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Beijing Capital International Airport Co (HKSE:00694) EBIT : HK$-901 Mil (TTM As of Jun. 2024)


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What is Beijing Capital International Airport Co EBIT?

Beijing Capital International Airport Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-269 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-901 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Beijing Capital International Airport Co's annualized ROC % for the quarter that ended in Jun. 2024 was -1.02%. Beijing Capital International Airport Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -2.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Beijing Capital International Airport Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -3.78%.


Beijing Capital International Airport Co EBIT Historical Data

The historical data trend for Beijing Capital International Airport Co'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.

Beijing Capital International Airport Co EBIT Chart

Beijing Capital International Airport Co 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 3,766.49 -3,071.18 -3,184.34 -4,115.58 -1,571.35

Beijing Capital International Airport Co 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 -2,054.62 -2,158.21 -939.25 -632.10 -269.03

Competitive Comparison of Beijing Capital International Airport Co's EBIT

For the Airports & Air Services subindustry, Beijing Capital International Airport Co'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.


Beijing Capital International Airport Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Beijing Capital International Airport Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Beijing Capital International Airport Co's EV-to-EBIT falls into.



Beijing Capital International Airport Co 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$-901 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.


Beijing Capital International Airport Co  (HKSE:00694) EBIT Explanation

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

Beijing Capital International Airport Co'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 )
=-456.134 * ( 1 - 6.08% )/( (41656.104 + 42752.792)/ 2 )
=-428.4010528/42204.448
=-1.02 %

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))
=35645.531 - 5452.006 - ( 1407.544 - max(0, 14761.04 - 3298.461+1407.544))
=41656.104

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))
=36589.93 - 4840.856 - ( 3552.991 - max(0, 16469.16 - 5465.442+3552.991))
=42752.792

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:

Beijing Capital International Airport Co'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 )
=-538.062/( ( (25192.805 + max(-5471.453, 0)) + (25513.626 + max(-4780.786, 0)) )/ 2 )
=-538.062/( ( 25192.805 + 25513.626 )/ 2 )
=-538.062/25353.2155
=-2.12 %

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)
=(1384.989 + 220.202 + 234.295) - (5452.006 + 0 + 1858.933)
=-5471.453

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1489.855 + 191.227 + 220.603) - (4840.856 + 0 + 1841.615)
=-4780.786

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:

Beijing Capital International Airport Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-901.132/23858.488
=-3.78 %

* 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.


Beijing Capital International Airport Co EBIT Related Terms

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Beijing Capital International Airport Co Business Description

Traded in Other Exchanges
Address
979 King’s Road, 37th Floor, One Taikoo Place, Hong Kong, Hong Kong, HKG
Beijing Capital International Airport Co Ltd is engaged in operating and managing aeronautical and nonaeronautical businesses at Beijing Capital Airport. The Company's aeronautical business includes provision of aircraft landings and take-offs and passenger service facilities, ground support services, and firefighting services for domestic and foreign air transportation enterprises. The Company's non-aeronautical business includes ground handling agent services supplied for domestic and foreign airliners; in-flight catering services; duty free and other retail shops in the terminals, restaurants and other catering businesses in the terminals, VIP services inside and outside the terminals; and leasing of advertising spaces inside and outside the terminals.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you
Mitsubishi Ufj Financial Group, Inc. 2201 Interest of corporation controlled by you
Employees Provident Fund Board 2101 Beneficial owner
Invesco Asset Management Limited 2102 Investment manager
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
Causeway Capital Management Llc 2102 Investment manager
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
T. Rowe Price Associates, Inc. And Its Affiliates 2101 Beneficial owner
Citigroup Inc. 2502 Approved lending agent
Gic Private Limited 2102 Investment manager
Brown Brothers Harriman & Co. 2502 Approved lending agent
Jiang Jinzhi 2201 Interest of corporation controlled by you
Hermes Investment Funds Plc 2101 Beneficial owner
Aberdeen Asset Management Plc And Its Associates 2102 Investment manager

Beijing Capital International Airport Co Headlines

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