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Ping An Healthcare And Technology Co (HKSE:01833) EBIT : HK$-355 Mil (TTM As of Dec. 2023)


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What is Ping An Healthcare And Technology Co EBIT?

Ping An Healthcare And Technology Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-93 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-355 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ping An Healthcare And Technology Co's annualized ROC % for the quarter that ended in Dec. 2023 was -10.43%. Ping An Healthcare And Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -89.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ping An Healthcare And Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -96.28%.


Ping An Healthcare And Technology Co EBIT Historical Data

The historical data trend for Ping An Healthcare And Technology 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.

Ping An Healthcare And Technology Co EBIT Chart

Ping An Healthcare And Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only -802.21 -1,108.80 -1,852.35 -698.03 -355.49

Ping An Healthcare And Technology Co Semi-Annual Data
Dec15 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 -790.81 -533.53 -189.75 -262.75 -92.74

Competitive Comparison of Ping An Healthcare And Technology Co's EBIT

For the Health Information Services subindustry, Ping An Healthcare And Technology 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.


Ping An Healthcare And Technology Co's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ping An Healthcare And Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ping An Healthcare And Technology Co's EV-to-EBIT falls into.



Ping An Healthcare And Technology 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$-355 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.


Ping An Healthcare And Technology Co  (HKSE:01833) EBIT Explanation

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

Ping An Healthcare And Technology 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 )
=-516.678 * ( 1 - -2.69% )/( (5279.276 + 4896.889)/ 2 )
=-530.5766382/5088.0825
=-10.43 %

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))
=18224.505 - 1777.851 - ( 12508.595 - max(0, 3427.524 - 14594.902+12508.595))
=5279.276

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))
=18069.272 - 1982.669 - ( 12410.567 - max(0, 3387.516 - 14577.23+12410.567))
=4896.889

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:

Ping An Healthcare And Technology 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 )
=-185.476/( ( (233.068 + max(-1560.087, 0)) + (182.26 + max(-1409.722, 0)) )/ 2 )
=-185.476/( ( 233.068 + 182.26 )/ 2 )
=-185.476/207.664
=-89.32 %

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)
=(1088.187 + 177.796 + 531.226) - (1777.851 + 0 + 1579.445)
=-1560.087

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1302.026 + 217.197 + 410.859) - (1982.669 + 0 + 1357.135)
=-1409.722

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:

Ping An Healthcare And Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-355.486/369.210
=-96.28 %

* 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.


Ping An Healthcare And Technology Co EBIT Related Terms

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Ping An Healthcare And Technology Co (HKSE:01833) Business Description

Traded in Other Exchanges
Address
No. 166, Kaibin Road, Shanghai Ping An Building, 17th-19th Floor, Block B, Shanghai, CHN
Ping An Healthcare and Technology is the parent of Ping An Good Doctor, or PAGD, an online platform offering healthcare services in the form of a health maintenance organization, or HMO, model that provides commercial healthcare services and offers healthcare checkup, healthcare management, and corporate reimbursement for a fee. The company leverages the network of health providers from its parent Ping An Group, where it enters into contracts with physicians, hospitals, and specialists to offer their services to HMO participants. Other than commercial healthcare premium services, PAGD offers online consultations and prescription e-commerce online to individuals. The platform has 978 corporate clients and 43 million paying users. PAGD is 38.43% owned by its parent company.
Executives
Sounda Properties Limited 2201 Interest of corporation controlled by you
Hopson Development Holdings Limited 2201 Interest of corporation controlled by you
Chu Mang Yee 2201 Interest of corporation controlled by you
Hsbc Holdings Plc 2302 Custodian
Morgan Stanley 2201 Interest of corporation controlled by you
Dou Wenwei 2201 Interest of corporation controlled by you
Wang Wenjun 2201 Interest of corporation controlled by you
Bang Qi Jian You Xian Gong Si 2101 Beneficial owner
Zhong Guo Ping An Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
An Ke Ji Shu You Xian Gong Si 2201 Interest of corporation controlled by you
An Xin You Xian Gong Si 2101 Beneficial owner

Ping An Healthcare And Technology Co (HKSE:01833) Headlines

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