{"id":15382,"date":"2023-05-29T17:29:11","date_gmt":"2023-05-29T10:29:11","guid":{"rendered":"http:\/\/infina.vn\/blog\/?p=15382"},"modified":"2023-06-12T13:44:12","modified_gmt":"2023-06-12T06:44:12","slug":"ebit-la-gi","status":"publish","type":"post","link":"https:\/\/infina.vn\/blog\/ebit-la-gi\/","title":{"rendered":"EBIT l\u00e0 g\u00ec v\u00e0 \u1ee9ng d\u1ee5ng nh\u01b0 th\u1ebf n\u00e0o trong \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n?"},"content":{"rendered":"\n\n<div class=\"kk-star-ratings kksr-auto kksr-align-right kksr-valign-top\"\n    data-payload='{&quot;align&quot;:&quot;right&quot;,&quot;id&quot;:&quot;15382&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;top&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;2&quot;,&quot;legendonly&quot;:&quot;&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;5&quot;,&quot;starsonly&quot;:&quot;&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;2&quot;,&quot;greet&quot;:&quot;\u0110\u00e1nh gi\u00e1 t\u1ea1i \u0111\u00e2y&quot;,&quot;legend&quot;:&quot;5\\\/5 - (2 votes)&quot;,&quot;size&quot;:&quot;24&quot;,&quot;title&quot;:&quot;EBIT l\u00e0 g\u00ec v\u00e0 \u1ee9ng d\u1ee5ng nh\u01b0 th\u1ebf n\u00e0o trong \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n?&quot;,&quot;width&quot;:&quot;129&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}'>\n            \n<div class=\"kksr-stars\">\n    \n<div class=\"kksr-stars-inactive\">\n            <div class=\"kksr-star\" data-star=\"1\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"2\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"3\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"4\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"5\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n    \n<div class=\"kksr-stars-active\" style=\"width: 129px;\">\n            <div class=\"kksr-star\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 2px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n                \n\n<div class=\"kksr-legend\" style=\"font-size: 19.2px;\">\n            5\/5 - (2 votes)    <\/div>\n    <\/div>\n<p><span style=\"font-weight: 400;\">\u0110\u1ed1i v\u1edbi ch\u1ee7 doanh nghi\u1ec7p v\u00e0 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0, vi\u1ec7c n\u1eafm r\u00f5 c\u00e1c ch\u1ec9 s\u1ed1 b\u00e1o c\u00e1o t\u00e0i ch\u00ednh l\u00e0 \u0111i\u1ec1u c\u1ea7n thi\u1ebft v\u00e0 quan tr\u1ecdng \u0111\u1ec3 qu\u1ea3n l\u00fd l\u1eabn \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 s\u00e1ng su\u1ed1t. EBIT ch\u00ednh l\u00e0 m\u1ed9t trong nh\u1eefng ch\u1ec9 s\u1ed1 t\u00e0i ch\u00ednh c\u1ea7n \u0111\u1eb7c bi\u1ec7t ch\u00fa t\u00e2m \u0111\u1ebfn. V\u1eady EBIT l\u00e0 g\u00ec? C\u00f3 \u00fd ngh\u0129a v\u00e0 \u0111\u01b0\u1ee3c \u1ee9ng d\u1ee5ng nh\u01b0 th\u1ebf n\u00e0o trong \u0111\u1ea7u t\u01b0? H\u00e3y c\u00f9ng <a href=\"https:\/\/www.infina.vn\/\">Infina<\/a> t\u00ecm hi\u1ec3u qua b\u00e0i vi\u1ebft sau nh\u00e9!<\/span><\/p>\n<p>Xem th\u00eam: <a href=\"https:\/\/infina.vn\/blog\/dau-tu-chung-khoan-dai-han\/\">Kinh nghi\u1ec7m \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n d\u00e0i h\u1ea1n th\u1ef1c chi\u1ebfn \u0111\u1ea1t 10\/10<\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 ez-toc-wrap-center counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">N\u1ed9i dung ch\u00ednh<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/infina.vn\/blog\/ebit-la-gi\/#EBIT_la_gi\" title=\"EBIT l\u00e0 g\u00ec?\">EBIT l\u00e0 g\u00ec?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/infina.vn\/blog\/ebit-la-gi\/#Y_nghia\" title=\"\u00dd ngh\u0129a\">\u00dd ngh\u0129a<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/infina.vn\/blog\/ebit-la-gi\/#Cong_thuc_tinh_EBIT_la_gi\" title=\"C\u00f4ng th\u1ee9c t\u00ednh EBIT l\u00e0 g\u00ec?\">C\u00f4ng th\u1ee9c t\u00ednh EBIT l\u00e0 g\u00ec?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/infina.vn\/blog\/ebit-la-gi\/#Nhung_loi_ich_va_han_che_cua_viec_su_dung_EBIT\" title=\"Nh\u1eefng l\u1ee3i \u00edch v\u00e0 h\u1ea1n ch\u1ebf c\u1ee7a vi\u1ec7c s\u1eed d\u1ee5ng EBIT\">Nh\u1eefng l\u1ee3i \u00edch v\u00e0 h\u1ea1n ch\u1ebf c\u1ee7a vi\u1ec7c s\u1eed d\u1ee5ng EBIT<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/infina.vn\/blog\/ebit-la-gi\/#Loi_ich_cua_EBIT_la_gi\" title=\"L\u1ee3i \u00edch c\u1ee7a EBIT l\u00e0 g\u00ec?\">L\u1ee3i \u00edch c\u1ee7a EBIT l\u00e0 g\u00ec?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/infina.vn\/blog\/ebit-la-gi\/#Han_che\" title=\"H\u1ea1n ch\u1ebf\">H\u1ea1n ch\u1ebf<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/infina.vn\/blog\/ebit-la-gi\/#Phan_biet_EBIT_va_EBITDA\" title=\"Ph\u00e2n bi\u1ec7t EBIT v\u00e0 EBITDA\">Ph\u00e2n bi\u1ec7t EBIT v\u00e0 EBITDA<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/infina.vn\/blog\/ebit-la-gi\/#EBIT_va_EBITDA_trong_dau_tu\" title=\"EBIT v\u00e0 EBITDA trong \u0111\u1ea7u t\u01b0\">EBIT v\u00e0 EBITDA trong \u0111\u1ea7u t\u01b0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/infina.vn\/blog\/ebit-la-gi\/#Moi_quan_he_giua_EPS_va_EBIT_la_gi\" title=\"M\u1ed1i quan h\u1ec7 gi\u1eefa EPS v\u00e0 EBIT l\u00e0 g\u00ec?\">M\u1ed1i quan h\u1ec7 gi\u1eefa EPS v\u00e0 EBIT l\u00e0 g\u00ec?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/infina.vn\/blog\/ebit-la-gi\/#Ung_dung_chi_so_EBIT_trong_dau_tu_chung_khoan_the_nao\" title=\"\u1ee8ng d\u1ee5ng ch\u1ec9 s\u1ed1 EBIT trong \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n th\u1ebf n\u00e0o?\">\u1ee8ng d\u1ee5ng ch\u1ec9 s\u1ed1 EBIT trong \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n th\u1ebf n\u00e0o?