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Seazen Group (HKSE:01030) EBIT : HK$8,338 Mil (TTM As of Dec. 2023)


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What is Seazen Group EBIT?

Seazen Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$2,894 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$8,338 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Seazen Group's annualized ROC % for the quarter that ended in Dec. 2023 was -4.18%. Seazen Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 91.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Seazen Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.99%.


Seazen Group EBIT Historical Data

The historical data trend for Seazen 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.

* Premium members only.

Seazen Group EBIT Chart

Seazen Group 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 25,826.88 33,211.38 27,900.48 7,427.95 8,338.06

Seazen Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 15,833.32 6,474.06 1,260.33 5,443.94 2,894.13

Competitive Comparison of Seazen Group's EBIT

For the Real Estate - Development subindustry, Seazen 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.


Seazen Group's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Seazen Group's EV-to-EBIT distribution charts can be found below:

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



Seazen 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$8,338 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.


Seazen Group  (HKSE:01030) EBIT Explanation

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

Seazen 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 )
=6738.68 * ( 1 - 318.88% )/( (381236.655 + 324024.728)/ 2 )
=-14749.622784/352630.6915
=-4.18 %

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))
=484480.867 - 112963.917 - ( 24371.507 - max(0, 321424.589 - 311704.884+24371.507))
=381236.655

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))
=412451.501 - 109965.16 - ( 15109.19 - max(0, 261055.812 - 239517.425+15109.19))
=324024.728

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:

Seazen 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 )
=5788.25/( ( (8394.591 + max(-5984.48, 0)) + (4237.288 + max(-9487.736, 0)) )/ 2 )
=5788.25/( ( 8394.591 + 4237.288 )/ 2 )
=5788.25/6315.9395
=91.65 %

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)
=(64566.689 + 206951.301 + 15815.387) - (112963.917 + 0 + 180353.94)
=-5984.48

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(55705.003 + 155897.847 + 12805.385) - (109965.16 + 0 + 123930.811)
=-9487.736

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=8338.069/64208.217
=12.99 %

* 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.


Seazen Group EBIT Related Terms

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Seazen Group (HKSE:01030) Business Description

Traded in Other Exchanges
Address
No. 5, Lane 388, Zhongjiang Road, 11th Floor, Seazen Holdings Tower B, Putuo District, Shanghai, CHN, 200063
Seazen Group Ltd is an investment holding company that develops and sells properties. The company has two operating segments; The A-share company segment is engaged in the development of residential properties and mixed-use complexes for sale and investment, and the Non-A share companies segment is engaged in services. All the property development projects are in the People's Republic of China, and accordingly, the majority of the revenue of the Group is derived from the PRC.
Executives
Chen Jing 2202 Interest of your spouse
Chen Ting Sen (ptc) Limited 2301 Trustee
Wang Zhenhua 2307 Founder of a discretionary trust who can infl
Jiang Jinzhi 2201 Interest of corporation controlled by you

Seazen Group (HKSE:01030) Headlines

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