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Beijing Urban Construction Design & Development Group Co (HKSE:01599) EBIT : HK$1,431 Mil (TTM As of Dec. 2023)


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What is Beijing Urban Construction Design & Development Group Co EBIT?

Beijing Urban Construction Design & Development Group Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$789 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,431 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Beijing Urban Construction Design & Development Group Co's annualized ROC % for the quarter that ended in Dec. 2023 was 5.89%. Beijing Urban Construction Design & Development Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 83.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Beijing Urban Construction Design & Development Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 21.99%.


Beijing Urban Construction Design & Development Group Co EBIT Historical Data

The historical data trend for Beijing Urban Construction Design & Development Group 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.

Beijing Urban Construction Design & Development Group Co EBIT Chart

Beijing Urban Construction Design & Development Group 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 1,114.95 1,345.03 1,564.15 1,489.14 1,431.32

Beijing Urban Construction Design & Development Group Co 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 891.96 623.51 895.14 641.83 789.49

Competitive Comparison of Beijing Urban Construction Design & Development Group Co's EBIT

For the Engineering & Construction subindustry, Beijing Urban Construction Design & Development Group 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.


Beijing Urban Construction Design & Development Group Co's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Beijing Urban Construction Design & Development Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Beijing Urban Construction Design & Development Group Co's EV-to-EBIT falls into.



Beijing Urban Construction Design & Development Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$1,431 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.


Beijing Urban Construction Design & Development Group Co  (HKSE:01599) EBIT Explanation

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

Beijing Urban Construction Design & Development Group Co'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 )
=961.584 * ( 1 - 12.75% )/( (13544.889 + 14942.219)/ 2 )
=838.98204/14243.554
=5.89 %

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))
=25271.157 - 9623.752 - ( 2614.451 - max(0, 11045.196 - 13147.712+2614.451))
=13544.889

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))
=27179.901 - 10698.893 - ( 3620.076 - max(0, 13123.092 - 14661.881+3620.076))
=14942.219

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:

Beijing Urban Construction Design & Development Group Co'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 )
=1578.974/( ( (1637.739 + max(-4149.471, 0)) + (2130.914 + max(-4427.748, 0)) )/ 2 )
=1578.974/( ( 1637.739 + 2130.914 )/ 2 )
=1578.974/1884.3265
=83.80 %

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)
=(5420.818 + 62.819 + -0.0010000000002037) - (9623.752 + 0 + 9.3549999999996)
=-4149.471

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6095.723 + 77.291 + 109.313) - (10698.893 + 0 + 11.182000000001)
=-4427.748

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:

Beijing Urban Construction Design & Development Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1431.321/6509.643
=21.99 %

* 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.


Beijing Urban Construction Design & Development Group Co EBIT Related Terms

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Beijing Urban Construction Design & Development Group Co (HKSE:01599) Business Description

Traded in Other Exchanges
Address
No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
Beijing Urban Construction Design & Development Group Co Ltd is a state-owned professional survey and design institute founded specifically for the survey and design of Beijing Subway Line. The company is engaged in design, survey and consultancy services for urban rail transit and urban rail transit related industrial and civil construction and municipal engineering projects; and construction contracting services for urban rail transit and the service concession arrangements under the build-operate-transfer arrangements. It operates in two business segments, including the Design, Survey and Consultancy segment as well as the Construction Contracting segment.
Executives
Amundi Asset Management 2102 Investment manager
Amundi Ireland Ltd 2102 Investment manager
Jing Tou Xiang Gang You Xian Gong Si 2101 Beneficial owner
Bei Jing Shi Ji Chu She Shi Tou Zi You Xian Gong Si 2101 Beneficial owner

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