GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tianjin Motimo Membrane Technology Co Ltd (SZSE:300334) » Definitions » EBIT

Tianjin Motimo Membrane Technology Co (SZSE:300334) EBIT : ¥6.0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Tianjin Motimo Membrane Technology Co EBIT?

Tianjin Motimo Membrane Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥3.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥6.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tianjin Motimo Membrane Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 was -2.62%. Tianjin Motimo Membrane Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tianjin Motimo Membrane Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.41%.


Tianjin Motimo Membrane Technology Co EBIT Historical Data

The historical data trend for Tianjin Motimo Membrane 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.

Tianjin Motimo Membrane Technology Co EBIT Chart

Tianjin Motimo Membrane 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 -778.07 -48.04 67.12 -130.65 8.36

Tianjin Motimo Membrane Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.24 -6.27 -3.55 11.94 3.86

Competitive Comparison of Tianjin Motimo Membrane Technology Co's EBIT

For the Specialty Industrial Machinery subindustry, Tianjin Motimo Membrane 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.


Tianjin Motimo Membrane Technology Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianjin Motimo Membrane Technology Co's EV-to-EBIT distribution charts can be found below:

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



Tianjin Motimo Membrane 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥6.0 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.


Tianjin Motimo Membrane Technology Co  (SZSE:300334) EBIT Explanation

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

Tianjin Motimo Membrane Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-18.416 * ( 1 - 2.26% )/( (688.529 + 687.255)/ 2 )
=-17.9997984/687.892
=-2.62 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=964.955 - 186.472 - ( 89.954 - max(0, 253.275 - 437.705+89.954))
=688.529

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))
=952.652 - 163.863 - ( 101.534 - max(0, 232.366 - 429.829+101.534))
=687.255

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

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

Tianjin Motimo Membrane Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=15.436/( ( (205.617 + max(58.239, 0)) + (201.295 + max(74.236, 0)) )/ 2 )
=15.436/( ( 263.856 + 275.531 )/ 2 )
=15.436/269.6935
=5.72 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(179.841 + 75.316 + 16.701) - (186.472 + 0 + 27.147)
=58.239

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(160.744 + 81.828 + 17.653) - (163.863 + 0 + 22.126)
=74.236

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=5.975/1458.723
=0.41 %

* 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.


Tianjin Motimo Membrane Technology Co EBIT Related Terms

Thank you for viewing the detailed overview of Tianjin Motimo Membrane Technology Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Tianjin Motimo Membrane Technology Co (SZSE:300334) Business Description

Traded in Other Exchanges
N/A
Address
11th Street, TEDA, Tianjin, CHN, 300160
Tianjin Motimo Membrane Technology Co Ltd is engaged in the research and development of membrane material and membrane process. In addition, the company is engaged in the production of the membrane module and membrane equipment. The company offers hollow fiber microfiltration and ultrafiltration membrane element and equipment. The products are widely used in municipal, power, steel and iron, petrochemical, spinning and weaving, food filed, water supply industries and pharmacy removal, separation, and concentration. Its products are exported to more than 20 countries.
Executives
Ye Quan Director
Hu Xiao Yu Executives
Dai Hai Ping Executives
Li Xin Min Director
Li Hong Gang Executives
Qiu Guan Xiong Supervisors
Liu Jian Li Executives
Zhang Lin Executives
Li Xiang De Executives
Huan Guo Lan Securities Affairs Representative
Zheng Chun Jian Directors, executives

Tianjin Motimo Membrane Technology Co (SZSE:300334) Headlines

No Headlines