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China Overseas Property Holdings (China Overseas Property Holdings) EBIT : $231 Mil (TTM As of Jun. 2023)


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What is China Overseas Property Holdings EBIT?

China Overseas Property Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was $126 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $231 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Overseas Property Holdings's annualized ROC % for the quarter that ended in Jun. 2023 was 39.04%. China Overseas Property Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 1,043.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Overseas Property Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 18.00%.


China Overseas Property Holdings EBIT Historical Data

The historical data trend for China Overseas Property 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 Overseas Property Holdings EBIT Chart

China Overseas Property Holdings 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 97.75 120.59 169.38 217.37 231.75

China Overseas Property Holdings Semi-Annual Data
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 99.33 90.37 126.27 126.32 105.05

Competitive Comparison of China Overseas Property Holdings's EBIT

For the Real Estate Services subindustry, China Overseas Property 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 Overseas Property Holdings's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Overseas Property Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Overseas Property Holdings's EV-to-EBIT falls into.



China Overseas Property 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $231 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 Overseas Property Holdings  (OTCPK:CNPPF) EBIT Explanation

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

China Overseas Property Holdings's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=248.96 * ( 1 - 25.89% )/( (489.999 + 455.173)/ 2 )
=184.504256/472.586
=39.04 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=1300.048 - 402.807 - ( 602.553 - max(0, 816.503 - 1223.745+602.553))
=489.999

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))
=1318.193 - 420.529 - ( 544.548 - max(0, 796.528 - 1239.019+544.548))
=455.173

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

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

China Overseas Property Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=252.64/( ( (25.325 + max(-401.409, 0)) + (23.08 + max(-316.768, 0)) )/ 2 )
=252.64/( ( 25.325 + 23.08 )/ 2 )
=252.64/24.2025
=1,043.86 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(274.745 + 124.696 + 0.00099999999974898) - (402.807 + 0 + 398.044)
=-401.409

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(354.421 + 114.338 + 0) - (420.529 + 0 + 364.998)
=-316.768

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

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

China Overseas Property Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=231.372/1285.119
=18.00 %

* 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 Overseas Property Holdings EBIT Related Terms

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China Overseas Property Holdings (China Overseas Property Holdings) Business Description

Traded in Other Exchanges
Address
1 Queen’s Road East, Suite 703, 7th Floor, Three Pacific Place, Hongkong, HKG
China Overseas Property Holdings Ltd is an investment holding company. The business activities of the group functioned through Property Management Services and Value-added Services and Car parking spaces trading business. Property Management Services division provides services such as security, repairs and maintenance, cleaning and garden landscape maintenance, pre-delivery services, and engineering service quality monitoring. Value-added services include engineering services such as automation consulting, engineering product sales, equipment upgrade services, community leasing, and other services. In addition the group is also involved in trading of various types of car parking spaces. The company derives the majority of revenue from Property Management Services.

China Overseas Property Holdings (China Overseas Property Holdings) Headlines

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