/term/owner-earnings/CNRQ CNRQ (China Soar Information Technology) Owner Earnings per
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China Soar Information Technology (China Soar Information Technology) Owner Earnings per Share (TTM) : (As of Jul. 2018)


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What is China Soar Information Technology Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

China Soar Information Technology does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for China Soar Information Technology's Owner Earnings per Share (TTM) or its related term are showing as below:



CNRQ's Price-to-Owner-Earnings is not ranked *
in the Interactive Media industry.
Industry Median: 17.29
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

China Soar Information Technology's Earnings per Share (Diluted) for the three months ended in Apr. 2019 was $0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2019 was $0.00. It's PE Ratio ratio for today is N/A.

China Soar Information Technology's EPS without NRI for the three months ended in Apr. 2019 was $0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Apr. 2019 was $0.00. It's PE Ratio without NRI ratio for today is N/A.


China Soar Information Technology Owner Earnings per Share (TTM) Historical Data

The historical data trend for China Soar Information Technology's Owner Earnings per Share (TTM) 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.

China Soar Information Technology Owner Earnings per Share (TTM) Chart

China Soar Information Technology Annual Data
Trend Jul15 Jul16 Jul17 Jul18
Owner Earnings per Share (TTM)
- - - -

China Soar Information Technology Quarterly Data
Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19
Owner Earnings per Share (TTM) 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 - - - - -

Competitive Comparison of China Soar Information Technology's Owner Earnings per Share (TTM)

For the Internet Content & Information subindustry, China Soar Information Technology's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


China Soar Information Technology's Price-to-Owner-Earnings Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, China Soar Information Technology's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where China Soar Information Technology's Price-to-Owner-Earnings falls into.



China Soar Information Technology Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

China Soar Information Technology does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


China Soar Information Technology Owner Earnings per Share (TTM) Related Terms

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China Soar Information Technology (China Soar Information Technology) Business Description

Traded in Other Exchanges
N/A
Address
191 Java Road, North Point, Room 803, 8th Floor, K.Wah Centre,, Hong Kong, HKG
Website
China Soar Information Technology Inc develops, markets, and sells Internet mobile application (MIMA) to entrepreneurs and small businesses in North America, South America, and Europe. It offers MIMA, a cloud platform that helps merchants to create a WEB/WAP e-commerce Website or cell phone client and enterprise mobile management information system.

China Soar Information Technology (China Soar Information Technology) Headlines

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