Fosun International (FRA:FNI) EBIT : €2,182 Mil (TTM As of Jun. 2024)

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What is Fosun International EBIT?

Fosun International's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €1,263 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €2,182 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fosun International's annualized ROC % for the quarter that ended in Jun. 2024 was 0.72%. Fosun International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 24.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fosun International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 10.92%.

Fosun International EBIT Historical Data

The historical data trend for Fosun International'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.

Fosun International EBIT Chart

Fosun International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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4,799.87

3,328.11

4,749.48

2,865.93

2,561.61

Fosun International 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															1,500.69	1,427.80	1,648.05	919.41	1,262.71

Competitive Comparison of Fosun International's EBIT

For the Conglomerates subindustry, Fosun International'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.

Fosun International's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Fosun International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fosun International's EV-to-EBIT falls into.

Fosun International 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 €2,182 Mil.

Fosun International (FRA:FNI) EBIT Explanation

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

Fosun International'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 )
=	1046.704 * ( 1 - 30.72% )	/	( (99209.572	+	102844.985)	/ 2 )
=	725.1565312	/	101027.2785
=	0.72 %

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	))
=	103819.419	-	6069.487	-	( 10315.231	-	max(0, 38013.103	-	36553.463	+	10315.231	))
=	99209.572

	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	))
=	105246.802	-	5282.716	-	( 14028.914	-	max(0, 41120.622	-	38239.723	+	14028.914	))
=	102844.985

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:

Fosun International'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 )
=	2525.416	/	( ( (10647.618 + max(-21505.196, 0))	+	(10176.123 + max(-27344.086, 0)) )	/	2 )
=	2525.416	/	( ( 10647.618	+	10176.123 )	/	2 )
=	2525.416	/	10411.8705
=	24.26 %

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)
=	(1756.383	+	11508.182	+	2901.312)	-	(6069.487	+	0	+	31601.586)
=	-21505.196

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1797.247	+	11172.594	+	806.69499999999)	-	(5282.716	+	0	+	35837.906)
=	-27344.086

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:

Fosun International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	2182.122	/	19982.448
	=	10.92 %

Fosun International EBIT Related Terms

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Fosun International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Fosun International Ltd (FRA:FNI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

FOSUY:USA FOSUF:USA 00656:Hong Kong FNI:Germany

Address

3 Garden Road, Room 808, Industrial and Commercial Bank of China Building, Central, Hong Kong, HKG

Website

https://www.fosun.com

Fosun International Ltd is an investment holding company which is also a global innovation-driven consumer group dedicated to providing high-quality products and services for families around the world. The company's operating segments include Health; Happiness; Insurance; Asset Management and Intelligent Manufacturing. It generates maximum revenue from the Happiness segment. The Wealth Segment includes two major sub-segments: Insurance and Asset Management. The Happiness segment comprises principally the operation and investments in tourism and leisure, fashion consumer, and lifestyle industries. Geographically, it derives a majority of its revenue from the Chinese Mainland.