GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Jingquanhua Electronics Co Ltd (SZSE:002885) » Definitions » EBIT

Shenzhen Jingquanhua Electronics Co (SZSE:002885) EBIT : ¥16 Mil (TTM As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Shenzhen Jingquanhua Electronics Co EBIT?

Shenzhen Jingquanhua Electronics Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen Jingquanhua Electronics Co's annualized ROC % for the quarter that ended in Sep. 2024 was 4.25%. Shenzhen Jingquanhua Electronics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen Jingquanhua Electronics Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.46%.


Shenzhen Jingquanhua Electronics Co EBIT Historical Data

The historical data trend for Shenzhen Jingquanhua Electronics 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 Jingquanhua Electronics Co EBIT Chart

Shenzhen Jingquanhua Electronics 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 60.94 41.58 20.45 160.53 35.47

Shenzhen Jingquanhua Electronics 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 6.54 -36.39 13.48 27.28 12.02

Competitive Comparison of Shenzhen Jingquanhua Electronics Co's EBIT

For the Electronic Components subindustry, Shenzhen Jingquanhua Electronics 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 Jingquanhua Electronics Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Jingquanhua Electronics Co's EV-to-EBIT distribution charts can be found below:

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


;
;

Shenzhen Jingquanhua Electronics 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 ¥16 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 Jingquanhua Electronics Co  (SZSE:002885) EBIT Explanation

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

Shenzhen Jingquanhua Electronics 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 )
=75.9 * ( 1 - 18.79% )/( (1539.034 + 1362.24)/ 2 )
=61.63839/1450.637
=4.25 %

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))
=3252.292 - 941.55 - ( 771.708 - max(0, 1674.617 - 2493.886+771.708))
=1539.034

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))
=3154.102 - 1076.938 - ( 714.924 - max(0, 1590.854 - 2384.71+714.924))
=1362.24

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 Jingquanhua Electronics 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 )
=48.072/( ( (505.07 + max(262.33, 0)) + (524.384 + max(438.876, 0)) )/ 2 )
=48.072/( ( 767.4 + 963.26 )/ 2 )
=48.072/865.33
=5.56 %

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)
=(825.989 + 505.559 + 57.98) - (941.55 + 0 + 185.648)
=262.33

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(926.062 + 553.693 + 66.015) - (1076.938 + 0 + 29.956)
=438.876

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 Jingquanhua Electronics Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=16.382/3600.050
=0.46 %

* 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 Jingquanhua Electronics Co EBIT Related Terms

Thank you for viewing the detailed overview of Shenzhen Jingquanhua Electronics Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Jingquanhua Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
Pingqaio Road, Pingdi Street, No. 10, Jingquanhua Technology Industrial Park, Longgang District, Shenzhen, CHN, 518117
Shenzhen Jingquanhua Electronics Co Ltd focuses on the electronics manufacturing industry. It is engaged in the research and development, production, sales and service of magnetic integrated devices and power products. The company's magnetic device products are divided into different categories based on power and size and include; special transformers and magnetic devices which include products like inverters, high frequency inductors, special reactors, potted inductors, high frequency transformers, inductors, filters, and other series. Its power product offerings can be divided into power adapters, chargers, and customized power supplies.
Executives
Li Zhan Gong Directors, executives
Ju Wan Jin Directors, executives
Wang Zhao Hua Directors, executives
Zhang Li Pin Director
He Shi Ping Supervisors
Xie Guang Yuan Supervisors
Zhang Li Yang Director
Cheng Yang Director
Gao An Min Executives
Dou Xiao Yue Executives
Lv Xiao Rong Supervisors

Shenzhen Jingquanhua Electronics Co Headlines

No Headlines