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Jilin Asia Link Technology Development Co (SZSE:002316) EBIT : ¥-6.2 Mil (TTM As of Mar. 2024)


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What is Jilin Asia Link Technology Development Co EBIT?

Jilin Asia Link Technology Development Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥6.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-6.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jilin Asia Link Technology Development Co's annualized ROC % for the quarter that ended in Mar. 2024 was 5.70%. Jilin Asia Link Technology Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 77.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jilin Asia Link Technology Development Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -0.46%.


Jilin Asia Link Technology Development Co EBIT Historical Data

The historical data trend for Jilin Asia Link Technology Development 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.

Jilin Asia Link Technology Development Co EBIT Chart

Jilin Asia Link Technology Development 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 51.98 -508.79 -250.78 -10.12 -15.65

Jilin Asia Link Technology Development 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 -3.08 -4.35 5.74 -13.97 6.40

Competitive Comparison of Jilin Asia Link Technology Development Co's EBIT

For the Communication Equipment subindustry, Jilin Asia Link Technology Development 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.


Jilin Asia Link Technology Development Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jilin Asia Link Technology Development Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jilin Asia Link Technology Development Co's EV-to-EBIT falls into.



Jilin Asia Link Technology Development 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 ¥-6.2 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.


Jilin Asia Link Technology Development Co  (SZSE:002316) EBIT Explanation

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

Jilin Asia Link Technology Development 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 )
=16.22 * ( 1 - 32% )/( (196.475 + 190.585)/ 2 )
=11.0296/193.53
=5.70 %

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))
=780.618 - 630.213 - ( 129.937 - max(0, 694.952 - 648.882+129.937))
=196.475

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))
=734.32 - 584.947 - ( 133.568 - max(0, 646.041 - 604.829+133.568))
=190.585

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

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

Jilin Asia Link Technology Development 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 )
=25.588/( ( (33.683 + max(-218.603, 0)) + (32.47 + max(-215.157, 0)) )/ 2 )
=25.588/( ( 33.683 + 32.47 )/ 2 )
=25.588/33.0765
=77.36 %

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)
=(260.844 + 166.397 + 42.32) - (630.213 + 0 + 57.951)
=-218.603

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(206.916 + 174.069 + 43.061) - (584.947 + 0 + 54.256)
=-215.157

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:

Jilin Asia Link Technology Development Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-6.177/1333.001
=-0.46 %

* 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.


Jilin Asia Link Technology Development Co EBIT Related Terms

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Jilin Asia Link Technology Development Co (SZSE:002316) Business Description

Traded in Other Exchanges
N/A
Address
Room 1205, Chuangye Building, High-tech Industrial Development Zone, Jilin Province, Liaoyuan, CHN, 518057
Jilin Asia Link Technology Development Co Ltd is primarily involved in the financial technology business and private network communication technology solution business. The financial technology business segment is mainly engaged in third-party payment services, big data service business and financial business. The private network communication technology solution business mainly serves the energy and transportation industries, including the research and development, manufacturing and related technical services of related software and hardware products. Geographically, the activities are carried out through China.
Executives
Huang Xi Sheng Director
Liu Hui Director
Li Lin Executives
Zhang Zhen Xin Director
Yin Jian Feng Director
Yang Jian Ping Executives
Ye Qiong Directors, executives
Yuan Xun Ming Supervisors
Cheng Qi Bei Executives
Wang Jian Supervisors
Meng Ling Zhang Directors, executives
Xia Ming Rong Directors, executives
Zhuang Yan Zheng Supervisors

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