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Shenzhen Txd Technology Co (SZSE:002845) EBIT : ¥113 Mil (TTM As of Mar. 2024)


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What is Shenzhen Txd Technology Co EBIT?

Shenzhen Txd Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥23 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥113 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen Txd Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 was 2.18%. Shenzhen Txd Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen Txd Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.72%.


Shenzhen Txd Technology Co EBIT Historical Data

The historical data trend for Shenzhen Txd 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.

Shenzhen Txd Technology Co EBIT Chart

Shenzhen Txd 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 198.26 438.54 514.46 -55.28 24.45

Shenzhen Txd 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 -65.77 24.60 19.53 46.09 22.85

Competitive Comparison of Shenzhen Txd Technology Co's EBIT

For the Electronic Components subindustry, Shenzhen Txd 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.


Shenzhen Txd Technology Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Txd Technology Co's EV-to-EBIT distribution charts can be found below:

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



Shenzhen Txd 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 ¥113 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.


Shenzhen Txd Technology Co  (SZSE:002845) EBIT Explanation

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

Shenzhen Txd 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 )
=83.356 * ( 1 - 8.31% )/( (3651.545 + 3365.64)/ 2 )
=76.4291164/3508.5925
=2.18 %

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))
=8330.362 - 4214.457 - ( 900.301 - max(0, 5043.92 - 5508.28+900.301))
=3651.545

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))
=8074.176 - 4200.962 - ( 842.904 - max(0, 4763.348 - 5270.922+842.904))
=3365.64

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

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

Shenzhen Txd 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 )
=91.408/( ( (2007.58 + max(344.167, 0)) + (2021.174 + max(62.508999999999, 0)) )/ 2 )
=91.408/( ( 2351.747 + 2083.683 )/ 2 )
=91.408/2217.715
=4.12 %

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)
=(3014.325 + 1336.515 + 220.844) - (4214.457 + 0 + 13.059999999999)
=344.167

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2627.877 + 1302.433 + 358.793) - (4200.962 + 0 + 25.632)
=62.508999999999

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=113.073/4159.584
=2.72 %

* 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.


Shenzhen Txd Technology Co EBIT Related Terms

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Shenzhen Txd Technology Co (SZSE:002845) Business Description

Traded in Other Exchanges
N/A
Address
No.2 of Zhijie Building, Guanguang Road, Room 13-16 Floor, Longhua District, Shenzhen, CHN, 518109
Shenzhen Txd Technology Co Ltd is an electronic manufacturing company. It designs, produces and sells TFT liquid crystal displays (LCD) module, touch display integrated module (On-cell, In-cell), AMOLED, comprehensive screen and other products. The products offered by the company have application in mobile phones, tablets, digital cameras, Medical equipment display, instrumentation, vehicle display and other fields. Its products are sold in China and other countries.
Executives
Long Xiao Yan Directors, executives
Zhang Zhi Gang Supervisors
Zhu Yan Independent director
Wan Feng Directors, executives
Chen Xiao Jun Supervisors

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