GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dianguang Explosion-proof Technology Co Ltd (SZSE:002730) » Definitions » EBIT

Dianguang Explosion-proof Technology Co (SZSE:002730) EBIT : ¥146 Mil (TTM As of Jun. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Dianguang Explosion-proof Technology Co EBIT?

Dianguang Explosion-proof Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ¥28 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ¥146 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dianguang Explosion-proof Technology Co's annualized ROC % for the quarter that ended in Jun. 2024 was 9.84%. Dianguang Explosion-proof Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 14.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dianguang Explosion-proof Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 7.04%.


Dianguang Explosion-proof Technology Co EBIT Historical Data

The historical data trend for Dianguang Explosion-proof 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.

Dianguang Explosion-proof Technology Co EBIT Chart

Dianguang Explosion-proof 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 85.07 70.78 94.53 100.30 145.07

Dianguang Explosion-proof Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 32.38 42.57 46.34 29.60 27.61

Competitive Comparison of Dianguang Explosion-proof Technology Co's EBIT

For the Electrical Equipment & Parts subindustry, Dianguang Explosion-proof 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.


Dianguang Explosion-proof Technology Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dianguang Explosion-proof Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dianguang Explosion-proof Technology Co's EV-to-EBIT falls into.



Dianguang Explosion-proof 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥146 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.


Dianguang Explosion-proof Technology Co  (SZSE:002730) EBIT Explanation

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

Dianguang Explosion-proof Technology Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=121.896 * ( 1 - -5.89% )/( (1300.062 + 1324.579)/ 2 )
=129.0756744/1312.3205
=9.84 %

where

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))
=2483.393 - 611.968 - ( 571.363 - max(0, 840.133 - 1784.446+571.363))
=1300.062

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))
=2462.122 - 625.198 - ( 512.345 - max(0, 838.823 - 1750.001+512.345))
=1324.579

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

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

Dianguang Explosion-proof Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=110.44/( ( (426.594 + max(352.654, 0)) + (440.344 + max(331.58, 0)) )/ 2 )
=110.44/( ( 779.248 + 771.924 )/ 2 )
=110.44/775.586
=14.24 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(659.849 + 299.008 + 50.248) - (611.968 + 0 + 44.483)
=352.654

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(677.344 + 278.845 + 44.007) - (625.198 + 0 + 43.418)
=331.58

When net working capital is negative, 0 is used.

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

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

Dianguang Explosion-proof Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=146.107/2076.555
=7.04 %

* 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.


Dianguang Explosion-proof Technology Co EBIT Related Terms

Thank you for viewing the detailed overview of Dianguang Explosion-proof Technology Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Dianguang Explosion-proof Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Road Wei 5th, Yueqing Economic Development District, Zhejiang Province, Wenzhou, CHN, 325600
Dianguang Explosion-proof Technology Co Ltd is a China-based explosion protection electrical appliance manufacturer. The company is engaged in the research and development, production, sales, and services of explosion protection electrical appliances. Its product offerings include weatherproof manipulator, explosion protection metal halide lamp, explosion protection floodlight, mining explosion-proof cap lamp, H.V. vacuum breaker, weatherproof distribution box, explosion protection luminescent lighting, explosion protection connection chamber, mining explosion-proof movable substation, among others. Its products are used in coal mine, hazardous zone, marine solutions, weatherproof and application sectors.
Executives
Shi Peng Director
Shi Long Director
Shi Xiao Xia Director
Shi Sui Biao Director
Zhu Dan Supervisors
Wu Feng Tao Independent director

Dianguang Explosion-proof Technology Co Headlines

No Headlines