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Shenzhen Envicool Technology Co (SZSE:002837) EBIT : ¥581 Mil (TTM As of Sep. 2024)


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What is Shenzhen Envicool Technology Co EBIT?

Shenzhen Envicool Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥196 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥581 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen Envicool Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was 22.31%. Shenzhen Envicool Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 47.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen Envicool Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.10%.


Shenzhen Envicool Technology Co EBIT Historical Data

The historical data trend for Shenzhen Envicool 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.

Shenzhen Envicool Technology Co EBIT Chart

Shenzhen Envicool 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 197.16 218.74 248.31 341.90 422.91

Shenzhen Envicool 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 136.64 170.27 70.80 143.24 196.49

Competitive Comparison of Shenzhen Envicool Technology Co's EBIT

For the Specialty Industrial Machinery subindustry, Shenzhen Envicool 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.


Shenzhen Envicool Technology Co's EV-to-EBIT Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shenzhen Envicool Technology Co's EV-to-EBIT falls into.


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Shenzhen Envicool 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 ¥581 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.


Shenzhen Envicool Technology Co  (SZSE:002837) EBIT Explanation

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

Shenzhen Envicool 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 )
=750.528 * ( 1 - 11.85% )/( (2923.599 + 3006.317)/ 2 )
=661.590432/2964.958
=22.31 %

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))
=4893.018 - 1309.839 - ( 659.58 - max(0, 2107.943 - 3798.939+659.58))
=2923.599

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))
=5587.127 - 1693.395 - ( 887.415 - max(0, 2495.267 - 4385.866+887.415))
=3006.317

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

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

Shenzhen Envicool 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 )
=785.948/( ( (706.29 + max(924.137, 0)) + (794.545 + max(878.948, 0)) )/ 2 )
=785.948/( ( 1630.427 + 1673.493 )/ 2 )
=785.948/1651.96
=47.58 %

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)
=(1687.461 + 692.503 + 105.388) - (1309.839 + 0 + 251.376)
=924.137

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1822.595 + 896.097 + 159.52) - (1693.395 + 0 + 305.869)
=878.948

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:

Shenzhen Envicool Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=580.806/27657.937
=2.10 %

* 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.


Shenzhen Envicool Technology Co EBIT Related Terms

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Shenzhen Envicool Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Guanlan Street, Building 9, Hongxin Industrial Park, Longhua District, Shenzhen, CHN, 518110
Shenzhen Envicool Technology Co Ltd is engaged in research and development, manufacturing, marketing of environment control equipment providing temperature control solutions and products.
Executives
Qi Yong Directors, executives
Wei Li Chuan Director
Liu Jun Supervisors
Chen Chuan Executives
Ou Xian Hua Directors, Directors, and Executives
Wu Gang Executives
You Guo Bo Executives
Fang Tian Liang Director
Feng De Shu Supervisors
Wang Tie Wang Executives
Chen Tao Executives

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