Zhangmen Education (Zhangmen Education) EBIT : $-203.8 Mil (TTM As of Dec. 2022)

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What is Zhangmen Education EBIT?

Zhangmen Education's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2022 was $0.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was $-203.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhangmen Education's annualized ROC % for the quarter that ended in Dec. 2022 was 0.00%. Zhangmen Education's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhangmen Education's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -2,143.55%.

Zhangmen Education EBIT Historical Data

The historical data trend for Zhangmen Education'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.

Zhangmen Education EBIT Chart

Zhangmen Education Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

EBIT

-226.04

-46.11

-41.62

-14.20

Zhangmen Education Quarterly Data
	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Dec21	Dec22
EBIT	Get a 7-Day Free Trial			-	-80.73	-123.04	-	-

Competitive Comparison of Zhangmen Education's EBIT

For the Education & Training Services subindustry, Zhangmen Education'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.

Zhangmen Education's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Zhangmen Education's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhangmen Education's EV-to-EBIT falls into.

Zhangmen Education 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 Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-203.8 Mil.

Zhangmen Education (OTCPK:ZMENY) EBIT Explanation

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

Zhangmen Education's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

	ROC % (Q: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2021 )	+	Invested Capital (Q: Dec. 2022 ))	/ count )
=	0 * ( 1 - 0% )	/	( (533.093	+	10.152)	/ 2 )
=	0	/	271.6225
=	0.00 %

where

	Invested Capital		(Q: Dec. 2021 )
=	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	))
=	396.756	-	1.786	-	( 62.713	-	max(0, 527.705	-	389.582	+	62.713	))
=	533.093

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	22.449	-	1.446	-	( 21.917	-	max(0, 11.446	-	22.297	+	21.917	))
=	10.152

Note: The Operating Income data used here is four times the quarterly (Dec. 2022) data.

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

Zhangmen Education's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2021		Q: Dec. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0	/	( ( (0.207 + max(-200.855, 0))	+	(0.131 + max(-11.238, 0)) )	/	2 )
=	0	/	( ( 0.207	+	0.131 )	/	2 )
=	0	/	0.169
=	0.00 %

where Working Capital is:

	Working Capital		(Q: Dec. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	326.772)	-	(1.786	+	11.992	+	513.849)
=	-200.855

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.115)	-	(1.446	+	4.806	+	5.101)
=	-11.238

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Zhangmen Education's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2022 )
	=	-203.766	/	9.506
	=	-2,143.55 %

Zhangmen Education EBIT Related Terms

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Zhangmen Education (Zhangmen Education) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Zhangmen Education Inc (OTCPK:ZMENY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1666 North Sichuan Road, Hongkou District, Shanghai, CHN, 200080

Website

https://www.zhangmen.com

Zhangmen Education Inc is an online education company in China focused on providing personalized online courses to K-12 students. The core course offerings encompass one-on-one and small-class after-school tutoring services covering all core K-12 academic subjects.