Shenzhen FRD Science & Techonology Co (SZSE:300602) EBIT : ¥194 Mil (TTM As of Mar. 2024)

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What is Shenzhen FRD Science & Techonology Co EBIT?

Shenzhen FRD Science & Techonology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥34 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥194 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen FRD Science & Techonology Co's annualized ROC % for the quarter that ended in Mar. 2024 was 1.51%. Shenzhen FRD Science & Techonology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen FRD Science & Techonology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.26%.

Shenzhen FRD Science & Techonology Co EBIT Historical Data

The historical data trend for Shenzhen FRD Science & Techonology 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 FRD Science & Techonology Co EBIT Chart

Shenzhen FRD Science & Techonology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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420.96

243.28

13.78

102.69

146.22

Shenzhen FRD Science & Techonology 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															-12.88	33.60	63.34	62.16	34.41

Competitive Comparison of Shenzhen FRD Science & Techonology Co's EBIT

For the Electronic Components subindustry, Shenzhen FRD Science & Techonology 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 FRD Science & Techonology Co's EV-to-EBIT Distribution in the Hardware Industry

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

* The bar in red indicates where Shenzhen FRD Science & Techonology Co's EV-to-EBIT falls into.

Shenzhen FRD Science & Techonology 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 ¥194 Mil.

Shenzhen FRD Science & Techonology Co (SZSE:300602) EBIT Explanation

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

Shenzhen FRD Science & Techonology 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 )
=	94.3 * ( 1 - 28.99% )	/	( (4365.254	+	4477.062)	/ 2 )
=	66.96243	/	4421.158
=	1.51 %

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	))
=	7382.564	-	1763.301	-	( 1254.009	-	max(0, 2758.679	-	4229.709	+	1254.009	))
=	4365.254

	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	))
=	7111.959	-	1626.753	-	( 1008.144	-	max(0, 2507.338	-	3993.934	+	1008.144	))
=	4477.062

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 FRD Science & Techonology 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 )
=	137.644	/	( ( (2170.667 + max(704.694, 0))	+	(2157.869 + max(636.875, 0)) )	/	2 )
=	137.644	/	( ( 2875.361	+	2794.744 )	/	2 )
=	137.644	/	2835.0525
=	4.86 %

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)
=	(1753.691	+	808.577	+	22.962)	-	(1763.301	+	0	+	117.235)
=	704.694

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1471.843	+	874.627	+	40.997)	-	(1626.753	+	0	+	123.839)
=	636.875

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 FRD Science & Techonology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	193.511	/	8580.807
	=	2.26 %

Shenzhen FRD Science & Techonology Co EBIT Related Terms

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Shenzhen FRD Science & Techonology Co (SZSE:300602) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen FRD Science & Techonology Co Ltd (SZSE:300602) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Gaofa Industrial Park, Maotoushan, FRD Building, Beihuan Boulevard, 1st to 6th Floor, Nanshan District, Guangdong Province, Shenzhen, CHN, 518055

Website

http://www.frd.cn

Shenzhen FRD Science & Techonology Co Ltd is a China based company engaged in manufacturing of EMI shielding materials, Thermal interface materials and other related electronic materials. The company has a business presence in China, and other countries. EMI shielding materials include metal shielding products, electrically conductive elastomer, fabric over foam and conductive, electrically conductive plastics, and microwave absorber. Thermal materials comprise graphite film, thermal interface material, and thermally conductive plastics. The other supporting materials offered by the entity are PUR hot melt adhesive, and graphics overlay and labels.

Executives

Ma Fei	Director
Du Jin Song	Directors, executives
Zhang Quan Hong	Executives
Xie Huo Gui	Supervisors
Liu Yi	Executives
Wang Yan	Directors, executives
Ma Jun	Directors, executives
Lan Yu Hong	Executives
Qiu Huan Wen	Directors, executives
Shi Wei Min	Executives
Lai Xiang Dong	Independent director

Shenzhen FRD Science & Techonology Co (SZSE:300602) Headlines

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