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Shenzhen Microgate Technology Co (SZSE:300319) EBIT : ¥371 Mil (TTM As of Sep. 2024)


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What is Shenzhen Microgate Technology Co EBIT?

Shenzhen Microgate Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥118 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥371 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen Microgate Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was 11.35%. Shenzhen Microgate Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 16.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen Microgate Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.41%.


Shenzhen Microgate Technology Co EBIT Historical Data

The historical data trend for Shenzhen Microgate 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.

Shenzhen Microgate Technology Co EBIT Chart

Shenzhen Microgate 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 94.78 81.17 365.89 252.35 313.43

Shenzhen Microgate 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 101.57 85.38 75.15 92.81 117.68

Competitive Comparison of Shenzhen Microgate Technology Co's EBIT

For the Electronic Components subindustry, Shenzhen Microgate 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.


Shenzhen Microgate Technology Co's EV-to-EBIT Distribution in the Hardware Industry

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

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



Shenzhen Microgate 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 ¥371 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.


Shenzhen Microgate Technology Co  (SZSE:300319) EBIT Explanation

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

Shenzhen Microgate 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 )
=555.252 * ( 1 - 15.23% )/( (4020.963 + 4270.416)/ 2 )
=470.6871204/4145.6895
=11.35 %

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))
=6164.971 - 1306.589 - ( 837.419 - max(0, 1537.683 - 2974.415+837.419))
=4020.963

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))
=6549.077 - 1481.26 - ( 797.401 - max(0, 1825.184 - 3262.504+797.401))
=4270.416

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

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

Shenzhen Microgate 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 )
=470.736/( ( (2114.614 + max(631.673, 0)) + (2153.493 + max(737.407, 0)) )/ 2 )
=470.736/( ( 2746.287 + 2890.9 )/ 2 )
=470.736/2818.5935
=16.70 %

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)
=(976.216 + 440.826 + 554.12) - (1306.589 + 0 + 32.9)
=631.673

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1167.547 + 470.586 + 626.758) - (1481.26 + 0 + 46.224)
=737.407

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=371.026/10878.774
=3.41 %

* 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.


Shenzhen Microgate Technology Co EBIT Related Terms

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Shenzhen Microgate Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Yuxing Road,GolfStreet, Guanlan Town, Bao'an, Shenzhen, CHN, 518110
Shenzhen Microgate Technology Co Ltd operates in the multilayer passive component industry. The company develops and manufactures electronic components. Its main products include low temperature co-fired ceramic radio frequency components, chip inductors, electromagnetic interference and electromagnetic compatibility components, power inductors, and the near-field communication antenna. The products are widely used in the digital versatile disc player, mobile phone, personal computer, flat panel display, car carrier and other consumptive products.
Executives
Cheng Hou Bo Director
Hu Gen Chang Executives
Zhang Mei Rong Directors, executives
Jiang Bo Secretary Dong
Zhang Zhao Qian Directors, executives
Liang Qi Xin Executives
Zhong Zhi Hai Directors, executives
Yi Hai Lan Supervisors
Liu Qian Securities Affairs Representative
Li Wen Yan Director
Ye Wen Xin Director
Jiang Li Ming Directors, executives
Zhang Hai En Director
Li Ming Director
Zheng Yi Song Director

Shenzhen Microgate Technology Co Headlines

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