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Tongding Interconnection Information Co (SZSE:002491) EBIT : ¥220 Mil (TTM As of Mar. 2024)


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What is Tongding Interconnection Information Co EBIT?

Tongding Interconnection Information Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥220 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tongding Interconnection Information Co's annualized ROC % for the quarter that ended in Mar. 2024 was 7.62%. Tongding Interconnection Information Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tongding Interconnection Information Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.50%.


Tongding Interconnection Information Co EBIT Historical Data

The historical data trend for Tongding Interconnection Information 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.

Tongding Interconnection Information Co EBIT Chart

Tongding Interconnection Information 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 -1,950.00 282.45 -396.90 264.00 393.80

Tongding Interconnection Information 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 174.64 155.99 13.41 49.76 0.95

Competitive Comparison of Tongding Interconnection Information Co's EBIT

For the Electrical Equipment & Parts subindustry, Tongding Interconnection Information 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.


Tongding Interconnection Information Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tongding Interconnection Information Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tongding Interconnection Information Co's EV-to-EBIT falls into.



Tongding Interconnection Information 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 ¥220 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.


Tongding Interconnection Information Co  (SZSE:002491) EBIT Explanation

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

Tongding Interconnection Information 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 )
=307.64 * ( 1 - 0.73% )/( (3978.5 + 4034.732)/ 2 )
=305.394228/4006.616
=7.62 %

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))
=5887.887 - 1291.987 - ( 1643.473 - max(0, 3333.889 - 3951.289+1643.473))
=3978.5

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))
=5703.679 - 1129.47 - ( 1387.421 - max(0, 3187.176 - 3726.653+1387.421))
=4034.732

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

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

Tongding Interconnection Information 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 )
=3.812/( ( (626.494 + max(520.083, 0)) + (611.184 + max(722.319, 0)) )/ 2 )
=3.812/( ( 1146.577 + 1333.503 )/ 2 )
=3.812/1240.04
=0.31 %

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)
=(1102.363 + 822.409 + 47.769) - (1291.987 + 0 + 160.471)
=520.083

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1222.413 + 730.602 + 29.09) - (1129.47 + 0 + 130.316)
=722.319

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:

Tongding Interconnection Information Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=220.115/4888.072
=4.50 %

* 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.


Tongding Interconnection Information Co EBIT Related Terms

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Tongding Interconnection Information Co (SZSE:002491) Business Description

Traded in Other Exchanges
N/A
Address
No.18, Xiaoping Road, Badu Industrial Zone, Zhenze, Wujiang, Jiangsu, CHN, 215233
Tongding Interconnection Information Co Ltd is a China-based fiber optic cable manufacturing company. It specializes in the production of optical fiber, optical fiber cable, optical devices, optical fiber sensors, special optical cables and other products. In addition, the company also provides data center solution, cloud data center cable solution, rail transit cable solution, and wireless signal distribution system.
Executives
Yan Yong Qing Directors, executives
Liu Dong Yang Director
Cai Wen Jie Executives
Chen Hai Bin Director
Huang Jian Director
Qian Hui Fang Director
Peng Sheng Qian Executives
Zhang Yue Fang Directors, executives
Jiang Xiao Qiang Executives
Li Jun Executives
Shen Feng Director
Li Long Qin Director
Chen Bin Supervisors
He Zhong Liang Directors, Directors, and Executives
Liu Yan Hui Executives

Tongding Interconnection Information Co (SZSE:002491) Headlines

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