CCID Consulting Co (HKSE:02176) EBIT : HK$86.0 Mil (TTM As of Dec. 2023)

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What is CCID Consulting Co EBIT?

CCID Consulting Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$56.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$86.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CCID Consulting Co's annualized ROC % for the quarter that ended in Dec. 2023 was 47.10%. CCID Consulting Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 700.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CCID Consulting Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 31.02%.

CCID Consulting Co EBIT Historical Data

The historical data trend for CCID Consulting 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.

CCID Consulting Co EBIT Chart

CCID Consulting Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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82.74

35.70

58.44

33.33

86.05

CCID Consulting 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															33.37	-14.28	46.93	29.96	56.09

Competitive Comparison of CCID Consulting Co's EBIT

For the Information Technology Services subindustry, CCID Consulting 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.

CCID Consulting Co's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, CCID Consulting Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CCID Consulting Co's EV-to-EBIT falls into.

CCID Consulting 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$86.0 Mil.

CCID Consulting Co (HKSE:02176) EBIT Explanation

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

CCID Consulting 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 )
=	113.936 * ( 1 - 23.17% )	/	( (177.94	+	193.783)	/ 2 )
=	87.5370288	/	185.8615
=	47.10 %

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	))
=	406.862	-	70.009	-	( 300.105	-	max(0, 214.567	-	373.48	+	300.105	))
=	177.94

	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	))
=	409.557	-	44.664	-	( 327.952	-	max(0, 201.501	-	372.611	+	327.952	))
=	193.783

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:

CCID Consulting 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 )
=	112.176	/	( ( (13.305 + max(-160.886, 0))	+	(18.728 + max(-157.161, 0)) )	/	2 )
=	112.176	/	( ( 13.305	+	18.728 )	/	2 )
=	112.176	/	16.0165
=	700.38 %

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)
=	(53.355	+	0	+	0.32600000000002)	-	(70.009	+	0	+	144.558)
=	-160.886

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(41.423	+	0	+	1.422)	-	(44.664	+	0	+	155.342)
=	-157.161

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:

CCID Consulting Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	86.048	/	277.377
	=	31.02 %

CCID Consulting Co EBIT Related Terms

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CCID Consulting Co (HKSE:02176) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CCID Consulting Co Ltd (HKSE:02176) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

CCX:Germany

Address

66 Zizhuyuan Road, 10th Floor, CCID Plaza, Haidian District, Beijing, CHN, 100048

Website

http://www.ccidconsulting.com

CCID Consulting Co Ltd is engaged in the provision of management and strategic consultancy services, market consultancy services, information engineering supervision services, data information design services, training courses services and subscription to information system services, and conference consultation and exhibition services. The company is also engaged in the provision of industry spatial management services which is included in the management and strategic consultancy services segment. The company operates in the PRC.

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