Green Energy Group (HKSE:00979) EBIT : HK$-0.32 Mil (TTM As of Dec. 2023)

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What is Green Energy Group EBIT?

Green Energy Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-3.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0.32 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Green Energy Group's annualized ROC % for the quarter that ended in Dec. 2023 was -16.78%. Green Energy Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -27.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Green Energy Group EBIT Historical Data

The historical data trend for Green Energy Group'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.

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Green Energy Group EBIT Chart

Green Energy Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

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-27.78

-26.10

-24.30

-4.71

Green Energy Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															-13.73	-10.57	-7.42	2.70	-3.02

Competitive Comparison of Green Energy Group's EBIT

For the Waste Management subindustry, Green Energy Group'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.

Green Energy Group's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Green Energy Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Green Energy Group's EV-to-EBIT falls into.

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Green Energy Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.32 Mil.

Green Energy Group (HKSE:00979) EBIT Explanation

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

Green Energy Group's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-6.342 * ( 1 - 0.32% )	/	( (31.644	+	43.686)	/ 2 )
=	-6.3217056	/	37.665
=	-16.78 %

where

	Invested Capital		(Q: Jun. 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	))
=	50.687	-	4.194	-	( 14.849	-	max(0, 8.459	-	26.13	+	14.849	))
=	31.644

	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	))
=	71.252	-	0.745	-	( 26.821	-	max(0, 6.302	-	48.267	+	26.821	))
=	43.686

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Green Energy Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-6.042	/	( ( (22.793 + max(-2.512, 0))	+	(21.201 + max(-1.078, 0)) )	/	2 )
=	-6.042	/	( ( 22.793	+	21.201 )	/	2 )
=	-6.042	/	21.997
=	-27.47 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.787	+	1.221	+	-3.5527136788005E-15)	-	(4.194	+	0	+	2.326)
=	-2.512

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.483	+	0.865	+	7.105427357601E-15)	-	(0.745	+	0	+	3.681)
=	-1.078

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-0.317	/	0.000
	=	%

Green Energy Group EBIT Related Terms

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Green Energy Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Green Energy Group Ltd (HKSE:00979) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Queen’s Road Central, Room 7712, 77th Floor, The Center, Hong Kong, HKG

Website

https://www.greenenergy.hk

Green Energy Group Ltd is an investment holding company. Along with its subsidiaries, the company operates in the following reportable segments; Waste construction materials and processing services; Renewable energy; Plastic recycling/ metal scrap, and Money lending. It generates maximum revenue from the Renewable energy segment. The Renewable energy segment includes the trading and processing of recyclable oil/biodiesel. Geographically, it derives a majority of its revenue from Europe, and the rest from Hong Kong, Malaysia, Singapore, and the People's Republic of China.

Executives

New Glory Business Corporation	2101 Beneficial owner
Rich Bay Global Limited	2101 Beneficial owner
Superactive Asset Management Limited	2201 Interest of corporation controlled by you
Lee Chi Shing Caesar	2201 Interest of corporation controlled by you
Yeung So Lai	2201 Interest of corporation controlled by you

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