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Shanghai United Imaging Healthcare Co (SHSE:688271) EBIT : ¥2,189 Mil (TTM As of Mar. 2024)


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What is Shanghai United Imaging Healthcare Co EBIT?

Shanghai United Imaging Healthcare Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥400 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,189 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shanghai United Imaging Healthcare Co's annualized ROC % for the quarter that ended in Mar. 2024 was 12.74%. Shanghai United Imaging Healthcare Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 27.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shanghai United Imaging Healthcare Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.38%.


Shanghai United Imaging Healthcare Co EBIT Historical Data

The historical data trend for Shanghai United Imaging Healthcare 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.

Shanghai United Imaging Healthcare Co EBIT Chart

Shanghai United Imaging Healthcare Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 80.04 1,232.74 1,705.85 1,926.22 2,149.28

Shanghai United Imaging Healthcare Co Quarterly Data
Dec18 Dec19 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 360.85 686.57 124.24 977.61 400.44

Competitive Comparison of Shanghai United Imaging Healthcare Co's EBIT

For the Medical Devices subindustry, Shanghai United Imaging Healthcare 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.


Shanghai United Imaging Healthcare Co's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai United Imaging Healthcare Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shanghai United Imaging Healthcare Co's EV-to-EBIT falls into.



Shanghai United Imaging Healthcare 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 ¥2,189 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.


Shanghai United Imaging Healthcare Co  (SHSE:688271) EBIT Explanation

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

Shanghai United Imaging Healthcare 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 )
=1439.672 * ( 1 - 9.46% )/( (9527.443 + 10937.938)/ 2 )
=1303.4790288/10232.6905
=12.74 %

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))
=25336.14 - 3305.097 - ( 12503.6 - max(0, 5797.953 - 20227.806+12503.6))
=9527.443

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))
=25347.749 - 3214.772 - ( 11195.039 - max(0, 5448.289 - 19770.733+11195.039))
=10937.938

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

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

Shanghai United Imaging Healthcare 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 )
=1601.776/( ( (3165.487 + max(1834.435, 0)) + (3579.84 + max(3012.733, 0)) )/ 2 )
=1601.776/( ( 4999.922 + 6592.573 )/ 2 )
=1601.776/5796.2475
=27.63 %

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)
=(3227.657 + 3893.42 + 450.612) - (3305.097 + 0 + 2432.157)
=1834.435

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3693.872 + 4228.965 + 477.978) - (3214.772 + 0 + 2173.31)
=3012.733

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:

Shanghai United Imaging Healthcare Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=2188.869/92026.628
=2.38 %

* 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.


Shanghai United Imaging Healthcare Co EBIT Related Terms

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Shanghai United Imaging Healthcare Co (SHSE:688271) Business Description

Traded in Other Exchanges
N/A
Address
No. 2258, Chengbei Road, Jiading District, Shanghai, CHN, 201807
Shanghai United Imaging Healthcare Co Ltd is dedicated to providing, developing and producing high-performance advanced medical imaging, radiotherapy equipment, life science instruments and offers intelligent digital solutions to customers worldwide.

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