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/infina.vn\/blog\/ebit-la-gi\/#Dung_tinh_toan_he_so_EBIT_Margin\" title=\"D\u00f9ng t\u00ednh to\u00e1n h\u1ec7 s\u1ed1 EBIT Margin\">D\u00f9ng t\u00ednh to\u00e1n h\u1ec7 s\u1ed1 EBIT Margin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/infina.vn\/blog\/ebit-la-gi\/#Xac_dinh_chi_so_No_vay_rong_EBITDA_Net_Debt_EBITDA\" title=\"X\u00e1c \u0111\u1ecbnh ch\u1ec9 s\u1ed1 N\u1ee3 vay r\u00f2ng\/ EBITDA (Net Debt\/ EBITDA)\">X\u00e1c \u0111\u1ecbnh ch\u1ec9 s\u1ed1 N\u1ee3 vay r\u00f2ng\/ EBITDA (Net Debt\/ EBITDA)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/infina.vn\/blog\/ebit-la-gi\/#Tinh_toan_kha_nang_thanh_toan_lai_vay\" title=\"T\u00ednh to\u00e1n kh\u1ea3 n\u0103ng thanh to\u00e1n l\u00e3i vay\">T\u00ednh to\u00e1n kh\u1ea3 n\u0103ng thanh to\u00e1n l\u00e3i vay<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/infina.vn\/blog\/ebit-la-gi\/#Chi_so_EVEBIT_la_gi\" title=\"Ch\u1ec9 s\u1ed1 EV\/EBIT l\u00e0 g\u00ec?\">Ch\u1ec9 s\u1ed1 EV\/EBIT l\u00e0 g\u00ec?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/infina.vn\/blog\/ebit-la-gi\/#App_dau_tu_chung_khoan_danh_cho_nguoi_moi_bat_dau\" title=\"App \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n d\u00e0nh cho ng\u01b0\u1eddi m\u1edbi b\u1eaft \u0111\u1ea7u\">App \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n d\u00e0nh cho ng\u01b0\u1eddi m\u1edbi b\u1eaft \u0111\u1ea7u<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/infina.vn\/blog\/ebit-la-gi\/#Ket_luan\" title=\"K\u1ebft lu\u1eadn\">K\u1ebft lu\u1eadn<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"EBIT_la_gi\"><\/span><span style=\"font-weight: 400;\">EBIT l\u00e0 g\u00ec?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>EBIT l\u00e0 m\u1ed9t t\u1eeb vi\u1ebft t\u1eaft c\u1ee7a c\u1ee5m t\u1eeb ti\u1ebfng Anh &#8220;Earnings Before Interest and Taxes&#8221;, c\u00f3 ngh\u0129a l\u00e0 L\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf v\u00e0 l\u00e3i vay. \u0110\u00e2y l\u00e0 m\u1ed9t ch\u1ec9 s\u1ed1 t\u00e0i ch\u00ednh quan tr\u1ecdng \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 hi\u1ec7u su\u1ea5t t\u00e0i ch\u00ednh c\u1ee7a m\u1ed9t doanh nghi\u1ec7p ho\u1eb7c c\u00f4ng ty. EBIT cho ph\u00e9p ta xem x\u00e9t l\u1ee3i nhu\u1eadn thu \u0111\u01b0\u1ee3c t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ed1t l\u00f5i m\u00e0 kh\u00f4ng t\u00ednh \u0111\u1ebfn c\u00e1c y\u1ebfu t\u1ed1 chi ph\u00ed thu\u1ebf v\u00e0 chi ph\u00ed l\u00e3i vay.<\/p>\n<p>EBIT cung c\u1ea5p c\u00e1i nh\u00ecn r\u00f5 r\u00e0ng v\u1ec1 kh\u1ea3 n\u0103ng sinh l\u1eddi c\u1ee7a m\u1ed9t c\u00f4ng ty d\u1ef1a tr\u00ean ho\u1ea1t \u0111\u1ed9ng kinh doanh ch\u1ee7 y\u1ebfu m\u00e0 kh\u00f4ng b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi c\u00e1c y\u1ebfu t\u1ed1 b\u00ean ngo\u00e0i nh\u01b0 c\u1ea5u tr\u00fac v\u1ed1n v\u00e0 thu\u1ebf su\u1ea5t. B\u1eb1ng c\u00e1ch lo\u1ea1i b\u1ecf c\u00e1c y\u1ebfu t\u1ed1 kh\u00f4ng li\u00ean quan, EBIT cho ph\u00e9p nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0 nh\u00e0 qu\u1ea3n l\u00fd hi\u1ec3u r\u00f5 h\u01a1n v\u1ec1 hi\u1ec7u su\u1ea5t kinh doanh c\u1ed1t l\u00f5i c\u1ee7a c\u00f4ng ty v\u00e0 so s\u00e1nh gi\u1eefa c\u00e1c c\u00f4ng ty trong ng\u00e0nh.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-15384 size-full\" src=\"https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/khai-niem-ebit.jpg\" alt=\"ebit l\u00e0 g\u00ec?\" width=\"800\" height=\"469\" title=\"\" srcset=\"https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/khai-niem-ebit.jpg 800w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/khai-niem-ebit-300x176.jpg 300w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/khai-niem-ebit-768x450.jpg 768w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/khai-niem-ebit-696x408.jpg 696w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/khai-niem-ebit-716x420.jpg 716w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Y_nghia\"><\/span><b>\u00dd ngh\u0129a<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>EBIT l\u00e0 m\u1ed9t ch\u1ec9 s\u1ed1 \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 t\u00ecnh h\u00ecnh &#8220;s\u1ee9c kh\u1ecfe t\u00e0i ch\u00ednh&#8221; c\u1ee7a doanh nghi\u1ec7p. Ch\u1ec9 s\u1ed1 n\u00e0y kh\u00f4ng bao g\u1ed3m c\u00e1c kho\u1ea3n l\u00e3i vay v\u00e0 chi ph\u00ed thu\u1ebf. Do \u0111\u00f3, n\u00f3 gi\u00fap c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 xem x\u00e9t c\u00e1c kh\u00eda c\u1ea1nh sau \u0111\u00e2y:<\/p>\n<ul>\n<li><strong>Kh\u1ea3 n\u0103ng ki\u1ec3m so\u00e1t c\u00e1c lo\u1ea1i chi ph\u00ed:<\/strong> EBIT cho ph\u00e9p \u0111\u00e1nh gi\u00e1 kh\u1ea3 n\u0103ng c\u1ee7a doanh nghi\u1ec7p trong vi\u1ec7c qu\u1ea3n l\u00fd v\u00e0 ki\u1ec3m so\u00e1t c\u00e1c kho\u1ea3n chi ph\u00ed. N\u00f3 cho th\u1ea5y kh\u1ea3 n\u0103ng t\u1ea1o ra l\u1ee3i nhu\u1eadn t\u1eeb ho\u1ea1t \u0111\u1ed9ng c\u1ed1t l\u00f5i c\u1ee7a doanh nghi\u1ec7p m\u00e0 kh\u00f4ng ph\u1ee5 thu\u1ed9c v\u00e0o l\u00e3i vay hay chi ph\u00ed thu\u1ebf.<\/li>\n<li><strong>Hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng c\u1ed1t l\u00f5i:<\/strong> B\u1eb1ng c\u00e1ch lo\u1ea1i b\u1ecf \u1ea3nh h\u01b0\u1edfng c\u1ee7a thu\u1ebf v\u00e0 l\u00e3i vay, EBIT gi\u00fap x\u00e1c \u0111\u1ecbnh l\u1ee3i nhu\u1eadn m\u00e0 ho\u1ea1t \u0111\u1ed9ng c\u1ed1t l\u00f5i c\u1ee7a doanh nghi\u1ec7p t\u1ea1o ra. \u0110i\u1ec1u n\u00e0y gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e1nh gi\u00e1 kh\u1ea3 n\u0103ng sinh l\u1eddi c\u1ee7a doanh nghi\u1ec7p m\u00e0 kh\u00f4ng b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi c\u00e1c y\u1ebfu t\u1ed1 ngo\u1ea1i vi nh\u01b0 thu\u1ebf v\u00e0 l\u00e3i vay.