GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » EZGO Technologies Ltd (NAS:EZGO) » Definitions » EBIT

EZGO Technologies (EZGO Technologies) EBIT : $-4.79 Mil (TTM As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is EZGO Technologies EBIT?

EZGO Technologies's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was $-2.31 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-4.79 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EZGO Technologies's annualized ROC % for the quarter that ended in Sep. 2023 was -8.26%. EZGO Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -22.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EZGO Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 67.11%.


EZGO Technologies EBIT Historical Data

The historical data trend for EZGO 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.

EZGO Technologies EBIT Chart

EZGO Technologies Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial 0.78 0.47 -3.88 -6.46 -4.79

EZGO Technologies Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -3.46 -2.40 -4.06 -2.49 -2.31

Competitive Comparison of EZGO Technologies's EBIT

For the Recreational Vehicles subindustry, EZGO 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.


EZGO Technologies's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, EZGO Technologies's EV-to-EBIT distribution charts can be found below:

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



EZGO 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-4.79 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.


EZGO Technologies  (NAS:EZGO) EBIT Explanation

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

EZGO Technologies's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-4.61 * ( 1 - 0.92% )/( (54.221 + 56.376)/ 2 )
=-4.567588/55.2985
=-8.26 %

where

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

EZGO Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.61/( ( (1.594 + max(16.435, 0)) + (3.887 + max(18.339, 0)) )/ 2 )
=-4.61/( ( 18.029 + 22.226 )/ 2 )
=-4.61/20.1275
=-22.90 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.987 + 4.174 + 19.733) - (10.722 + 2.007 + 0.73)
=16.435

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.034 + 0.829 + 22.803) - (7.594 + 1.039 + 0.694)
=18.339

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-4.792/-7.141
=67.11 %

* 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.


EZGO Technologies EBIT Related Terms

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


EZGO Technologies (EZGO Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Changzhou Institute of Dalian University of Technology, Building No. A, Floor 2, Science and Education Town, Wujin District, Jiangsu, Changzhou, CHN, 213164
EZGO Technologies Ltd is engaged in the sale of e-bicycles and battery and e-bicycle rentals, complemented by the sale of battery packs, battery cell trading and charging pile business. Its product categories include e-bicycle, e-motorcycle and e-moped and urban style e-tricycle. Its segments include the Battery cells and packs and the E-bicycle sales segment. The company generates maximum revenue from the E-bicycle segment.