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Feitian Technologies Co (SZSE:300386) EBIT : ¥-96.6 Mil (TTM As of Jun. 2024)


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What is Feitian Technologies Co EBIT?

Feitian Technologies Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ¥-7.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-96.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Feitian Technologies Co's annualized ROC % for the quarter that ended in Jun. 2024 was -6.82%. Feitian Technologies Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -4.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Feitian Technologies Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -2.57%.


Feitian Technologies Co EBIT Historical Data

The historical data trend for Feitian Technologies 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.

Feitian Technologies Co EBIT Chart

Feitian Technologies 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 98.11 46.54 -61.66 -98.04 -166.54

Feitian Technologies 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 -43.31 -33.40 -48.36 -7.80 -7.00

Competitive Comparison of Feitian Technologies Co's EBIT

For the Software - Infrastructure subindustry, Feitian Technologies 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.


Feitian Technologies Co's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Feitian Technologies Co's EV-to-EBIT distribution charts can be found below:

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



Feitian Technologies 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 ¥-96.6 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.


Feitian Technologies Co  (SZSE:300386) EBIT Explanation

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

Feitian Technologies 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 )
=-90.924 * ( 1 - -5.3% )/( (1401.331 + 1408.35)/ 2 )
=-95.742972/1404.8405
=-6.82 %

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))
=1704.232 - 88.41 - ( 214.491 - max(0, 144.7 - 1038.114+214.491))
=1401.331

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))
=1707.199 - 84.481 - ( 214.368 - max(0, 156.233 - 1026.84+214.368))
=1408.35

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

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

Feitian Technologies 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 )
=-27.98/( ( (27.571 + max(667.733, 0)) + (36.86 + max(648.589, 0)) )/ 2 )
=-27.98/( ( 695.304 + 685.449 )/ 2 )
=-27.98/690.3765
=-4.05 %

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)
=(103.054 + 280.727 + 423.45) - (88.41 + 0 + 51.088)
=667.733

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(115.328 + 271.729 + 407.408) - (84.481 + 0 + 61.395)
=648.589

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-96.556/3751.161
=-2.57 %

* 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.


Feitian Technologies Co EBIT Related Terms

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Feitian Technologies Co Business Description

Traded in Other Exchanges
N/A
Address
No.9 Xueqing Road, 17th Floor, Building B, Huizhi Building, Haidian District, Beijing, CHN, 100085
Feitian Technologies Co Ltd is a supplier of user authentication and transaction security for China Online Banking. The company offers public key infrastructure authentication tokens, one time password tokens, software protection dongles, contact and contactless smart card readers. It also provides turnkey solutions like secure hardware, operating systems, middleware, software application, and services such as personalization and remote lifecycle management. The company's customers include financial institution, telecom, government and business enterprises. Its product lines feature contact and contactless smart cards, EMV chip cards, payment terminals, and user authentication solutions for secure online banking and transaction security.
Executives
Li Wei Directors, executives
Yu Hua Zhang Executives
Huang Yu Director
Han Xue Feng Directors, executives
Li Qi Independent director
Lu Zhou Directors, executives
Yan Yan Executives

Feitian Technologies Co Headlines

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