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IAT Automobile Technology Co (SZSE:300825) EBIT : ¥25.8 Mil (TTM As of Sep. 2024)


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What is IAT Automobile Technology Co EBIT?

IAT Automobile Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥21.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥25.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. IAT Automobile Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was 5.03%. IAT Automobile Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. IAT Automobile Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.44%.


IAT Automobile Technology Co EBIT Historical Data

The historical data trend for IAT Automobile 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.

IAT Automobile Technology Co EBIT Chart

IAT Automobile 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 143.60 125.94 230.63 106.92 70.24

IAT Automobile Technology 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 -37.07 21.56 21.56 -39.23 21.92

Competitive Comparison of IAT Automobile Technology Co's EBIT

For the Auto Parts subindustry, IAT Automobile 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.


IAT Automobile Technology Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, IAT Automobile Technology Co's EV-to-EBIT distribution charts can be found below:

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


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IAT Automobile 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥25.8 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.


IAT Automobile Technology Co  (SZSE:300825) EBIT Explanation

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

IAT Automobile Technology 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 )
=131.644 * ( 1 - -2.43% )/( (2706.378 + 2650.113)/ 2 )
=134.8429492/2678.2455
=5.03 %

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))
=3298.104 - 197.389 - ( 394.337 - max(0, 428.112 - 1246.402+394.337))
=2706.378

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))
=3327.903 - 193.011 - ( 484.779 - max(0, 435.855 - 1315.414+484.779))
=2650.113

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

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

IAT Automobile Technology 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 )
=87.688/( ( (560.294 + max(481.854, 0)) + (544.966 + max(506.921, 0)) )/ 2 )
=87.688/( ( 1042.148 + 1051.887 )/ 2 )
=87.688/1047.0175
=8.38 %

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)
=(345.025 + 401.555 + 26.809) - (197.389 + 0 + 94.146)
=481.854

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(247.261 + 481.256 + 19.309) - (193.011 + 0 + 47.894)
=506.921

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=25.821/5851.712
=0.44 %

* 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.


IAT Automobile Technology Co EBIT Related Terms

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IAT Automobile Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Shuangyang Road, Yizhuang BDA Industrial Park, Daxing District, Beijing, CHN, 100076
IAT Automobile Technology Co Ltd is engaged in automotive product planning, styling, vehicle / engine / transmission / components engineering design, CAE ,NVH optimization, the development of EV, electronic control technology, prototyping, SE, mold / fixture design and manufacturing, show car production, vehicle and component test evaluation and consulting, covering the development of the whole process of automotive design. The company's services include Vehicle Design and Development; CAE / NVH / Vehicle Test; Engine / Power Train Development; Prototype Hardware/Tools and Fixtures; Auto Electrical Appliance/Electronic System/Parts Development/Consulting Services; Show Car/Race Car /Modified Vehicles Making and Technical Consulting Services; among others.
Executives
Zhang Li Qiang Directors, executives
Xuan Qi Wu Director
Lin Ling Directors, executives

IAT Automobile Technology Co Headlines

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