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Brilliance Technology Co (SZSE:300542) EBIT : ¥48 Mil (TTM As of Mar. 2024)


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What is Brilliance Technology Co EBIT?

Brilliance Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥48 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Brilliance Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 was -6.89%. Brilliance Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -10.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Brilliance Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.16%.


Brilliance Technology Co EBIT Historical Data

The historical data trend for Brilliance 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.

Brilliance Technology Co EBIT Chart

Brilliance 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 86.66 103.21 82.07 68.46 54.72

Brilliance 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 -3.35 13.13 -17.95 62.90 -10.42

Competitive Comparison of Brilliance Technology Co's EBIT

For the Software - Application subindustry, Brilliance 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.


Brilliance Technology Co's EV-to-EBIT Distribution in the Software Industry

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

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



Brilliance 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 ¥48 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.


Brilliance Technology Co  (SZSE:300542) EBIT Explanation

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

Brilliance 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 )
=-55.876 * ( 1 - -5.7% )/( (764.23 + 949.028)/ 2 )
=-59.060932/856.629
=-6.89 %

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))
=1630.628 - 537.352 - ( 524.283 - max(0, 972.572 - 1301.618+524.283))
=764.23

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))
=1410.475 - 231.849 - ( 229.598 - max(0, 765.203 - 1082.692+229.598))
=949.028

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

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

Brilliance 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 )
=-41.672/( ( (111.977 + max(99.679, 0)) + (110.996 + max(466.635, 0)) )/ 2 )
=-41.672/( ( 211.656 + 577.631 )/ 2 )
=-41.672/394.6435
=-10.56 %

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)
=(542.087 + 174.159 + 14.135) - (537.352 + 0 + 93.35)
=99.679

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(554.598 + 222.874 + 29.515) - (231.849 + 0 + 108.503)
=466.635

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=47.657/4100.811
=1.16 %

* 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.


Brilliance Technology Co EBIT Related Terms

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Brilliance Technology Co (SZSE:300542) Business Description

Traded in Other Exchanges
N/A
Address
Landianchang East Road, Haidian District, 8/F,Tower B2, Golden Resource & Times Business Center No 2, Beijing, CHN, 100097
Brilliance Technology Co Ltd provides software development, computer system integration, consulting and project management services. The company's software solutions include international business, corporate settlement system, bank settlement system, and bank intermediary business platform solutions; channel integration cloud platform, total cooperation cloud platform, television banking system, online banking system, and call center application platform solutions; and data exchange applications and service products. It also provides IT infrastructure solutions comprising an information security system, enterprise network construction, and data center infrastructure solutions; and IT services.
Executives
Kang Lu Director
Yu Ke Jian Directors, executives
Tang Ruo Mei Supervisors
Zhang Yan Sheng Directors, executives
Yang Han Jie Director
Zhang Da Xin Directors, executives
Li Fu Hua Director
Ding Fei Securities Affairs Representative

Brilliance Technology Co (SZSE:300542) Headlines

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