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JA Solar Technology Co (SZSE:002459) EBIT : ¥-92 Mil (TTM As of Sep. 2024)


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What is JA Solar Technology Co EBIT?

JA Solar Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥706 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-92 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. JA Solar Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was 2.43%. JA Solar Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. JA Solar Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.18%.


JA Solar Technology Co EBIT Historical Data

The historical data trend for JA Solar 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.

JA Solar Technology Co EBIT Chart

JA Solar 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 2,189.84 2,318.83 2,907.88 6,669.14 8,482.54

JA Solar 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 2,542.99 141.19 -593.78 -345.80 706.16

Competitive Comparison of JA Solar Technology Co's EBIT

For the Solar subindustry, JA Solar 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.


JA Solar Technology Co's EV-to-EBIT Distribution in the Semiconductors Industry

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

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


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JA Solar 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 ¥-92 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.


JA Solar Technology Co  (SZSE:002459) EBIT Explanation

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

JA Solar 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 )
=2000.6 * ( 1 - 7.67% )/( (75905.088 + 75998.175)/ 2 )
=1847.15398/75951.6315
=2.43 %

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))
=120012.504 - 36706.102 - ( 24930.777 - max(0, 52945.103 - 60346.417+24930.777))
=75905.088

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))
=116287.643 - 34537.861 - ( 24196.778 - max(0, 49793.741 - 55545.348+24196.778))
=75998.175

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

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

JA Solar 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 )
=2824.636/( ( (50153.659 + max(-7498.324, 0)) + (50469.24 + max(-9296.332, 0)) )/ 2 )
=2824.636/( ( 50153.659 + 50469.24 )/ 2 )
=2824.636/50311.4495
=5.61 %

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)
=(10556.845 + 13055.555 + 9454.404) - (36706.102 + 0 + 3859.026)
=-7498.324

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8811.585 + 12024.046 + 8095.49) - (34537.861 + 0 + 3689.592)
=-9296.332

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-92.228/49986.823
=-0.18 %

* 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.


JA Solar Technology Co EBIT Related Terms

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JA Solar Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Auto Museum East Road, No. 1, Building 8, Noble Center, Fengtai District, Beijing, CHN, 100160
JA Solar is one of the top four largest Chinese solar module producers, holding an estimated 10% share of the global market by module production in 2023. JA's products are distributed in over 165 countries and regions. The company operates a vertically integrated production process, spanning from solar wafer and cell manufacturing to module production.
Executives
Cao Yang Feng Director
Zhang Li Directors, executives
Cui Qian Supervisors
Zhang Hao Yi Directors, executives
Wang Jin Xiang Executives
Zhu Xin Sheng Director
Wang Xiang Dong Supervisors
Yang Zhi Bao Executives
Yang Qing Fen Director
Huang Yi Cheng Director
Xu Bo Directors, executives
Yang Zhen Zhong Supervisors
Xue Jian Min Executives
Feng Huan Fu Executives
Li Tian Nong Executives

JA Solar Technology Co Headlines

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