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Red Phase (SZSE:300427) EBIT : ¥-411.9 Mil (TTM As of Sep. 2024)


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What is Red Phase EBIT?

Red Phase's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-54.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-411.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Red Phase's annualized ROC % for the quarter that ended in Sep. 2024 was -2.12%. Red Phase's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -25.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Red Phase's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -14.23%.


Red Phase EBIT Historical Data

The historical data trend for Red Phase'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.

Red Phase EBIT Chart

Red Phase 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 332.15 372.86 -501.90 161.06 -378.83

Red Phase 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 -55.10 -397.92 -26.76 66.80 -53.99

Competitive Comparison of Red Phase's EBIT

For the Electrical Equipment & Parts subindustry, Red Phase'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.


Red Phase's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Red Phase's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Red Phase's EV-to-EBIT falls into.


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Red Phase 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 ¥-411.9 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.


Red Phase  (SZSE:300427) EBIT Explanation

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

Red Phase'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 )
=-34.144 * ( 1 - -0.79% )/( (1654.578 + 1584.965)/ 2 )
=-34.4137376/1619.7715
=-2.12 %

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))
=2463.795 - 247.538 - ( 561.679 - max(0, 834.196 - 1670.102+561.679))
=1654.578

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))
=2203.477 - 245.562 - ( 372.95 - max(0, 642.432 - 1466.456+372.95))
=1584.965

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

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

Red Phase'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 )
=-215.964/( ( (331.258 + max(496.898, 0)) + (321.67 + max(522.189, 0)) )/ 2 )
=-215.964/( ( 828.156 + 843.859 )/ 2 )
=-215.964/836.0075
=-25.83 %

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)
=(577.837 + 441.4 + 49.423) - (247.538 + 0 + 324.224)
=496.898

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(537.666 + 477.379 + 43.132) - (245.562 + 0 + 290.426)
=522.189

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:

Red Phase's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-411.874/2893.684
=-14.23 %

* 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.


Red Phase EBIT Related Terms

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Red Phase Business Description

Traded in Other Exchanges
N/A
Address
Unit 1002, No. 3, Nantou Road, Siming District, Fujian Province, Xiamen, CHN, 361008
Red Phase Inc is engaged in the research and application of power system state maintenance technology. It provides its customers with various solutions for power grid state maintenance and intelligent operation.
Executives
Yang Cheng Directors, executives
Wu Zhi Yang Directors, executives
Yang Li Director
Zhang Qing Director
Li Wen Fei Supervisors
Ma Lu Ping Executives
Lin Qing Yi Supervisors

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