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Leascend Technology Co (SZSE:300051) EBIT : ¥-232.0 Mil (TTM As of Sep. 2024)


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What is Leascend Technology Co EBIT?

Leascend Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-61.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-232.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Leascend Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was -5.66%. Leascend Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -9.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Leascend Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -6.01%.


Leascend Technology Co EBIT Historical Data

The historical data trend for Leascend 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.

Leascend Technology Co EBIT Chart

Leascend Technology 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 -229.03 -46.87 -4.71 -10.27 -35.66

Leascend Technology 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 -6.14 -25.06 -78.90 -66.86 -61.16

Competitive Comparison of Leascend Technology Co's EBIT

For the Software - Application subindustry, Leascend 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.


Leascend Technology Co's EV-to-EBIT Distribution in the Software Industry

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

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


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Leascend 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-232.0 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.


Leascend Technology Co  (SZSE:300051) EBIT Explanation

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

Leascend Technology 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 )
=-208.86 * ( 1 - 14.76% )/( (3144.515 + 3151.624)/ 2 )
=-178.032264/3148.0695
=-5.66 %

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))
=3185.564 - 942.258 - ( 57.725 - max(0, 1274.985 - 373.776+57.725))
=3144.515

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))
=3234.829 - 1010.314 - ( 94.721 - max(0, 1367.355 - 440.246+94.721))
=3151.624

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

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

Leascend Technology 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 )
=-244.644/( ( (2569.177 + max(-842.178, 0)) + (2549.863 + max(-896.953, 0)) )/ 2 )
=-244.644/( ( 2569.177 + 2549.863 )/ 2 )
=-244.644/2559.52
=-9.56 %

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)
=(54.549 + 78.123 + 164.584) - (942.258 + 0 + 197.176)
=-842.178

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(55.312 + 91.624 + 178.492) - (1010.314 + 0 + 212.067)
=-896.953

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-231.985/3862.209
=-6.01 %

* 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.


Leascend Technology Co EBIT Related Terms

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Leascend Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Guanri Road, Phase II, Software Park, 1st Floor, Torch Hi-Tech Industrial Development Zone, Fujian province, Xiamen, CHN, 361008
Leascend Technology Co Ltd, formerly Xiamen 35.com Technology Co Ltd operates in the software service industry in China. It offers enterprise internet solutions, corporate communication solutions, mobile office solutions, and business management solutions. The company provides its clients with enterprise mailboxes, electronic commercial websites, domain registration, smart restaurants, 35 cloud attendance, cloud office bag, office automation systems, among others.
Executives
Zhang Wei Wei Executives
Tang Jing Lei Executives
Chen Tu Bao Supervisors
Yu Cheng Bin Supervisors
Zhang Xiao Chu Executives
Gong Shao Hui Directors, executives
Yang Xiao Liang Directors, Directors, and Executives
Zhang Mei Wen Directors, executives
Shen Wen Ce Director
Li Yun Fei Executives
Ceng Hua Qun Director

Leascend Technology Co Headlines

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