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CHFFY (China Everbright Environment Group) EBIT : $1,256 Mil (TTM As of Jun. 2024)


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What is China Everbright Environment Group EBIT?

China Everbright Environment Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was $695 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $1,256 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Everbright Environment Group's annualized ROC % for the quarter that ended in Jun. 2024 was 5.10%. China Everbright Environment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 78.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Everbright Environment Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 8.26%.


China Everbright Environment Group EBIT Historical Data

The historical data trend for China Everbright Environment Group'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 Everbright Environment Group EBIT Chart

China Everbright Environment Group 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 1,290.76 1,502.50 1,694.74 1,373.80 1,360.69

China Everbright Environment Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 765.87 601.76 797.26 561.07 695.33

Competitive Comparison of China Everbright Environment Group's EBIT

For the Waste Management subindustry, China Everbright Environment Group'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 Everbright Environment Group's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, China Everbright Environment Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Everbright Environment Group's EV-to-EBIT falls into.



China Everbright Environment Group 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,256 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 Everbright Environment Group  (OTCPK:CHFFY) EBIT Explanation

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

China Everbright Environment Group's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=1393.55 * ( 1 - 22.69% )/( (21146.264 + 21126.895)/ 2 )
=1077.353505/21136.5795
=5.10 %

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))
=24223.773 - 2313.307 - ( 1098.262 - max(0, 5273.487 - 6037.689+1098.262))
=21146.264

Invested Capital(Q: Jun. 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))
=24257.746 - 2077.694 - ( 1053.157 - max(0, 4407.793 - 6208.65+1053.157))
=21126.895

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

China Everbright Environment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1390.664/( ( (1137.26 + max(383.035, 0)) + (1219.728 + max(805.514, 0)) )/ 2 )
=1390.664/( ( 1520.295 + 2025.242 )/ 2 )
=1390.664/1772.7685
=78.45 %

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)
=(2558.365 + 114.552 + 23.424000000001) - (2313.307 + 0 + -0.00099999999929423)
=383.035

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2740.344 + 130.498 + 12.366) - (2077.694 + 0 + 0)
=805.514

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

China Everbright Environment Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=1256.401/15218.268
=8.26 %

* 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 Everbright Environment Group EBIT Related Terms

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China Everbright Environment Group Business Description

Traded in Other Exchanges
Address
16 Harcourt Road, Room 2703, 27th Floor, Far East Finance Centre, Hong Kong, HKG
China Everbright Environment Group Ltd engages in construction and operation of environmental energy and water projects such as waste-to-energy plants, food and kitchen waste treatment projects, and sludge treatment and disposal projects. It also provides waste sorting, renewable resources utilization, and sanitation operation services. The company has several segments including Environmental energy project construction and operation, Greentech project construction and operation, Environmental water project construction and operation, and Others. Additionally, it also sells energy-saving streetlights.

China Everbright Environment Group Headlines

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