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CNT Group (HKSE:00701) EBIT : HK$-73.8 Mil (TTM As of Dec. 2023)


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What is CNT Group EBIT?

CNT Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-76.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-73.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CNT Group's annualized ROC % for the quarter that ended in Dec. 2023 was 1.60%. CNT Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -25.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CNT Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -14.24%.


CNT Group EBIT Historical Data

The historical data trend for CNT 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.

CNT Group EBIT Chart

CNT Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 238.00 -86.93 -28.83 -112.18 -73.77

CNT Group 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 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 -33.61 -55.25 -56.93 3.02 -76.79

Competitive Comparison of CNT Group's EBIT

For the Specialty Chemicals subindustry, CNT 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.


CNT Group's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, CNT Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CNT Group's EV-to-EBIT falls into.



CNT 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-73.8 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.


CNT Group  (HKSE:00701) EBIT Explanation

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

CNT Group'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 )
=26.324 * ( 1 - 4.41% )/( (1636.26 + 1514.54)/ 2 )
=25.1631116/1575.4
=1.60 %

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))
=2127.939 - 289.314 - ( 321.258 - max(0, 555.613 - 757.978+321.258))
=1636.26

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))
=1955.433 - 270.598 - ( 260.392 - max(0, 445.627 - 615.922+260.392))
=1514.54

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:

CNT Group'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 )
=-153.58/( ( (497.904 + max(147.406, 0)) + (481.516 + max(68.158, 0)) )/ 2 )
=-153.58/( ( 645.31 + 549.674 )/ 2 )
=-153.58/597.492
=-25.70 %

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)
=(298.53 + 29.065 + 109.125) - (289.314 + 0 + 0)
=147.406

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(156.933 + 27.353 + 154.47) - (270.598 + 0 + 0)
=68.158

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:

CNT Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-73.766/518.165
=-14.24 %

* 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.


CNT Group EBIT Related Terms

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CNT Group (HKSE:00701) Business Description

Traded in Other Exchanges
N/A
Address
338 Hennessy Road, 28th Floor, Unit E, CNT Tower, Wanchai, Hong Kong, HKG
CNT Group Ltd is principally engaged in the manufacture and sale of paint products, property investment, iron and steel trading, and investment holding activities. The company operates through the business segments are, The Paint products segment engages in the manufacture and sale of paint products. The Property investment segment comprises the investment in residential, commercial and industrial premises for their rental income potential and development and sale of properties. The Iron and steel trading segment comprises the trading of iron and steel products and related investments. The Hotel business segment, and the other segment comprises, principally, investment holding and securities trading. Majority of the company's revenue comes from the Paint products segment in Mainland China.
Executives
Prime Surplus Limited 2101 Beneficial owner
Ho Mei Po, Mabel 2202 Interest of your spouse
Tsui Ho Chuen, Philip 2201 Interest of corporation controlled by you
Polygold Holdings Limited 2201 Interest of corporation controlled by you
Rapid Growth Ltd. 2301 Trustee
Xie Jian Ming 2201 Interest of corporation controlled by you

CNT Group (HKSE:00701) Headlines

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