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Kingnet Network Co (SZSE:002517) EBIT : ¥1,751 Mil (TTM As of Mar. 2024)


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What is Kingnet Network Co EBIT?

Kingnet Network Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥443 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,751 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kingnet Network Co's annualized ROC % for the quarter that ended in Mar. 2024 was 55.61%. Kingnet Network Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1,364.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kingnet Network Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.88%.


Kingnet Network Co EBIT Historical Data

The historical data trend for Kingnet 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.

Kingnet Network Co EBIT Chart

Kingnet Network 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 -1,764.08 253.57 936.81 1,386.28 1,698.60

Kingnet Network 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 389.98 499.08 377.74 431.81 442.64

Competitive Comparison of Kingnet Network Co's EBIT

For the Electronic Gaming & Multimedia subindustry, Kingnet 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.


Kingnet Network Co's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kingnet Network Co's EV-to-EBIT distribution charts can be found below:

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



Kingnet 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 ¥1,751 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.


Kingnet Network Co  (SZSE:002517) EBIT Explanation

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

Kingnet 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 )
=1702.412 * ( 1 - 3.69% )/( (2637.809 + 3259.298)/ 2 )
=1639.5929972/2948.5535
=55.61 %

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))
=6610.37 - 1165.694 - ( 2806.867 - max(0, 1349.662 - 4549.833+2806.867))
=2637.809

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))
=7211.733 - 1307.546 - ( 2644.889 - max(0, 1514.112 - 4697.011+2644.889))
=3259.298

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

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

Kingnet 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 )
=1770.552/( ( (36.144 + max(65.603, 0)) + (30.681 + max(127.067, 0)) )/ 2 )
=1770.552/( ( 101.747 + 157.748 )/ 2 )
=1770.552/129.7475
=1,364.61 %

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)
=(1047.521 + 19.598 + 336.058) - (1165.694 + 0 + 171.88)
=65.603

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1144.6 + 24.894 + 462.06) - (1307.546 + 0 + 196.941)
=127.067

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1751.26/19732.444
=8.88 %

* 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.


Kingnet Network Co EBIT Related Terms

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Kingnet Network Co (SZSE:002517) Business Description

Traded in Other Exchanges
N/A
Address
No. 2388, Chenhang Highway, Building 3, Pujiang High-tech Plaza, Minhang District, Shanghai, CHN, 201114
Kingnet Network Co Ltd is a Chinese-based online game company. The company's main business covers research and development as well as the operation and publishing of quality entertainment content, including mobile games, web games, and PC games. It also engages in the operation of web game platforms and mobile app distribution platforms.
Executives
Jin Feng Director
Qian Jun Fa Directors, executives
Lin Bin Executives
Tang Yue Executives
Shen Jun Directors, executives
Zhao Fan Directors, executives
Huang Zhen Feng Executives
Liu Hong Lin Secretary Dong
Shen Liang Directors, executives
Chen Yong Cong Directors, executives
Fan Bo Executives
Qin Wei Supervisors
Ning Bing Yang Executives
Wang Yue Directors, executives
Feng Xian Chao Directors, executives

Kingnet Network Co (SZSE:002517) Headlines

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