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Zhibao Technology (Zhibao Technology) EBIT : $-5.79 Mil (TTM As of Jun. 2023)


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What is Zhibao Technology EBIT?

Zhibao Technology's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was $-6.76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-5.79 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhibao Technology's annualized ROC % for the quarter that ended in Jun. 2023 was -165.82%. Zhibao Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -306.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhibao Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -3.90%.

Zhibao Technology EBIT Historical Data

The historical data trend for Zhibao Technology'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.

Zhibao Technology EBIT Chart

Zhibao Technology Annual Data
Trend Jun21 Jun22 Jun23
EBIT
-5.59 1.99 -5.82

Zhibao Technology Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
EBIT - 1.07 0.98 0.97 -6.76

Competitive Comparison of Zhibao Technology's EBIT

For the Insurance Brokers subindustry, Zhibao Technology'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.

Zhibao Technology's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zhibao Technology's EV-to-EBIT distribution charts can be found below:

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


Zhibao Technology 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-5.79 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.

Zhibao Technology  (NAS:ZBAO) EBIT Explanation

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

Zhibao Technology's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-14.256 * ( 1 - -6.59% )/( (8.813 + 9.515)/ 2 )
=-15.1954704/9.164
=-165.82 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=49.097 - 38.188 - ( 2.096 - max(0, 44.499 - 46.612+2.096))
=8.813

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))
=17.879 - 6.985 - ( 1.379 - max(0, 13.168 - 15.878+1.379))
=9.515

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

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

Zhibao Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-13.526/( ( (0.704 + max(3.277, 0)) + (0.605 + max(4.229, 0)) )/ 2 )
=-13.526/( ( 3.981 + 4.834 )/ 2 )
=-13.526/4.4075
=-306.89 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.189 + 0 + 31.427) - (38.188 + 2.152 + -0.00099999999999767)
=3.277

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.857 + 0 + 2.452) - (6.985 + 2.095 + -1.7763568394003E-15)
=4.229

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=-5.789/148.368
=-3.90 %

* 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.

Zhibao Technology EBIT Related Terms

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Zhibao Technology (Zhibao Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zhibao Technology Inc (NAS:ZBAO) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
Floor 3, Building 6, Wuxing Road, Lane 727, Shanghai, CHN, 201204
Website
https://www.zhibao-tech.com
Zhibao Technology Inc is a insurance technology company primarily engaged in providing digital insurance brokerage services in China. 2B2C digital embedded insurance is their innovative business model which they pioneered in China. They provide customized digital insurance solutions for B-side channels (covering a wide range of industries and organizations, including but not limited to Internet platforms, large and medium-sized enterprises, and government agencies, etc.), embedding them into the channel's existing business matrix, and providing the channel with Provide digital insurance brokerage services to C-end customers.

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