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Neusoft (SHSE:600718) EBIT : ¥120 Mil (TTM As of Mar. 2024)


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What is Neusoft EBIT?

Neusoft's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥22 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥120 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Neusoft's annualized ROC % for the quarter that ended in Mar. 2024 was 0.35%. Neusoft's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Neusoft's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.46%.


Neusoft EBIT Historical Data

The historical data trend for Neusoft'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.

Neusoft EBIT Chart

Neusoft 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 -33.73 94.45 1,208.42 -296.96 120.39

Neusoft 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 22.11 109.25 52.01 -62.98 22.21

Competitive Comparison of Neusoft's EBIT

For the Software - Application subindustry, Neusoft'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.


Neusoft's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Neusoft's EV-to-EBIT distribution charts can be found below:

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



Neusoft 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 ¥120 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.


Neusoft  (SHSE:600718) EBIT Explanation

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

Neusoft'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 )
=360.86 * ( 1 - 86.7% )/( (13676.965 + 13598.086)/ 2 )
=47.99438/13637.5255
=0.35 %

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))
=18991.167 - 2443.495 - ( 3553.985 - max(0, 8292.927 - 11163.634+3553.985))
=13676.965

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))
=18490.196 - 2156.931 - ( 2755.937 - max(0, 7928.86 - 10664.039+2755.937))
=13598.086

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

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

Neusoft'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 )
=88.852/( ( (1812.304 + max(-521.724, 0)) + (1874.542 + max(252.075, 0)) )/ 2 )
=88.852/( ( 1812.304 + 2126.617 )/ 2 )
=88.852/1969.4605
=4.51 %

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)
=(1544.323 + 4946.528 + 210.705) - (2443.495 + 0 + 4779.785)
=-521.724

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1282.843 + 5518.579 + 312.021) - (2156.931 + 0 + 4704.437)
=252.075

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=120.493/8275.787
=1.46 %

* 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.


Neusoft EBIT Related Terms

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Neusoft (SHSE:600718) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Xinxiu Street, Dongda Software Park, Hunnan New District, Shenyang, Liaoning, CHN, 110179
Neusoft Corp provides information technology solutions and services. The company focuses on software technology and provides industry solutions and product engineering solutions, related software products and platforms, and services. It serves the following industries - telecom, energy, finance, government, manufacturing, trade logistics, healthcare, education, transportation, mobile internet, media, and environmental protection. Neusoft offers services like - application development and maintenance, ERP implementation and consulting, testing, performance engineering, software localization and globalization, IT infrastructure, BPO, IT education and training.
Executives
Gai Long Jia senior management
Wang Jing Xi senior management
Zhang Xiao Ou senior management
Wang Yong Feng Directors, senior managers
Chen Xi Min Directors, senior managers
Wang Nan senior management
Xu Hong Li senior management
Li Jun senior management
Liu Ji Ren Director
Diao Ai Li Supervisors
Yang Wei Supervisors
Lu Chao Xia senior management
Zhang Xia senior management
Jian Guo Dong senior management
Ge Sheng Liu Supervisors

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