<\/li>\n<li><strong>Kh\u1ea3 n\u0103ng t\u00e0i tr\u1ee3 v\u00e0 sinh l\u1eddi:<\/strong> B\u1eb1ng c\u00e1ch xem x\u00e9t EBIT, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 \u0111\u00e1nh gi\u00e1 xem doanh nghi\u1ec7p c\u00f3 th\u1ec3 t\u1ea1o ra thu nh\u1eadp \u0111\u1ee7 \u0111\u1ec3 sinh l\u1eddi, tr\u1ea3 n\u1ee3 v\u00e0 t\u00e0i tr\u1ee3 cho c\u00e1c ho\u1ea1t \u0111\u1ed9ng kh\u00e1c \u0111ang di\u1ec5n ra hay kh\u00f4ng. \u0110i\u1ec1u n\u00e0y gi\u00fap x\u00e1c \u0111\u1ecbnh kh\u1ea3 n\u0103ng t\u00e0i ch\u00ednh c\u1ee7a doanh nghi\u1ec7p v\u00e0 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 h\u1ee3p l\u00fd.<\/li>\n<li><strong>So s\u00e1nh gi\u1eefa c\u00e1c c\u00f4ng ty v\u00e0 d\u1ef1 \u00e1n:<\/strong> EBIT c\u0169ng cho ph\u00e9p so s\u00e1nh gi\u1eefa hai ho\u1eb7c nhi\u1ec1u c\u00f4ng ty thu\u1ed9c c\u00f9ng m\u1ed9t l\u0129nh v\u1ef1c ho\u1ea1t \u0111\u1ed9ng nh\u01b0ng l\u1ea1i c\u00f3 m\u1ee9c thu\u1ebf thu nh\u1eadp kh\u00e1c nhau. \u0110i\u1ec1u n\u00e0y gi\u00fap \u0111\u00e1nh gi\u00e1 hi\u1ec7u su\u1ea5t v\u00e0 hi\u1ec7u qu\u1ea3 c\u1ee7a c\u00e1c c\u00f4ng ty\/d\u1ef1 \u00e1n, v\u00e0 t\u1eeb \u0111\u00f3 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 th\u00f4ng minh h\u01a1n.<\/li>\n<\/ul>\n<p>Xem th\u00eam: <a href=\"https:\/\/infina.vn\/blog\/dien-dan-chung-khoan\/\">TOP 5 di\u1ec5n \u0111\u00e0n ch\u1ee9ng kho\u00e1n hay nh\u1ea5t Vi\u1ec7t Nam m\u00e0 N\u0110T c\u1ea7n ph\u1ea3i bi\u1ebft<\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Cong_thuc_tinh_EBIT_la_gi\"><\/span><b>C\u00f4ng th\u1ee9c t\u00ednh EBIT l\u00e0 g\u00ec?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">C\u00f4ng th\u1ee9c t\u00ednh EBIT s\u1ebd \u0111\u01b0\u1ee3c t\u00ednh d\u1ef1a v\u00e0o thu nh\u1eadp t\u1eeb doanh thu v\u00e0 chi ph\u00ed. C\u1ee5 th\u1ec3 nh\u01b0 sau:<\/span><\/p>\n<p style=\"text-align: center;\"><strong><span class=\"td_btn td_btn_md td_outlined_btn\"> EBIT = thu nh\u1eadp t\u1eeb doanh thu &#8211; chi ph\u00ed ho\u1ea1t \u0111\u1ed9ng<\/span><\/strong><\/p>\n<p><span style=\"font-weight: 400;\">\u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0, vi\u1ec7c xem x\u00e9t b\u00e1o c\u00e1o t\u00e0i ch\u00ednh c\u1ee7a doanh nghi\u1ec7p. C\u00f3 th\u1ec3 s\u1eed d\u1ee5ng c\u00f4ng th\u1ee9c d\u01b0\u1edbi \u0111\u00e2y:<\/span><\/p>\n<p style=\"text-align: center;\"><span class=\"td_btn td_btn_md td_outlined_btn\">EBIT = L\u1ee3i nhu\u1eadn g\u1ed9p &#8211; chi ph\u00ed b\u00e1n h\u00e0ng &#8211; chi ph\u00ed qu\u1ea3n l\u00fd doanh nghi\u1ec7p<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\"> <img decoding=\"async\" class=\"aligncenter wp-image-15385 size-full\" src=\"https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/cong-thuc-tinh-ebit.jpg\" alt=\"ebit l\u00e0 g\u00ec?\" width=\"800\" height=\"533\" title=\"\" srcset=\"https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/cong-thuc-tinh-ebit.jpg 800w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/cong-thuc-tinh-ebit-300x200.jpg 300w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/cong-thuc-tinh-ebit-768x512.jpg 768w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/cong-thuc-tinh-ebit-696x464.jpg 696w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/cong-thuc-tinh-ebit-630x420.jpg 630w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ngo\u00e0i ra, c\u00e1c doanh nghi\u1ec7p th\u01b0\u1eddng s\u1ebd c\u00f3 chi ph\u00ed l\u00e3i vay n\u1eb1m b\u00ean trong ph\u1ea7n chi ph\u00ed ho\u1ea1t \u0111\u1ed9ng. N\u00ean s\u1ebd s\u1eed d\u1ee5ng c\u00f4ng th\u1ee9c sau \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh ch\u1ec9 s\u1ed1 l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf v\u00e0 l\u00e3i vay:<\/span><\/p>\n<p style=\"text-align: center;\"><span class=\"td_btn td_btn_md td_outlined_btn\">EBIT = L\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf + l\u00e3i vay<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Nhung_loi_ich_va_han_che_cua_viec_su_dung_EBIT\"><\/span>Nh\u1eefng l\u1ee3i \u00edch v\u00e0 h\u1ea1n ch\u1ebf c\u1ee7a vi\u1ec7c s\u1eed d\u1ee5ng EBIT<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Loi_ich_cua_EBIT_la_gi\"><\/span><strong>L\u1ee3i \u00edch c\u1ee7a EBIT l\u00e0 g\u00ec?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li><strong>\u0110\u00e1nh gi\u00e1 hi\u1ec7u su\u1ea5t kinh doanh c\u1ed1t l\u00f5i:<\/strong> EBIT cho ph\u00e9p nh\u00e0 \u0111\u1ea7u t\u01b0 hi\u1ec3u r\u00f5 h\u01a1n v\u1ec1 kh\u1ea3 n\u0103ng sinh l\u1eddi c\u1ee7a c\u00f4ng ty t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ed1t l\u00f5i m\u00e0 kh\u00f4ng b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi c\u00e1c y\u1ebfu t\u1ed1 b\u00ean ngo\u00e0i nh\u01b0 c\u1ea5u tr\u00fac v\u1ed1n v\u00e0 thu\u1ebf su\u1ea5t. \u0110i\u1ec1u n\u00e0y gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 c\u00e1i nh\u00ecn t\u1ed5ng quan v\u1ec1 hi\u1ec7u su\u1ea5t kinh doanh c\u1ee7a c\u00f4ng ty.<\/li>\n<li><strong>So s\u00e1nh gi\u1eefa c\u00e1c c\u00f4ng ty:<\/strong> S\u1eed d\u1ee5ng EBIT, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 so s\u00e1nh kh\u1ea3 n\u0103ng sinh l\u1eddi t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh gi\u1eefa c\u00e1c c\u00f4ng ty trong c\u00f9ng ng\u00e0nh. Ch\u1ec9 s\u1ed1 n\u00e0y lo\u1ea1i b\u1ecf y\u1ebfu t\u1ed1 kh\u00f4ng li\u00ean quan v\u00e0 t\u1eadp trung v\u00e0o l\u1ee3i nhu\u1eadn thu \u0111\u01b0\u1ee3c t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ed1t l\u00f5i, gi\u00fap so s\u00e1nh tr\u1ef1c ti\u1ebfp hi\u1ec7u su\u1ea5t gi\u1eefa c\u00e1c c\u00f4ng ty.