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Opple Lighting Co (SHSE:603515) EBIT : ¥1,107 Mil (TTM As of Mar. 2024)


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What is Opple Lighting Co EBIT?

Opple Lighting Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥146 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,107 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Opple Lighting Co's annualized ROC % for the quarter that ended in Mar. 2024 was 12.56%. Opple Lighting Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 41.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Opple Lighting Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.31%.


Opple Lighting Co EBIT Historical Data

The historical data trend for Opple Lighting 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.

Opple Lighting Co EBIT Chart

Opple Lighting 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 1,044.27 961.36 1,066.87 898.95 1,089.68

Opple Lighting 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 128.94 366.06 327.85 266.83 145.91

Competitive Comparison of Opple Lighting Co's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Opple Lighting 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.


Opple Lighting Co's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Opple Lighting Co's EV-to-EBIT distribution charts can be found below:

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



Opple Lighting 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 ¥1,107 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.


Opple Lighting Co  (SHSE:603515) EBIT Explanation

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

Opple Lighting 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 )
=589.968 * ( 1 - 16.04% )/( (3967.861 + 3921.239)/ 2 )
=495.3371328/3944.55
=12.56 %

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))
=9877.442 - 1918.06 - ( 4833.885 - max(0, 3137.934 - 7129.455+4833.885))
=3967.861

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))
=9388.89 - 1521.5 - ( 5388.978 - max(0, 2683.504 - 6629.655+5388.978))
=3921.239

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

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

Opple Lighting 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 )
=583.656/( ( (1398.954 + max(-759.942, 0)) + (1381.303 + max(-1347.488, 0)) )/ 2 )
=583.656/( ( 1398.954 + 1381.303 )/ 2 )
=583.656/1390.1285
=41.99 %

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)
=(634.453 + 572.696 + 1011.122) - (1918.06 + 0 + 1060.153)
=-759.942

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(551.031 + 547.658 + 75.576) - (1521.5 + 0 + 1000.253)
=-1347.488

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1106.66/9785.117
=11.31 %

* 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.


Opple Lighting Co EBIT Related Terms

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Opple Lighting Co (SHSE:603515) Business Description

Traded in Other Exchanges
N/A
Address
The MIXC, Lane 1799, Wuzhong Road, Building 3, Minhang District, Shanghai, CHN, 201103
Opple Lighting Co Ltd is a China-based integrated lighting manufacturing company. It offers electrical appliances to large-scale commercial lighting solutions. The products of the company are LED light source, LED home luminaires and LED professional luminaires. Its other products range from lamps and ceiling fixtures to electrical appliances.
Executives
Wang Yao Hai Director
Zhang Xue Juan senior management
Huang Di Director
Ma Zhi Wei Director
Ma Xiu Hui Directors, senior managers
Gao Zhan Director
Ni Guo Long Director
Han Yi Quan senior management
Qi Xiao Ming Director
Ding Long Director
Hong Wei Ying Supervisors
Wang Guo Xiao Supervisors
Chen Jing Hua Director

Opple Lighting Co (SHSE:603515) Headlines

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