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Wingtech Technology Co (SHSE:600745) EBIT : ¥2,278 Mil (TTM As of Mar. 2024)


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What is Wingtech Technology Co EBIT?

Wingtech Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥467 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,278 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wingtech Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 was 0.70%. Wingtech Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wingtech Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.82%.


Wingtech Technology Co EBIT Historical Data

The historical data trend for Wingtech 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.

Wingtech Technology Co EBIT Chart

Wingtech Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,041.45 3,278.41 3,537.29 2,872.30 2,756.88

Wingtech Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 945.72 1,260.44 1,218.68 -667.96 466.89

Competitive Comparison of Wingtech Technology Co's EBIT

For the Communication Equipment subindustry, Wingtech 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.


Wingtech Technology Co's EV-to-EBIT Distribution in the Hardware Industry

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

* The bar in red indicates where Wingtech Technology Co's EV-to-EBIT falls into.



Wingtech 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥2,278 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.


Wingtech Technology Co  (SHSE:600745) EBIT Explanation

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

Wingtech Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=713.824 * ( 1 - 44.53% )/( (57216.778 + 55841.174)/ 2 )
=395.9581728/56528.976
=0.70 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=76967.959 - 17652.185 - ( 7353.639 - max(0, 27649.28 - 29748.276+7353.639))
=57216.778

Invested Capital(Q: Mar. 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))
=75262.723 - 17005.222 - ( 6708.218 - max(0, 25501.448 - 27917.775+6708.218))
=55841.174

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

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

Wingtech Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1867.564/( ( (15482.699 + max(4072.594, 0)) + (15463.19 + max(3668.533, 0)) )/ 2 )
=1867.564/( ( 19555.293 + 19131.723 )/ 2 )
=1867.564/19343.508
=9.65 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9109.191 + 10596.388 + 2399.954) - (17652.185 + 0 + 380.754)
=4072.594

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10094.109 + 9330.858 + 1434.077) - (17005.222 + 0 + 185.289)
=3668.533

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Wingtech Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=2278.057/47300.892
=4.82 %

* 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.


Wingtech Technology Co EBIT Related Terms

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Wingtech Technology Co (SHSE:600745) Business Description

Traded in Other Exchanges
N/A
Address
Mission Town Hill on the 6th district, Hubei Province, Huangshi, CHN, 314000
Wingtech Technology Co Ltd is a China-based company engaged in the research, development, and manufacture of mobile terminals and smart hardware products. Its main products are mobile communication complete machines, mobile communication devices and other mobile communication products, such as smartphones. The company also provides services such as Intelligent Terminal, Virtual Reality, Property and Hotel and other services.
Executives
Gao Yan Director
Ceng Hai Cheng senior management
Zhang Qiu Hong Director
Zhou Bin senior management
Chen Jian Supervisors
Xu Qing Hua Director
Wu Nian You senior management
Li Shi Ying Director
Mao Shu Jie Supervisors
Gao Jian Rong Director

Wingtech Technology Co (SHSE:600745) Headlines

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