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Nations Technologies (SZSE:300077) EBIT : ¥-523 Mil (TTM As of Mar. 2024)


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What is Nations Technologies EBIT?

Nations Technologies's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-66 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-523 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nations Technologies's annualized ROC % for the quarter that ended in Mar. 2024 was -6.35%. Nations Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -15.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nations Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -8.28%.


Nations Technologies EBIT Historical Data

The historical data trend for Nations Technologies'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.

Nations Technologies EBIT Chart

Nations Technologies 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 163.13 34.76 253.44 29.57 -533.90

Nations Technologies 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 -76.47 -145.28 -113.84 -198.32 -65.63

Competitive Comparison of Nations Technologies's EBIT

For the Semiconductors subindustry, Nations Technologies'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.


Nations Technologies's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nations Technologies's EV-to-EBIT distribution charts can be found below:

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



Nations Technologies 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 ¥-523 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.


Nations Technologies  (SZSE:300077) EBIT Explanation

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

Nations Technologies'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 )
=-185.412 * ( 1 - 7.09% )/( (2724.024 + 2703.574)/ 2 )
=-172.2662892/2713.799
=-6.35 %

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))
=3802.581 - 361.484 - ( 881.436 - max(0, 1256.778 - 1973.851+881.436))
=2724.024

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))
=3692.79 - 351.931 - ( 770.109 - max(0, 1208.759 - 1846.044+770.109))
=2703.574

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

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

Nations Technologies'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 )
=-262.524/( ( (1085.536 + max(533.773, 0)) + (1160.614 + max(528.625, 0)) )/ 2 )
=-262.524/( ( 1619.309 + 1689.239 )/ 2 )
=-262.524/1654.274
=-15.87 %

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)
=(233.1 + 620.999 + 102.589) - (361.484 + 0 + 61.431)
=533.773

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(260.859 + 580.097 + 98.081) - (351.931 + 0 + 58.481)
=528.625

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:

Nations Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-523.062/6314.885
=-8.28 %

* 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.


Nations Technologies EBIT Related Terms

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Nations Technologies (SZSE:300077) Business Description

Traded in Other Exchanges
N/A
Address
No. 109 Baoshen Road, National Technology Building, Nanshan District, Guangdong, Shenzhen, CHN, 518057
Nations Technologies Inc is a China-based company. It provides secure IC products and services in Internet identification authentication, TPM, secure modules, and personal digital security products and services. Its products include mobile identity, online banking, data encryption, e-Government, financial transaction and many others.
Executives
Liu Hong Jing Directors, executives
Xu Guo Hui Securities Affairs Representative
Luo Zhao Xue Director
Sun Ying Tong Directors, executives
Yu Jun Jie Directors, executives
Guan Shi Yuan Executives
Zhou Jian Bo Supervisors
Zhang Bin Executives
Yu Yun Bo Directors, executives
Wang Tao Securities Affairs Representative
Liu Xiao Yu Executives
Peng Bo Supervisors
Lu Lin Executives
Sun Yuan Executives
Huang Fu Hong Jun Executives

Nations Technologies (SZSE:300077) Headlines

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