GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Zhongtai Cryogenic Technology Corp (SZSE:300435) » Definitions » EBIT

Hangzhou Zhongtai Cryogenic Technology (SZSE:300435) EBIT : ¥379 Mil (TTM As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Hangzhou Zhongtai Cryogenic Technology EBIT?

Hangzhou Zhongtai Cryogenic Technology's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥87 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥379 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hangzhou Zhongtai Cryogenic Technology's annualized ROC % for the quarter that ended in Sep. 2024 was 8.08%. Hangzhou Zhongtai Cryogenic Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 25.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hangzhou Zhongtai Cryogenic Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.71%.


Hangzhou Zhongtai Cryogenic Technology EBIT Historical Data

The historical data trend for Hangzhou Zhongtai Cryogenic Technology'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.

Hangzhou Zhongtai Cryogenic Technology EBIT Chart

Hangzhou Zhongtai Cryogenic Technology 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 103.94 278.68 323.31 376.69 461.87

Hangzhou Zhongtai Cryogenic Technology 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 100.46 127.03 97.97 66.55 87.45

Competitive Comparison of Hangzhou Zhongtai Cryogenic Technology's EBIT

For the Specialty Industrial Machinery subindustry, Hangzhou Zhongtai Cryogenic Technology'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.


Hangzhou Zhongtai Cryogenic Technology's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Zhongtai Cryogenic Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hangzhou Zhongtai Cryogenic Technology's EV-to-EBIT falls into.


;
;

Hangzhou Zhongtai Cryogenic Technology 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 ¥379 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.


Hangzhou Zhongtai Cryogenic Technology  (SZSE:300435) EBIT Explanation

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

Hangzhou Zhongtai Cryogenic Technology'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 )
=330.664 * ( 1 - 19.05% )/( (3322.635 + 3306.398)/ 2 )
=267.672508/3314.5165
=8.08 %

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))
=4709.469 - 379.074 - ( 1247.864 - max(0, 1429.615 - 2437.375+1247.864))
=3322.635

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))
=4775.41 - 416.492 - ( 1111.967 - max(0, 1418.739 - 2471.259+1111.967))
=3306.398

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

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

Hangzhou Zhongtai Cryogenic Technology'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 )
=349.788/( ( (1363.242 + max(23.614, 0)) + (1347.182 + max(28.378, 0)) )/ 2 )
=349.788/( ( 1386.856 + 1375.56 )/ 2 )
=349.788/1381.208
=25.32 %

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)
=(560.555 + 304.533 + 221.002) - (379.074 + 0 + 683.402)
=23.614

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(550.7 + 357.436 + 232.1) - (416.492 + 0 + 695.366)
=28.378

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:

Hangzhou Zhongtai Cryogenic Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=379.004/4353.255
=8.71 %

* 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.


Hangzhou Zhongtai Cryogenic Technology EBIT Related Terms

Thank you for viewing the detailed overview of Hangzhou Zhongtai Cryogenic Technology's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Hangzhou Zhongtai Cryogenic Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 228, Zhejiang Dongzhou Golf Road, Fuyang, CHN, 311402
Hangzhou Zhongtai Cryogenic Technology Corp is a technology equipment and solution supplier. Its a provider of cryogenic technology processes and equipment. Its main business is process development, equipment design, manufacturing and sales of cryogenic technology. Its products are plate-fin heat exchangers, cold boxes and complete sets of equipment, including natural gas liquefaction equipment, air separation complete sets, carbon monoxide/hydrogen separation equipment.
Executives
Fang Jun Jie Supervisors
Zhang You Hu Directors, executives
Chen Huan Qin Director
Zhong Xiao Long Directors, executives
Zhou Juan Ping Secretary Dong
Tang Wei Executives
Yu Fu Can Director
Yu Xiao Liang Supervisors
Bian Chuan Rui Directors, executives
Lei Hao Supervisors
Zhang Guo Xing Directors, executives
Wang Jin Directors, executives
Jiang Yi Ming Supervisors
Lv Cheng Ying Executives

Hangzhou Zhongtai Cryogenic Technology Headlines

No Headlines