Huizhong Instrumentation Co (SZSE:300371) EBIT : ¥97.5 Mil (TTM As of Sep. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Huizhong Instrumentation Co EBIT?

Huizhong Instrumentation Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥41.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥97.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Huizhong Instrumentation Co's annualized ROC % for the quarter that ended in Sep. 2024 was 12.26%. Huizhong Instrumentation Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 20.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Huizhong Instrumentation Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.75%.

Huizhong Instrumentation Co EBIT Historical Data

The historical data trend for Huizhong Instrumentation 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.

Huizhong Instrumentation Co EBIT Chart

Huizhong Instrumentation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

124.13

143.15

178.53

124.92

120.71

Huizhong Instrumentation 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															39.65	31.49	5.15	19.73	41.11

Competitive Comparison of Huizhong Instrumentation Co's EBIT

For the Scientific & Technical Instruments subindustry, Huizhong Instrumentation 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.

Huizhong Instrumentation Co's EV-to-EBIT Distribution in the Hardware Industry

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

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

Save Embed

;

Save Embed

;

Huizhong Instrumentation 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 ¥97.5 Mil.

Huizhong Instrumentation Co (SZSE:300371) EBIT Explanation

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

Huizhong Instrumentation 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 )
=	149.048 * ( 1 - 16.12% )	/	( (1010.609	+	1028.877)	/ 2 )
=	125.0214624	/	1019.743
=	12.26 %

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	))
=	1183.981	-	84.572	-	( 88.8	-	max(0, 94.023	-	761.835	+	88.8	))
=	1010.609

	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	))
=	1228.561	-	85.975	-	( 113.709	-	max(0, 103.367	-	810.273	+	113.709	))
=	1028.877

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

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

Huizhong Instrumentation 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 )
=	164.448	/	( ( (286.556 + max(520.297, 0))	+	(282.676 + max(539.395, 0)) )	/	2 )
=	164.448	/	( ( 806.853	+	822.071 )	/	2 )
=	164.448	/	814.462
=	20.19 %

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)
=	(302.143	+	235.587	+	74.491)	-	(84.572	+	0	+	7.352)
=	520.297

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(333.731	+	234.137	+	73.124)	-	(85.975	+	0	+	15.622)
=	539.395

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	97.486	/	2050.730
	=	4.75 %

Huizhong Instrumentation Co EBIT Related Terms

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

Huizhong Instrumentation Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Huizhong Instrumentation Co Ltd (SZSE:300371) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 126, Gaoxin West Road, Tangshan High-tech Industrial Development Zone, Hebei Province, Tangshan, CHN, 063020

Website

https://www.huizhong.co

Huizhong Instrumentation Co Ltd is engaged in the research and development of ultrasonic heat meters, ultrasonic water meters, ultrasonic flow meters and systems. The solutions offered by the company include smart water supply, intelligent hot, and water resource monitoring and management.

Executives

Zhang Ji Chuan	Director
Dong Jian Guo	Directors, executives
Wang Jian	Directors, executives
Chen Hui	Executives, directors
Zhang Li Xin	Director
Su Zhi Qiang	Directors, executives
Fu Die	Supervisors
Wang Yong Cun	Directors, executives

Huizhong Instrumentation Co Headlines

No Headlines