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Sino-Ocean Group Holding (HKSE:03377) EBIT : HK$-17,548 Mil (TTM As of Dec. 2023)


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What is Sino-Ocean Group Holding EBIT?

Sino-Ocean Group Holding's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-17,548 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sino-Ocean Group Holding's annualized ROC % for the quarter that ended in Dec. 2023 was -0.36%. Sino-Ocean Group Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sino-Ocean Group Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -16.20%.


Sino-Ocean Group Holding EBIT Historical Data

The historical data trend for Sino-Ocean Group Holding'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.

Sino-Ocean Group Holding EBIT Chart

Sino-Ocean Group Holding 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 14,254.56 14,416.31 14,737.45 -14,589.50 -17,548.20

Sino-Ocean Group Holding 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 8,664.52 3,630.96 -18,048.59 -17,538.62 -9.61

Competitive Comparison of Sino-Ocean Group Holding's EBIT

For the Real Estate - Development subindustry, Sino-Ocean Group Holding'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.


Sino-Ocean Group Holding's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sino-Ocean Group Holding's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sino-Ocean Group Holding's EV-to-EBIT falls into.



Sino-Ocean Group Holding 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$-17,548 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.


Sino-Ocean Group Holding  (HKSE:03377) EBIT Explanation

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

Sino-Ocean Group Holding'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 )
=-368.874 * ( 1 - -62.68% )/( (167211.265 + 165124.187)/ 2 )
=-600.0842232/166167.726
=-0.36 %

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))
=236412.87 - 64445.639 - ( 4755.966 - max(0, 152042.068 - 174137.466+4755.966))
=167211.265

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))
=225506.937 - 69626.884 - ( 2882.732 - max(0, 168950.897 - 159706.763+2882.732))
=165124.187

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:

Sino-Ocean Group Holding'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 )
=-19.212/( ( (5803.068 + max(66204.794, 0)) + (5729.68 + max(13738.301, 0)) )/ 2 )
=-19.212/( ( 72007.862 + 19467.981 )/ 2 )
=-19.212/45737.9215
=-0.04 %

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)
=(72136.357 + 92262.659 + 4926.854) - (64445.639 + 0 + 38675.437)
=66204.794

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5638.71 + 85192.725 + 15400.994) - (69626.884 + 0 + 22867.244)
=13738.301

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:

Sino-Ocean Group Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-17548.223/108349.544
=-16.20 %

* 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.


Sino-Ocean Group Holding EBIT Related Terms

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Sino-Ocean Group Holding (HKSE:03377) Business Description

Traded in Other Exchanges
Address
56 Dongsihuanzhonglu, 31-33 Floor, Tower A, Ocean International Center, Chaoyang District, Beijing, CHN, 100025
Sino-Ocean Group Holding Ltd is a real estate company engaged in property development and property investment in China. The company focuses on mid-to-high-end residential property development, investment, and operation of urban property complexes and offices, property services, community O2O, senior living, medical care, shared offices, real estate funds, equity investments, asset management, and overseas investments. It operates in three segments; property development, property management, and property investment. Property development businesses are further segregated geographically into Beijing, Bohai Rim Region, Eastern China, Southern China, Central China, and Western China.
Executives
Da Jia Bao Xian Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
An Bang Ren Shou Bao Xian Gu Fen You Xian Gong Si 2101 Beneficial owner

Sino-Ocean Group Holding (HKSE:03377) Headlines

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