Ltd (SZSE:002196) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 24 Tianning Industrial Zone, Lishui, Zhejiang, CHN, 323000

Website

http://www.fdm.com.cn

Zhejiang Founder Motor Co Ltd is a China-based company engaged in research and development, production and sale of micro special motors. The company is also specialized in energy-saving and new-energy vehicle drivetrains and automotive control systems. Its products include EV motors, automotive motors, energy vehicle motor drives, energy commercial vehicle drive systems, and car controls. The company's products are used in low-speed electric vehicles, light trucks, low-voltage electric vehicles, passenger cars and engineering vehicles.

Executives

Zhang Chi	Director
Niu Ming Kui	Executives
Yang Xiao Hong	Supervisors
Zhang Min	Directors, executives
Mou Jian	Secretary, Director
Weng Wei Wen	Director
Zhou Jian	Supervisors
Ma Bin Wu	Supervisors
Zheng Lian Ming	Independent director
Cai Jun Biao	Director
Mao Xiao Jian	Director
Shu Lin Yan	Securities Affairs Representative
Shen Hu	Supervisors
Liu Guo Ping	Director
Qian Jin	Director

Zhejiang Founder Motor Co (SZSE:002196) Headlines

No Headlines