GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qingdao TGOOD Electric Co Ltd (SZSE:300001) » Definitions » EBIT

Qingdao TGOOD Electric Co (SZSE:300001) EBIT : ¥939 Mil (TTM As of Sep. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Qingdao TGOOD Electric Co EBIT?

Qingdao TGOOD Electric Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥290 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥939 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Qingdao TGOOD Electric Co's annualized ROC % for the quarter that ended in Sep. 2024 was 7.68%. Qingdao TGOOD Electric Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 17.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Qingdao TGOOD Electric Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.06%.


Qingdao TGOOD Electric Co EBIT Historical Data

The historical data trend for Qingdao TGOOD Electric 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.

Qingdao TGOOD Electric Co EBIT Chart

Qingdao TGOOD Electric 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 498.08 166.68 389.25 473.71 692.32

Qingdao TGOOD Electric 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 171.78 393.26 64.76 190.43 290.22

Competitive Comparison of Qingdao TGOOD Electric Co's EBIT

For the Electrical Equipment & Parts subindustry, Qingdao TGOOD Electric 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.


Qingdao TGOOD Electric Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao TGOOD Electric Co's EV-to-EBIT distribution charts can be found below:

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


;
;

Qingdao TGOOD Electric 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 ¥939 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.


Qingdao TGOOD Electric Co  (SZSE:300001) EBIT Explanation

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

Qingdao TGOOD Electric 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 )
=1129.692 * ( 1 - 5.63% )/( (13650.792 + 14113.591)/ 2 )
=1066.0903404/13882.1915
=7.68 %

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))
=23091.807 - 7896.201 - ( 1544.814 - max(0, 12221.476 - 14325.359+1544.814))
=13650.792

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))
=23965.938 - 8314.147 - ( 1538.2 - max(0, 13084.353 - 15213.316+1538.2))
=14113.591

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

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

Qingdao TGOOD Electric 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 )
=1160.872/( ( (5200.663 + max(1375.259, 0)) + (5070.579 + max(1339.178, 0)) )/ 2 )
=1160.872/( ( 6575.922 + 6409.757 )/ 2 )
=1160.872/6492.8395
=17.88 %

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)
=(8198.341 + 1502.002 + 697.886) - (7896.201 + 0 + 1126.769)
=1375.259

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8336.125 + 1835.832 + 743.506) - (8314.147 + 0 + 1262.138)
=1339.178

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=938.67/30637.581
=3.06 %

* 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.


Qingdao TGOOD Electric Co EBIT Related Terms

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


Qingdao TGOOD Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No.336, Songling Road, Laoshan Dist., Shandong, Qingdao, CHN, 266104
Qingdao TGOOD Electric Co Ltd is mainly engaged in the designing and manufacturing of 500kV (and below) power transformation and distribution equipment. It also provides related technical services. The company provides prefabricated Substation and E-House systems for projects in some of the world's most remote locations and inhospitable operating environments.
Executives
Qu Dong Ming Directors, executives
Executives
Song Guo Feng Directors, executives
Guo Xian Jun Supervisors
Du Bo Executives
Guo Yong Guang Executives
Yang Xiao Long Supervisors
Li Hui Executives
Jiang Chuan Executives
Zhou Jun Executives
Li Guang Zhi Executives
Wang Chao Executives
Sun Jian Qiang Independent director
Yu De Xiang Director
Chang Mei Hua Executives

Qingdao TGOOD Electric Co Headlines

No Headlines