<\/li>\n<li><strong>\u0110\u1ecbnh gi\u00e1 c\u00f4ng ty:<\/strong> EBIT \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng trong c\u00e1c m\u00f4 h\u00ecnh \u0111\u1ecbnh gi\u00e1 c\u1ed5 phi\u1ebfu nh\u01b0 P\/E (Price-to-Earnings) ho\u1eb7c EV\/EBITDA (Enterprise Value-to-EBITDA). B\u1eb1ng c\u00e1ch t\u00ednh to\u00e1n EBIT v\u00e0 \u00e1p d\u1ee5ng v\u00e0o c\u00e1c c\u00f4ng th\u1ee9c \u0111\u1ecbnh gi\u00e1, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 \u0111\u01b0a ra \u01b0\u1edbc t\u00ednh v\u1ec1 gi\u00e1 tr\u1ecb c\u00f4ng ty v\u00e0 \u0111\u00e1nh gi\u00e1 kh\u1ea3 n\u0103ng \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu \u0111\u00f3.<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"Han_che\"><\/span><strong>H\u1ea1n ch\u1ebf<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li><strong>Kh\u00f4ng t\u00ednh \u0111\u1ebfn l\u1ee3i t\u1ee9c vay:<\/strong> EBIT lo\u1ea1i b\u1ecf y\u1ebfu t\u1ed1 chi ph\u00ed l\u00e3i vay, do \u0111\u00f3 kh\u00f4ng ph\u1ea3n \u00e1nh \u0111\u01b0\u1ee3c l\u1ee3i t\u1ee9c t\u1eeb vi\u1ec7c s\u1eed d\u1ee5ng v\u1ed1n vay. \u0110i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 l\u00e0 m\u1ed9t h\u1ea1n ch\u1ebf khi ph\u00e2n t\u00edch t\u00e0i ch\u00ednh c\u1ee7a c\u00e1c c\u00f4ng ty c\u00f3 c\u1ea5u tr\u00fac v\u1ed1n ph\u1ee9c t\u1ea1p ho\u1eb7c s\u1eed d\u1ee5ng nhi\u1ec1u v\u1ed1n vay.<\/li>\n<li><strong>Kh\u00f4ng t\u00ednh \u0111\u1ebfn thu\u1ebf:<\/strong> EBIT c\u0169ng kh\u00f4ng t\u00ednh \u0111\u1ebfn chi ph\u00ed thu\u1ebf. Vi\u1ec7c kh\u00f4ng xem x\u00e9t thu\u1ebf c\u00f3 th\u1ec3 l\u00e0m gi\u1ea3m t\u00ednh ch\u00ednh x\u00e1c c\u1ee7a vi\u1ec7c \u0111\u00e1nh gi\u00e1 hi\u1ec7u su\u1ea5t v\u00e0 l\u1ee3i nhu\u1eadn th\u1ef1c t\u1ebf c\u1ee7a c\u00f4ng ty.<\/li>\n<li><strong>Y\u1ebfu t\u1ed1 ng\u00e0nh v\u00e0 kh\u00e1c bi\u1ec7t v\u0103n h\u00f3a:<\/strong> EBIT kh\u00f4ng cung c\u1ea5p th\u00f4ng tin v\u1ec1 y\u1ebfu t\u1ed1 ng\u00e0nh v\u00e0 kh\u00e1c bi\u1ec7t v\u0103n h\u00f3a. Nh\u1eefng y\u1ebfu t\u1ed1 n\u00e0y c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u00e1ng k\u1ec3 \u0111\u1ebfn hi\u1ec7u su\u1ea5t v\u00e0 l\u1ee3i nhu\u1eadn c\u1ee7a m\u1ed9t c\u00f4ng ty, nh\u01b0ng kh\u00f4ng \u0111\u01b0\u1ee3c ph\u1ea3n \u00e1nh trong EBIT.<\/li>\n<\/ol>\n<p>T\u00f3m l\u1ea1i, vi\u1ec7c s\u1eed d\u1ee5ng EBIT trong ph\u00e2n t\u00edch ch\u1ee9ng kho\u00e1n c\u00f3 nhi\u1ec1u l\u1ee3i \u00edch, bao g\u1ed3m \u0111\u00e1nh gi\u00e1 hi\u1ec7u su\u1ea5t kinh doanh c\u1ed1t l\u00f5i v\u00e0 so s\u00e1nh gi\u1eefa c\u00e1c c\u00f4ng ty. Tuy nhi\u00ean, c\u1ea7n l\u01b0u \u00fd nh\u1eefng h\u1ea1n ch\u1ebf c\u1ee7a EBIT nh\u01b0 kh\u00f4ng t\u00ednh \u0111\u1ebfn l\u1ee3i t\u1ee9c vay, kh\u00f4ng t\u00ednh \u0111\u1ebfn thu\u1ebf, v\u00e0 kh\u00f4ng ph\u1ea3n \u00e1nh y\u1ebfu t\u1ed1 ng\u00e0nh v\u00e0 kh\u00e1c bi\u1ec7t v\u0103n h\u00f3a. Vi\u1ec7c s\u1eed d\u1ee5ng EBIT c\u1ea7n k\u1ebft h\u1ee3p v\u1edbi c\u00e1c ch\u1ec9 s\u1ed1 v\u00e0 y\u1ebfu t\u1ed1 kh\u00e1c \u0111\u1ec3 c\u00f3 c\u00e1i nh\u00ecn to\u00e0n di\u1ec7n v\u00e0 \u0111\u00e1nh gi\u00e1 ch\u00ednh x\u00e1c v\u1ec1 c\u00f4ng ty trong qu\u00e1 tr\u00ecnh ph\u00e2n t\u00edch ch\u1ee9ng kho\u00e1n.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Phan_biet_EBIT_va_EBITDA\"><\/span><span style=\"font-weight: 400;\">Ph\u00e2n bi\u1ec7t EBIT v\u00e0 EBITDA<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">\u0110\u1ec3 bi\u1ebft \u0111\u01b0\u1ee3c t\u00ecnh h\u00ecnh s\u1ee9c kh\u1ecfe t\u00e0i ch\u00ednh c\u1ee7a doanh nghi\u1ec7p, nh\u1eb1m c\u00f3 nh\u1eefng quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0, qu\u1ea3n l\u00fd doanh nghi\u1ec7p hi\u1ec7u qu\u1ea3. C\u00e1c nh\u00e0 l\u00e3nh \u0111\u1ea1o, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n ph\u1ea3i hi\u1ec3u v\u00e0 ph\u00e2n bi\u1ec7t \u0111\u01b0\u1ee3c EBIT v\u00e0 EBITDA, EPS.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"EBIT_va_EBITDA_trong_dau_tu\"><\/span><b>EBIT v\u00e0 EBITDA trong \u0111\u1ea7u t\u01b0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-15386 size-full\" src=\"https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/phan-biet-ebit-va-ebitda-trong-dau-tu.jpg\" alt=\"ebit l\u00e0 g\u00ec\" width=\"800\" height=\"450\" title=\"\" srcset=\"https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/phan-biet-ebit-va-ebitda-trong-dau-tu.jpg 800w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/phan-biet-ebit-va-ebitda-trong-dau-tu-300x169.jpg 300w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/phan-biet-ebit-va-ebitda-trong-dau-tu-768x432.jpg 768w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/phan-biet-ebit-va-ebitda-trong-dau-tu-696x392.jpg 696w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/phan-biet-ebit-va-ebitda-trong-dau-tu-747x420.jpg 747w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p><b>\u0110i\u1ec3m gi\u1ed1ng nhau<\/b><span style=\"font-weight: 400;\">: \u0110\u1ec1u l\u00e0 ch\u1ec9 ti\u00eau \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng r\u1ed9ng r\u00e3i \u0111\u1ec3 ph\u00e2n t\u00edch hi\u1ec7u qu\u1ea3 kinh doanh c\u1ee7a 1 d\u1ef1 \u00e1n\/ doanh nghi\u1ec7p.<\/span><\/p>\n<p><b>\u0110i\u1ec3m kh\u00e1c nhau<\/b><span style=\"font-weight: 400;\">:<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>N\u1ed9i dung so s\u00e1nh<\/b><\/td>\n<td><b>EBIT<\/b><\/td>\n<td><b>EBITDA<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Kh\u00e1i ni\u1ec7m<\/span><\/td>\n<td><span style=\"font-weight: 400;\">L\u1ee3i nhu\u1eadn tr\u01b0\u1edbc l\u00e3i vay v\u00e0 thu\u1ebf.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">L\u1ee3i nhu\u1eadn tr\u01b0\u1edbc l\u00e3i vay, thu\u1ebf v\u00e0 kh\u1ea5u hao.