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Xiamen Hongxin Electronics Technology Group (SZSE:300657) EBIT : ¥228 Mil (TTM As of Dec. 2024)


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What is Xiamen Hongxin Electronics Technology Group EBIT?

Xiamen Hongxin Electronics Technology Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ¥30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ¥228 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xiamen Hongxin Electronics Technology Group's annualized ROC % for the quarter that ended in Dec. 2024 was -1.62%. Xiamen Hongxin Electronics Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 4.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xiamen Hongxin Electronics Technology Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 1.31%.


Xiamen Hongxin Electronics Technology Group EBIT Historical Data

The historical data trend for Xiamen Hongxin Electronics Technology Group'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.

Xiamen Hongxin Electronics Technology Group EBIT Chart

Xiamen Hongxin Electronics Technology Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.26 -257.21 -258.30 -413.72 228.39

Xiamen Hongxin Electronics Technology Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -181.60 122.25 35.30 40.92 29.92

Competitive Comparison of Xiamen Hongxin Electronics Technology Group's EBIT

For the Electronic Components subindustry, Xiamen Hongxin Electronics Technology Group'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.


Xiamen Hongxin Electronics Technology Group's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Xiamen Hongxin Electronics Technology Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Xiamen Hongxin Electronics Technology Group's EV-to-EBIT falls into.


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Xiamen Hongxin Electronics Technology Group 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥228 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.


Xiamen Hongxin Electronics Technology Group  (SZSE:300657) EBIT Explanation

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

Xiamen Hongxin Electronics Technology Group's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=182.06 * ( 1 - 138.94% )/( (4187.58 + 4538.512)/ 2 )
=-70.894164/4363.046
=-1.62 %

where

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))
=6231.054 - 2579.36 - ( 391.036 - max(0, 3841.537 - 3305.651+391.036))
=4187.58

Invested Capital(Q: Dec. 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))
=6606.706 - 2695.51 - ( 334.838 - max(0, 3942.318 - 3315.002+334.838))
=4538.512

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

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

Xiamen Hongxin Electronics Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=119.692/( ( (2135.338 + max(92.342, 0)) + (2568.912 + max(3.951, 0)) )/ 2 )
=119.692/( ( 2227.68 + 2572.863 )/ 2 )
=119.692/2400.2715
=4.99 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2160.793 + 481.516 + 135.573) - (2579.36 + 0 + 106.18)
=92.342

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1889.278 + 721.2 + 137.518) - (2695.51 + 0 + 48.535)
=3.951

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Xiamen Hongxin Electronics Technology Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=228.389/17404.283
=1.31 %

* 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.


Xiamen Hongxin Electronics Technology Group EBIT Related Terms

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Xiamen Hongxin Electronics Technology Group Business Description

Traded in Other Exchanges
N/A
Address
19 Xianghai Road, 3rd Floor, No 1 plant, Torch Hi-tech Zone (Xiangan) Industrial Zone, Fujian Province, Xiamen, CHN, 361100
Xiamen Hongxin Electronics Technology Group Inc is a China-based company engaged in designing, manufacturing, and selling Flexible Printed Circuit boards (FPC). The company-produced FPC is used as supportive services for mobile communication and various kinds of consumer electronic products. Its product portfolio covers thin double-sided FPC, wearable FPC, LCD module class, CCM module class, and hardboard, among others.
Executives
Li Yi Feng Directors, executives
Fu Zhong Hong Director
Kong Zhi Bin Directors, executives
Wang Yi Director
Li Qiang Director

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