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Sichuan Injet Electric Co (SZSE:300820) EBIT : ¥534 Mil (TTM As of Mar. 2024)


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What is Sichuan Injet Electric Co EBIT?

Sichuan Injet Electric Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥102 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥534 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sichuan Injet Electric Co's annualized ROC % for the quarter that ended in Mar. 2024 was 11.68%. Sichuan Injet Electric Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 41.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sichuan Injet Electric Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.35%.


Sichuan Injet Electric Co EBIT Historical Data

The historical data trend for Sichuan Injet Electric 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.

Sichuan Injet Electric Co EBIT Chart

Sichuan Injet Electric Co Annual Data
Trend Dec11 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127.80 113.10 181.37 390.91 497.38

Sichuan Injet Electric 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 65.29 122.99 137.97 171.13 102.24

Competitive Comparison of Sichuan Injet Electric Co's EBIT

For the Electrical Equipment & Parts subindustry, Sichuan Injet Electric 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.


Sichuan Injet Electric Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sichuan Injet Electric Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sichuan Injet Electric Co's EV-to-EBIT falls into.



Sichuan Injet Electric 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 ¥534 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.


Sichuan Injet Electric Co  (SZSE:300820) EBIT Explanation

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

Sichuan Injet Electric 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 )
=409.448 * ( 1 - 17.73% )/( (2813.862 + 2954.473)/ 2 )
=336.8528696/2884.1675
=11.68 %

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))
=3894.96 - 334.885 - ( 746.213 - max(0, 1713.373 - 3560.61+746.213))
=2813.862

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))
=4020.958 - 288.28 - ( 778.205 - max(0, 1708.633 - 3676.763+778.205))
=2954.473

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

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

Sichuan Injet Electric 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 )
=408.944/( ( (245.88 + max(720.383, 0)) + (259.782 + max(760.585, 0)) )/ 2 )
=408.944/( ( 966.263 + 1020.367 )/ 2 )
=408.944/993.315
=41.17 %

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)
=(307.992 + 1838.111 + 264.389) - (334.885 + 0 + 1355.224)
=720.383

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(348.121 + 1828.526 + 268.616) - (288.28 + 0 + 1396.398)
=760.585

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:

Sichuan Injet Electric Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=534.331/8420.249
=6.35 %

* 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.


Sichuan Injet Electric Co EBIT Related Terms

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Sichuan Injet Electric Co (SZSE:300820) Business Description

Traded in Other Exchanges
N/A
Address
No.686 West Jinshajiang Road, Sichuan Province, Deyang, CHN, 618000
Sichuan Injet Electric Co Ltd is engaged in production and sales of electronics, microelectronics and power electronics and other control equipments. The company's products include polysilicon CVD reactor power system, polysilicon ingot furnace power supply, single crystal furnace power supply, Sapphire furnace power supply, special power supply, power controller and system, active power filter and other power products and industrial power system solutions.
Executives
Wang Jun Director
Zhang Hai Tao Executives
Chen Jin Jie Executives
Liu Shao De Directors, executives
Zhang Yu Independent director

Sichuan Injet Electric Co (SZSE:300820) Headlines

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