China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) EBIT : $55 Mil (TTM As of Sep. 2023)

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What is China Resources Building Materials Technology Holdings EBIT?

China Resources Building Materials Technology Holdings's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $39 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $55 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Resources Building Materials Technology Holdings's annualized ROC % for the quarter that ended in Sep. 2023 was -0.14%. China Resources Building Materials Technology Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 3.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Resources Building Materials Technology Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 1.91%.

China Resources Building Materials Technology Holdings EBIT Historical Data

The historical data trend for China Resources Building Materials Technology Holdings'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.

China Resources Building Materials Technology Holdings EBIT Chart

China Resources Building Materials Technology Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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1,596.16

1,568.04

1,350.43

333.37

203.03

China Resources Building Materials Technology Holdings Quarterly Data
	Jun16	Sep16	Dec16	Jun17	Sep17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															15.22	19.50	-	39.43	15.24

Competitive Comparison of China Resources Building Materials Technology Holdings's EBIT

For the Building Materials subindustry, China Resources Building Materials Technology Holdings'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.

China Resources Building Materials Technology Holdings's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Resources Building Materials Technology Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Resources Building Materials Technology Holdings's EV-to-EBIT falls into.

China Resources Building Materials Technology Holdings 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $55 Mil.

China Resources Building Materials Technology Holdings (OTCPK:CJRCF) EBIT Explanation

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

China Resources Building Materials Technology Holdings's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-27.196 * ( 1 - 49.67% )	/	( (9753.88	+	9431.368)	/ 2 )
=	-13.6877468	/	9592.624
=	-0.14 %

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	))
=	10551.27	-	1034.735	-	( 431.971	-	max(0, 1752.396	-	1515.051	+	431.971	))
=	9753.88

	Invested Capital		(Q: Sep. 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	))
=	10299.419	-	1135.037	-	( 349.787	-	max(0, 1562.384	-	1295.398	+	349.787	))
=	9431.368

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

China Resources Building Materials Technology Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	157.7	/	( ( (4902.412 + max(-296.8, 0))	+	(4905.746 + max(-414.889, 0)) )	/	2 )
=	157.7	/	( ( 4902.412	+	4905.746 )	/	2 )
=	157.7	/	4904.079
=	3.22 %

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)
=	(428.52	+	400.438	+	106.764)	-	(1034.735	+	0	+	197.787)
=	-296.8

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(368.878	+	346.894	+	4.375)	-	(1135.037	+	0	+	-0.00099999999997635)
=	-414.889

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

China Resources Building Materials Technology Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	54.664	/	2868.256
	=	1.91 %

China Resources Building Materials Technology Holdings EBIT Related Terms

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China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Resources Building Materials Technology Holdings Ltd (OTCPK:CJRCF) » Definitions » EBIT

Traded in Other Exchanges

CARCY:USA 01313:Hong Kong C44:Germany

Address

26 Harbour Road, Room 3001-05, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crcement.com

China Resources Building Materials Technology Holdings Ltd formerly China Resources Cement Holdings Ltd is a cement and concrete producer in Southern China. Its operations range from the excavation of limestone to the production, sale, and distribution of cement, clinker, and concrete. The company's segments are Cement and Concrete of which its majority revenue is derived from the manufacture and sale of cement products. The group products are mainly used in the construction of infrastructure projects such as railways, highways, subways, bridges, airports, ports, dams, hydroelectric power stations, and nuclear power stations, as well as the construction of high-rise buildings and the development of suburban and rural areas. Geographically, the majority is derived from Guangdong.