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Planet Image International (Planet Image International) EBIT : $9.2 Mil (TTM As of Dec. 2023)


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What is Planet Image International EBIT?

Planet Image International's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $4.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $9.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Planet Image International's annualized ROC % for the quarter that ended in Dec. 2023 was 9.85%. Planet Image International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 22.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Planet Image International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.80%.


Planet Image International EBIT Historical Data

The historical data trend for Planet Image International'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.

Planet Image International EBIT Chart

Planet Image International Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
12.31 5.70 6.11 8.58 9.15

Planet Image International Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only -1.51 4.21 4.37 4.87 4.28

Competitive Comparison of Planet Image International's EBIT

For the Computer Hardware subindustry, Planet Image International'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.


Planet Image International's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Planet Image International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Planet Image International's EV-to-EBIT falls into.



Planet Image International 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $9.2 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.


Planet Image International  (NAS:YIBO) EBIT Explanation

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

Planet Image International's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=6.182 * ( 1 - 16.5% )/( (49.17 + 55.619)/ 2 )
=5.16197/52.3945
=9.85 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Planet Image International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8.564/( ( (8.985 + max(27.507, 0)) + (10.383 + max(28.352, 0)) )/ 2 )
=8.564/( ( 36.492 + 38.735 )/ 2 )
=8.564/37.6135
=22.77 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.129 + 13.29 + 21.374) - (32.121 + 0.528 + 5.637)
=27.507

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.302 + 17.451 + 21.21) - (38.428 + 0.484 + 2.699)
=28.352

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Planet Image International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=9.154/104.078
=8.80 %

* 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.


Planet Image International EBIT Related Terms

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Planet Image International (Planet Image International) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 756 Guangfu Road, Hi-tech Development Zone, Jiangxi Province, Xinyu, CHN
Planet Image International Ltd is engaged in manufacturing and selling compatible toner cartridges. It develops and manufactures toner cartridges that are compatible with, and can be used in, a wide range of commonly available models of laser printers from different manufacturers, or compatible toner cartridges, on a white-label or third-party brand basis or under its self-owned brands. The company also sells its branded products through online sales channels under three brands, TrueImage, CoolToner, and AZtech.

Planet Image International (Planet Image International) Headlines