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">L\u1ee3i nhu\u1eadn<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Kh\u00f4ng bao g\u1ed3m thu\u1ebf v\u00e0 l\u00e3i vay.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">G\u1ed3m chi ph\u00ed: L\u00e3i vay, thu\u1ebf, kh\u1ea5u hao t\u00e0i s\u1ea3n.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">\u1ee8ng d\u1ee5ng<\/span><\/td>\n<td><span style=\"font-weight: 400;\">S\u1eed d\u1ee5ng cho t\u1ea5t c\u1ea3 c\u00e1c doanh nghi\u1ec7p, d\u1ef1 \u00e1n.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">S\u1eed d\u1ee5ng cho d\u1ef1 \u00e1n, doanh nghi\u1ec7p c\u00f3 t\u00e0i s\u1ea3n c\u1ed1 \u0111\u1ecbnh c\u00f3 gi\u00e1 tr\u1ecb c\u1ea7n kh\u1ea5u hao.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">C\u00f4ng th\u1ee9c t\u00ednh<\/span><\/td>\n<td><span style=\"font-weight: 400;\">EBIT = doanh thu &#8211; chi ph\u00ed.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">EBITDA = l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf + chi ph\u00ed l\u00e3i + kh\u1ea5u hao.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Moi_quan_he_giua_EPS_va_EBIT_la_gi\"><\/span><b>M\u1ed1i quan h\u1ec7 gi\u1eefa EPS v\u00e0 EBIT l\u00e0 g\u00ec?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Ngo\u00e0i EBIT, ch\u1ec9 s\u1ed1 <a href=\"https:\/\/infina.vn\/blog\/eps-la-gi\/\">EPS<\/a> c\u0169ng l\u00e0 m\u1ed9t th\u01b0\u1edbc \u0111o t\u00e0i ch\u00ednh quan tr\u1ecdng gi\u00fap c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e1nh gi\u00e1 \u0111\u01b0\u1ee3c kh\u1ea3 n\u0103ng sinh l\u1eddi c\u1ee7a c\u1ed5 phi\u1ebfu doanh nghi\u1ec7p.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-15388 size-full\" src=\"https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/moi-quan-he-giua-ebit-va-eps.jpg\" alt=\"ebit l\u00e0 g\u00ec\" width=\"800\" height=\"560\" title=\"\" srcset=\"https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/moi-quan-he-giua-ebit-va-eps.jpg 800w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/moi-quan-he-giua-ebit-va-eps-300x210.jpg 300w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/moi-quan-he-giua-ebit-va-eps-768x538.jpg 768w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/moi-quan-he-giua-ebit-va-eps-696x487.jpg 696w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/moi-quan-he-giua-ebit-va-eps-600x420.jpg 600w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/moi-quan-he-giua-ebit-va-eps-100x70.jpg 100w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">M\u1ed1i li\u00ean quan c\u1ee7a 2 ch\u1ec9 s\u1ed1 n\u00e0y \u0111\u01b0\u1ee3c th\u1ec3 hi\u1ec7n qua c\u00f4ng th\u1ee9c sau:<\/span><\/p>\n<p style=\"text-align: center;\"><span class=\"td_btn td_btn_md td_outlined_btn\">EBIT = (EPS * SCPPTXS) +CTU\u0110CP \/ [(1 \u2013 Thu\u1ebf su\u1ea5t) + L\u1ee3i t\u1ee9c n\u1ee3 n\u1ea7n].<\/span><\/p>\n<p>Trong \u0111\u00f3:<\/p>\n<ul>\n<li>SCPPTXS: S\u1ed1 c\u1ed5 ph\u1ea7n ph\u1ed5 th\u00f4ng xu\u1ea5t s\u1eafc.<\/li>\n<li>CTU\u0110CP: C\u1ed5 t\u1ee9c \u01b0u \u0111\u00e3i C\u1ed5 ph\u1ea7n.<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Trong \u0111\u00f3 EPS \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh v\u1edbi c\u00f4ng th\u1ee9c r\u00fat g\u1ecdn nh\u01b0 sau:<\/span><\/p>\n<p style=\"text-align: center;\"><span class=\"td_btn td_btn_md td_outlined_btn\">EPS = [(EBIT \u2013 I)(I \u2013 t) \u2013 PD]\/NS<\/span><\/p>\n<p>Trong \u0111\u00f3:<\/p>\n<ul>\n<li>I: L\u00e3i ph\u1ea3i tr\u1ea3 h\u00e0ng n\u0103m.<\/li>\n<li>t: M\u1ee9c thu\u1ebf su\u1ea5t thu\u1ebf thu nh\u1eadp doanh nghi\u1ec7p.<\/li>\n<li>PD: C\u1ed5 t\u1ee9c ph\u1ea3i tr\u1ea3 cho c\u1ed5 phi\u1ebfu \u01b0u \u0111\u00e3i.<\/li>\n<li>NS: S\u1ed1 l\u01b0\u1ee3ng c\u1ed5 phi\u1ebfu th\u01b0\u1edfng.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Ung_dung_chi_so_EBIT_trong_dau_tu_chung_khoan_the_nao\"><\/span><span style=\"font-weight: 400;\">\u1ee8ng d\u1ee5ng ch\u1ec9 s\u1ed1 EBIT trong \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n th\u1ebf n\u00e0o?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-20443\" src=\"https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/ung-dung-chi-so-ebit.jpg\" alt=\"\u1ee8ng d\u1ee5ng ch\u1ec9 s\u1ed1 EBIT trong \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n th\u1ebf n\u00e0o?\" width=\"800\" height=\"449\" title=\"\" srcset=\"https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/ung-dung-chi-so-ebit.jpg 800w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/ung-dung-chi-so-ebit-300x168.jpg 300w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/ung-dung-chi-so-ebit-768x431.jpg 768w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/ung-dung-chi-so-ebit-696x391.jpg 696w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/ung-dung-chi-so-ebit-748x420.jpg 748w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Dung_tinh_toan_he_so_EBIT_Margin\"><\/span><b>D\u00f9ng t\u00ednh to\u00e1n h\u1ec7 s\u1ed1 EBIT Margin<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Sau khi \u0111\u00e3 hi\u1ec3u EBIT l\u00e0 g\u00ec th\u00ec EBIT Margin l\u00e0 m\u1ed9t ch\u1ec9 s\u1ed1 bi\u00ean t\u00ednh b\u1eb1ng c\u00e1ch chia EBITDA cho doanh thu c\u1ee7a m\u1ed9t doanh nghi\u1ec7p. N\u00f3 \u0111\u01b0\u1ee3c coi l\u00e0 m\u1ed9t \u0111\u00e1nh gi\u00e1 v\u1ec1 t\u1ef7 su\u1ea5t l\u1ee3i nhu\u1eadn ho\u1ea1t \u0111\u1ed9ng ti\u1ec1n m\u1eb7t c\u1ee7a doanh nghi\u1ec7p.