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Weifu High-Technology Group Co (SZSE:200581) EBIT : HK$2,091 Mil (TTM As of Sep. 2024)


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What is Weifu High-Technology Group Co EBIT?

Weifu High-Technology Group Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was HK$374 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was HK$2,091 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Weifu High-Technology Group Co's annualized ROC % for the quarter that ended in Sep. 2024 was 0.04%. Weifu High-Technology Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 29.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Weifu High-Technology Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 11.57%.


Weifu High-Technology Group Co EBIT Historical Data

The historical data trend for Weifu High-Technology Group 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.

Weifu High-Technology Group Co EBIT Chart

Weifu High-Technology Group 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 2,751.07 3,573.39 3,402.87 320.89 2,219.81

Weifu High-Technology Group 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 440.56 592.32 652.79 471.67 374.03

Competitive Comparison of Weifu High-Technology Group Co's EBIT

For the Auto Parts subindustry, Weifu High-Technology Group 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.


Weifu High-Technology Group Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Weifu High-Technology Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Weifu High-Technology Group Co's EV-to-EBIT falls into.


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Weifu High-Technology Group 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 HK$2,091 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.


Weifu High-Technology Group Co  (SZSE:200581) EBIT Explanation

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

Weifu High-Technology Group 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 )
=7.72 * ( 1 - 2.14% )/( (18865.396 + 18734.49)/ 2 )
=7.554792/18799.943
=0.04 %

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))
=29997.846 - 6656.529 - ( 4475.921 - max(0, 7694.487 - 14909.208+4475.921))
=18865.396

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))
=30663.448 - 6715.123 - ( 5213.835 - max(0, 7732.498 - 14981.075+5213.835))
=18734.49

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

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

Weifu High-Technology Group 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 )
=1496.12/( ( (5046.481 + max(-692.463, 0)) + (5170.34 + max(-762.114, 0)) )/ 2 )
=1496.12/( ( 5046.481 + 5170.34 )/ 2 )
=1496.12/5108.4105
=29.29 %

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)
=(3997.162 + 2036.637 + 341.872) - (6656.529 + 0 + 411.605)
=-692.463

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3590.957 + 2401.988 + 369.901) - (6715.123 + 0 + 409.837)
=-762.114

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:

Weifu High-Technology Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=2090.808/18073.419
=11.57 %

* 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.


Weifu High-Technology Group Co EBIT Related Terms

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Weifu High-Technology Group Co Business Description

Traded in Other Exchanges
Address
No. 5, Huashan Road, Xinwu District, Jiangsu Province, Wuxi, CHN, 214028
Weifu High-Technology Group Co Ltd is a manufacturer of automotive components. The company has three reportable segments namely auto fuel injection system and fuel cell components; air management system and automotive post-processing system. It generates maximum revenue from the automotive post-processing system segment.

Weifu High-Technology Group Co Headlines

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