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Shenzhen Lions King Hi Tech Co (SZSE:301305) EBIT : ¥311 Mil (TTM As of Sep. 2024)


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What is Shenzhen Lions King Hi Tech Co EBIT?

Shenzhen Lions King Hi Tech Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥96 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥311 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen Lions King Hi Tech Co's annualized ROC % for the quarter that ended in Sep. 2024 was 9.00%. Shenzhen Lions King Hi Tech Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 41.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen Lions King Hi Tech Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.41%.


Shenzhen Lions King Hi Tech Co EBIT Historical Data

The historical data trend for Shenzhen Lions King Hi Tech 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.

Shenzhen Lions King Hi Tech Co EBIT Chart

Shenzhen Lions King Hi Tech Co Annual Data
Trend Dec14 Dec15 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 95.48 205.89 325.44 342.05 279.32

Shenzhen Lions King Hi Tech Co Quarterly Data
Dec14 Dec15 Jun16 Dec18 Dec19 Dec20 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 78.48 46.28 63.17 105.49 95.84

Competitive Comparison of Shenzhen Lions King Hi Tech Co's EBIT

For the Waste Management subindustry, Shenzhen Lions King Hi Tech 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.


Shenzhen Lions King Hi Tech Co's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Shenzhen Lions King Hi Tech Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shenzhen Lions King Hi Tech Co's EV-to-EBIT falls into.


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Shenzhen Lions King Hi Tech 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 ¥311 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.


Shenzhen Lions King Hi Tech Co  (SZSE:301305) EBIT Explanation

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

Shenzhen Lions King Hi Tech 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 )
=424.208 * ( 1 - 4.95% )/( (4500.587 + 4460.635)/ 2 )
=403.209704/4480.611
=9.00 %

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))
=6403.887 - 314.072 - ( 1770.591 - max(0, 1044.241 - 2633.469+1770.591))
=4500.587

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))
=5959.488 - 337.751 - ( 1161.102 - max(0, 575.452 - 2048.068+1161.102))
=4460.635

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

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

Shenzhen Lions King Hi Tech 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 )
=383.34/( ( (615.873 + max(306.055, 0)) + (627.075 + max(304.916, 0)) )/ 2 )
=383.34/( ( 921.928 + 931.991 )/ 2 )
=383.34/926.9595
=41.35 %

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)
=(407.065 + 119.335 + 151.656) - (314.072 + 0 + 57.929)
=306.055

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(480.879 + 66.106 + 162.076) - (337.751 + 0 + 66.394)
=304.916

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:

Shenzhen Lions King Hi Tech Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=310.767/4193.283
=7.41 %

* 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.


Shenzhen Lions King Hi Tech Co EBIT Related Terms

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Shenzhen Lions King Hi Tech Co Business Description

Traded in Other Exchanges
N/A
Address
Pingqiao Road, Pingdi Street, Floor 13, No. 2, Gaoqiao Community, Longgang District, Guangdong Province, Shenzhen, CHN, 518117
Shenzhen Lions King Hi Tech Co Ltd is engaged in the Harmless treatment and resource utilization of organic solid waste (catering waste, kitchen waste, excrement, animal solid waste, etc.) and urban domestic waste, as well as the provision of related environmental engineering services.
Executives
Chen Jian Xiang Directors, executives

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