Xinyuan Real Estate Co (Xinyuan Real Estate Co) EBIT

: $76.7 Mil (TTM As of Jun. 2023)

View and export this data going back to 2007. Start your Free Trial

Xinyuan Real Estate Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was $75.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $76.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xinyuan Real Estate Co's annualized ROC % for the quarter that ended in Jun. 2023 was 13.65%. Xinyuan Real Estate Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 17.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xinyuan Real Estate Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 4.58%.

Xinyuan Real Estate Co EBIT Historical Data

The historical data trend for Xinyuan Real Estate 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.

Xinyuan Real Estate Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

341.02

339.15

196.95

-237.49

-91.69

Xinyuan Real Estate Co Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
EBIT																21.96	-259.45	-92.99	1.30	75.38

Competitive Comparison

For the Real Estate - Development subindustry, Xinyuan Real Estate 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.

Xinyuan Real Estate Co EV-to-EBIT Distribution

For the Real Estate industry and Real Estate sector, Xinyuan Real Estate Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Xinyuan Real Estate Co's EV-to-EBIT falls into.

Xinyuan Real Estate 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $76.7 Mil.

Xinyuan Real Estate Co (NYSE:XIN) EBIT Explanation

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

Xinyuan Real Estate Co's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	109.39 * ( 1 - -370.8% )	/	( (4162.727	+	3384.772)	/ 2 )
=	515.00812	/	3773.7495
=	13.65 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	5850.278	-	1591.304	-	( 295.124	-	max(0, 4792.96	-	4889.207	+	295.124	))
=	4162.727

	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	))
=	5377.401	-	1815.705	-	( 390.081	-	max(0, 4283.67	-	4460.594	+	390.081	))
=	3384.772

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

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

Xinyuan Real Estate Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	150.75	/	( ( (34.539 + max(950.924, 0))	+	(29.138 + max(747.654, 0)) )	/	2 )
=	150.75	/	( ( 985.463	+	776.792 )	/	2 )
=	150.75	/	881.1275
=	17.11 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(32.588	+	3277.057	+	695.74)	-	(1591.304	+	1453.293	+	9.8640000000005)
=	950.924

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(12.004	+	3112.657	+	376.199)	-	(1815.705	+	927.284	+	10.217000000001)
=	747.654

When net working capital is negative, 0 is used.

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

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

Xinyuan Real Estate Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	76.678	/	1673.949
	=	4.58 %

Xinyuan Real Estate Co EBIT Related Terms

Thank you for viewing the detailed overview of Xinyuan Real Estate Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Xinyuan Real Estate Co (Xinyuan Real Estate Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Xinyuan Real Estate Co Ltd (NYSE:XIN) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

3XR:Germany

Address

79 Jianguo Road, 27th Floor, China Central Place, Tower II, Chaoyang District, Beijing, CHN, 100025

Website

http://www.xyre.com

Xinyuan Real Estate Co Ltd operates as a real estate developer and property manager in China. It develops and manages large-scale, high-quality real estate projects in over ten tier one and tier two cities, including Beijing, Shanghai, Zhengzhou, Suzhou, among others. It aims to provide comfortable and convenient real estate-related products and services to middle-class consumers. Xinyuan's product portfolio consists of multiple-rise buildings, sub-high-rise buildings, and high-rise buildings, together with auxiliary services and amenities such as retail outlets, leisure and health facilities, kindergartens and schools. In addition, the company provides property management services for its projects and other real estate-related services to its customers.