<\/p>\n<p>EBIT Margin kh\u00f4ng t\u00ednh \u0111\u1ebfn chi ph\u00ed, thu\u1ebf v\u00e0 c\u1ea5u tr\u00fac v\u1ed1n, nh\u1eb1m lo\u1ea1i b\u1ecf c\u00e1c y\u1ebfu t\u1ed1 kh\u00f4ng li\u00ean quan \u0111\u1ebfn ti\u1ec1n m\u1eb7t. \u0110i\u1ec1u n\u00e0y cho ph\u00e9p nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e1nh gi\u00e1 kh\u1ea3 n\u0103ng t\u1ea1o ra l\u1ee3i nhu\u1eadn t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ed1t l\u00f5i m\u00e0 kh\u00f4ng b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi c\u00e1c y\u1ebfu t\u1ed1 kh\u00f4ng li\u00ean quan \u0111\u1ebfn ti\u1ec1n m\u1eb7t, nh\u01b0 chi ph\u00ed phi ti\u1ec1n m\u1eb7t hay thu\u1ebf.<\/p>\n<p>EBIT Margin gi\u00fap nh\u00ecn nh\u1eadn m\u1ee9c \u0111\u1ed9 hi\u1ec7u qu\u1ea3 c\u1ee7a doanh nghi\u1ec7p trong vi\u1ec7c t\u1ea1o ra l\u1ee3i nhu\u1eadn tr\u00ean m\u1ed7i \u0111\u01a1n v\u1ecb doanh thu. \u0110\u00e1nh gi\u00e1 n\u00e0y c\u00f3 th\u1ec3 gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 so s\u00e1nh hi\u1ec7u su\u1ea5t c\u1ee7a c\u00e1c doanh nghi\u1ec7p trong c\u00f9ng ng\u00e0nh ho\u1eb7c theo th\u1eddi gian, \u0111\u1ed3ng th\u1eddi lo\u1ea1i b\u1ecf c\u00e1c y\u1ebfu t\u1ed1 kh\u00f4ng li\u00ean quan \u0111\u1ebfn ti\u1ec1n m\u1eb7t \u0111\u1ec3 c\u00f3 c\u00e1i nh\u00ecn r\u00f5 r\u00e0ng h\u01a1n v\u1ec1 kh\u1ea3 n\u0103ng sinh l\u1eddi c\u1ee7a doanh nghi\u1ec7p t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ed1t l\u00f5i.<\/p>\n<p><span style=\"font-weight: 400;\">C\u00f4ng th\u1ee9c t\u00ednh:<\/span><\/p>\n<p style=\"text-align: center;\"><span class=\"td_btn td_btn_md td_outlined_btn\">EBITDA Margin = EBITDA\/ Doanh thu thu\u1ea7n<\/span><\/p>\n<p>EBIT Margin l\u00e0 m\u1ed9t ch\u1ec9 s\u1ed1 quan tr\u1ecdng \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 hi\u1ec7u qu\u1ea3 c\u1ee7a c\u00e1c n\u1ed7 l\u1ef1c c\u1eaft gi\u1ea3m chi ph\u00ed c\u1ee7a doanh nghi\u1ec7p. N\u1ebfu m\u1ed9t doanh nghi\u1ec7p c\u00f3 EBIT Margin cao, t\u1ee9c l\u00e0 chi ph\u00ed ho\u1ea1t \u0111\u1ed9ng c\u1ee7a doanh nghi\u1ec7p \u0111ang th\u1ea5p h\u01a1n so v\u1edbi t\u1ed5ng doanh thu, \u0111i\u1ec1u n\u00e0y cho th\u1ea5y doanh nghi\u1ec7p \u0111ang c\u00f3 kh\u1ea3 n\u0103ng t\u1ea1o ra l\u1ee3i nhu\u1eadn \u1ed5n \u0111\u1ecbnh t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ed1t l\u00f5i.<\/p>\n<p>M\u1ed9t EBIT Margin cao ch\u1ee9ng t\u1ecf doanh nghi\u1ec7p \u0111ang c\u00f3 kh\u1ea3 n\u0103ng ki\u1ec3m so\u00e1t chi ph\u00ed hi\u1ec7u qu\u1ea3 v\u00e0 t\u1ed1i \u01b0u h\u00f3a ho\u1ea1t \u0111\u1ed9ng c\u1ee7a m\u00ecnh. \u0110i\u1ec1u n\u00e0y c\u0169ng cho th\u1ea5y doanh nghi\u1ec7p \u0111ang c\u00f3 s\u1ef1 ph\u00e1t tri\u1ec3n t\u1ed1t, \u0111\u1ed3ng th\u1eddi c\u0169ng th\u1ec3 hi\u1ec7n t\u00ednh c\u1ea1nh tranh v\u00e0 kh\u1ea3 n\u0103ng sinh l\u1ee3i c\u1ee7a doanh nghi\u1ec7p tr\u00ean th\u1ecb tr\u01b0\u1eddng.<\/p>\n<p>Tuy nhi\u00ean, khi s\u1eed d\u1ee5ng EBIT Margin \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng c\u1ee7a doanh nghi\u1ec7p, c\u1ea7n xem x\u00e9t k\u1ef9 l\u01b0\u1ee1ng c\u00e1c y\u1ebfu t\u1ed1 kh\u00e1c nh\u01b0 ng\u00e0nh c\u00f4ng nghi\u1ec7p, s\u1ef1 bi\u1ebfn \u0111\u1ed9ng trong kinh doanh v\u00e0 c\u00e1c y\u1ebfu t\u1ed1 c\u1ee5 th\u1ec3 c\u1ee7a doanh nghi\u1ec7p \u0111\u1ec3 c\u00f3 c\u00e1i nh\u00ecn to\u00e0n di\u1ec7n v\u00e0 ch\u00ednh x\u00e1c h\u01a1n v\u1ec1 hi\u1ec7u su\u1ea5t v\u00e0 s\u1ee9c kh\u1ecfe t\u00e0i ch\u00ednh c\u1ee7a doanh nghi\u1ec7p.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Xac_dinh_chi_so_No_vay_rong_EBITDA_Net_Debt_EBITDA\"><\/span><b>X\u00e1c \u0111\u1ecbnh ch\u1ec9 s\u1ed1 N\u1ee3 vay r\u00f2ng\/ EBITDA (Net Debt\/ EBITDA)<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ch\u1ec9 s\u1ed1 N\u1ee3 vay r\u00f2ng\/EBITDA (Net Debt\/EBITDA) \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 m\u1ee9c \u0111\u1ed9 n\u1ee3 c\u1ee7a m\u1ed9t doanh nghi\u1ec7p so v\u1edbi kh\u1ea3 n\u0103ng t\u1ea1o ra l\u1ee3i nhu\u1eadn ho\u1ea1t \u0111\u1ed9ng. Ch\u1ec9 s\u1ed1 n\u00e0y t\u00ednh b\u1eb1ng c\u00e1ch chia s\u1ed1 n\u1ee3 vay r\u00f2ng c\u1ee7a doanh nghi\u1ec7p cho EBITDA.<\/p>\n<p>Ch\u1ec9 s\u1ed1 Net Debt\/EBITDA gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e1nh gi\u00e1 m\u1ee9c \u0111\u1ed9 n\u1ee3 c\u1ee7a doanh nghi\u1ec7p so v\u1edbi kh\u1ea3 n\u0103ng t\u1ea1o l\u1ee3i nhu\u1eadn. N\u1ebfu ch\u1ec9 s\u1ed1 n\u00e0y th\u1ea5p, t\u1ee9c l\u00e0 m\u1ee9c \u0111\u1ed9 n\u1ee3 so v\u1edbi l\u1ee3i nhu\u1eadn ho\u1ea1t \u0111\u1ed9ng th\u1ea5p, th\u00ec doanh nghi\u1ec7p c\u00f3 kh\u1ea3 n\u0103ng tr\u1ea3 n\u1ee3 t\u1ed1t h\u01a1n v\u00e0 c\u00f3 s\u1ee9c kh\u1ecfe t\u00e0i ch\u00ednh t\u1ed1t h\u01a1n. Ng\u01b0\u1ee3c l\u1ea1i, n\u1ebfu ch\u1ec9 s\u1ed1 n\u00e0y cao, ngh\u0129a l\u00e0 m\u1ee9c \u0111\u1ed9 n\u1ee3 so v\u1edbi l\u1ee3i nhu\u1eadn ho\u1ea1t \u0111\u1ed9ng cao, c\u00f3 th\u1ec3 t\u01b0\u1ee3ng tr\u01b0ng cho m\u1ed9t m\u1ee9c \u0111\u1ed9 r\u1ee7i ro t\u00e0i ch\u00ednh cao v\u00e0 kh\u1ea3 n\u0103ng tr\u1ea3 n\u1ee3 k\u00e9m.<\/p>\n<p style=\"text-align: center;\"><span class=\"td_btn td_btn_md td_outlined_btn\">N\u1ee3 vay r\u00f2ng = N\u1ee3 ng\u1eafn h\u1ea1n + N\u1ee3 d\u00e0i h\u1ea1n \u2013 Ti\u1ec1n v\u00e0 t\u01b0\u01a1ng \u0111\u01b0\u01a1ng ti\u1ec1n<\/span><\/p>\n<p>T\u1ef7 l\u1ec7 N\u1ee3 r\u00f2ng\/EBITDA th\u1ea5p \u0111\u01b0\u1ee3c coi l\u00e0 t\u1ed1t v\u00ec n\u00f3 cho th\u1ea5y doanh nghi\u1ec7p \u0111ang vay n\u1ee3 \u1edf m\u1ee9c trong kh\u1ea3 n\u0103ng chi tr\u1ea3 c\u1ee7a m\u00ecnh. Khi t\u1ef7 l\u1ec7 n\u00e0y th\u1ea5p, c\u00f3 ngh\u0129a l\u00e0 doanh nghi\u1ec7p c\u00f3 kh\u1ea3 n\u0103ng sinh l\u1eddi \u0111\u1ee7 \u0111\u1ec3 chi tr\u1ea3 l\u00e3i v\u00e0 g\u1ed1c n\u1ee3 m\u1ed9t c\u00e1ch d\u1ec5 d\u00e0ng t\u1eeb l\u1ee3i nhu\u1eadn ho\u1ea1t \u0111\u1ed9ng. \u0110i\u1ec1u n\u00e0y cho th\u1ea5y s\u1ee9c kh\u1ecfe t\u00e0i ch\u00ednh v\u00e0 kh\u1ea3 n\u0103ng qu\u1ea3n l\u00fd n\u1ee3 c\u1ee7a doanh nghi\u1ec7p.