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Jiangsu Yinhe Electronics Co (SZSE:002519) EBIT : ¥148 Mil (TTM As of Mar. 2024)


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What is Jiangsu Yinhe Electronics Co EBIT?

Jiangsu Yinhe Electronics Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥148 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiangsu Yinhe Electronics Co's annualized ROC % for the quarter that ended in Mar. 2024 was 4.89%. Jiangsu Yinhe Electronics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiangsu Yinhe Electronics Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.65%.


Jiangsu Yinhe Electronics Co EBIT Historical Data

The historical data trend for Jiangsu Yinhe Electronics 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.

Jiangsu Yinhe Electronics Co EBIT Chart

Jiangsu Yinhe Electronics 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 196.13 211.17 43.47 198.85 192.16

Jiangsu Yinhe Electronics 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 73.71 19.98 34.59 63.89 29.52

Competitive Comparison of Jiangsu Yinhe Electronics Co's EBIT

For the Communication Equipment subindustry, Jiangsu Yinhe Electronics 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.


Jiangsu Yinhe Electronics Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jiangsu Yinhe Electronics Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiangsu Yinhe Electronics Co's EV-to-EBIT falls into.



Jiangsu Yinhe Electronics 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 ¥148 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.


Jiangsu Yinhe Electronics Co  (SZSE:002519) EBIT Explanation

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

Jiangsu Yinhe Electronics 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 )
=118.092 * ( 1 - 7.85% )/( (2187.714 + 2262.705)/ 2 )
=108.821778/2225.2095
=4.89 %

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))
=4462.644 - 519.551 - ( 1755.379 - max(0, 1246.261 - 3416.65+1755.379))
=2187.714

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))
=4362.956 - 432.483 - ( 1667.768 - max(0, 1053.566 - 3327.682+1667.768))
=2262.705

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

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

Jiangsu Yinhe Electronics 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 )
=118.092/( ( (700.843 + max(183.943, 0)) + (689.649 + max(368.442, 0)) )/ 2 )
=118.092/( ( 884.786 + 1058.091 )/ 2 )
=118.092/971.4385
=12.16 %

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)
=(415.443 + 1006.493 + 6.951) - (519.551 + 0 + 725.393)
=183.943

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(467.98 + 943.325 + 10.108) - (432.483 + 0 + 620.488)
=368.442

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:

Jiangsu Yinhe Electronics Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=147.981/4055.583
=3.65 %

* 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.


Jiangsu Yinhe Electronics Co EBIT Related Terms

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Jiangsu Yinhe Electronics Co (SZSE:002519) Business Description

Traded in Other Exchanges
N/A
Address
No. 188 NanHuan Road, TangQiao Town, ZhangJiaGang City, JiangSu Province, CHN, 215611
Jiangsu Yinhe Electronics Co Ltd engages in the military, new energy vehicle, and precision sheet metal businesses in China and internationally. The company offers new-energy electric vehicle (EV) products, including intelligent chargers for electric cars; electric scroll compressors; and precision sheet metal products, including power battery boxes for EVs, solar power inverters, high/low voltage transmission and distribution equipment.
Executives
Wu Jian Ming Directors, executives
Xu Min Executives
Wu Gang Directors, executives
Lin Chao Director
Zhang Jia Tao Supervisors
Zhang Jia Shu Executives
Zhang Yong Jun Independent director
Wang Chun Ya Supervisors
Zhang Hong Directors, executives
Xu Ge Securities Affairs Representative
Pang Ying Director
Xue Li Jun Directors, executives
Zhang Shu Hua Supervisors
Li Xin Executives
Bai Xiao Min Director

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