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Sino Oil and Gas Holdings (HKSE:00702) EBIT : HK$-782.4 Mil (TTM As of Dec. 2023)


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What is Sino Oil and Gas Holdings EBIT?

Sino Oil and Gas Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-828.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-782.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sino Oil and Gas Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 3.04%. Sino Oil and Gas Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -73.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sino Oil and Gas Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -33.57%.


Sino Oil and Gas Holdings EBIT Historical Data

The historical data trend for Sino Oil and Gas Holdings'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.

Sino Oil and Gas Holdings EBIT Chart

Sino Oil and Gas Holdings 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 16.07 16.68 -556.14 -267.61 -782.41

Sino Oil and Gas Holdings 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 -451.60 34.23 -301.84 46.01 -828.42

Competitive Comparison of Sino Oil and Gas Holdings's EBIT

For the Thermal Coal subindustry, Sino Oil and Gas Holdings'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.


Sino Oil and Gas Holdings's EV-to-EBIT Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Sino Oil and Gas Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sino Oil and Gas Holdings's EV-to-EBIT falls into.



Sino Oil and Gas Holdings 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$-782.4 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.


Sino Oil and Gas Holdings  (HKSE:00702) EBIT Explanation

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

Sino Oil and Gas Holdings'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 )
=166.102 * ( 1 - -4.8% )/( (6088.727 + 5361.048)/ 2 )
=174.074896/5724.8875
=3.04 %

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))
=4444.384 - 1105.342 - ( 66.233 - max(0, 2893.685 - 144+66.233))
=6088.727

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))
=3731.764 - 1316.292 - ( 81.444 - max(0, 3139.832 - 194.256+81.444))
=5361.048

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:

Sino Oil and Gas Holdings'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 )
=-1656.838/( ( (2418.378 + max(-1081.277, 0)) + (2077.392 + max(-1256.87, 0)) )/ 2 )
=-1656.838/( ( 2418.378 + 2077.392 )/ 2 )
=-1656.838/2247.885
=-73.71 %

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)
=(14.277 + 18.695 + 11.89) - (1105.342 + 0 + 20.797)
=-1081.277

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(55.959 + 13.702 + 16.685) - (1316.292 + 0 + 26.924)
=-1256.87

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:

Sino Oil and Gas Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-782.408/2330.636
=-33.57 %

* 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.


Sino Oil and Gas Holdings EBIT Related Terms

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Sino Oil and Gas Holdings (HKSE:00702) Business Description

Traded in Other Exchanges
N/A
Address
188 Connaught Road West, Room 3710, 37th Floor, Hong Kong Plaza, Hong Kong, HKG
Sino Oil and Gas Holdings Ltd is an investment holding company. It operates in four segments, namely Coalbed methane, which includes exploration, development, and production of coalbed methane; Raw & cleaned coal, which consists of raw coal washing and sale of raw and cleaned coal; Oil and gas exploitation segment is into exploitation and sale of crude oil and natural gas; and Financial Services. The group generates majority of its revenues from Raw and cleaned coal segment. It geographically earns revenues from the People's Republic of China.
Executives
China Lidai International Asset Investment Limited 2101 Beneficial owner
Top Resource & Lidai Investment Limited 2101 Beneficial owner
Dai Xiaobing 2201 Interest of corporation controlled by you
Tian Hao Neng Yuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
China Huarong (macau) International Company Limited 2201 Interest of corporation controlled by you
Chen Jiajun
Liang Da Tou Zi You Xian Gong Si
Sino Oil And Gas Resources Limited
Lai Chun Lam
Zhang Victor Ri Chun
Zhuo Kun 2101 Beneficial owner
Zhang Yongdong 2101 Beneficial owner

Sino Oil and Gas Holdings (HKSE:00702) Headlines

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