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Bowen Acquisition's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2023 was $0.00 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
EBIT is also linked to Joel Greenblatt's definition of earnings yield.
The historical data trend for Bowen Acquisition'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.
Bowen Acquisition Annual Data | |||
Trend | Dec23 | ||
EBIT | - |
Bowen Acquisition Semi-Annual Data | |
Feb23 | |
EBIT | - |
For the Shell Companies subindustry, Bowen Acquisition'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.
For the Diversified Financial Services industry and Financial Services sector, Bowen Acquisition's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Bowen Acquisition's EV-to-EBIT falls into.
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.
For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Feb. 2023 was $ 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.
Bowen Acquisition (NAS:BOWN) EBIT Explanation
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Bowen Acquisition's annualized ROC % for the quarter that ended in Feb. 2023 is calculated as:
ROC % (Q: Feb. 2023 ) | ||||||
= | NOPAT | / | Average Invested Capital | |||
= | Operating Income * ( 1 - Tax Rate % ) | / | ( (Invested Capital (Q: . 20 ) | + | Invested Capital (Q: Feb. 2023 )) | / count ) |
= | * ( 1 - % ) | / | ( ( | + | ) | / ) |
= | / | |||||
= | % |
where
Invested Capital | (Q: . 20 ) | |||||||||||
= | 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 | )) |
= | - | - | ( | - | max(0, | - | + | )) | ||||
= |
Invested Capital | (Q: Feb. 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 | )) |
= | - | - | ( | - | max(0, | - | + | )) | ||||
= |
Note: The Operating Income data used here is one times the annual (Feb. 2023) data.
2. Joel Greenblatt's definition of Return on Capital:
Bowen Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2023 is calculated as:
ROC (Joel Greenblatt) % | (Q: Feb. 2023 ) | ||||||
= | EBIT | / | Average of (Net fixed Assets | + | Net Working Capital) | ||
= | EBIT | / | Average of (Property, Plant and Equipment | + | Net Working Capital) | ||
Q: . 20 | Q: Feb. 2023 | ||||||
= | EBIT | / | ( ( (Property, Plant and Equipment + Net Working Capital) | + | (Property, Plant and Equipment + Net Working Capital) ) | / | count ) |
= | / | ( ( ( + max(, 0)) | + | ( + max(, 0)) ) | / | ) | |
= | / | ( ( | + | ) | / | ) | |
= | / | ||||||
= | % |
where Working Capital is:
Working Capital | (Q: . 20 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | ( | + | + | ) | - | ( | + | + | ) | ||
= |
Working Capital | (Q: Feb. 2023 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | ( | + | + | ) | - | ( | + | + | ) | ||
= |
When net working capital is negative, 0 is used.
Note: The EBIT data used here is one times the annual (Feb. 2023) EBIT data.
3. It is also linked to Joel Greenblatt's definition of Earnings Yield:
Bowen Acquisition's Earnings Yield (Joel Greenblatt) % for today is calculated as:
Earnings Yield (Joel Greenblatt) % | = | EBIT (TTM) | / | Enterprise Value (Q: Feb. 2023 ) |
= | / | 96.462 | ||
= | % |
* 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.
Thank you for viewing the detailed overview of Bowen Acquisition's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Lawrence W. Leighton | director | TANG XING SHU MA BUILDING, SUITE 418, TANG XING ROAD, XIAN, SHAANXI PROVINCE F4 710065 |
Jiangang Luo | officer: Chief Executive Officer | 18 MICHELLE WAY, PINE BROOK NJ 07058 |
Jing Lu | officer: Chief Financial Officer | C/O KEYARCH ACQUISITION CORP., 183 QUEEN'S ROAD, CENTRAL HONG KONG K3 999077 |
Createcharm Holdings Ltd | 10 percent owner | C/O BOWEN ACQUISITION CORP, 420, NEW YORK NY 10170 |
Na Gai | director, other: Chairwoman of the Board | C/O BOWEN ACQUISITION CORP, 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170 |
Wei Li | director | C/O BOWEN ACQUISITION CORP, 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170 |
Bowen Holding Lp | 10 percent owner | C/O BOWEN ACQUISITION CORP, 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170 |
Jun Zhang | director | C/O BOWEN ACQUISITION CORP, 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170 |
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