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Wuhan DR Laser Technology (SZSE:300776) EBIT : ¥603 Mil (TTM As of Sep. 2024)


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What is Wuhan DR Laser Technology EBIT?

Wuhan DR Laser Technology's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥178 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥603 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wuhan DR Laser Technology's annualized ROC % for the quarter that ended in Sep. 2024 was 10.83%. Wuhan DR Laser Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 21.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wuhan DR Laser Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.04%.


Wuhan DR Laser Technology EBIT Historical Data

The historical data trend for Wuhan DR Laser 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.

Wuhan DR Laser Technology EBIT Chart

Wuhan DR Laser 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 354.95 420.18 450.45 490.04 544.37

Wuhan DR Laser 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 196.05 141.59 162.93 120.56 177.68

Competitive Comparison of Wuhan DR Laser Technology's EBIT

For the Specialty Industrial Machinery subindustry, Wuhan DR Laser 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.


Wuhan DR Laser Technology's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuhan DR Laser Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wuhan DR Laser Technology's EV-to-EBIT falls into.



Wuhan DR Laser 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 ¥603 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.


Wuhan DR Laser Technology  (SZSE:300776) EBIT Explanation

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

Wuhan DR Laser 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 )
=703.308 * ( 1 - 12.17% )/( (5715.764 + 5694.009)/ 2 )
=617.7154164/5704.8865
=10.83 %

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))
=6585.91 - 546.31 - ( 323.836 - max(0, 2593.448 - 6017.786+323.836))
=5715.764

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))
=6394.481 - 379.461 - ( 321.011 - max(0, 2238.176 - 5810.588+321.011))
=5694.009

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

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

Wuhan DR Laser 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 )
=710.732/( ( (465.618 + max(2819.373, 0)) + (474.09 + max(2960.571, 0)) )/ 2 )
=710.732/( ( 3284.991 + 3434.661 )/ 2 )
=710.732/3359.826
=21.15 %

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)
=(930.09 + 1979.27 + 2496.267) - (546.31 + 0 + 2039.944)
=2819.373

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(920.526 + 1819.779 + 2451.451) - (379.461 + 0 + 1851.724)
=2960.571

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:

Wuhan DR Laser Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=602.766/19801.607
=3.04 %

* 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.


Wuhan DR Laser Technology EBIT Related Terms

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Wuhan DR Laser Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Road 2 Huashi Park, Optical Valley, East Lake High-tech Development Zone, Wuhan, CHN, 430223
Wuhan DR Laser Technology Corp Ltd is a laser equipment manufacturer. The company develops, manufactures, sales and serves the laser equipments focused on solar cell applications. It also provides the customer with various of laser related equipment such as the ITO Laser Machine, Laser Cutting and Drilling for OGS Screen Glass and Ceramic Plate Cutting.
Executives
Duan Xiao Ting Directors, executives
Li Zhi Gang Directors, executives
Liu Zhi Bo Directors, executives
Zhu Fan Directors, executives
Peng Xin Bo Supervisors

Wuhan DR Laser Technology Headlines

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