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Ocean's King Lighting Science & Technology Co (SZSE:002724) EBIT : ¥-67 Mil (TTM As of Sep. 2024)


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What is Ocean's King Lighting Science & Technology Co EBIT?

Ocean's King Lighting Science & Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-67 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ocean's King Lighting Science & Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was 0.88%. Ocean's King Lighting Science & Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -2.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ocean's King Lighting Science & Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.81%.


Ocean's King Lighting Science & Technology Co EBIT Historical Data

The historical data trend for Ocean's King Lighting Science & 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.

Ocean's King Lighting Science & Technology Co EBIT Chart

Ocean's King Lighting Science & 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 263.90 382.25 480.86 155.75 23.42

Ocean's King Lighting Science & 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 2.99 -81.78 4.06 15.82 -4.99

Competitive Comparison of Ocean's King Lighting Science & Technology Co's EBIT

For the Electrical Equipment & Parts subindustry, Ocean's King Lighting Science & 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.


Ocean's King Lighting Science & Technology Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ocean's King Lighting Science & Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ocean's King Lighting Science & Technology Co's EV-to-EBIT falls into.



Ocean's King Lighting Science & 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 ¥-67 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.


Ocean's King Lighting Science & Technology Co  (SZSE:002724) EBIT Explanation

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

Ocean's King Lighting Science & 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 )
=68.26 * ( 1 - 71.02% )/( (2255.729 + 2252.439)/ 2 )
=19.781748/2254.084
=0.88 %

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))
=3670.335 - 489.079 - ( 925.527 - max(0, 645.744 - 2382.878+925.527))
=2255.729

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))
=3687.616 - 467.989 - ( 967.188 - max(0, 631.58 - 2368.616+967.188))
=2252.439

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

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

Ocean's King Lighting Science & 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 )
=-19.968/( ( (377.24 + max(349.628, 0)) + (366.168 + max(317.596, 0)) )/ 2 )
=-19.968/( ( 726.868 + 683.764 )/ 2 )
=-19.968/705.316
=-2.83 %

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)
=(782.463 + 132.463 + 24.18) - (489.079 + 0 + 100.399)
=349.628

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(732.612 + 145.151 + 28.162) - (467.989 + 0 + 120.34)
=317.596

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:

Ocean's King Lighting Science & Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-66.883/3692.731
=-1.81 %

* 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.


Ocean's King Lighting Science & Technology Co EBIT Related Terms

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Ocean's King Lighting Science & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Gaoxin Road, Ocean's King Science & Technology Tower, No. 1601, Guangming New District, Shenzhen, CHN, 518107
Ocean's King Lighting Science & Technology Co Ltd is a China-based company providing lighting products. It is engaged in the research, development, manufacture, and supply of innovative and reliable indoor and outdoor lighting solutions. The firm is a supplier of lighting products to transportation, power generation, mining, oil and gas, and petrochemical industries. It offers lighting and control products including fixed explosion-proof lighting, fixed professional lighting, mobile professional lighting, portable explosion-proof lighting, portable professional lighting, detectors, controllers, and gateways. The firm also provides value-added services.
Executives
Huang Xiu Qian Director
Chen Yan Directors, executives
Li Cai Fen Director
Yang Zhi Jie Directors, executives
Li Fu Ning Director
Ma Shao Yong Director
Feng Yuan Supervisors
Li Ping Independent director
Chen Shao Feng Director
Zhou Ming Jie Directors, executives
Yan Li Rong Supervisors
Chen Hui Secretary Dong
Yi Nian Feng Supervisors

Ocean's King Lighting Science & Technology Co Headlines

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