EVGRF (China Evergrande New Energy Vehicle Group) EBIT: $-3,246.3 Mil (TTM As of Jun. 2024)


EVGRF China Evergrande New Energy Vehicle Group Ltd EVGRF
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What is China Evergrande New Energy Vehicle Group EBIT?

China Evergrande New Energy Vehicle Group EVGRF 4 EBIT is $-3,246.3 Mil as of Jun. 2024. GuruFocus rates EVGRF with a GF Score™ of 4/100.

China Evergrande New Energy Vehicle Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was $-2,660.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $-3,246.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Evergrande New Energy Vehicle Group's annualized ROC % for the quarter that ended in Jun. 2024 was -4.31%. China Evergrande New Energy Vehicle Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -319.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Evergrande New Energy Vehicle Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -77.41%.

China Evergrande New Energy Vehicle Group  (OTCPK:EVGRF) EBIT Explanation

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

China Evergrande New Energy Vehicle 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 )
=-185.886 * ( 1 - -0% )/( (4416.158 + 4208.938)/ 2 )
=-185.886/4312.548
=-4.31 %

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))
=4880.923 - 5797.55 - ( 18.147 - max(0, 8041.694 - 2708.909+18.147))
=4416.158

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))
=2256.316 - 6158.516 - ( 5.497 - max(0, 8421.679 - 310.541+5.497))
=4208.938

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 Evergrande New Energy Vehicle 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 )
=-5321.384/( ( (1758.074 + max(-5882.416, 0)) + (1573.44 + max(-6301.9, 0)) )/ 2 )
=-5321.384/( ( 1758.074 + 1573.44 )/ 2 )
=-5321.384/1665.757
=-319.46 %

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)
=(5.602 + 55.126 + 96.869) - (5797.55 + 0 + 242.463)
=-5882.416

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.131 + 51.667 + 88.714) - (6158.516 + 0 + 288.896)
=-6301.9

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 Evergrande New Energy Vehicle Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-3246.333/4193.620
=-77.41 %

* 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 Evergrande New Energy Vehicle Group EBIT Related Terms

China Evergrande New Energy Vehicle Group EBIT Historical Data

* Premium members only.

The historical data trend for China Evergrande New Energy Vehicle 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.

China Evergrande New Energy Vehicle Group EBIT Chart

China Evergrande New Energy Vehicle Group Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -306.93 -696.37 -4,114.38 -2,087.45 -1,264.76

China Evergrande New Energy Vehicle 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 -438.92 -1,665.94 -677.11 -585.64 -2,660.69

EVGRF vs JYNT, AONC, TOI: EBIT Comparison

For the Medical Care Facilities subindustry, China Evergrande New Energy Vehicle 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 Evergrande New Energy Vehicle Group EV-to-EBIT vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, China Evergrande New Energy Vehicle Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Evergrande New Energy Vehicle Group's EV-to-EBIT falls into.


EVGRF
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China Evergrande New Energy Vehicle Group Ltd EVGRF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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China Evergrande New Energy Vehicle 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 $-3,246.3 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-3,246.3 Mil mean?
China Evergrande New Energy Vehicle Group (EVGRF) has a EBIT of $-3,246.3 Mil as of Jun. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on China Evergrande New Energy Vehicle Group.
Is China Evergrande New Energy Vehicle Group's EBIT too high?
China Evergrande New Energy Vehicle Group's current EBIT is $-3,246.3 Mil. Overall, China Evergrande New Energy Vehicle Group has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does China Evergrande New Energy Vehicle Group's EBIT compare to JYNT and AONC?
China Evergrande New Energy Vehicle Group's EBIT of $-3,246.3 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Healthcare Providers & Services company?
A good EBIT depends on the Healthcare Providers & Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on China Evergrande New Energy Vehicle Group. China Evergrande New Energy Vehicle Group's current EBIT is $-3,246.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Evergrande New Energy Vehicle Group stock overvalued right now?
China Evergrande New Energy Vehicle Group (EVGRF) has a current EBIT of $-3,246.3 Mil. The current EBIT is $-3,246.3 Mil. China Evergrande New Energy Vehicle Group's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For China Evergrande New Energy Vehicle Group (EVGRF), the current EBIT is $-3,246.3 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Evergrande New Energy Vehicle Group Business Description

Address No. 78 Huangpu Avenue West, 28th Floor, Evergrande International Center, Guangdong Province, Guangzhou, CHN, 510620
China Evergrande New Energy Vehicle Group Ltd is engaged in the technology research and development, production, and sales of new energy vehicles. It is also involved in community health management, international hospitals, and the elderly care and rehabilitation business. The company's operating segments include Health Management and New Energy Vehicle. It generates most of its revenues from Health Management segment.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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