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Dezhou United Petroleum Technology Co (SZSE:301158) EBIT : ¥115.3 Mil (TTM As of Sep. 2024)


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What is Dezhou United Petroleum Technology Co EBIT?

Dezhou United Petroleum Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥33.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥115.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dezhou United Petroleum Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was 13.75%. Dezhou United Petroleum Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 22.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dezhou United Petroleum Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.75%.


Dezhou United Petroleum Technology Co EBIT Historical Data

The historical data trend for Dezhou United Petroleum 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.

Dezhou United Petroleum Technology Co EBIT Chart

Dezhou United Petroleum Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial 53.09 77.76 74.06 73.38 86.17

Dezhou United Petroleum 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 20.31 42.06 15.42 24.62 33.23

Competitive Comparison of Dezhou United Petroleum Technology Co's EBIT

For the Oil & Gas Equipment & Services subindustry, Dezhou United Petroleum 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.


Dezhou United Petroleum Technology Co's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dezhou United Petroleum Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dezhou United Petroleum Technology Co's EV-to-EBIT falls into.


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Dezhou United Petroleum 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 ¥115.3 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.


Dezhou United Petroleum Technology Co  (SZSE:301158) EBIT Explanation

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

Dezhou United Petroleum 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 )
=131.748 * ( 1 - 13.27% )/( (823.372 + 839.259)/ 2 )
=114.2650404/831.3155
=13.75 %

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))
=1584.622 - 244.363 - ( 516.887 - max(0, 298.808 - 1336.794+516.887))
=823.372

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))
=1683.73 - 317.948 - ( 526.523 - max(0, 370.621 - 1400.511+526.523))
=839.259

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

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

Dezhou United Petroleum 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 )
=132.916/( ( (184.575 + max(407.258, 0)) + (201.59 + max(392.46, 0)) )/ 2 )
=132.916/( ( 591.833 + 594.05 )/ 2 )
=132.916/592.9415
=22.42 %

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)
=(308.824 + 388.943 + 7.5160000000003) - (244.363 + 0 + 53.662)
=407.258

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(362.437 + 391.682 + 7.675) - (317.948 + 0 + 51.386)
=392.46

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:

Dezhou United Petroleum Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=115.337/2004.294
=5.75 %

* 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.


Dezhou United Petroleum Technology Co EBIT Related Terms

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Dezhou United Petroleum Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Jinghua South Road, Economic Development Zone, Shandong Province, Dezhou, CHN, 253034
Website
Dezhou United Petroleum Technology Co Ltd produces high-end oil-drilling and production equipments, tools, accessories and engineering services. The company's products include drilling tools, drilling equipment, oil and gas exploitation, and well-control equipment.
Executives
Wang Hai Bin Directors, executives
Li Zhan Jun Executives
Hou Bin Supervisors

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