GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Xinhuanet Co Ltd (SHSE:603888) » Definitions » EBIT

Xinhuanet Co (SHSE:603888) EBIT : ¥194 Mil (TTM As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Xinhuanet Co EBIT?

Xinhuanet Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥31 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥194 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xinhuanet Co's annualized ROC % for the quarter that ended in Mar. 2024 was 5.56%. Xinhuanet Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 26.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xinhuanet Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.37%.


Xinhuanet Co EBIT Historical Data

The historical data trend for Xinhuanet 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.

Xinhuanet Co EBIT Chart

Xinhuanet 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 227.58 195.19 157.99 252.27 185.22

Xinhuanet 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 22.19 75.77 33.95 53.32 31.37

Competitive Comparison of Xinhuanet Co's EBIT

For the Internet Content & Information subindustry, Xinhuanet 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.


Xinhuanet Co's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Xinhuanet Co's EV-to-EBIT distribution charts can be found below:

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



Xinhuanet 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 ¥194 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.


Xinhuanet Co  (SHSE:603888) EBIT Explanation

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

Xinhuanet 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 )
=125.476 * ( 1 - 28.25% )/( (1683.562 + 1554.591)/ 2 )
=90.02903/1619.0765
=5.56 %

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))
=5189.709 - 747.208 - ( 3387.79 - max(0, 1274.263 - 4033.202+3387.79))
=1683.562

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))
=4918.6 - 548.618 - ( 3179.594 - max(0, 999.875 - 3815.266+3179.594))
=1554.591

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

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

Xinhuanet 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 )
=125.476/( ( (482.213 + max(-616.886, 0)) + (458.245 + max(-359.941, 0)) )/ 2 )
=125.476/( ( 482.213 + 458.245 )/ 2 )
=125.476/470.229
=26.68 %

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)
=(386.359 + 9.328 + 217.741) - (747.208 + 0 + 483.106)
=-616.886

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(367.598 + 3.434 + 238.533) - (548.618 + 0 + 420.888)
=-359.941

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=194.403/8193.666
=2.37 %

* 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.


Xinhuanet Co EBIT Related Terms

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


Xinhuanet Co (SHSE:603888) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Beixing Road (East Section), 101, 1-5, Building 12, Daxing District, Beijing, CHN, 100162
Xinhuanet Co Ltd operates in the internet content and information industry. It owns and manages a news information service portals in China. Its business activities are divided into the following: online advertising, information services, website construction, technical services and mobile internet. Its online advertising business provides full-screen shrink, rear projection, streaming media and other forms of advertising. Its information services include multimedia information services and big data intelligent analysis services. The website construction and technical service business engage in website construction, content management and operation. The mobile internet business provides mobile internet content information services through text, images, voice, video and other forms.

Xinhuanet Co (SHSE:603888) Headlines

No Headlines