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China Merchants Port Holdings Co (China Merchants Port Holdings Co) EBIT : $1,321 Mil (TTM As of Dec. 2023)


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What is China Merchants Port Holdings Co EBIT?

China Merchants Port Holdings Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $632 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $1,321 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Merchants Port Holdings Co's annualized ROC % for the quarter that ended in Dec. 2023 was 1.89%. China Merchants Port Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 30.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Merchants Port Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.13%.


China Merchants Port Holdings Co EBIT Historical Data

The historical data trend for China Merchants Port Holdings 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.

China Merchants Port Holdings Co EBIT Chart

China Merchants Port Holdings 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 1,762.06 1,158.43 1,595.21 1,533.13 1,323.08

China Merchants Port Holdings 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 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 742.79 918.06 607.68 688.63 632.41

Competitive Comparison of China Merchants Port Holdings Co's EBIT

For the Marine Shipping subindustry, China Merchants Port Holdings 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.


China Merchants Port Holdings Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Merchants Port Holdings Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Merchants Port Holdings Co's EV-to-EBIT falls into.



China Merchants Port Holdings 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 $1,321 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.


China Merchants Port Holdings Co  (OTCPK:CMHHY) EBIT Explanation

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

China Merchants Port Holdings 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 )
=486.824 * ( 1 - 16.21% )/( (21354.527 + 21876.744)/ 2 )
=407.9098296/21615.6355
=1.89 %

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))
=22070.982 - 808.63 - ( 1379.293 - max(0, 2547.428 - 2455.253+1379.293))
=21354.527

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))
=22063.817 - 527.414 - ( 2006.325 - max(0, 2608.133 - 2267.792+2006.325))
=21876.744

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:

China Merchants Port Holdings 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 )
=1264.822/( ( (4592.749 + max(-141.454, 0)) + (3628.134 + max(-408.204, 0)) )/ 2 )
=1264.822/( ( 4592.749 + 3628.134 )/ 2 )
=1264.822/4110.4415
=30.77 %

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)
=(188.561 + 23.873 + 565.173) - (808.63 + 0 + 110.431)
=-141.454

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(107.301 + 23.944 + 0.76899999999978) - (527.414 + 0 + 12.804)
=-408.204

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:

China Merchants Port Holdings Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1321.036/10062.858
=13.13 %

* 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.


China Merchants Port Holdings Co EBIT Related Terms

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China Merchants Port Holdings Co (China Merchants Port Holdings Co) Business Description

Traded in Other Exchanges
Address
168-200 Connaught Road Central, 38th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
China Merchants Port Holdings Co Ltd is a port operator. It has a geographically diversified port network stretching across China's coastline, as well as growing exposure in overseas ports. The company also provides bonded logistic park operation, along with property development through its associates and joint-controlled entities. Its operating segment includes Ports operation and Other operations. The company generates maximum revenue from the Ports operation segment.

China Merchants Port Holdings Co (China Merchants Port Holdings Co) Headlines

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