GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hitevision Co Ltd (SZSE:002955) » Definitions » EBIT

Hitevision Co (SZSE:002955) EBIT : ¥351 Mil (TTM As of Sep. 2024)


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

What is Hitevision Co EBIT?

Hitevision Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥128 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥351 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hitevision Co's annualized ROC % for the quarter that ended in Sep. 2024 was 15.28%. Hitevision Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 34.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hitevision Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 9.30%.


Hitevision Co EBIT Historical Data

The historical data trend for Hitevision 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.

Hitevision Co EBIT Chart

Hitevision Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 383.87 127.88 231.00 503.43 467.31

Hitevision 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 225.81 43.76 29.02 150.62 127.83

Competitive Comparison of Hitevision Co's EBIT

For the Electronic Components subindustry, Hitevision 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.


Hitevision Co's EV-to-EBIT Distribution in the Hardware Industry

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

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


;
;

Hitevision 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 ¥351 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.


Hitevision Co  (SZSE:002955) EBIT Explanation

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

Hitevision 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 )
=416.872 * ( 1 - 21.12% )/( (2271.967 + 2032.343)/ 2 )
=328.8286336/2152.155
=15.28 %

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))
=4977.917 - 837.404 - ( 1868.546 - max(0, 1014.788 - 3562.633+1868.546))
=2271.967

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))
=4950.824 - 705.58 - ( 2212.901 - max(0, 945.835 - 3558.492+2212.901))
=2032.343

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

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

Hitevision 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 )
=511.32/( ( (875.804 + max(753.054, 0)) + (857.08 + max(488.18, 0)) )/ 2 )
=511.32/( ( 1628.858 + 1345.26 )/ 2 )
=511.32/1487.059
=34.38 %

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)
=(650.736 + 800.944 + 216.534) - (837.404 + 0 + 77.756)
=753.054

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(434.715 + 672.176 + 215.696) - (705.58 + 0 + 128.827)
=488.18

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=351.227/3774.648
=9.30 %

* 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.


Hitevision Co EBIT Related Terms

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


Hitevision Co Business Description

Traded in Other Exchanges
N/A
Address
9 Shangdi 3rd Street, Room C1104, Block C, Haidian District, Beijing, CHN, 100085
Hitevision Co Ltd is engaged in the design, development, production and sales of intelligent interactive display products and intelligent audiovisual solutions.
Executives
Xie Fang Executives
Xia Liang Directors, executives
Sun Xiao Qiang Director
Long Xu Dong Directors, executives
Lan Jia Independent director
Xing Xiu Qing Director
Zhao Hong Chan Supervisors

Hitevision Co Headlines

No Headlines