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Ronglian Group (SZSE:002642) EBIT : ¥39 Mil (TTM As of Dec. 2024)


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What is Ronglian Group EBIT?

Ronglian Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ¥23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ¥39 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ronglian Group's annualized ROC % for the quarter that ended in Dec. 2024 was 8.20%. Ronglian Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 14.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ronglian Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 0.88%.


Ronglian Group EBIT Historical Data

The historical data trend for Ronglian Group'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.

Ronglian Group EBIT Chart

Ronglian Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,056.13 61.92 31.46 -314.68 38.66

Ronglian Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -297.53 7.19 7.82 1.11 22.53

Competitive Comparison of Ronglian Group's EBIT

For the Information Technology Services subindustry, Ronglian Group'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.


Ronglian Group's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Ronglian Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ronglian Group's EV-to-EBIT falls into.


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Ronglian Group 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥39 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.


Ronglian Group  (SZSE:002642) EBIT Explanation

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

Ronglian Group's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=111.316 * ( 1 - 7.44% )/( (1443.044 + 1070.105)/ 2 )
=103.0340896/1256.5745
=8.20 %

where

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))
=2477.55 - 667.489 - ( 367.017 - max(0, 1307.681 - 1949.12+367.017))
=1443.044

Invested Capital(Q: Dec. 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))
=2272.546 - 719.203 - ( 483.238 - max(0, 1089.639 - 1753.512+483.238))
=1070.105

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

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

Ronglian Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=90.136/( ( (193.454 + max(566.429, 0)) + (185.562 + max(325.297, 0)) )/ 2 )
=90.136/( ( 759.883 + 510.859 )/ 2 )
=90.136/635.371
=14.19 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(757.961 + 663.22 + 108.739) - (667.489 + 0 + 296.002)
=566.429

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(830.182 + 296.981 + 57.123) - (719.203 + 0 + 139.786)
=325.297

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Ronglian Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=38.659/4373.216
=0.88 %

* 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.


Ronglian Group EBIT Related Terms

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Ronglian Group Business Description

Traded in Other Exchanges
N/A
Address
A10 Jiuxianqiao North Road, UEC Plaza, Building 106, Chaoyang District, Beijing, CHN
Ronglian Group Ltd provides IT solutions and services. Its services include system integration, software development, project management and service system, enterprise cloud service, and other services. The company provides services to education industry, manufacturing industry, finance industry, and telecom industry.
Executives
Wang Dong Hui Directors, executives
Fang Yong Directors, executives
Ju Hai Tao Directors, executives
Huo Xiang Qi Directors, executives
Han Yan Executives
Zhao Chuan Sheng Executives
Luo Li Cheng Executives
Wu Xuan Executives
Peng Jun Lin Executives
Lu Ya Feng Supervisors
Zhang Tong Directors, executives
Shi Wei Hua Directors, executives
Ding Hong Zhen Executives
Gao Feng Executives
Gao Si Hua Independent director

Ronglian Group Headlines

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