Deewin Tianxia Co (HKSE:02418) EBIT : HK$276 Mil (TTM As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Deewin Tianxia Co EBIT?

Deewin Tianxia Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$276 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Deewin Tianxia Co's annualized ROC % for the quarter that ended in Dec. 2023 was 2.85%. Deewin Tianxia Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 125.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Deewin Tianxia Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.89%.

Deewin Tianxia Co EBIT Historical Data

The historical data trend for Deewin Tianxia 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.

Deewin Tianxia Co EBIT Chart

Deewin Tianxia Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

351.46

477.84

552.67

346.34

276.17

Deewin Tianxia Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial			210.86	199.41	156.38	179.42	96.75

Competitive Comparison of Deewin Tianxia Co's EBIT

For the Auto & Truck Dealerships subindustry, Deewin Tianxia 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.

Deewin Tianxia Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Deewin Tianxia Co's EV-to-EBIT distribution charts can be found below:

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

Deewin Tianxia 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$276 Mil.

Deewin Tianxia Co (HKSE:02418) EBIT Explanation

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

Deewin Tianxia 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 )
=	350.95 * ( 1 - 39.09% )	/	( (7195.815	+	7829.388)	/ 2 )
=	213.763645	/	7512.6015
=	2.85 %

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	))
=	9587.69	-	1021.68	-	( 1370.195	-	max(0, 5502.934	-	7561.074	+	1370.195	))
=	7195.815

	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	))
=	10068.047	-	1047.335	-	( 1191.324	-	max(0, 5632.984	-	7678.77	+	1191.324	))
=	7829.388

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:

Deewin Tianxia 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 )
=	193.492	/	( ( (150.547 + max(-105.471, 0))	+	(157.67 + max(-56.039, 0)) )	/	2 )
=	193.492	/	( ( 150.547	+	157.67 )	/	2 )
=	193.492	/	154.1085
=	125.56 %

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)
=	(775.533	+	101.471	+	126.029)	-	(1021.68	+	0	+	86.824)
=	-105.471

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(857.811	+	48.014	+	149.499)	-	(1047.335	+	0	+	64.028)
=	-56.039

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	276.165	/	7097.008
	=	3.89 %

Deewin Tianxia Co EBIT Related Terms

Thank you for viewing the detailed overview of Deewin Tianxia Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Deewin Tianxia Co (HKSE:02418) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Deewin Tianxia Co Ltd (HKSE:02418) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 West Section of Xijin Road, Building 1, Jingwei Centre, 16th Floor, Unit 1, Economic and Technological Development Zone, Jingwei New City, Shaanxi, Xi’an, CHN

Website

http://www.deewintx.com

Deewin Tianxia Co Ltd is principally engaged in the business of logistics and supply chain service including supply chain business, automobile sales business and aftermarket product business, supply chain financial service including financial leasing business, factoring business and insurance brokerage business, and internet of vehicle and data service in China to players along the commercial automobile industry chain. Commercial automobiles, mainly include trucks, pickups, trailers, buses and lorries.

Executives

Jian Xin Xin Tuo Jian Hang Hao Dan Yi Zi Jin Xin Tuo Ji Hua
Hai Nan Tian Kun Tian Zhi Si Mu Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Hai Nan Tian Kun Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Guo Ji Xin Tuo You Xian Gong Si	2301 Trustee
Guo Tou Tai Kang Xin Tuo You Xian Gong Si	2301 Trustee
Hwabao Trust Co., Ltd	2301 Trustee
Shan Xi Qi Che Kong Gu Ji Tuan You Xian Gong Si
Shan Xi Qi Che Ji Tuan Gu Fen You Xian Gong Si
Shan Xi Zhong Xing Qi Che You Xian Gong Si

Deewin Tianxia Co (HKSE:02418) Headlines

No Headlines