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Synthesis Electronic Technology Co (SZSE:300479) EBIT : ¥-114.4 Mil (TTM As of Mar. 2024)


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What is Synthesis Electronic Technology Co EBIT?

Synthesis Electronic Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-42.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-114.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Synthesis Electronic Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 was -30.19%. Synthesis Electronic Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -209.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Synthesis Electronic Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -4.22%.


Synthesis Electronic Technology Co EBIT Historical Data

The historical data trend for Synthesis Electronic 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.

Synthesis Electronic Technology Co EBIT Chart

Synthesis Electronic 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 43.34 15.61 -174.89 -117.28 -73.31

Synthesis Electronic 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 -0.98 -22.57 -36.11 -13.65 -42.07

Competitive Comparison of Synthesis Electronic Technology Co's EBIT

For the Business Equipment & Supplies subindustry, Synthesis Electronic 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.


Synthesis Electronic Technology Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Synthesis Electronic Technology Co's EV-to-EBIT distribution charts can be found below:

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



Synthesis Electronic 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 ¥-114.4 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.


Synthesis Electronic Technology Co  (SZSE:300479) EBIT Explanation

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

Synthesis Electronic 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 )
=-173.252 * ( 1 - -0.51% )/( (574.379 + 579.404)/ 2 )
=-174.1355852/576.8915
=-30.19 %

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))
=1332.338 - 347.403 - ( 525.77 - max(0, 752.933 - 1163.489+525.77))
=574.379

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))
=1232.324 - 282.132 - ( 385.184 - max(0, 696.992 - 1067.78+385.184))
=579.404

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

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

Synthesis Electronic 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 )
=-168.292/( ( (80.778 + max(-194.891, 0)) + (79.686 + max(-93.833, 0)) )/ 2 )
=-168.292/( ( 80.778 + 79.686 )/ 2 )
=-168.292/80.232
=-209.76 %

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)
=(202.428 + 252.256 + 32.011) - (347.403 + 0 + 334.183)
=-194.891

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(185.935 + 302.615 + 43.436) - (282.132 + 0 + 343.687)
=-93.833

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-114.404/2711.832
=-4.22 %

* 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.


Synthesis Electronic Technology Co EBIT Related Terms

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Synthesis Electronic Technology Co (SZSE:300479) Business Description

Traded in Other Exchanges
N/A
Address
High-tech Zone, Shunhua Road, No. 699 Spiritual Technology Park, Jinan, CHN, 250101
Synthesis Electronic Technology Co Ltd is engaged in developing, producing, selling and servicing smart Identity authentication terminals and industrial application software. The solutions developed have been put into batch commercial application in banking, public security, communication, social security, and medical care. The company is also into data and cloud computing services.

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