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China Environmental Energy Investment (HKSE:00986) EBIT : HK$-6.59 Mil (TTM As of Sep. 2024)


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What is China Environmental Energy Investment EBIT?

China Environmental Energy Investment's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was HK$12.43 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-6.59 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Environmental Energy Investment's annualized ROC % for the quarter that ended in Sep. 2024 was 6.30%. China Environmental Energy Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 26.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Environmental Energy Investment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -5.13%.


China Environmental Energy Investment EBIT Historical Data

The historical data trend for China Environmental Energy Investment'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 Environmental Energy Investment EBIT Chart

China Environmental Energy Investment Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.86 5.74 2.73 -12.45 -16.93

China Environmental Energy Investment Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 3.22 -15.67 2.08 -19.01 12.43

Competitive Comparison of China Environmental Energy Investment's EBIT

For the Luxury Goods subindustry, China Environmental Energy Investment'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 Environmental Energy Investment's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Environmental Energy Investment's EV-to-EBIT distribution charts can be found below:

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


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China Environmental Energy Investment 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-6.59 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 Environmental Energy Investment  (HKSE:00986) EBIT Explanation

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

China Environmental Energy Investment's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=24.854 * ( 1 - 3.1% )/( (358.361 + 406.23)/ 2 )
=24.083526/382.2955
=6.30 %

where

Note: The Operating Income data used here is two times the semi-annual (Sep. 2024) data.

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

China Environmental Energy Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=24.854/( ( (0.421 + max(96.955, 0)) + (1.45 + max(92.239, 0)) )/ 2 )
=24.854/( ( 97.376 + 93.689 )/ 2 )
=24.854/95.5325
=26.02 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.249 + 98.202 + 19.207) - (28.703 + 0 + 0)
=96.955

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.962 + 94.217 + 21.082) - (3.332 + 0 + 29.69)
=92.239

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

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

China Environmental Energy Investment's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-6.586/128.443
=-5.13 %

* 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 Environmental Energy Investment EBIT Related Terms

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China Environmental Energy Investment Business Description

Traded in Other Exchanges
N/A
Address
25 Harbour Road, Room 910, 9th Floor, Harbour Centre, Wanchai, Hong Kong, HKG
China Environmental Energy Investment Ltd is an investment holding company engaged in the purchase and sale of gold and diamonds. The group's segments are the Design and marketing of jewelry and Money Lending. The design and marketing of jewelry segment generates maximum revenue and includes the design of jewelry, OEM, and sales and marketing of jewelry. The group has a business presence in Hong Kong, the PRC, and other countries.
Executives
Guo Sha 2101 Beneficial owner
Dong Qian 2101 Beneficial owner

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