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Shenzhen Bromake New Material Co (SZSE:301387) EBIT : ¥23 Mil (TTM As of Sep. 2024)


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What is Shenzhen Bromake New Material Co EBIT?

Shenzhen Bromake New Material Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥23 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen Bromake New Material Co's annualized ROC % for the quarter that ended in Sep. 2024 was 6.13%. Shenzhen Bromake New Material Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen Bromake New Material Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.78%.


Shenzhen Bromake New Material Co EBIT Historical Data

The historical data trend for Shenzhen Bromake New Material 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 Bromake New Material Co EBIT Chart

Shenzhen Bromake New Material Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 127.19 111.71 159.42 146.48 131.52

Shenzhen Bromake New Material Co Quarterly Data
Dec18 Dec19 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 36.02 26.84 6.24 -13.93 4.11

Competitive Comparison of Shenzhen Bromake New Material Co's EBIT

For the Electronic Components subindustry, Shenzhen Bromake New Material 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 Bromake New Material Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Bromake New Material Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shenzhen Bromake New Material Co's EV-to-EBIT falls into.



Shenzhen Bromake New Material 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 ¥23 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 Bromake New Material Co  (SZSE:301387) EBIT Explanation

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

Shenzhen Bromake New Material 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 )
=40.2 * ( 1 - -84.1% )/( (1113.035 + 1300.958)/ 2 )
=74.0082/1206.9965
=6.13 %

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))
=2069.831 - 320.053 - ( 636.743 - max(0, 399.648 - 1267.783+636.743))
=1113.035

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))
=2309.455 - 411.9 - ( 596.597 - max(0, 578.061 - 1435.913+596.597))
=1300.958

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 Bromake New Material 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 )
=16.42/( ( (639.128 + max(297.116, 0)) + (716.875 + max(391.744, 0)) )/ 2 )
=16.42/( ( 936.244 + 1108.619 )/ 2 )
=16.42/1022.4315
=1.61 %

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)
=(447.114 + 126.406 + 45.596) - (320.053 + 0 + 1.947)
=297.116

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(565.834 + 168.234 + 75.097) - (411.9 + 0 + 5.5210000000001)
=391.744

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 Bromake New Material Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=23.259/2985.219
=0.78 %

* 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 Bromake New Material Co EBIT Related Terms

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Shenzhen Bromake New Material Co Business Description

Traded in Other Exchanges
N/A
Address
Gaoxin Road, Guangming Street, Room 101, West Side of Electronic Factory Building 3, EVOC Science and Technology Industrial Park, Dongzhou Community, Guangming District, Shenzhen, CHN, 518000
Shenzhen Bromake New Material Co is engaged in the research and development, production and sales of consumer electronics protective and functional products. Products are widely used in personal computers, smart phones, smart wearables and other consumer electronics products and components.

Shenzhen Bromake New Material Co Headlines

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