GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Foxconn Industrial Internet Co Ltd (SHSE:601138) » Definitions » EBIT

Foxconn Industrial Internet Co (SHSE:601138) EBIT : ¥27,037 Mil (TTM As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Foxconn Industrial Internet Co EBIT?

Foxconn Industrial Internet Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥5,415 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥27,037 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Foxconn Industrial Internet Co's annualized ROC % for the quarter that ended in Mar. 2024 was 17.27%. Foxconn Industrial Internet Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 22.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Foxconn Industrial Internet Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.46%.


Foxconn Industrial Internet Co EBIT Historical Data

The historical data trend for Foxconn Industrial Internet 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.

Foxconn Industrial Internet Co EBIT Chart

Foxconn Industrial Internet Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 21,885.56 20,335.38 22,810.17 23,444.89 25,605.63

Foxconn Industrial Internet 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 3,983.74 4,805.33 7,786.21 9,030.35 5,414.63

Competitive Comparison of Foxconn Industrial Internet Co's EBIT

For the Communication Equipment subindustry, Foxconn Industrial Internet 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.


Foxconn Industrial Internet Co's EV-to-EBIT Distribution in the Hardware Industry

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

* The bar in red indicates where Foxconn Industrial Internet Co's EV-to-EBIT falls into.



Foxconn Industrial Internet 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 ¥27,037 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.


Foxconn Industrial Internet Co  (SHSE:601138) EBIT Explanation

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

Foxconn Industrial Internet 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 )
=21588.592 * ( 1 - 11.86% )/( (108709.655 + 111592.763)/ 2 )
=19028.1849888/110151.209
=17.27 %

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))
=287705.301 - 95200.066 - ( 83795.58 - max(0, 138044.524 - 252478.457+83795.58))
=108709.655

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))
=276713.342 - 84913.655 - ( 80206.924 - max(0, 124849.91 - 241227.472+80206.924))
=111592.763

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

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

Foxconn Industrial Internet 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 )
=21658.524/( ( (21790.763 + max(71537.161, 0)) + (22573.681 + max(74058.719, 0)) )/ 2 )
=21658.524/( ( 93327.924 + 96632.4 )/ 2 )
=21658.524/94980.162
=22.80 %

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)
=(88466.866 + 76683.349 + 2671.833) - (95200.066 + 0 + 1084.821)
=71537.161

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(81191.636 + 76456.995 + 2525.572) - (84913.655 + 0 + 1201.829)
=74058.719

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:

Foxconn Industrial Internet Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=27036.52/418453.146
=6.46 %

* 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.


Foxconn Industrial Internet Co EBIT Related Terms

Thank you for viewing the detailed overview of Foxconn Industrial Internet Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Foxconn Industrial Internet Co (SHSE:601138) Business Description

Traded in Other Exchanges
N/A
Address
2 East Ring Road, Longhua Street, 2nd Floor, Building C1, Foxconn Technology Park, Longhua District, Guangdong Province, Shenzhen, CHN, 518109
Foxconn Industrial Internet Co Ltd is engaged in designing and manufacturing of communication network equipment, cloud service equipment, precision tools, and industrial robots. The company's main products cover communication network equipment, cloud service equipment, precision tools and industrial robots. The products are mainly used in smartphones, broadband, and wireless networks, infrastructure construction of multimedia service operators, infrastructure construction of telecom operators, and others.
Executives
Fu Fu Ming Director

Foxconn Industrial Internet Co (SHSE:601138) Headlines

No Headlines