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China Nuclear Energy Technology (HKSE:00611) EBIT : HK$413 Mil (TTM As of Jun. 2024)


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What is China Nuclear Energy Technology EBIT?

China Nuclear Energy Technology's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$215 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$413 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Nuclear Energy Technology's annualized ROC % for the quarter that ended in Jun. 2024 was 3.46%. China Nuclear Energy Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 6.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Nuclear Energy Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.81%.


China Nuclear Energy Technology EBIT Historical Data

The historical data trend for China Nuclear Energy Technology'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 Nuclear Energy Technology EBIT Chart

China Nuclear Energy Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 181.70 150.67 271.32 299.97 360.60

China Nuclear Energy Technology 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 138.37 161.60 161.92 198.69 214.79

Competitive Comparison of China Nuclear Energy Technology's EBIT

For the Engineering & Construction subindustry, China Nuclear Energy Technology'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 Nuclear Energy Technology's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Nuclear Energy Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Nuclear Energy Technology's EV-to-EBIT falls into.


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China Nuclear Energy Technology 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$413 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 Nuclear Energy Technology  (HKSE:00611) EBIT Explanation

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

China Nuclear Energy Technology'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 )
=405.444 * ( 1 - 23.77% )/( (9006.545 + 8841.337)/ 2 )
=309.0699612/8923.941
=3.46 %

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))
=11437.221 - 1605.485 - ( 1779.293 - max(0, 3971.881 - 4797.072+1779.293))
=9006.545

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))
=10890.79 - 1512.545 - ( 997.328 - max(0, 3302.252 - 3839.16+997.328))
=8841.337

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 Nuclear Energy Technology'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 )
=429.574/( ( (6342.973 + max(404.686, 0)) + (6764.309 + max(132.372, 0)) )/ 2 )
=429.574/( ( 6747.659 + 6896.681 )/ 2 )
=429.574/6822.17
=6.30 %

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)
=(1527.141 + 0 + 759.648) - (1605.485 + 0 + 276.618)
=404.686

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1544.053 + 0 + 205.641) - (1512.545 + 0 + 104.777)
=132.372

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 Nuclear Energy Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=413.473/7117.105
=5.81 %

* 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 Nuclear Energy Technology EBIT Related Terms

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China Nuclear Energy Technology Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Room 2801, 28th Floor, China Resources Building, Wanchai, Hong Kong, HKG
China Nuclear Energy Technology Corp Ltd is an investment holding company. The operating segments of the company include the EPC and consultancy and general construction segment comprises its EPC and consulting services operations relating to the construction of photovoltaic power plants and general construction services; the Power Generation segment comprises the group's power generation operations; and the Financing segment comprises the group's financing operations. The majority of the revenue is derived from EPC and consultancy and general construction services segment.
Executives
China He Investment (hong Kong) Company Limited
Value Convergence Holdings Limited
Yahgee International (hong Kong) Co., Limited 2101 Beneficial owner
Zhong Guo He Gong Ye Ji Tuan You Xian Gong Si
Zhong He Tou Zi You Xian Gong Si
Shen Zhen Shi Xin Nan Shan Kong Gu Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner

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