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Vtron Group Co (SZSE:002308) EBIT : ¥-4.7 Mil (TTM As of Sep. 2023)


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What is Vtron Group Co EBIT?

Vtron Group Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was ¥-9.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was ¥-4.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vtron Group Co's annualized ROC % for the quarter that ended in Sep. 2023 was -13.13%. Vtron Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -6.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vtron Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -0.54%.


Vtron Group Co EBIT Historical Data

The historical data trend for Vtron Group 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.

Vtron Group Co EBIT Chart

Vtron Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 215.17 -1,182.97 31.50 -382.21 54.44

Vtron Group Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 58.65 -35.15 23.81 16.37 -9.75

Competitive Comparison of Vtron Group Co's EBIT

For the Consumer Electronics subindustry, Vtron Group 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.


Vtron Group Co's EV-to-EBIT Distribution in the Hardware Industry

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

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



Vtron Group 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-4.7 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.


Vtron Group Co  (SZSE:002308) EBIT Explanation

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

Vtron Group Co's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-79.092 * ( 1 - -46.16% )/( (613.461 + 1147.025)/ 2 )
=-115.6008672/880.243
=-13.13 %

where

Invested Capital(Q: Jun. 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))
=2297.328 - 109.798 - ( 1574.069 - max(0, 170.674 - 2003.722+1574.069))
=613.461

Invested Capital(Q: Sep. 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))
=2298.067 - 143.152 - ( 1007.89 - max(0, 198.426 - 2019.992+1007.89))
=1147.025

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Vtron Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-39.012/( ( (118.584 + max(250.087, 0)) + (105.578 + max(787.826, 0)) )/ 2 )
=-39.012/( ( 368.671 + 893.404 )/ 2 )
=-39.012/631.0375
=-6.18 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(129.235 + 107.084 + 172.064) - (109.798 + 0 + 48.498)
=250.087

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(108.305 + 105.551 + 760.018) - (143.152 + 0 + 42.896)
=787.826

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-4.724/882.860
=-0.54 %

* 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.


Vtron Group Co EBIT Related Terms

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Vtron Group Co (SZSE:002308) Business Description

Traded in Other Exchanges
N/A
Address
No. 233 Kezhu Road, Guangzhou Hi-Tech Industrial Development Zone, Guangzhou, CHN, 510670
Vtron Group Co Ltd provides control room and video wall collaboration total solutions. The company's video wall solutions include video wall display cubes, narrow bezel LCD panels and indoor LED displays, and video wall processors.
Executives
Liu Xiu Jun Director
Cao Zhou Tao Director
Hou Jia Executives
Chen Yu Director
Chen Chun Hua Director
Zheng De Cheng Supervisors
He Yi Ming Directors, executives
Wang Hong Bing Directors, executives
Ju Li Executives
Xie Ming Ming Executives
Zhou Zhi Wen Executives
Jiang Yu Lan Executives
Zhang Bin Executives

Vtron Group Co (SZSE:002308) Headlines

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