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Tiand Di Science & Technology Co (SHSE:600582) EBIT : ¥3,934 Mil (TTM As of Mar. 2024)


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What is Tiand Di Science & Technology Co EBIT?

Tiand Di Science & Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥1,096 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥3,934 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tiand Di Science & Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 was 15.99%. Tiand Di Science & Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 49.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tiand Di Science & Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 23.63%.


Tiand Di Science & Technology Co EBIT Historical Data

The historical data trend for Tiand Di Science & Technology 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.

Tiand Di Science & Technology Co EBIT Chart

Tiand Di Science & Technology 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 1,605.05 1,944.10 2,353.15 3,085.10 3,817.68

Tiand Di Science & Technology 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 979.32 1,109.50 928.44 800.42 1,095.89

Competitive Comparison of Tiand Di Science & Technology Co's EBIT

For the Farm & Heavy Construction Machinery subindustry, Tiand Di Science & Technology 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.


Tiand Di Science & Technology Co's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tiand Di Science & Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tiand Di Science & Technology Co's EV-to-EBIT falls into.



Tiand Di Science & Technology 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 ¥3,934 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.


Tiand Di Science & Technology Co  (SHSE:600582) EBIT Explanation

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

Tiand Di Science & Technology 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 )
=4090.1 * ( 1 - 15.73% )/( (20262.025 + 22853.874)/ 2 )
=3446.72727/21557.9495
=15.99 %

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))
=53232.495 - 15928.349 - ( 17042.121 - max(0, 21662.636 - 39632.351+17042.121))
=20262.025

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))
=52393.143 - 15438.616 - ( 14100.653 - max(0, 20083.253 - 40208.69+14100.653))
=22853.874

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

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

Tiand Di Science & Technology 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 )
=4383.544/( ( (7570.01 + max(-3385.629, 0)) + (7441.924 + max(2682.054, 0)) )/ 2 )
=4383.544/( ( 7570.01 + 10123.978 )/ 2 )
=4383.544/8846.994
=49.55 %

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)
=(9796.387 + 5192.238 + 2193.55) - (15928.349 + 0 + 4639.455)
=-3385.629

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11899.015 + 6167.581 + 3969.03) - (15438.616 + 0 + 3914.956)
=2682.054

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:

Tiand Di Science & Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=3934.246/16650.961
=23.63 %

* 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.


Tiand Di Science & Technology Co EBIT Related Terms

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Tiand Di Science & Technology Co (SHSE:600582) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Qing Nian Gou Road, He Ping Avenue, Chaoyang District, Beijing, CHN, 100013
Tiand Di Science & Technology Co Ltd is a China-based company. The company's main business includes mine production process automation, mechanization, information equipment development, manufacturing, and system integration; coal washing equipment development and manufacturing and general contracting of the coal preparation plant.
Executives
Min Yong Supervisors
Wang En Peng Supervisors
Wei Yong Gang senior management
Huang Le Ting senior management
Ning Yu Director
Song Jia Xing senior management
Wang Hong Director
Wang Jin Hua Director
Fan Bao Ying Director
Li Yu Kui Supervisors
Xiao Bao Gui senior management
Fan Jian senior management
Yan Shao Hong senior management
Wu De Zheng Director
Tang Bao Guo Supervisors

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