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-15391 size-full\" src=\"https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/xac-dinh-net-debt-va-ebitda.jpeg\" alt=\"x\u00e1c \u0111\u1ecbnh ch\u1ec9 s\u1ed1 n\u1ee3 vay r\u00f2ng\/ EBITDA (Net Debt\/ EBITDA)\" width=\"800\" height=\"411\" title=\"\" srcset=\"https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/xac-dinh-net-debt-va-ebitda.jpeg 800w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/xac-dinh-net-debt-va-ebitda-300x154.jpeg 300w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/xac-dinh-net-debt-va-ebitda-768x395.jpeg 768w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/xac-dinh-net-debt-va-ebitda-696x358.jpeg 696w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>T\u1ef7 l\u1ec7 N\u1ee3 r\u00f2ng\/EBITDA c\u00f3 th\u1ec3 kh\u00e1c nhau gi\u1eefa c\u00e1c ng\u00e0nh doanh nghi\u1ec7p. C\u00e1c ng\u00e0nh c\u00f3 t\u00ednh ch\u1ea5t v\u00e0 y\u00eau c\u1ea7u s\u1eed d\u1ee5ng v\u1ed1n kh\u00e1c nhau, \u0111i\u1ec1u n\u00e0y d\u1eabn \u0111\u1ebfn s\u1ef1 bi\u1ebfn \u0111\u1ed9ng trong m\u1ee9c \u0111\u1ed9 n\u1ee3 m\u00e0 c\u00e1c doanh nghi\u1ec7p trong c\u00e1c ng\u00e0nh \u0111\u00f3 c\u00f3 th\u1ec3 ch\u1ea5p nh\u1eadn v\u00e0 qu\u1ea3n l\u00fd.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Tinh_toan_kha_nang_thanh_toan_lai_vay\"><\/span><b>T\u00ednh to\u00e1n kh\u1ea3 n\u0103ng thanh to\u00e1n l\u00e3i vay<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Th\u00f4ng qua c\u00e1ch x\u00e1c \u0111\u1ecbnh ch\u1ec9 s\u1ed1 l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf v\u00e0 l\u00e3i vay, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 t\u00ednh to\u00e1n c\u00e1c kho\u1ea3n n\u1ee3, v\u00e0 kh\u1ea3 n\u0103ng thanh to\u00e1n l\u00e3i vay c\u1ee7a doanh nghi\u1ec7p. T\u1eeb \u0111\u00f3 c\u00f3 th\u1ec3 d\u00f9ng \u0111\u1ec3 so s\u00e1nh c\u00e1c doanh nghi\u1ec7p trong c\u00f9ng 1 ng\u00e0nh v\u00e0 c\u00e1c doanh nghi\u1ec7p kh\u00e1c nhau.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Gi\u00fap c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 x\u00e1c \u0111\u1ecbnh \u0111\u01b0\u1ee3c kh\u1ea3 n\u0103ng sinh l\u1eddi t\u1eeb m\u1ed9t c\u1ed5 phi\u1ebfu c\u1ee7a doanh nghi\u1ec7p. V\u00e0 c\u00f3 th\u1ec3 \u0111\u01b0a ra nh\u1eefng quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 s\u00e1ng su\u1ed1t h\u01a1n.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Chi_so_EVEBIT_la_gi\"><\/span><b>Ch\u1ec9 s\u1ed1 EV\/EBIT l\u00e0 g\u00ec?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ch\u1ec9 s\u1ed1 EV\/EBIT (Enterprise Value-to-EBIT) \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 gi\u00e1 tr\u1ecb \u0111\u1ea7u t\u01b0 v\u00e0 \u0111\u1ecbnh gi\u00e1 c\u00f4ng ty. Ch\u1ec9 s\u1ed1 n\u00e0y \u0111o l\u01b0\u1eddng gi\u00e1 tr\u1ecb to\u00e0n b\u1ed9 doanh nghi\u1ec7p so v\u1edbi l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf v\u00e0 l\u00e3i vay (EBIT).<\/p>\n<p>Ch\u1ec9 s\u1ed1 EV\/EBIT \u0111\u01b0\u1ee3c t\u00ednh b\u1eb1ng c\u00e1ch chia t\u1ed5ng gi\u00e1 tr\u1ecb doanh nghi\u1ec7p (bao g\u1ed3m gi\u00e1 tr\u1ecb v\u1ed1n h\u00f3a th\u1ecb tr\u01b0\u1eddng, n\u1ee3 vay, v\u00e0 c\u00e1c y\u1ebfu t\u1ed1 t\u00e0i ch\u00ednh kh\u00e1c) cho EBIT. C\u00f4ng th\u1ee9c chi ti\u1ebft nh\u01b0 sau:<\/p>\n<p style=\"text-align: center;\"><span class=\"td_btn td_btn_md td_outlined_btn\">EV\/EBIT = Enterprise Value \/ EBIT<\/span><\/p>\n<p>Trong l\u0129nh v\u1ef1c ch\u1ee9ng kho\u00e1n, nh\u00e0 \u0111\u1ea7u t\u01b0 th\u01b0\u1eddng s\u1eed d\u1ee5ng ch\u1ec9 s\u1ed1 EV\/EBIT \u0111\u1ec3 so s\u00e1nh gi\u00e1 tr\u1ecb \u0111\u1ea7u t\u01b0 c\u1ee7a c\u00e1c c\u00f4ng ty trong c\u00f9ng ng\u00e0nh. Ch\u1ec9 s\u1ed1 n\u00e0y cung c\u1ea5p m\u1ed9t ph\u00e9p \u0111o quan tr\u1ecdng v\u1ec1 gi\u00e1 tr\u1ecb t\u01b0\u01a1ng \u0111\u1ed1i v\u00e0 t\u00ednh h\u1ea5p d\u1eabn c\u1ee7a m\u1ed7i c\u00f4ng ty trong qu\u00e1 tr\u00ecnh ph\u00e2n t\u00edch \u0111\u1ecbnh gi\u00e1 c\u1ed5 phi\u1ebfu v\u00e0 l\u1ef1a ch\u1ecdn \u0111\u1ea7u t\u01b0.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"App_dau_tu_chung_khoan_danh_cho_nguoi_moi_bat_dau\"><\/span>App \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n d\u00e0nh cho ng\u01b0\u1eddi m\u1edbi b\u1eaft \u0111\u1ea7u<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u0110\u1ea7u t\u01b0\u00a0c\u1ed5 phi\u1ebfu\u00a0l\u00f4 l\u1ebb v\u1edbi gi\u00e1 c\u1ef1c th\u1ea5p \u2013 tr\u1ea3i nghi\u1ec7m l\u00e0m c\u1ed5 \u0111\u00f4ng c\u00e1c c\u00f4ng ty l\u1edbn v\u1edbi s\u1ed1 v\u1ed1n nh\u1ecf. B\u1ea1n c\u00f3 th\u1ec3 m\u1edf t\u00e0i kho\u1ea3n\u00a0<a href=\"https:\/\/www.infina.vn\/chung-khoan\">ch\u1ee9ng kho\u00e1n<\/a>\u00a0tr\u1ef1c ti\u1ebfp t\u1ea1i app <a href=\"https:\/\/infina.vn\" data-internallinksmanager029f6b8e52c=\"2\" title=\"Infina\" target=\"_blank\" rel=\"noopener\">Infina<\/a> v\u00e0 giao d\u1ecbch ch\u1ee9ng kho\u00e1n l\u00f4 ch\u1eb5n v\u00e0 l\u00f4 l\u1ebb v\u1edbi s\u1ed1 v\u1ed1n c\u1ef1c th\u1ea5p ch\u1ec9 t\u1eeb 10.000\u0111.<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/infina.sng.link\/A5xej\/m3tq\/i9ft\" rel=\"nofollow noopener\" target=\"_blank\"><span class=\"td_btn td_btn_md td_outlined_btn\">T\u1ea2I APP NGAY!!!