GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bomesc Offshore Engineering Co Ltd (SHSE:603727) » Definitions » EBIT

Bomesc Offshore Engineering Co (SHSE:603727) EBIT : ¥-30 Mil (TTM As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Bomesc Offshore Engineering Co EBIT?

Bomesc Offshore Engineering Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥38 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-30 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bomesc Offshore Engineering Co's annualized ROC % for the quarter that ended in Mar. 2024 was 7.13%. Bomesc Offshore Engineering Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 14.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bomesc Offshore Engineering Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.04%.


Bomesc Offshore Engineering Co EBIT Historical Data

The historical data trend for Bomesc Offshore Engineering 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.

Bomesc Offshore Engineering Co EBIT Chart

Bomesc Offshore Engineering 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 29.14 149.05 170.00 71.39 -89.69

Bomesc Offshore Engineering Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -21.56 -60.61 -16.97 9.45 37.84

Competitive Comparison of Bomesc Offshore Engineering Co's EBIT

For the Oil & Gas Equipment & Services subindustry, Bomesc Offshore Engineering 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.


Bomesc Offshore Engineering Co's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bomesc Offshore Engineering Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bomesc Offshore Engineering Co's EV-to-EBIT falls into.



Bomesc Offshore Engineering 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-30 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.


Bomesc Offshore Engineering Co  (SHSE:603727) EBIT Explanation

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

Bomesc Offshore Engineering Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=182.44 * ( 1 - 6.29% )/( (2473.316 + 2319.315)/ 2 )
=170.964524/2396.3155
=7.13 %

where

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))
=4800.176 - 571.594 - ( 2014.82 - max(0, 1511.225 - 3266.491+2014.82))
=2473.316

Invested Capital(Q: Mar. 2024 )
=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))
=4605.851 - 631.478 - ( 1655.058 - max(0, 1312.996 - 3073.049+1655.058))
=2319.315

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Bomesc Offshore Engineering Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=151.356/( ( (964.325 + max(66.765, 0)) + (964.454 + max(48.675, 0)) )/ 2 )
=151.356/( ( 1031.09 + 1013.129 )/ 2 )
=151.356/1022.1095
=14.81 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(316.914 + 169.663 + 411.214) - (571.594 + 0 + 259.432)
=66.765

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(280.502 + 185.091 + 397.886) - (631.478 + 0 + 183.326)
=48.675

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Bomesc Offshore Engineering Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-30.293/2908.343
=-1.04 %

* 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.


Bomesc Offshore Engineering Co EBIT Related Terms

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


Bomesc Offshore Engineering Co (SHSE:603727) Business Description

Traded in Other Exchanges
N/A
Address
No. 14, Fourth Avenue, Tianjin Economic and Technological Development Zone, Tianjin, CHN, 300457
Bomesc Offshore Engineering Co Ltd is an engineering, procurement and construction company. The company targets domestic and international markets and focuses on high-end customers in marine oil and gas development, mining, and natural gas liquefaction industries. Its main products are divided into marine oil and gas development modules and mining models. In addition, the company provides energy resources facilities for at home and abroad in the fields of offshore oil and gas development, mining and natural gas liquefaction.
Executives
Shi Lei Director

Bomesc Offshore Engineering Co (SHSE:603727) Headlines

No Headlines