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China Unicom (Hong Kong) (FRA:XCI) EBIT : €3,492 Mil (TTM As of Jun. 2024)


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What is China Unicom (Hong Kong) EBIT?

China Unicom (Hong Kong)'s earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €2,283 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €3,492 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Unicom (Hong Kong)'s annualized ROC % for the quarter that ended in Jun. 2024 was 3.68%. China Unicom (Hong Kong)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 8.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Unicom (Hong Kong)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 11.51%.


China Unicom (Hong Kong) EBIT Historical Data

The historical data trend for China Unicom (Hong Kong)'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 Unicom (Hong Kong) EBIT Chart

China Unicom (Hong Kong) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,217.25 2,671.97 2,931.24 3,201.19 3,546.54

China Unicom (Hong Kong) Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1,037.47 2,090.01 1,118.61 2,283.48 1,208.33

Competitive Comparison of China Unicom (Hong Kong)'s EBIT

For the Telecom Services subindustry, China Unicom (Hong Kong)'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 Unicom (Hong Kong)'s EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Unicom (Hong Kong)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Unicom (Hong Kong)'s EV-to-EBIT falls into.



China Unicom (Hong Kong) 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 €3,492 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 Unicom (Hong Kong)  (FRA:XCI) EBIT Explanation

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

China Unicom (Hong Kong)'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 )
=3239.79 * ( 1 - 18.22% )/( (73442.707 + 70570.04)/ 2 )
=2649.500262/72006.3735
=3.68 %

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))
=84897.309 - 25010.282 - ( 10690.328 - max(0, 33860.24 - 20304.56+10690.328))
=73442.707

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))
=85507.39 - 26468.567 - ( 10176.012 - max(0, 33792.412 - 22261.195+10176.012))
=70570.04

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 Unicom (Hong Kong)'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 )
=4566.95/( ( (52475.974 + max(-22678.419, 0)) + (51038.592 + max(-21428.966, 0)) )/ 2 )
=4566.95/( ( 52475.974 + 51038.592 )/ 2 )
=4566.95/51757.283
=8.82 %

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)
=(4969.127 + 284.724 + 3365.836) - (25010.282 + 0 + 6287.824)
=-22678.419

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7372.378 + 538.343 + 2642.413) - (26468.567 + 0 + 5513.533)
=-21428.966

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 Unicom (Hong Kong)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=3491.801/30349.555
=11.51 %

* 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 Unicom (Hong Kong) EBIT Related Terms

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China Unicom (Hong Kong) Business Description

Traded in Other Exchanges
Address
99 Queen\'s Road, 75th Floor, The Center, Central, Hong Kong, HKG
China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As of December 2024, it had over 340 million billing wireless customers and over 120 million broadband subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China with 420,000 cabinets and its Cloud Service revenue is also showing very strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.

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