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T&S Communications Co (SZSE:300570) EBIT : ¥223 Mil (TTM As of Sep. 2024)


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What is T&S Communications Co EBIT?

T&S Communications Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥75 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥223 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. T&S Communications Co's annualized ROC % for the quarter that ended in Sep. 2024 was 42.01%. T&S Communications Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 46.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. T&S Communications Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.00%.


T&S Communications Co EBIT Historical Data

The historical data trend for T&S Communications 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.

T&S Communications Co EBIT Chart

T&S Communications 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 154.37 101.51 77.83 201.69 164.12

T&S Communications Co 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 35.33 56.55 35.62 55.02 75.47

Competitive Comparison of T&S Communications Co's EBIT

For the Communication Equipment subindustry, T&S Communications 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.


T&S Communications Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, T&S Communications Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where T&S Communications Co's EV-to-EBIT falls into.



T&S Communications 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥223 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.


T&S Communications Co  (SZSE:300570) EBIT Explanation

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

T&S Communications Co'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 )
=386.216 * ( 1 - 11.35% )/( (721.839 + 908.01)/ 2 )
=342.380484/814.9245
=42.01 %

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))
=1821.638 - 443.475 - ( 656.324 - max(0, 456.182 - 1427.441+656.324))
=721.839

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))
=1828.89 - 369.877 - ( 551.003 - max(0, 387.772 - 1556.359+551.003))
=908.01

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

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

T&S Communications Co'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 )
=301.892/( ( (194.385 + max(303.942, 0)) + (195.857 + max(600.375, 0)) )/ 2 )
=301.892/( ( 498.327 + 796.232 )/ 2 )
=301.892/647.2795
=46.64 %

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)
=(407.184 + 259.716 + 93.224) - (443.475 + 0 + 12.707)
=303.942

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(473.01 + 273.312 + 241.349) - (369.877 + 0 + 17.419)
=600.375

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:

T&S Communications Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=222.666/22163.614
=1.00 %

* 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.


T&S Communications Co EBIT Related Terms

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T&S Communications Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Jinxiu Middle Road, Kengzi Street, Taichen Optical Communication Technology Park, Xiuxin Community, Pingshan District, Guangdong Province, Shenzhen, CHN, 518118
T&S Communications Co Ltd operates in the Chinese ceramic ferrule industry. The company is mainly engaged in the research and development, production and sales of optical components and optical sensing systems. The main products include ceramic ferrules, various fibre optic connectors, PLC splitters, wavelength division multiplexers, couplers, fibre gratings and other optical components as well as optical fibre sensing monitoring systems. The products are mainly sold overseas. The products are widely used in optical fibre-to-the-home optical communication networks and data centres, internet data storage and cloud computing.
Executives
Zhang Ying Hua Director
Xiao Xiang Jie Directors, executives
Zhang Yi Ming Directors, executives
Wu Di Chun Supervisors
Zhang Zhi Min Director

T&S Communications Co Headlines

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