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China Resources and Transportation Group (FRA:ZP3C) EBIT : €-437.03 Mil (TTM As of Sep. 2022)


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What is China Resources and Transportation Group EBIT?

China Resources and Transportation Group's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2022 was €0.20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was €-437.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Resources and Transportation Group's annualized ROC % for the quarter that ended in Sep. 2022 was 0.04%. China Resources and Transportation Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 0.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Resources and Transportation Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -23.49%.


China Resources and Transportation Group EBIT Historical Data

The historical data trend for China Resources and Transportation Group'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.

China Resources and Transportation Group EBIT Chart

China Resources and Transportation Group Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -47.59 -10.79 -275.23 -23.68 -434.43

China Resources and Transportation Group Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.53 -9.33 2.64 -437.23 0.20

Competitive Comparison of China Resources and Transportation Group's EBIT

For the Infrastructure Operations subindustry, China Resources and Transportation Group'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.


China Resources and Transportation Group's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Resources and Transportation Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Resources and Transportation Group's EV-to-EBIT falls into.



China Resources and Transportation Group 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 Sep. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-437.03 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.


China Resources and Transportation Group  (FRA:ZP3C) EBIT Explanation

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

China Resources and Transportation Group's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=1.246 * ( 1 - 0% )/( (2924.26 + 2988.715)/ 2 )
=1.246/2956.4875
=0.04 %

where

Invested Capital(Q: Mar. 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))
=1126.901 - 877.911 - ( 4.805 - max(0, 2780.623 - 105.353+4.805))
=2924.26

Invested Capital(Q: Sep. 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))
=1188.835 - 969.808 - ( 6.943 - max(0, 2899.058 - 129.37+6.943))
=2988.715

Note: The Operating Income data used here is two times the semi-annual (Sep. 2022) data.

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

China Resources and Transportation Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.406/( ( (38.75 + max(-777.915, 0)) + (43.872 + max(-847.899, 0)) )/ 2 )
=0.406/( ( 38.75 + 43.872 )/ 2 )
=0.406/41.311
=0.98 %

where Working Capital is:

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(91.335 + 0.011 + 9.202) - (877.911 + 0 + 0.55200000000013)
=-777.915

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(114.615 + 0.01 + 7.802) - (969.808 + 0 + 0.51800000000003)
=-847.899

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2022) EBIT data.

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

China Resources and Transportation Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=-437.029/1860.608
=-23.49 %

* 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.


China Resources and Transportation Group EBIT Related Terms

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China Resources and Transportation Group (FRA:ZP3C) Business Description

Traded in Other Exchanges
N/A
Address
145 Hennessy Road, 22nd Floor, On Hong Commercial Building, Wan Chai, Hong Kong, HKG
China Resources and Transportation Group Ltd is a China-based company. It operates through various business segments that are Expressway Operations, which includes operations, management, maintenance and auxiliary facility investment of Zhunxing Expressway; CNG gas stations operation includes operation of CNG gas stations; and Other Operations, which includes sales of timber logs from forest concession, tree plantation area and outside suppliers, sales of seedlings and refined plant oil. The Expressway Operations segment generates maximum revenue for the company. Geographically, the company has business operations in China, Hong Kong and Australia.

China Resources and Transportation Group (FRA:ZP3C) Headlines

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