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Guangdong Create Century Intelligent Equipment Group (SZSE:300083) EBIT : ¥150 Mil (TTM As of Mar. 2024)


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What is Guangdong Create Century Intelligent Equipment Group EBIT?

Guangdong Create Century Intelligent Equipment Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥89 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥150 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guangdong Create Century Intelligent Equipment Group's annualized ROC % for the quarter that ended in Mar. 2024 was 6.11%. Guangdong Create Century Intelligent Equipment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 16.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guangdong Create Century Intelligent Equipment Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.30%.


Guangdong Create Century Intelligent Equipment Group EBIT Historical Data

The historical data trend for Guangdong Create Century Intelligent Equipment Group'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.

Guangdong Create Century Intelligent Equipment Group EBIT Chart

Guangdong Create Century Intelligent Equipment Group 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 164.24 -517.05 778.62 543.73 226.78

Guangdong Create Century Intelligent Equipment Group 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 166.18 97.43 -29.55 -7.29 89.09

Competitive Comparison of Guangdong Create Century Intelligent Equipment Group's EBIT

For the Specialty Industrial Machinery subindustry, Guangdong Create Century Intelligent Equipment Group'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.


Guangdong Create Century Intelligent Equipment Group's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong Create Century Intelligent Equipment Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Guangdong Create Century Intelligent Equipment Group's EV-to-EBIT falls into.



Guangdong Create Century Intelligent Equipment Group 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 ¥150 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.


Guangdong Create Century Intelligent Equipment Group  (SZSE:300083) EBIT Explanation

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

Guangdong Create Century Intelligent Equipment Group'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 )
=443.316 * ( 1 - 17.73% )/( (5719.842 + 6211.685)/ 2 )
=364.7160732/5965.7635
=6.11 %

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))
=8439.21 - 1993.583 - ( 725.785 - max(0, 2678.845 - 4301.885+725.785))
=5719.842

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))
=9444.022 - 2077.745 - ( 1154.592 - max(0, 3501.176 - 5202.076+1154.592))
=6211.685

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

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

Guangdong Create Century Intelligent Equipment Group'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 )
=356.348/( ( (1264.247 + max(816.677, 0)) + (1309.927 + max(1045.585, 0)) )/ 2 )
=356.348/( ( 2080.924 + 2355.512 )/ 2 )
=356.348/2218.218
=16.06 %

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)
=(1515.279 + 1295.15 + 233.99) - (1993.583 + 0 + 234.159)
=816.677

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1724.516 + 1463.48 + 283.77) - (2077.745 + 0 + 348.436)
=1045.585

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:

Guangdong Create Century Intelligent Equipment Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=149.686/11474.006
=1.30 %

* 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.


Guangdong Create Century Intelligent Equipment Group EBIT Related Terms

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Guangdong Create Century Intelligent Equipment Group (SZSE:300083) Business Description

Traded in Other Exchanges
N/A
Address
Weifeng Road, Jinsheng Intelligent Manufacturing Industrial Park, Administrative Office Building, Dongcheng District, Guangdong Province, Dongguan, CHN, 523007
Guangdong Create Century Intelligent Equipment Corp Ltd is engaged in research and development, production, sales and service of high-end intelligent equipment, with a complete range of CNC machine tools, including drilling and tapping machines, vertical machining centers, horizontal machining centers, gantry machining centers, CNC lathes, engraving and milling machines, and glass Series of precision processing equipment such as precision engraving machines, high-light machines, laser cutting machines. It is widely used in the processing of core components in the 5G industry chain, 3C consumer electronics, machinery manufacturing, medical equipment, new energy vehicles, auto parts, construction machinery and other fields.
Executives
Xia Jun Director
Wang Jian Director
Wang Qiong Supervisors
Zhou Qi Chao Directors, executives
Wang En Pei Supervisors
He Hai Jiang Director
Zhou Hong Min Directors, executives
Wang Jiu Quan Director
Fang Rong Shui Executives
Qian Cheng Executives
Yao Zhong Sheng Independent director

Guangdong Create Century Intelligent Equipment Group (SZSE:300083) Headlines

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