GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Suzhou Hengmingda Electronic Technology Co Ltd (SZSE:002947) » Definitions » EBIT

Suzhou Hengmingda Electronic Technology Co (SZSE:002947) EBIT : ¥527 Mil (TTM As of Dec. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Suzhou Hengmingda Electronic Technology Co EBIT?

Suzhou Hengmingda Electronic Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ¥171 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ¥527 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Suzhou Hengmingda Electronic Technology Co's annualized ROC % for the quarter that ended in Dec. 2024 was 31.33%. Suzhou Hengmingda Electronic Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 42.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Suzhou Hengmingda Electronic Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 6.41%.


Suzhou Hengmingda Electronic Technology Co EBIT Historical Data

The historical data trend for Suzhou Hengmingda Electronic 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.

Suzhou Hengmingda Electronic Technology Co EBIT Chart

Suzhou Hengmingda Electronic Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121.76 44.19 233.39 324.50 527.21

Suzhou Hengmingda Electronic Technology Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 96.47 63.55 125.82 167.23 170.60

Competitive Comparison of Suzhou Hengmingda Electronic Technology Co's EBIT

For the Electronic Components subindustry, Suzhou Hengmingda Electronic 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.


Suzhou Hengmingda Electronic Technology Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Suzhou Hengmingda Electronic Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Suzhou Hengmingda Electronic Technology Co's EV-to-EBIT falls into.


;
;

Suzhou Hengmingda Electronic 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥527 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.


Suzhou Hengmingda Electronic Technology Co  (SZSE:002947) EBIT Explanation

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

Suzhou Hengmingda Electronic Technology Co's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=683.424 * ( 1 - 15.37% )/( (2062.901 + 1629.225)/ 2 )
=578.3817312/1846.063
=31.33 %

where

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))
=3788.113 - 665.751 - ( 1059.461 - max(0, 683.365 - 3053.322+1059.461))
=2062.901

Invested Capital(Q: Dec. 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))
=3958.684 - 644.699 - ( 1684.76 - max(0, 708.939 - 3214.998+1684.76))
=1629.225

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

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

Suzhou Hengmingda Electronic Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=682.408/( ( (517.233 + max(1299.253, 0)) + (567.325 + max(858.21, 0)) )/ 2 )
=682.408/( ( 1816.486 + 1425.535 )/ 2 )
=682.408/1621.0105
=42.10 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(963.25 + 368.937 + 633.019) - (665.751 + 0 + 0.202)
=1299.253

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1216.951 + 269.804 + 16.473) - (644.699 + 0 + 0.31899999999996)
=858.21

When net working capital is negative, 0 is used.

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

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

Suzhou Hengmingda Electronic Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=527.206/8229.492
=6.41 %

* 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.


Suzhou Hengmingda Electronic Technology Co EBIT Related Terms

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


Suzhou Hengmingda Electronic Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1568 Shipai Taki Road, Bacheng Town, Jiangsu Province, Kunshan City, CHN, 215312
Suzhou Hengmingda Electronic Technology Co Ltd is a technology company. The company is engaged in the design, development, production and sales of consumer electronic functional devices. The products have been widely used in consumer electronics and components such as mobile phones, tablet computers, notebook computers, smart wearable devices.
Executives
Jing Shi Ping Director
Jing Jing Ping Secretary, Director
Jing Jiang Executives
Qi Jun Directors, executives
Xia Chen Executives
Zhu Xiao Hua Director
Wu Zhi Xing Executives
Jing Tian Ping Directors, executives

Suzhou Hengmingda Electronic Technology Co Headlines

No Headlines