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Lens Technology Co (SZSE:300433) EBIT : ¥3,940 Mil (TTM As of Mar. 2024)


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What is Lens Technology Co EBIT?

Lens Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥348 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥3,940 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lens Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 was 4.43%. Lens Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lens Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.68%.


Lens Technology Co EBIT Historical Data

The historical data trend for Lens 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.

Lens Technology Co EBIT Chart

Lens 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 3,587.05 6,244.16 2,658.93 3,529.29 3,762.42

Lens 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 170.81 652.54 1,357.33 1,581.75 348.07

Competitive Comparison of Lens Technology Co's EBIT

For the Electronic Components subindustry, Lens 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.


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

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

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



Lens 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 ¥3,940 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.


Lens Technology Co  (SZSE:300433) EBIT Explanation

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

Lens 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 )
=1884.008 * ( 1 - -28.55% )/( (55211.096 + 54201.289)/ 2 )
=2421.892284/54706.1925
=4.43 %

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))
=77469.744 - 13234.285 - ( 10868.659 - max(0, 19056.315 - 28080.678+10868.659))
=55211.096

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))
=75238.342 - 12167.466 - ( 9851.318 - max(0, 17083.554 - 25953.141+9851.318))
=54201.289

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

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

Lens 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 )
=1392.284/( ( (36928.077 + max(3111.827, 0)) + (36637.188 + max(2926.258, 0)) )/ 2 )
=1392.284/( ( 40039.904 + 39563.446 )/ 2 )
=1392.284/39801.675
=3.50 %

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)
=(9302.294 + 6682.659 + 485.651) - (13234.285 + 0 + 124.492)
=3111.827

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7828.184 + 6746.008 + 645.03) - (12167.466 + 0 + 125.498)
=2926.258

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=3939.687/84169.213
=4.68 %

* 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.


Lens Technology Co EBIT Related Terms

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Lens Technology Co (SZSE:300433) Business Description

Traded in Other Exchanges
N/A
Address
Liuyang Biomedical Park, Changsha, CHN, 410311
Lens Technology Co Ltd researches develop, produces, and sells protective glass touch panels in China. It offers protective window glass, touch screen unit, touch screen module, camera module, fingerprint module, and camera related products, as well as buttons, ceramics, metal parts, and other products. The company's products are used in mobile phones; tablet PCs, notebook computers, digital cameras, players, GPS navigation systems, automotive instrumentation, smart homes, medical equipment, and other areas.
Executives
Cai Xin Feng Executives
Zhong Zhen Zhuo Secretary Dong
Zhou Xin Yi Director
Zhou Qun Fei Directors, executives
Zhou Tian Shu Securities Affairs Representative
Li Xiao Ming Executives
Peng Meng Wu Secretary Dong
Chen Xiao Qun Supervisors
Liu Shu Guang Executives
Kuang Hong Feng Supervisors
Liu Wei Executives
Xiao Qian Feng Supervisors
Rao Qiao Bing Executives
Rao Yu Lei Independent director

Lens Technology Co (SZSE:300433) Headlines

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