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China State Construction Development Holdings (HKSE:00830) EBIT : HK$852 Mil (TTM As of Jun. 2024)


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What is China State Construction Development Holdings EBIT?

China State Construction Development Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$652 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$852 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China State Construction Development Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 25.26%. China State Construction Development Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 72.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China State Construction Development Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 19.80%.


China State Construction Development Holdings EBIT Historical Data

The historical data trend for China State Construction Development Holdings'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 State Construction Development Holdings EBIT Chart

China State Construction Development Holdings 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 315.60 287.86 425.53 559.43 732.24

China State Construction Development Holdings 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 385.05 174.38 531.62 200.62 651.54

Competitive Comparison of China State Construction Development Holdings's EBIT

For the Engineering & Construction subindustry, China State Construction Development Holdings'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 State Construction Development Holdings's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, China State Construction Development Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China State Construction Development Holdings's EV-to-EBIT falls into.


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China State Construction Development Holdings 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$852 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 State Construction Development Holdings  (HKSE:00830) EBIT Explanation

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

China State Construction Development Holdings'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 )
=1257.51 * ( 1 - 11.51% )/( (4341.839 + 4470.294)/ 2 )
=1112.770599/4406.0665
=25.26 %

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))
=10641.662 - 5560.683 - ( 739.14 - max(0, 7318.134 - 8563.919+739.14))
=4341.839

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))
=11253.055 - 6077.733 - ( 705.028 - max(0, 7131.506 - 9271.121+705.028))
=4470.294

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 State Construction Development Holdings'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 )
=1303.072/( ( (1781.156 + max(-4032.208, 0)) + (1838.543 + max(-4284.531, 0)) )/ 2 )
=1303.072/( ( 1781.156 + 1838.543 )/ 2 )
=1303.072/1809.8495
=72.00 %

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)
=(2061.135 + 152.458 + 261.193) - (5560.683 + 0 + 946.311)
=-4032.208

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1841.31 + 202.573 + 150.726) - (6077.733 + 0 + 401.407)
=-4284.531

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 State Construction Development Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=852.159/4303.237
=19.80 %

* 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 State Construction Development Holdings EBIT Related Terms

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China State Construction Development Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Sun Yip Street, 16th Floor, Eight Commercial Tower, Chai Wan, Hong Kong, HKG
China State Construction Development Holdings Ltd is involved in the general contracting business, the facade contracting business (including the design, engineering, manufacture, and installation of curtain wall systems) and operating management business. The company segments include Facade Contracting Works; General Contracting Works and Operating Management. It generates maximum revenue from the Facade Contracting Works segment.
Executives
Add Treasure Holdings Limited
China Overseas Holdings Limited
China State Construction International Holdings Limited
Zhong Guo Jian Zhu Gu Fen You Xian Gong Si
Zhong Guo Jian Zhu Ji Tuan You Xian Gong Si

China State Construction Development Holdings Headlines

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