GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuxi Best Precision Machinery Co Ltd (SZSE:300580) » Definitions » EBIT

Wuxi Best Precision Machinery Co (SZSE:300580) EBIT : ¥316 Mil (TTM As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Wuxi Best Precision Machinery Co EBIT?

Wuxi Best Precision Machinery Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥91 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥316 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wuxi Best Precision Machinery Co's annualized ROC % for the quarter that ended in Sep. 2024 was 11.93%. Wuxi Best Precision Machinery Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 19.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wuxi Best Precision Machinery Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.14%.


Wuxi Best Precision Machinery Co EBIT Historical Data

The historical data trend for Wuxi Best Precision Machinery 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.

Wuxi Best Precision Machinery Co EBIT Chart

Wuxi Best Precision Machinery 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 191.97 203.94 231.00 225.71 314.91

Wuxi Best Precision Machinery 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 93.08 60.86 80.87 82.56 91.43

Competitive Comparison of Wuxi Best Precision Machinery Co's EBIT

For the Specialty Industrial Machinery subindustry, Wuxi Best Precision Machinery 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.


Wuxi Best Precision Machinery Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi Best Precision Machinery Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wuxi Best Precision Machinery Co's EV-to-EBIT falls into.


;
;

Wuxi Best Precision Machinery 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 ¥316 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.


Wuxi Best Precision Machinery Co  (SZSE:300580) EBIT Explanation

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

Wuxi Best Precision Machinery 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 )
=318.96 * ( 1 - 11.27% )/( (2354.733 + 2390.414)/ 2 )
=283.013208/2372.5735
=11.93 %

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))
=3524.134 - 284.039 - ( 885.362 - max(0, 326.438 - 1763.488+885.362))
=2354.733

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))
=3555.379 - 267.221 - ( 897.744 - max(0, 294.955 - 1790.678+897.744))
=2390.414

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

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

Wuxi Best Precision Machinery 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 )
=365.736/( ( (1418.615 + max(449.611, 0)) + (1415.847 + max(524.041, 0)) )/ 2 )
=365.736/( ( 1868.226 + 1939.888 )/ 2 )
=365.736/1904.057
=19.21 %

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)
=(458.928 + 277.234 + 39.887) - (284.039 + 0 + 42.399)
=449.611

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(478.036 + 292.682 + 48.278) - (267.221 + 0 + 27.734)
=524.041

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:

Wuxi Best Precision Machinery Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=315.717/14760.200
=2.14 %

* 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.


Wuxi Best Precision Machinery Co EBIT Related Terms

Thank you for viewing the detailed overview of Wuxi Best Precision Machinery Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Wuxi Best Precision Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
777 West Jianshe Road, A10, 20th Floor, Wuxi, CHN, 214161
Wuxi Best Precision Machinery Co Ltd is a China based company engaged in the business of production of precision parts and components for automotive, telecom, air conditioning and tool industries.
Executives
Shi Li Director

Wuxi Best Precision Machinery Co Headlines

No Headlines