GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Shanghai Nenghui Technology Co Ltd (SZSE:301046) » Definitions » EBIT

Shanghai Nenghui Technology Co (SZSE:301046) EBIT : ¥102 Mil (TTM As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Shanghai Nenghui Technology Co EBIT?

Shanghai Nenghui Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥25 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥102 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shanghai Nenghui Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was 5.92%. Shanghai Nenghui Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 20.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shanghai Nenghui Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.04%.


Shanghai Nenghui Technology Co EBIT Historical Data

The historical data trend for Shanghai Nenghui 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.

Shanghai Nenghui Technology Co EBIT Chart

Shanghai Nenghui 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 383.74 96.16 120.63 27.59 74.38

Shanghai Nenghui 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 32.44 34.11 15.19 28.30 24.60

Competitive Comparison of Shanghai Nenghui Technology Co's EBIT

For the Utilities - Renewable subindustry, Shanghai Nenghui 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.


Shanghai Nenghui Technology Co's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shanghai Nenghui Technology Co's EV-to-EBIT distribution charts can be found below:

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


;
;

Shanghai Nenghui 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 ¥102 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.


Shanghai Nenghui Technology Co  (SZSE:301046) EBIT Explanation

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

Shanghai Nenghui 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 )
=59.736 * ( 1 - 2.81% )/( (997.327 + 962.752)/ 2 )
=58.0574184/980.0395
=5.92 %

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))
=1931.601 - 548.04 - ( 386.234 - max(0, 675.996 - 1646.877+386.234))
=997.327

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))
=1936.097 - 524.973 - ( 448.372 - max(0, 660.236 - 1640.123+448.372))
=962.752

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

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

Shanghai Nenghui 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 )
=98.416/( ( (245.134 + max(239.26, 0)) + (259.303 + max(196.455, 0)) )/ 2 )
=98.416/( ( 484.394 + 455.758 )/ 2 )
=98.416/470.076
=20.94 %

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)
=(555.864 + 162.814 + 70.863) - (548.04 + 0 + 2.241)
=239.26

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(508.203 + 158.27 + 64.166) - (524.973 + 0 + 9.211)
=196.455

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=102.211/2532.061
=4.04 %

* 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.


Shanghai Nenghui Technology Co EBIT Related Terms

Thank you for viewing the detailed overview of Shanghai Nenghui Technology Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Nenghui Technology Co Business Description

Traded in Other Exchanges
N/A
Address
2000 Pudong Avenue, Pilot Free Trade Zone, Room 607, Shanghai, CHN, 200136
Shanghai Nenghui Technology Co Ltd is a one-stop service for photovoltaic power generation design, system integration and investment and operation as the main body, and at the same time develops technology for integrated smart energy services such as waste pyrolysis for heat generation, energy storage microgrid and electric energy substitution.
Executives
Kong Peng Fei Supervisors

Shanghai Nenghui Technology Co Headlines

No Headlines