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Dawning Information Industry Co (SHSE:603019) EBIT : ¥2,260 Mil (TTM As of Mar. 2024)


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What is Dawning Information Industry Co EBIT?

Dawning Information Industry Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥227 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,260 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dawning Information Industry Co's annualized ROC % for the quarter that ended in Mar. 2024 was 1.67%. Dawning Information Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 14.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dawning Information Industry Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.26%.


Dawning Information Industry Co EBIT Historical Data

The historical data trend for Dawning Information Industry 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.

Dawning Information Industry Co EBIT Chart

Dawning Information Industry 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 919.17 1,107.32 1,453.47 1,963.14 2,244.81

Dawning Information Industry 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 211.65 549.97 262.42 1,220.77 227.29

Competitive Comparison of Dawning Information Industry Co's EBIT

For the Computer Hardware subindustry, Dawning Information Industry 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.


Dawning Information Industry Co's EV-to-EBIT Distribution in the Hardware Industry

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

* The bar in red indicates where Dawning Information Industry Co's EV-to-EBIT falls into.



Dawning Information Industry 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 ¥2,260 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.


Dawning Information Industry Co  (SHSE:603019) EBIT Explanation

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

Dawning Information Industry 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 )
=587.912 * ( 1 - 37.19% )/( (21578.858 + 22643.124)/ 2 )
=369.2675272/22110.991
=1.67 %

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))
=31615.459 - 2843.265 - ( 7193.336 - max(0, 4989.33 - 14929.213+7193.336))
=21578.858

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))
=31894.702 - 2821.998 - ( 6429.58 - max(0, 5388.853 - 14009.335+6429.58))
=22643.124

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

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

Dawning Information Industry 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 )
=909.164/( ( (2919.428 + max(3855.224, 0)) + (2911.456 + max(3073.174, 0)) )/ 2 )
=909.164/( ( 6774.652 + 5984.63 )/ 2 )
=909.164/6379.641
=14.25 %

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)
=(2528.982 + 3430.001 + 1439.425) - (2843.265 + 0 + 699.919)
=3855.224

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2957.022 + 3158.774 + 749.941) - (2821.998 + 0 + 970.565)
=3073.174

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:

Dawning Information Industry Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=2260.448/53105.840
=4.26 %

* 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.


Dawning Information Industry Co EBIT Related Terms

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Dawning Information Industry Co (SHSE:603019) Business Description

Traded in Other Exchanges
N/A
Address
Sugon Buliding, No.36 Zhongguancun Software Prak, No.8 Dongbeiwang West Road, Haidian District, Beijing, CHN, 100193
Dawning Information Industry Co Ltd is a China-based company engages in the manufacturing and selling of computers and servers. The company also provides industrial solutions and cloud computing services. Its products include server products, safety products, high-performance computing products, infrastructure, storage products, and cloud computing products. It offers integrated information services such as cloud computing and large data, software development, system integration and technical services.
Executives
Weng Qi Nan senior management
Ren Jing Yang senior management
Xu Wen Chao Directors, senior managers
Li Jun Directors, senior managers
Nie Hua Director
Shi Xin Dong senior management

Dawning Information Industry Co (SHSE:603019) Headlines

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