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China Electronics Optics Valley Union Holding Co (HKSE:00798) EBIT : HK$1,316 Mil (TTM As of Jun. 2024)


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What is China Electronics Optics Valley Union Holding Co EBIT?

China Electronics Optics Valley Union Holding Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$223 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$1,316 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Electronics Optics Valley Union Holding Co's annualized ROC % for the quarter that ended in Jun. 2024 was 0.17%. China Electronics Optics Valley Union Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 7.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Electronics Optics Valley Union Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 13.77%.


China Electronics Optics Valley Union Holding Co EBIT Historical Data

The historical data trend for China Electronics Optics Valley Union Holding 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.

China Electronics Optics Valley Union Holding Co EBIT Chart

China Electronics Optics Valley Union Holding Co 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 1,357.49 1,252.27 1,658.04 1,404.90 1,416.41

China Electronics Optics Valley Union Holding Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 367.83 1,054.48 323.68 1,092.73 222.89

Competitive Comparison of China Electronics Optics Valley Union Holding Co's EBIT

For the Real Estate Services subindustry, China Electronics Optics Valley Union Holding 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.


China Electronics Optics Valley Union Holding Co's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Electronics Optics Valley Union Holding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Electronics Optics Valley Union Holding Co's EV-to-EBIT falls into.



China Electronics Optics Valley Union Holding 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$1,316 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 Electronics Optics Valley Union Holding Co  (HKSE:00798) EBIT Explanation

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

China Electronics Optics Valley Union Holding Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=353.086 * ( 1 - 90.94% )/( (18188.888 + 19270.418)/ 2 )
=31.9895916/18729.653
=0.17 %

where

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))
=25673.143 - 5388.225 - ( 2096.03 - max(0, 9769.185 - 13714.868+2096.03))
=18188.888

Invested Capital(Q: Jun. 2024 )
=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))
=26702.282 - 5293.319 - ( 2138.545 - max(0, 11418.525 - 14783.851+2138.545))
=19270.418

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

China Electronics Optics Valley Union Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=445.782/( ( (853.329 + max(4948.987, 0)) + (931.261 + max(5441.068, 0)) )/ 2 )
=445.782/( ( 5802.316 + 6372.329 )/ 2 )
=445.782/6087.3225
=7.32 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3733.169 + 6631.552 + 530.716) - (5388.225 + 0 + 558.225)
=4948.987

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4177.264 + 7105.657 + 644.68) - (5293.319 + 0 + 1193.214)
=5441.068

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

China Electronics Optics Valley Union Holding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=1315.621/9552.319
=13.77 %

* 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 Electronics Optics Valley Union Holding Co EBIT Related Terms

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China Electronics Optics Valley Union Holding Co Business Description

Traded in Other Exchanges
N/A
Address
16 Ye Zhi Hu West Road, Building No. 1, Higher Level, Creative Capital, Hongshan District, Hubei, Wuhan, CHN
China Electronics Optics Valley Union Holding Co Ltd is an investment holding company engaged in the development of properties. The segments are Industrial Park development services; industrial investment, and industrial park operation services including design and construction services, property management services, leasing services, energy services, digital park (apartment) services, incubator and office sharing services, industrial park financial services as well as group catering and hotel services; and industrial investment this segment represents industrial-related industry investment businesses in various theme parks. The group's operations are located in Mainland China.
Executives
Huang Liping 2201 Interest of corporation controlled by you
Aaa Finance And Investment Holdings Limited 2101 Beneficial owner
China Electronics Corporation Limited 2201 Interest of corporation controlled by you
Hubei Science & Technology Investment Group (hong Kong) Company Limited 2101 Beneficial owner
Hubei Science & Technology Investment Group Co., Ltd. 2201 Interest of corporation controlled by you

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