Jardine Cycle & Carriage (Jardine Cycle & Carriage) EBIT : $3,971 Mil (TTM As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Jardine Cycle & Carriage EBIT?

Jardine Cycle & Carriage's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $1,878 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $3,971 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jardine Cycle & Carriage's annualized ROC % for the quarter that ended in Dec. 2023 was 9.91%. Jardine Cycle & Carriage's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 57.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jardine Cycle & Carriage's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 32.19%.

Jardine Cycle & Carriage EBIT Historical Data

The historical data trend for Jardine Cycle & Carriage'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.

Jardine Cycle & Carriage EBIT Chart

Jardine Cycle & Carriage Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

2,792.50

1,670.60

2,376.50

3,366.70

3,970.80

Jardine Cycle & Carriage Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															1,385.40	1,930.30	1,436.40	2,093.00	1,877.80

Competitive Comparison of Jardine Cycle & Carriage's EBIT

For the Conglomerates subindustry, Jardine Cycle & Carriage'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.

Jardine Cycle & Carriage's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jardine Cycle & Carriage's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jardine Cycle & Carriage's EV-to-EBIT falls into.

Jardine Cycle & Carriage 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 $3,971 Mil.

Jardine Cycle & Carriage (OTCPK:JCYGY) EBIT Explanation

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

Jardine Cycle & Carriage'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 )
=	2884.6 * ( 1 - 20.84% )	/	( (21628.7	+	24434.2)	/ 2 )
=	2283.44936	/	23031.45
=	9.91 %

where

	Invested Capital		(Q: Jun. 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	))
=	31019.9	-	6402.2	-	( 3644.7	-	max(0, 9387.7	-	12376.7	+	3644.7	))
=	21628.7

	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	))
=	32393.6	-	5592.5	-	( 2837.5	-	max(0, 9197.2	-	11564.1	+	2837.5	))
=	24434.2

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:

Jardine Cycle & Carriage'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 )
=	3755.6	/	( ( (4938.8 + max(2221.3, 0))	+	(5817.7 + max(-436.4, 0)) )	/	2 )
=	3755.6	/	( ( 7160.1	+	5817.7 )	/	2 )
=	3755.6	/	6488.9
=	57.88 %

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)
=	(5963.1	+	2197.6	+	571.3)	-	(6402.2	+	0	+	108.5)
=	2221.3

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1712.4	+	2599.4	+	961.3)	-	(5592.5	+	0	+	117)
=	-436.4

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:

Jardine Cycle & Carriage's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	3970.8	/	12335.817
	=	32.19 %

Jardine Cycle & Carriage EBIT Related Terms

Thank you for viewing the detailed overview of Jardine Cycle & Carriage's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Jardine Cycle & Carriage (Jardine Cycle & Carriage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jardine Cycle & Carriage Ltd (OTCPK:JCYGY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

JCYCF:USA C07:Singapore CYC:Germany

Address

239 Alexandra Road, Singapore, SGP, 159930

Website

https://www.jcclgroup.com

Jardine Cycle & Carriage Ltd is a conglomerate focused on investments in the manufacture and distribution of motor vehicles in Southeast Asia. The company operates through three segments: Astra, direct motor interests, and other interests. The Astra segment includes the company's controlling interest in Astra International, an automotive group in Southeast Asia. Direct motor interests include automotive operations in Singapore, Malaysia, Myanmar, Indonesia, and Vietnam. The Other Strategic interests segment includes Southeast Asia investments in Siam City Cement and Refrigeration Electrical Engineering Corporation.

Jardine Cycle & Carriage (Jardine Cycle & Carriage) Headlines

From GuruFocus

Third Avenue Comments on Jardine Cycle & Carriage

By Sydnee Gatewood Sydnee Gatewood • 04-22-2021