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Shui On Land (HKSE:00272) EBIT : HK$5,340 Mil (TTM As of Jun. 2024)


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What is Shui On Land EBIT?

Shui On Land's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$1,319 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$5,340 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shui On Land's annualized ROC % for the quarter that ended in Jun. 2024 was 1.27%. Shui On Land's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 165.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shui On Land's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 12.02%.


Shui On Land EBIT Historical Data

The historical data trend for Shui On Land'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.

Shui On Land EBIT Chart

Shui On Land 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 729.04 8,343.52 5,612.61 5,219.51 5,328.75

Shui On Land 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 3,697.44 3,148.99 2,070.52 1,318.77 4,020.85

Competitive Comparison of Shui On Land's EBIT

For the Real Estate - Development subindustry, Shui On Land'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.


Shui On Land's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shui On Land's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shui On Land's EV-to-EBIT falls into.


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Shui On Land 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 HK$5,340 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.


Shui On Land  (HKSE:00272) EBIT Explanation

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

Shui On Land'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 )
=1939.932 * ( 1 - 35.11% )/( (100451.559 + 98511.265)/ 2 )
=1258.8218748/99481.412
=1.27 %

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))
=110469.48 - 8359.752 - ( 6283.76 - max(0, 28045.584 - 29703.753+6283.76))
=100451.559

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))
=108058.052 - 7499.202 - ( 8025.632 - max(0, 25476.402 - 27523.987+8025.632))
=98511.265

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:

Shui On Land'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 )
=2637.532/( ( (1079.56 + max(1136.437, 0)) + (965.66 + max(-1144.367, 0)) )/ 2 )
=2637.532/( ( 2215.997 + 965.66 )/ 2 )
=2637.532/1590.8285
=165.80 %

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)
=(467.044 + 3309.775 + 11544.836) - (8359.752 + 0 + 5825.466)
=1136.437

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(459.684 + 5182.48 + 5600.179) - (7499.202 + 0 + 4887.508)
=-1144.367

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:

Shui On Land's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=5339.619/44422.392
=12.02 %

* 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.


Shui On Land EBIT Related Terms

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Shui On Land Business Description

Traded in Other Exchanges
Address
333 Huai Hai Zhong Road, 26th Floor, Shui On Plaza, Shanghai, CHN, 200021
Shui On Land Ltd is an investment holding company. It develops and operates residential, office, retail, entertainment, and cultural properties. The reportable segments of the company are Property investment which comprises investment, ownership, and operation of commercial properties and provision of other rental-related services. Property management which comprises commercial and residential property management services. And Real estate asset management which comprises commercial asset management services.
Executives
Bosrich Holdings (ptc) Inc.
Shui On Company Limited
Lo Hong Sui
Lo Bo Yue, Stephanie
Chu Loletta 2202 Interest of your spouse
Hsbc International Trustee Limited 2301 Trustee

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