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Nanjing Wavelength Opto-Electronic Science and Technology Co (SZSE:301421) EBIT : ¥50.3 Mil (TTM As of Sep. 2024)


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What is Nanjing Wavelength Opto-Electronic Science and Technology Co EBIT?

Nanjing Wavelength Opto-Electronic Science and Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥4.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥50.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nanjing Wavelength Opto-Electronic Science and Technology Co's annualized ROC % for the quarter that ended in Sep. 2024 was 0.86%. Nanjing Wavelength Opto-Electronic Science and Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nanjing Wavelength Opto-Electronic Science and Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.90%.


Nanjing Wavelength Opto-Electronic Science and Technology Co EBIT Historical Data

The historical data trend for Nanjing Wavelength Opto-Electronic Science and 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.

Nanjing Wavelength Opto-Electronic Science and Technology Co EBIT Chart

Nanjing Wavelength Opto-Electronic Science and Technology Co Annual Data
Trend Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 22.91 51.55 59.93 70.54 60.83

Nanjing Wavelength Opto-Electronic Science and Technology Co Quarterly Data
Dec14 Jun15 Dec18 Dec19 Sep20 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 9.76 12.51 12.26 21.19 4.32

Competitive Comparison of Nanjing Wavelength Opto-Electronic Science and Technology Co's EBIT

For the Electronic Components subindustry, Nanjing Wavelength Opto-Electronic Science and 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.


Nanjing Wavelength Opto-Electronic Science and Technology Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nanjing Wavelength Opto-Electronic Science and Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nanjing Wavelength Opto-Electronic Science and Technology Co's EV-to-EBIT falls into.



Nanjing Wavelength Opto-Electronic Science and 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 ¥50.3 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.


Nanjing Wavelength Opto-Electronic Science and Technology Co  (SZSE:301421) EBIT Explanation

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

Nanjing Wavelength Opto-Electronic Science and 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 )
=8.9 * ( 1 - 47.16% )/( (524.237 + 575.273)/ 2 )
=4.70276/549.755
=0.86 %

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))
=1331.233 - 112.019 - ( 694.977 - max(0, 147.91 - 966.381+694.977))
=524.237

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))
=1347.085 - 126.763 - ( 645.049 - max(0, 156.097 - 957.399+645.049))
=575.273

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

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

Nanjing Wavelength Opto-Electronic Science and 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 )
=17.26/( ( (277.009 + max(107.325, 0)) + (307.609 + max(139.696, 0)) )/ 2 )
=17.26/( ( 384.334 + 447.305 )/ 2 )
=17.26/415.8195
=4.15 %

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)
=(87.479 + 146.989 + 13.694) - (112.019 + 0 + 28.818)
=107.325

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(82.549 + 170.917 + 41.333) - (126.763 + 0 + 28.34)
=139.696

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:

Nanjing Wavelength Opto-Electronic Science and Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=50.268/5605.872
=0.90 %

* 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.


Nanjing Wavelength Opto-Electronic Science and Technology Co EBIT Related Terms

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Nanjing Wavelength Opto-Electronic Science and Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Boguang Road, Hushu Industrial Concentration Area, Jiangning, Jiangsu, Nanjing, CHN, 211121
Nanjing Wavelength Opto-Electronic Science and Technology Co Ltd is a high-tech enterprise integrating optical design, production and sales. The company aimed to provide high-quality laser optics, infrared optics, intelligent optics, precision optical products and a full range of services, serving the field of optical electronics.

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