GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Changsha Jingjia Microelectronics Co Ltd (SZSE:300474) » Definitions » EBIT

Changsha Jingjia Microelectronics Co (SZSE:300474) EBIT : ¥60.2 Mil (TTM As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Changsha Jingjia Microelectronics Co EBIT?

Changsha Jingjia Microelectronics Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-6.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥60.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Changsha Jingjia Microelectronics Co's annualized ROC % for the quarter that ended in Mar. 2024 was -4.03%. Changsha Jingjia Microelectronics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Changsha Jingjia Microelectronics Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.19%.


Changsha Jingjia Microelectronics Co EBIT Historical Data

The historical data trend for Changsha Jingjia Microelectronics 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.

Changsha Jingjia Microelectronics Co EBIT Chart

Changsha Jingjia Microelectronics 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 163.25 219.28 307.87 293.71 -2.91

Changsha Jingjia Microelectronics 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 -69.79 34.53 5.13 27.23 -6.65

Competitive Comparison of Changsha Jingjia Microelectronics Co's EBIT

For the Semiconductors subindustry, Changsha Jingjia Microelectronics 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.


Changsha Jingjia Microelectronics Co's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Changsha Jingjia Microelectronics Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Changsha Jingjia Microelectronics Co's EV-to-EBIT falls into.



Changsha Jingjia Microelectronics 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 ¥60.2 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.


Changsha Jingjia Microelectronics Co  (SZSE:300474) EBIT Explanation

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

Changsha Jingjia Microelectronics 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 )
=-81.756 * ( 1 - -35.23% )/( (2702.116 + 2787.349)/ 2 )
=-110.5586388/2744.7325
=-4.03 %

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))
=4194.391 - 409.281 - ( 1082.994 - max(0, 602.233 - 2900.353+1082.994))
=2702.116

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))
=4192.893 - 396.366 - ( 1009.178 - max(0, 591.941 - 2917.384+1009.178))
=2787.349

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

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

Changsha Jingjia Microelectronics 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 )
=-26.604/( ( (564.735 + max(986.61, 0)) + (561.653 + max(1136.558, 0)) )/ 2 )
=-26.604/( ( 1551.345 + 1698.211 )/ 2 )
=-26.604/1624.778
=-1.64 %

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)
=(635.788 + 637.138 + 159.663) - (409.281 + 0 + 36.698)
=986.61

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(667.111 + 690.271 + 214.857) - (396.366 + 0 + 39.315)
=1136.558

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:

Changsha Jingjia Microelectronics Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=60.235/31036.948
=0.19 %

* 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.


Changsha Jingjia Microelectronics Co EBIT Related Terms

Thank you for viewing the detailed overview of Changsha Jingjia Microelectronics Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Changsha Jingjia Microelectronics Co (SZSE:300474) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Meixihu Road, Yuelu District, Hunan Province, Changsha, CHN, 410221
Changsha Jingjia Microelectronics Co Ltd is a China-based company engaged in designing and manufacturing electronic products and integrated circuits and related software. It offers solutions, products and ancillary services to customers in the areas of information detection, information processing, and information delivery. The company also develops and manufactures domestically produced graphics processing chips. Its products portfolio comprises of the signal processing module, armored vehicle active protection, airborne data link, display control and single board and others.
Executives
Hu Ya Hua Executives
Liao Kai Secretary Dong
Guo Hai Executives
Yu Li Li Director
Ceng Wan Hui Directors, executives
Yu Sheng Fa Directors, executives
Luo Jing Cheng Executives
Yu Xiao You Independent director
Chen Nu Xing Supervisors
Rao Xian Hong Director
Tian Li Song Director

Changsha Jingjia Microelectronics Co (SZSE:300474) Headlines

No Headlines