GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » CPMC Holdings Ltd (HKSE:00906) » Definitions » EBIT

CPMC Holdings (HKSE:00906) EBIT : HK$980 Mil (TTM As of Jun. 2024)


View and export this data going back to 2009. Start your Free Trial

What is CPMC Holdings EBIT?

CPMC Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$512 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$980 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CPMC Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 6.42%. CPMC Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 11.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CPMC Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 8.52%.


CPMC Holdings EBIT Historical Data

The historical data trend for CPMC 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.

CPMC Holdings EBIT Chart

CPMC 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 581.72 718.49 774.17 763.62 945.88

CPMC 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 394.95 387.37 477.78 468.10 511.68

Competitive Comparison of CPMC Holdings's EBIT

For the Packaging & Containers subindustry, CPMC 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.


CPMC Holdings's EV-to-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, CPMC Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CPMC Holdings's EV-to-EBIT falls into.


;
;

CPMC 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$980 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.


CPMC Holdings  (HKSE:00906) EBIT Explanation

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

CPMC 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 )
=1001.994 * ( 1 - 17.83% )/( (13146.349 + 12506.097)/ 2 )
=823.3384698/12826.223
=6.42 %

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))
=15578.429 - 3005.802 - ( 2616.031 - max(0, 8647.101 - 8073.379+2616.031))
=13146.349

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))
=15485.373 - 3171.731 - ( 2403.468 - max(0, 8424.885 - 8232.43+2403.468))
=12506.097

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:

CPMC 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 )
=1023.36/( ( (7097.24 + max(2107.292, 0)) + (6805.943 + max(2432.833, 0)) )/ 2 )
=1023.36/( ( 9204.532 + 9238.776 )/ 2 )
=1023.36/9221.654
=11.10 %

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)
=(2906.328 + 1890.094 + 437.581) - (3005.802 + 0 + 120.909)
=2107.292

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3539.464 + 1614.913 + 450.187) - (3171.731 + 0 + 0)
=2432.833

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=979.783/11506.333
=8.52 %

* 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.


CPMC Holdings EBIT Related Terms

Thank you for viewing the detailed overview of CPMC Holdings's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


CPMC Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 160, Weiken Street, Hangzhou Economic and Technical Development Zone, Zhejiang Province, Hangzhou, CHN, 310018
CPMC Holdings Ltd is an investment holding company engaged in the manufacturing and sales of packaging products used for consumer goods such as food, beverages, and household chemical products. The company operates in three segments; Tinplate packaging includes tinplate packaging products, which include, milk powder cans, aerosol cans, metal caps, steel barrels, and other metal packaging, Aluminum packaging includes aluminum packaging products of two-piece beverage cans and one-piece bottles, and Plastic packaging includes plastic packaging products used for milk bottles, shampoo bottles, plastic devices of electronic products, daily use hardware, package printing, sports drink bottles, and related plastic-made products.
Executives
Zhou Yunjie
Shang Hai Yuan Long Tou Zi Kong Gu Ji Tuan You Xian Gong Si
Ao Rui Jin Ke Ji Gu Fen You Xian Gong Si
Bei Jing Shi Hua Rui Feng Quan Guan Li Zi Xun You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Jing He Bao Zhuang Zhi Zao You Xian Gong Si 2201 Interest of corporation controlled by you
China Foods (holdings) Limited
Cofco (hong Kong) Limited
Cofco Corporation
Zhang Wei 2201 Interest of corporation controlled by you
China International Capital Corporation (hong Kong) Limited 2201 Interest of corporation controlled by you
China International Capital Corporation Hong Kong Securities Limited 2106 Person having a security interest in shares
Yuanhao Greater China Fund
Wing Lung Bank (trustee) Limited 2301 Trustee

CPMC Holdings Headlines

No Headlines