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Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) EBIT : ¥-597 Mil (TTM As of Mar. 2024)


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What is Guangzhou Hi-Target Navigation Tech Co EBIT?

Guangzhou Hi-Target Navigation Tech Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-597 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guangzhou Hi-Target Navigation Tech Co's annualized ROC % for the quarter that ended in Mar. 2024 was -9.95%. Guangzhou Hi-Target Navigation Tech Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -21.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guangzhou Hi-Target Navigation Tech Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -12.51%.


Guangzhou Hi-Target Navigation Tech Co EBIT Historical Data

The historical data trend for Guangzhou Hi-Target Navigation Tech 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.

Guangzhou Hi-Target Navigation Tech Co EBIT Chart

Guangzhou Hi-Target Navigation Tech 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 -126.53 174.33 91.57 -95.32 -593.57

Guangzhou Hi-Target Navigation Tech 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 -40.54 29.49 -20.93 -561.59 -44.36

Competitive Comparison of Guangzhou Hi-Target Navigation Tech Co's EBIT

For the Scientific & Technical Instruments subindustry, Guangzhou Hi-Target Navigation Tech 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.


Guangzhou Hi-Target Navigation Tech Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangzhou Hi-Target Navigation Tech Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Guangzhou Hi-Target Navigation Tech Co's EV-to-EBIT falls into.



Guangzhou Hi-Target Navigation Tech 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 ¥-597 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.


Guangzhou Hi-Target Navigation Tech Co  (SZSE:300177) EBIT Explanation

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

Guangzhou Hi-Target Navigation Tech 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 )
=-203.416 * ( 1 - 6.07% )/( (1854.794 + 1987.598)/ 2 )
=-191.0686488/1921.196
=-9.95 %

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))
=3282.375 - 888.245 - ( 539.336 - max(0, 1590.268 - 2296.631+539.336))
=1854.794

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))
=3103.055 - 696.194 - ( 419.263 - max(0, 1459.637 - 2118.429+419.263))
=1987.598

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

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

Guangzhou Hi-Target Navigation Tech 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 )
=-177.428/( ( (335.248 + max(400.283, 0)) + (335.89 + max(542.806, 0)) )/ 2 )
=-177.428/( ( 735.531 + 878.696 )/ 2 )
=-177.428/807.1135
=-21.98 %

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)
=(1051.959 + 395.332 + 59.789) - (888.245 + 0 + 218.552)
=400.283

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(954.186 + 441.262 + 72.061) - (696.194 + 0 + 228.509)
=542.806

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:

Guangzhou Hi-Target Navigation Tech Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-597.381/4774.572
=-12.51 %

* 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.


Guangzhou Hi-Target Navigation Tech Co EBIT Related Terms

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Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) Business Description

Traded in Other Exchanges
N/A
Address
Number 555, North of Panyu Road, Building 13, Tian'An Technology Zone, Panyu District, Guangzhou, CHN, 511400
Guangzhou Hi-Target Navigation Tech Co Ltd is engaged in providing professional high-precision geographic instrument solutions. It offers GPS/GNSS, total stations, GIS mapping products, hydrographic surveying products, UAVs, 3D laser system instruments and BDS high-precision application products, precision agriculture products, precision machine controls and indoor localization solutions.
Executives
Liao Wen Director
Liao Ding Hai Directors, executives
Li Hong Jiang Directors, executives
Huang Hong Ju Directors, executives
Hu Wei Executives
Ou Yang Ye Heng Secretary, Director
Yang Xiao Juan Executives
Chen Xiu Lan Supervisors
Chen Ying Supervisors
Chen Jin Hong Securities Affairs Representative
Zhang Jin Qun Securities Affairs Representative
Xu Feng Directors, executives
Li Zhong Qiu Director
Xu Jia Director

Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) Headlines

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