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Digital China Group Co (SZSE:000034) EBIT : ¥2,171 Mil (TTM As of Mar. 2024)


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What is Digital China Group Co EBIT?

Digital China Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥517 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,171 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Digital China Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 9.36%. Digital China Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 16.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Digital China Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.79%.


Digital China Group Co EBIT Historical Data

The historical data trend for Digital China Group 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.

Digital China Group Co EBIT Chart

Digital China Group 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 1,369.69 1,255.75 927.74 1,704.14 2,013.57

Digital China Group 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 359.50 416.16 607.65 630.25 516.77

Competitive Comparison of Digital China Group Co's EBIT

For the Information Technology Services subindustry, Digital China Group 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.


Digital China Group Co's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Digital China Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Digital China Group Co's EV-to-EBIT falls into.



Digital China Group 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 ¥2,171 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.


Digital China Group Co  (SZSE:000034) EBIT Explanation

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

Digital China Group 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 )
=2810.808 * ( 1 - 18.22% )/( (24444.023 + 24685.999)/ 2 )
=2298.6787824/24565.011
=9.36 %

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))
=44883.708 - 14794.878 - ( 5644.807 - max(0, 29664.98 - 35981.414+5644.807))
=24444.023

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))
=45106.326 - 14856.265 - ( 5564.062 - max(0, 29819.976 - 35907.756+5564.062))
=24685.999

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

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

Digital China Group 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 )
=2067.096/( ( (682.434 + max(11329.885, 0)) + (805.318 + max(12421.484, 0)) )/ 2 )
=2067.096/( ( 12012.319 + 13226.802 )/ 2 )
=2067.096/12619.5605
=16.38 %

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)
=(11292.273 + 12337.655 + 5808.94) - (14794.878 + 0 + 3314.105)
=11329.885

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12538.584 + 13458.476 + 3656.69) - (14856.265 + 0 + 2376.001)
=12421.484

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:

Digital China Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=2170.842/31962.426
=6.79 %

* 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.


Digital China Group Co EBIT Related Terms

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Digital China Group Co (SZSE:000034) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Kefa Road, Yuehai Street, Building E1, Floor 11, Building 1, Financial Base, Nanshan District, Guangdong Province, Shenzhen, CHN, 100085
Digital China Group Co Ltd is a China-based integrated IT service provider. It is engaged in the business activity of providing services which include product marketing, capital logistics, localized technical support, large data services and cloud computing infrastructure.
Executives
Yang Ming Lang Executives
Liu Xin Secretary Dong
Lv Jing Executives
Xin Xin Director
Lu Ming Executives
Chen Zhen Kun Executives
Li Yan Executives
Han Zhi Min Executives
Ye Hai Qiang Executives
Hao Jun Cheng Executives
Zhou Li Da Executives
Wang Xiao Yan Director
Wu Hao Executives
Tang Kai Executives
Wang Ji Ye Secretary Dong

Digital China Group Co (SZSE:000034) Headlines

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