GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangzhou Haige Communications Group Inc Co (SZSE:002465) » Definitions » EBIT

Guangzhou Haige Communications Group Co (SZSE:002465) EBIT : ¥751 Mil (TTM As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Guangzhou Haige Communications Group Co EBIT?

Guangzhou Haige Communications Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥75 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥751 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guangzhou Haige Communications Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 1.71%. Guangzhou Haige Communications Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guangzhou Haige Communications Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.20%.


Guangzhou Haige Communications Group Co EBIT Historical Data

The historical data trend for Guangzhou Haige Communications Group 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.

Guangzhou Haige Communications Group Co EBIT Chart

Guangzhou Haige Communications Group 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 620.84 656.31 742.85 733.20 732.44

Guangzhou Haige Communications Group 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 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 56.39 275.81 59.86 340.39 75.41

Competitive Comparison of Guangzhou Haige Communications Group Co's EBIT

For the Communication Equipment subindustry, Guangzhou Haige Communications Group 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.


Guangzhou Haige Communications Group Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangzhou Haige Communications Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Guangzhou Haige Communications Group Co's EV-to-EBIT falls into.



Guangzhou Haige Communications Group 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 ¥751 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.


Guangzhou Haige Communications Group Co  (SZSE:002465) EBIT Explanation

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

Guangzhou Haige Communications Group 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 )
=244.032 * ( 1 - 20.45% )/( (10911.549 + 11781.425)/ 2 )
=194.127456/11346.487
=1.71 %

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))
=19433.862 - 3691.608 - ( 4830.705 - max(0, 5329.391 - 13230.256+4830.705))
=10911.549

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))
=19304.906 - 2953.345 - ( 4570.136 - max(0, 5161.107 - 12945.703+4570.136))
=11781.425

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

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

Guangzhou Haige Communications Group 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 )
=301.652/( ( (1863.324 + max(3050.588, 0)) + (1960.702 + max(3748.587, 0)) )/ 2 )
=301.652/( ( 4913.912 + 5709.289 )/ 2 )
=301.652/5311.6005
=5.68 %

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)
=(5333.993 + 1620.323 + 150.196) - (3691.608 + 0 + 362.316)
=3050.588

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5454.813 + 1515.779 + 158.309) - (2953.345 + 0 + 426.969)
=3748.587

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:

Guangzhou Haige Communications Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=751.467/23468.690
=3.20 %

* 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.


Guangzhou Haige Communications Group Co EBIT Related Terms

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


Guangzhou Haige Communications Group Co (SZSE:002465) Business Description

Traded in Other Exchanges
N/A
Address
88 Haiyun Road, Science City, High-tech Industrial Development Zone, Guangzhou, CHN, 510663
Guangzhou Haige Communications Group Inc Co is engaged in the business of manufacturing wireless communication and navigation systems. It provides software solutions to government, finance, transportation, and national defense sectors.
Executives
Yang Hai Zhou Director
Yu Qing Song Directors, executives
Zhou Wei Ji Executives
Jiang Zhen Dong Supervisors
Guo Hong Executives
Yang Wei Lan Executives
Wen Jun Wei Executives
Yu Bin Executives
Wen Li Xia Executives
Tan Wei Ming Directors, executives
Zhang Zhi Qiang Directors, executives
Chen Hua Sheng Directors, executives
Zhang Jian Executives
Wang Jun Director
Zhao You Yong Director

Guangzhou Haige Communications Group Co (SZSE:002465) Headlines

No Headlines