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CGN Power Co (CGN Power Co) EBIT : $3,149 Mil (TTM As of Mar. 2024)


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What is CGN Power Co EBIT?

CGN Power Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $1,076 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $3,149 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CGN Power Co's annualized ROC % for the quarter that ended in Mar. 2024 was 5.70%. CGN Power Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CGN Power Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.07%.


CGN Power Co EBIT Historical Data

The historical data trend for CGN Power 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.

CGN Power Co EBIT Chart

CGN Power 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 3,465.87 3,764.42 3,926.71 3,564.93 3,634.27

CGN Power Co Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 1,096.90 1,142.54 930.85 - 1,075.99

Competitive Comparison of CGN Power Co's EBIT

For the Utilities - Independent Power Producers subindustry, CGN Power 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.


CGN Power Co's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CGN Power Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CGN Power Co's EV-to-EBIT falls into.



CGN Power 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 $3,149 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.


CGN Power Co  (OTCPK:CGNWF) EBIT Explanation

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

CGN Power 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 )
=3698.068 * ( 1 - 15.49% )/( (54678.02 + 55054.392)/ 2 )
=3125.2372668/54866.206
=5.70 %

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))
=58156.684 - 4122.923 - ( 2181.388 - max(0, 10838.291 - 10194.032+2181.388))
=54678.02

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))
=58206.991 - 3808.659 - ( 2682.257 - max(0, 11256.079 - 10600.019+2682.257))
=55054.392

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

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

CGN Power 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 )
=4303.944/( ( (43013.015 + max(3042.047, 0)) + (42250.747 + max(-570.972, 0)) )/ 2 )
=4303.944/( ( 46055.062 + 42250.747 )/ 2 )
=4303.944/44152.9045
=9.75 %

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)
=(1656.338 + 2881.224 + 3034.935) - (4122.923 + 0 + 407.527)
=3042.047

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1590.755 + 2693.889 + 3212.173) - (3808.659 + 0 + 4259.13)
=-570.972

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:

CGN Power Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=3149.375/51874.232
=6.07 %

* 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.


CGN Power Co EBIT Related Terms

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CGN Power Co (CGN Power Co) Business Description

Traded in Other Exchanges
Address
No. 2002 Shennan Road, 18th Floor, South Tower, CGN Building, Futian District, Guangdong Province, Shenzhen, CHN, 518026
CGN Power is a major nuclear power producer in China. It operates 26 nuclear power generating units (total installed capacity of 29.4 gigawatts), with 14 units in Guangdong and the rest in Guangxi, Fujian, and Liaoning provinces as of end-2022. CGN is adding capacity of 8.4 gigawatts into its operations over the next five years. State-owned China General Nuclear Power, controls about 58.9% of CGN Power.

CGN Power Co (CGN Power Co) Headlines

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