<\/span><\/a><\/p>\n<figure id=\"attachment_18962\" aria-describedby=\"caption-attachment-18962\" style=\"width: 1400px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/infina.sng.link\/A5xej\/m3tq\/i9ft\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" class=\"size-full wp-image-18962\" src=\"https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/09\/banner-tai-app.jpg\" alt=\"T\u1ea3i app infina\" width=\"1400\" height=\"600\" title=\"\" srcset=\"https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/09\/banner-tai-app.jpg 1400w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/09\/banner-tai-app-300x129.jpg 300w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/09\/banner-tai-app-1024x439.jpg 1024w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/09\/banner-tai-app-768x329.jpg 768w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/09\/banner-tai-app-696x298.jpg 696w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/09\/banner-tai-app-1068x458.jpg 1068w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/09\/banner-tai-app-980x420.jpg 980w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/a><figcaption id=\"caption-attachment-18962\" class=\"wp-caption-text\">Nh\u1eadn l\u1ee3i nhu\u1eadn 10,5% cho ng\u01b0\u1eddi m\u1edbi<\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Ket_luan\"><\/span><span style=\"font-weight: 400;\">K\u1ebft lu\u1eadn<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>T\u1ed5ng k\u1ebft l\u1ea1i, vi\u1ec7c s\u1eed d\u1ee5ng EBIT trong ph\u00e2n t\u00edch ch\u1ee9ng kho\u00e1n \u0111em l\u1ea1i nhi\u1ec1u l\u1ee3i \u00edch quan tr\u1ecdng cho nh\u00e0 \u0111\u1ea7u t\u01b0. EBIT gi\u00fap \u0111\u00e1nh gi\u00e1 hi\u1ec7u su\u1ea5t kinh doanh c\u1ed1t l\u00f5i c\u1ee7a m\u1ed9t c\u00f4ng ty v\u00e0 so s\u00e1nh hi\u1ec7u su\u1ea5t gi\u1eefa c\u00e1c c\u00f4ng ty trong c\u00f9ng ng\u00e0nh. N\u00f3 c\u0169ng \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng trong c\u00e1c m\u00f4 h\u00ecnh \u0111\u1ecbnh gi\u00e1 c\u1ed5 phi\u1ebfu \u0111\u1ec3 \u01b0\u1edbc t\u00ednh gi\u00e1 tr\u1ecb c\u00f4ng ty v\u00e0 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0.<\/p>\n<p>B\u1ea1n \u0111\u00e3 hi\u1ec3u EBIT l\u00e0 g\u00ec ch\u01b0a? H\u00e3y \u0111\u1ec3 l\u1ea1i b\u00ecnh lu\u1eadn ph\u00eda d\u01b0\u1edbi nh\u00e9!<\/p>\n<p>Xem th\u00eam:<\/p>\n<ul>\n<li><a href=\"https:\/\/infina.vn\/blog\/dar-la-gi\/\">Ch\u1ec9 s\u1ed1 DAR l\u00e0 g\u00ec? \u00dd ngh\u0129a c\u1ee7a DAR trong ch\u1ee9ng kho\u00e1n nh\u01b0 th\u1ebf n\u00e0o?<\/a><\/li>\n<li><a href=\"https:\/\/infina.vn\/blog\/mo-hinh-capm\/\">M\u00f4 h\u00ecnh CAPM l\u00e0 g\u00ec? T\u1ea1i sao N\u0110T c\u1ea7n s\u1eed d\u1ee5ng CAPM trong \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n?<\/a><\/li>\n<li><a href=\"https:\/\/infina.vn\/blog\/roi-la-gi\/\">Ch\u1ec9 s\u1ed1 ROI l\u00e0 g\u00ec? C\u00e1ch t\u00ednh ch\u1ec9 s\u1ed1 ROI trong marketing nh\u01b0 th\u1ebf n\u00e0o?<\/a><\/li>\n<\/ul>\n<figure id=\"attachment_15071\" aria-describedby=\"caption-attachment-15071\" style=\"width: 1400px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.facebook.com\/hashtag\/banh_mi_chung_infina\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" class=\"size-full wp-image-15071\" src=\"https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/banh-mi-chung.png\" alt=\"Nh\u1eadn \u0111\u1ecbnh c\u00e1c c\u1ed5 phi\u1ebfu ti\u1ec1m n\u0103ng ch\u1ec9 duy nh\u1ea5t c\u00f3 t\u1ea1i c\u1ed9ng \u0111\u1ed3ng Infina\" width=\"1400\" height=\"600\" title=\"\" srcset=\"https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/banh-mi-chung.png 1400w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/banh-mi-chung-300x129.png 300w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/banh-mi-chung-1024x439.png 1024w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/banh-mi-chung-768x329.png 768w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/banh-mi-chung-696x298.png 696w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/banh-mi-chung-1068x458.png 1068w, https:\/\/infina.vn\/blog\/wp-content\/uploads\/2022\/11\/banh-mi-chung-980x420.png 980w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/a><figcaption id=\"caption-attachment-15071\" class=\"wp-caption-text\">Nh\u1eadn \u0111\u1ecbnh c\u00e1c c\u1ed5 phi\u1ebfu ti\u1ec1m n\u0103ng ch\u1ec9 duy nh\u1ea5t c\u00f3 t\u1ea1i c\u1ed9ng \u0111\u1ed3ng Infina<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>&#272;&#7889;i v&#7899;i ch&#7911; doanh nghi&#7879;p v&agrave; c&aacute;c nh&agrave; &#273;&#7847;u t&#432;, vi&#7879;c n&#7855;m r&otilde; c&aacute;c ch&#7881; s&#7889; b&aacute;o c&aacute;o t&agrave;i ch&iacute;nh l&agrave; &#273;i&#7873;u c&#7847;n thi&#7871;t v&agrave; quan tr&#7885;ng &#273;&#7875; qu&#7843;n l&yacute; l&#7851;n &#273;&#432;a ra quy&#7871;t &#273;&#7883;nh &#273;&#7847;u t&#432; s&aacute;ng su&#7889;t. EBIT ch&iacute;nh l&agrave; m&#7897;t trong nh&#7919;ng ch&#7881; s&#7889; t&agrave;i ch&iacute;nh c&#7847;n &#273;&#7863;c bi&#7879;t ch&uacute; t&acirc;m &#273;&#7871;n. [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":15383,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[87],"tags":[],"class_list":{"0":"post-15382","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dau-tu-chung-khoan"},"_links":{"self":[{"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/posts\/15382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/comments?post=15382"}],"version-history":[{"count":0,"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/posts\/15382\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/media\/15383"}],"wp:attachment":[{"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/media?parent=15382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/categories?post=15382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infina.vn\/blog\/wp-json\/wp\/v2\/tags?post=15382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}