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Xiamen Intretech (SZSE:002925) EBIT : ¥530 Mil (TTM As of Mar. 2024)


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What is Xiamen Intretech EBIT?

Xiamen Intretech's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥72 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥530 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xiamen Intretech's annualized ROC % for the quarter that ended in Mar. 2024 was 4.49%. Xiamen Intretech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xiamen Intretech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.75%.


Xiamen Intretech EBIT Historical Data

The historical data trend for Xiamen Intretech'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.

Xiamen Intretech EBIT Chart

Xiamen Intretech 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 1,126.49 1,254.07 1,289.20 815.73 565.23

Xiamen Intretech 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 107.58 144.83 161.64 151.19 72.28

Competitive Comparison of Xiamen Intretech's EBIT

For the Consumer Electronics subindustry, Xiamen Intretech'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.


Xiamen Intretech's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Xiamen Intretech's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Xiamen Intretech's EV-to-EBIT falls into.



Xiamen Intretech 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 ¥530 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.


Xiamen Intretech  (SZSE:002925) EBIT Explanation

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

Xiamen Intretech'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 )
=234.86 * ( 1 - 14.63% )/( (4456.686 + 4470.038)/ 2 )
=200.499982/4463.362
=4.49 %

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))
=7367.542 - 925.366 - ( 1985.49 - max(0, 1489.514 - 4136.441+1985.49))
=4456.686

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))
=7242.958 - 765.824 - ( 2007.096 - max(0, 1550.033 - 4000.818+2007.096))
=4470.038

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

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

Xiamen Intretech'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 )
=289.128/( ( (1977.167 + max(906.968, 0)) + (1987.906 + max(856.161, 0)) )/ 2 )
=289.128/( ( 2884.135 + 2844.067 )/ 2 )
=289.128/2864.101
=10.09 %

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)
=(1111.076 + 788.65 + 69.313999999999) - (925.366 + 0 + 136.706)
=906.968

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(964.759 + 737.839 + 74.755) - (765.824 + 0 + 155.368)
=856.161

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:

Xiamen Intretech's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=529.941/9220.521
=5.75 %

* 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.


Xiamen Intretech EBIT Related Terms

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Xiamen Intretech (SZSE:002925) Business Description

Traded in Other Exchanges
N/A
Address
2-7 Floor, No. 588 Jiahe Road, Torch Park, Huli District, Fujian, Xiamen, CHN, 361006
Xiamen Intretech Inc manufactures family entertainment control equipment, man-machine interface control equipment, computer automatic storage equipment, automotive electronics and related electronic products. Its overseas business is mainly on Original Design Manufacturing (ODM) and Original Equipment Manufacturer (OEM) business with global brand products.
Executives
Lin Xian Feng Directors, executives
Yang Ming Directors, executives
Lin Song Hua Director
Wu Wen Jiang Supervisors
Li Jin Miao Directors, executives
Wu Xue Fen Director
Wang Zhan Qing Directors, executives
Wu Kai Ting Director
Gao Hui Ling Securities Affairs Representative
Hu Hai Rong Supervisors

Xiamen Intretech (SZSE:002925) Headlines

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