Continental Aerospace Technologies Holding (FRA:CTQ0) EBIT : €9.2 Mil (TTM As of Jun. 2024)

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What is Continental Aerospace Technologies Holding EBIT?

Continental Aerospace Technologies Holding's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €1.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €9.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Continental Aerospace Technologies Holding's annualized ROC % for the quarter that ended in Jun. 2024 was -0.24%. Continental Aerospace Technologies Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 2.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Continental Aerospace Technologies Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 12.05%.

Continental Aerospace Technologies Holding EBIT Historical Data

The historical data trend for Continental Aerospace Technologies Holding'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.

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Continental Aerospace Technologies Holding EBIT Chart

Continental Aerospace Technologies Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-8.42

-83.75

-1.16

5.01

12.24

Continental Aerospace Technologies Holding 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															6.96	-1.98	4.90	7.36	1.80

Competitive Comparison of Continental Aerospace Technologies Holding's EBIT

For the Aerospace & Defense subindustry, Continental Aerospace Technologies Holding'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.

Continental Aerospace Technologies Holding's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Continental Aerospace Technologies Holding's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Continental Aerospace Technologies Holding's EV-to-EBIT falls into.

Continental Aerospace Technologies Holding 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 €9.2 Mil.

Continental Aerospace Technologies Holding (FRA:CTQ0) EBIT Explanation

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

Continental Aerospace Technologies Holding'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 )
=	-0.928 * ( 1 - 17.66% )	/	( (307.986	+	332.673)	/ 2 )
=	-0.7641152	/	320.3295
=	-0.24 %

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	))
=	467.208	-	56.45	-	( 102.772	-	max(0, 59.514	-	204.501	+	102.772	))
=	307.986

	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	))
=	463.391	-	53.307	-	( 77.411	-	max(0, 56.476	-	200.081	+	77.411	))
=	332.673

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:

Continental Aerospace Technologies Holding'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 )
=	3.598	/	( ( (102.19 + max(38.557, 0))	+	(102.723 + max(55.83, 0)) )	/	2 )
=	3.598	/	( ( 140.747	+	158.553 )	/	2 )
=	3.598	/	149.65
=	2.40 %

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)
=	(15.199	+	75.849	+	6.184)	-	(56.45	+	0	+	2.225)
=	38.557

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(17.815	+	93.676	+	-2.8421709430404E-14)	-	(53.307	+	0	+	2.354)
=	55.83

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:

Continental Aerospace Technologies Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	9.155	/	75.992
	=	12.05 %

Continental Aerospace Technologies Holding EBIT Related Terms

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Continental Aerospace Technologies Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Continental Aerospace Technologies Holding Ltd (FRA:CTQ0) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

00232:Hong Kong

Address

95 Queensway, Unit B, 15th Floor, United Centre, Hong Kong, HKG

Website

https://www.avic.com.hk

Continental Aerospace Technologies Holding Ltd, formerly AVIC International Holding (HK) Ltd is a diversified company based in Hong Kong. It is engaged in the general aviation aircraft piston engine business, which engages in the design, development and production of general aviation aircraft piston engines and spare parts as well as the provision of aftermarket services and support for piston engines. The company generates most of the revenue from United States.

Continental Aerospace Technologies Holding Headlines

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