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Shenzhen Longsys Electronics Co (SZSE:301308) EBIT : ¥-125 Mil (TTM As of Mar. 2024)


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What is Shenzhen Longsys Electronics Co EBIT?

Shenzhen Longsys Electronics Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥510 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-125 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen Longsys Electronics Co's annualized ROC % for the quarter that ended in Mar. 2024 was 16.44%. Shenzhen Longsys Electronics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 22.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen Longsys Electronics Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -0.29%.


Shenzhen Longsys Electronics Co EBIT Historical Data

The historical data trend for Shenzhen Longsys Electronics 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.

Shenzhen Longsys Electronics Co EBIT Chart

Shenzhen Longsys Electronics Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 225.65 398.95 1,202.46 75.74 -976.13

Shenzhen Longsys Electronics Co Quarterly Data
Dec18 Dec19 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 -340.44 -379.37 -322.30 65.98 510.32

Competitive Comparison of Shenzhen Longsys Electronics Co's EBIT

For the Computer Hardware subindustry, Shenzhen Longsys Electronics 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.


Shenzhen Longsys Electronics Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Longsys Electronics Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shenzhen Longsys Electronics Co's EV-to-EBIT falls into.



Shenzhen Longsys Electronics 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 ¥-125 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.


Shenzhen Longsys Electronics Co  (SZSE:301308) EBIT Explanation

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

Shenzhen Longsys Electronics 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 )
=2290.712 * ( 1 - 16.03% )/( (10781.905 + 12612.725)/ 2 )
=1923.5108664/11697.315
=16.44 %

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))
=13679.846 - 1678.993 - ( 1218.948 - max(0, 4933.384 - 9065.449+1218.948))
=10781.905

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))
=16100.626 - 2587.655 - ( 900.246 - max(0, 6845.893 - 11419.377+900.246))
=12612.725

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

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

Shenzhen Longsys Electronics 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 )
=2041.288/( ( (2018.708 + max(6060.364, 0)) + (2082.261 + max(7827.541, 0)) )/ 2 )
=2041.288/( ( 8079.072 + 9909.802 )/ 2 )
=2041.288/8994.437
=22.70 %

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)
=(1345.301 + 5893.165 + 568.18) - (1678.993 + 0 + 67.289000000001)
=6060.364

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1738.257 + 7567.685 + 1156.792) - (2587.655 + 0 + 47.538)
=7827.541

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:

Shenzhen Longsys Electronics Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-125.366/43191.314
=-0.29 %

* 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.


Shenzhen Longsys Electronics Co EBIT Related Terms

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Shenzhen Longsys Electronics Co (SZSE:301308) Business Description

Traded in Other Exchanges
N/A
Address
No.8 Kefa Road, A, B, C, D, E, F1, 8th Floor, Building 1, Financial Services Technology Innovation Base, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Shenzhen Longsys Electronics Co Ltd is a technology-based storage product manufacturer dedicated to memory chip architecture and application. The company has five product lines: embedded storage, industrial storage, mobile storage, SSD storage, and memory module. It provides systematic solutions for personal data and industrial software and hardware storage products.
Executives
Cai Hua Bo Directors, executives
Wang Jing Yang Directors, executives
Zhu Yu Directors, executives

Shenzhen Longsys Electronics Co (SZSE:301308) Headlines

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