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Newcapec Electronics Co (SZSE:300248) EBIT : ¥114 Mil (TTM As of Jun. 2024)


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What is Newcapec Electronics Co EBIT?

Newcapec Electronics Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ¥2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ¥114 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Newcapec Electronics Co's annualized ROC % for the quarter that ended in Jun. 2024 was -0.60%. Newcapec Electronics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 1.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Newcapec Electronics Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.51%.


Newcapec Electronics Co EBIT Historical Data

The historical data trend for Newcapec Electronics 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.

Newcapec Electronics Co EBIT Chart

Newcapec Electronics 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 185.70 211.04 190.38 132.59 114.10

Newcapec Electronics Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -2.59 19.42 116.57 -24.80 2.45

Competitive Comparison of Newcapec Electronics Co's EBIT

For the Scientific & Technical Instruments subindustry, Newcapec Electronics 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.


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

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

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



Newcapec Electronics 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥114 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.


Newcapec Electronics Co  (SZSE:300248) EBIT Explanation

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

Newcapec Electronics Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-35.62 * ( 1 - 63.96% )/( (2144.233 + 2159.925)/ 2 )
=-12.837448/2152.079
=-0.60 %

where

Invested Capital(Q: Mar. 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))
=2621.44 - 199.16 - ( 278.047 - max(0, 329.316 - 1283.168+278.047))
=2144.233

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))
=2618.05 - 202.295 - ( 255.83 - max(0, 363.682 - 1265.384+255.83))
=2159.925

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

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

Newcapec Electronics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9.784/( ( (226.093 + max(665.104, 0)) + (236.069 + max(668.707, 0)) )/ 2 )
=9.784/( ( 891.197 + 904.776 )/ 2 )
=9.784/897.9865
=1.09 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(690.484 + 213.32 + 22.031) - (199.16 + 0 + 61.571)
=665.104

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(697.518 + 212.475 + 16.001) - (202.295 + 0 + 54.992)
=668.707

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=113.631/3241.468
=3.51 %

* 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.


Newcapec Electronics Co EBIT Related Terms

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Newcapec Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
18 Yingchun Street, High-tech Industrial Development Zone, Henan Province, Zhengzhou, CHN, 450001
Newcapec Electronics Co Ltd is a Chinese company engaged in the development, production, and distribution of smart card applications, which are widely used in schools, financial institutions, and the telecom industry. It offers products such as electronic payment products, identification products, smart hydropower products, radio frequency identification products, smart gas meter products and power carrier products.
Executives
Yang Wen Shou Executives
Yang Wei Guo Directors, executives
Fu Qiu Sheng Directors, executives
Zhao Li Bin Directors, executives
Du Jian Ping Executives
Shang Wei Guo Directors, executives
Liu En Chen Supervisors
Fu Chang Shun Executives
Wang Shi Qing Independent director
Hua Meng Yang Directors, executives
Wang Bao Ling Supervisors
Zhao Xin Securities Affairs Representative
Gao Jian Ming Director

Newcapec Electronics Co Headlines

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