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Putian Communication Group (HKSE:01720) EBIT : HK$30.4 Mil (TTM As of Dec. 2023)


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What is Putian Communication Group EBIT?

Putian Communication Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$13.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$30.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Putian Communication Group's annualized ROC % for the quarter that ended in Dec. 2023 was 3.12%. Putian Communication Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Putian Communication Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.53%.


Putian Communication Group EBIT Historical Data

The historical data trend for Putian Communication Group'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.

Putian Communication Group EBIT Chart

Putian Communication Group 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 101.94 51.19 71.87 60.18 30.36

Putian Communication Group Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 43.78 12.97 47.83 17.25 13.11

Competitive Comparison of Putian Communication Group's EBIT

For the Communication Equipment subindustry, Putian Communication Group'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.


Putian Communication Group's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Putian Communication Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Putian Communication Group's EV-to-EBIT falls into.



Putian Communication Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$30.4 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.


Putian Communication Group  (HKSE:01720) EBIT Explanation

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

Putian Communication Group's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=21.182 * ( 1 - -57.19% )/( (1080.778 + 1052.443)/ 2 )
=33.2959858/1066.6105
=3.12 %

where

Invested Capital(Q: Jun. 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))
=1327.391 - 208.269 - ( 38.344 - max(0, 564.513 - 785.82+38.344))
=1080.778

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))
=1274.517 - 192.235 - ( 29.839 - max(0, 513.024 - 781.318+29.839))
=1052.443

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

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

Putian Communication Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=26.222/( ( (523.167 + max(451.108, 0)) + (474.499 + max(491.59, 0)) )/ 2 )
=26.222/( ( 974.275 + 966.089 )/ 2 )
=26.222/970.182
=2.70 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(393.321 + 97.486 + 248.451) - (208.269 + 0 + 79.881)
=451.108

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(478.39 + 66.521 + 187.457) - (192.235 + 0 + 48.543)
=491.59

When net working capital is negative, 0 is used.

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

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

Putian Communication Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=30.36/403.058
=7.53 %

* 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.


Putian Communication Group EBIT Related Terms

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Putian Communication Group (HKSE:01720) Business Description

Traded in Other Exchanges
N/A
Address
No. 8899 ChangDong Avenue, Hi-tech Development Zone, Jiangxi Province, Nanchang, CHN
Putian Communication Group Ltd, along with its subsidiaries, is a communication cable manufacturer and structured cabling system product provider. The company's products include optical Fiber, Optical cable, digital communication cables, security cables, panels, jumpers, cabinet chassis, and others. The operating segments of the group are Optical fibers and Optical fiber cables, Communication copper cables, and Structured cabling system products. It generates maximum revenue from the Communication copper cables segment. The group's revenue is derived from the PRC.
Executives
Arcenciel Capital Co., Ltd 2101 Beneficial owner
Wang Qiuping 2201 Interest of corporation controlled by you
Point Stone Capital Co., Ltd. 2101 Beneficial owner
Zhao Xiaobao 2201 Interest of corporation controlled by you
Zhong Hang Zi Ben Guo Ji Kong Gu You Xian Gong Si 2106 Person having a security interest in shares
Zhong Hang Zi Ben Kong Gu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

Putian Communication Group (HKSE:01720) Headlines

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