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Sichuan Jiuyuan Yinhai Software Co (SZSE:002777) EBIT : ¥181 Mil (TTM As of Mar. 2024)


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What is Sichuan Jiuyuan Yinhai Software Co EBIT?

Sichuan Jiuyuan Yinhai Software Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥181 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sichuan Jiuyuan Yinhai Software Co's annualized ROC % for the quarter that ended in Mar. 2024 was 2.56%. Sichuan Jiuyuan Yinhai Software Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sichuan Jiuyuan Yinhai Software Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.01%.


Sichuan Jiuyuan Yinhai Software Co EBIT Historical Data

The historical data trend for Sichuan Jiuyuan Yinhai Software 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.

Sichuan Jiuyuan Yinhai Software Co EBIT Chart

Sichuan Jiuyuan Yinhai Software 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 198.52 234.59 254.88 208.96 190.45

Sichuan Jiuyuan Yinhai Software 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 19.48 71.12 36.04 63.81 10.51

Competitive Comparison of Sichuan Jiuyuan Yinhai Software Co's EBIT

For the Software - Application subindustry, Sichuan Jiuyuan Yinhai Software 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.


Sichuan Jiuyuan Yinhai Software Co's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Sichuan Jiuyuan Yinhai Software Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sichuan Jiuyuan Yinhai Software Co's EV-to-EBIT falls into.



Sichuan Jiuyuan Yinhai Software 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 ¥181 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.


Sichuan Jiuyuan Yinhai Software Co  (SZSE:002777) EBIT Explanation

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

Sichuan Jiuyuan Yinhai Software 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 )
=56.224 * ( 1 - 20.38% )/( (1681.706 + 1811.773)/ 2 )
=44.7655488/1746.7395
=2.56 %

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))
=2706.126 - 336.144 - ( 688.276 - max(0, 873.831 - 2097.58+688.276))
=1681.706

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))
=2632.864 - 269.818 - ( 551.273 - max(0, 792.787 - 1975.543+551.273))
=1811.773

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

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

Sichuan Jiuyuan Yinhai Software 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 )
=42.024/( ( (140.177 + max(445.49, 0)) + (137.431 + max(535.738, 0)) )/ 2 )
=42.024/( ( 585.667 + 673.169 )/ 2 )
=42.024/629.418
=6.68 %

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)
=(596.212 + 325.337 + 386.354) - (336.144 + 0 + 526.269)
=445.49

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(595.367 + 375.257 + 345.424) - (269.818 + 0 + 510.492)
=535.738

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:

Sichuan Jiuyuan Yinhai Software Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=181.472/6032.296
=3.01 %

* 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.


Sichuan Jiuyuan Yinhai Software Co EBIT Related Terms

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Sichuan Jiuyuan Yinhai Software Co (SZSE:002777) Business Description

Traded in Other Exchanges
N/A
Address
Sansui Road, Building 2, No. 3, Yinhai Core Block, No. 163, High-tech Zone, Jinjiang District, Chengdu, CHN, 610063
Sichuan Jiuyuan Yinhai Software Co Ltd provides enterprise application software solutions and integrated services for livelihood and defense industries. The company's businesses and products coverage of human resources and social security, medical hygiene, provident fund, civil affairs, food and drug supervision, smart city, military and civilian products, and digital military.
Executives
Jiang Hong Executives
Zhan Kai Ming Executives
Yang Cheng Wen Directors, executives
Lian Chun Hua Directors, executives
Qiao Deng Jian Executives
Zhang Wei Executives
Zhou Kai Supervisors
Huang Dan Supervisors
Li Hui Xia Director
Wang Zu Executives
Tian Zhi Yong Executives
Dan Wei Min Executives
Di Jun Zi Executives
Cheng Shu Zhong Supervisors
Hou Chun Mei Supervisors

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