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Zhejiang Narada Power Source Co (SZSE:300068) EBIT : ¥82 Mil (TTM As of Sep. 2024)


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What is Zhejiang Narada Power Source Co EBIT?

Zhejiang Narada Power Source Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥129 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥82 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhejiang Narada Power Source Co's annualized ROC % for the quarter that ended in Sep. 2024 was 2.15%. Zhejiang Narada Power Source Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhejiang Narada Power Source Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.38%.


Zhejiang Narada Power Source Co EBIT Historical Data

The historical data trend for Zhejiang Narada Power Source 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.

Zhejiang Narada Power Source Co EBIT Chart

Zhejiang Narada Power Source 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 444.97 -180.03 -1,433.64 482.92 240.84

Zhejiang Narada Power Source 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 199.22 -392.19 162.01 183.17 129.03

Competitive Comparison of Zhejiang Narada Power Source Co's EBIT

For the Electrical Equipment & Parts subindustry, Zhejiang Narada Power Source 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.


Zhejiang Narada Power Source Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Narada Power Source Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Narada Power Source Co's EV-to-EBIT falls into.


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Zhejiang Narada Power Source 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 ¥82 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.


Zhejiang Narada Power Source Co  (SZSE:300068) EBIT Explanation

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

Zhejiang Narada Power Source 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 )
=322.388 * ( 1 - -0% )/( (14897.885 + 15041.271)/ 2 )
=322.388/14969.578
=2.15 %

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))
=20765.076 - 4495.392 - ( 2965.232 - max(0, 11746.877 - 13118.676+2965.232))
=14897.885

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))
=19815.709 - 3850.688 - ( 2326.846 - max(0, 11013.716 - 11937.466+2326.846))
=15041.271

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

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

Zhejiang Narada Power Source 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 )
=516.104/( ( (5914.018 + max(4875.526, 0)) + (5818.445 + max(5070.208, 0)) )/ 2 )
=516.104/( ( 10789.544 + 10888.653 )/ 2 )
=516.104/10839.0985
=4.76 %

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)
=(3937.445 + 5112.054 + 816.417) - (4495.392 + 0 + 494.998)
=4875.526

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3423.976 + 4959.469 + 924.466) - (3850.688 + 0 + 387.015)
=5070.208

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:

Zhejiang Narada Power Source Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=82.016/21801.654
=0.38 %

* 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.


Zhejiang Narada Power Source Co EBIT Related Terms

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Zhejiang Narada Power Source Co Business Description

Traded in Other Exchanges
N/A
Address
No.72 Jingguan Road, Qingshan Town, Lin'an Economic Development Zone, Lin'an, Zhejiang, CHN, 311305
Zhejiang Narada Power Source Co Ltd manufactures and supplies batteries. The company is engaged in the development, manufacturing, sales, and service of communication back up, motive power and renewable energy storage batteries and accessories. The company's product portfolio includes - Lead acid batteries of the VRLA type and Lithium-ion cells and batteries. The products are widely used in telecom, electric power, railway and other infrastructure industry.
Executives
Zhu Bao Yi Directors, executives
Qu Yi Directors, executives
Xiang Jia Yuan Executives
Gao Xiu Bing Directors, executives
Liu Cheng Hao Executives
Wang Yue Neng Director
Wang Ying Jiao Directors, executives
He Wei Director
Zhou Qing Zhi Director
Shu Hua Ying Supervisors
Chen Bo Directors, executives
Wang Hai Guang Director
Jiang Kun Ting Director
Chen Xiang Bao Executives
Yang Zu Wei Securities Affairs Representative

Zhejiang Narada Power Source Co Headlines

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