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Hangzhou EZVIZ Network Co (SHSE:688475) EBIT : ¥609 Mil (TTM As of Mar. 2024)


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What is Hangzhou EZVIZ Network Co EBIT?

Hangzhou EZVIZ Network Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥148 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥609 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hangzhou EZVIZ Network Co's annualized ROC % for the quarter that ended in Mar. 2024 was 15.15%. Hangzhou EZVIZ Network Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 39.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hangzhou EZVIZ Network Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.32%.


Hangzhou EZVIZ Network Co EBIT Historical Data

The historical data trend for Hangzhou EZVIZ Network 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.

Hangzhou EZVIZ Network Co EBIT Chart

Hangzhou EZVIZ Network Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 215.44 347.39 490.54 344.61 574.99

Hangzhou EZVIZ Network Co Quarterly Data
Dec18 Dec19 Dec20 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 114.54 158.07 154.81 147.58 148.46

Competitive Comparison of Hangzhou EZVIZ Network Co's EBIT

For the Consumer Electronics subindustry, Hangzhou EZVIZ Network 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.


Hangzhou EZVIZ Network Co's EV-to-EBIT Distribution in the Hardware Industry

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

* The bar in red indicates where Hangzhou EZVIZ Network Co's EV-to-EBIT falls into.



Hangzhou EZVIZ Network 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 ¥609 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.


Hangzhou EZVIZ Network Co  (SHSE:688475) EBIT Explanation

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

Hangzhou EZVIZ Network 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 )
=404.596 * ( 1 - 15.42% )/( (2201.657 + 2315.162)/ 2 )
=342.2072968/2258.4095
=15.15 %

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))
=8192.575 - 1974.202 - ( 4655.799 - max(0, 2367.438 - 6384.154+4655.799))
=2201.657

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))
=7938.282 - 1605.505 - ( 4389.309 - max(0, 1976.159 - 5993.774+4389.309))
=2315.162

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

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

Hangzhou EZVIZ Network 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 )
=593.852/( ( (1424.816 + max(-644.891, 0)) + (1568.507 + max(-376.23, 0)) )/ 2 )
=593.852/( ( 1424.816 + 1568.507 )/ 2 )
=593.852/1496.6615
=39.68 %

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)
=(860.352 + 694.77 + 122.221) - (1974.202 + 0 + 348.032)
=-644.891

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(784.927 + 698.501 + 82.264) - (1605.505 + 0 + 336.417)
=-376.23

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:

Hangzhou EZVIZ Network Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=608.919/26250.866
=2.32 %

* 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.


Hangzhou EZVIZ Network Co EBIT Related Terms

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Hangzhou EZVIZ Network Co (SHSE:688475) Business Description

Traded in Other Exchanges
N/A
Address
No. 399 Danfeng Road, Room 301, Building B, Building 2, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051
Hangzhou EZVIZ Network Co Ltd is engaged in providing smart life solutions based on visual interaction. It also provides open cloud platform services for managing IoT devices.

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