Xi'an Kingfar Property Services Co (HKSE:01354) EBIT : HK$77 Mil (TTM As of Jun. 2024)

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What is Xi'an Kingfar Property Services Co EBIT?

Xi'an Kingfar Property Services Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$41 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$77 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xi'an Kingfar Property Services Co's annualized ROC % for the quarter that ended in Jun. 2024 was 28.03%. Xi'an Kingfar Property Services Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 80.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xi'an Kingfar Property Services Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.43%.

Xi'an Kingfar Property Services Co EBIT Historical Data

The historical data trend for Xi'an Kingfar Property Services Co'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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Xi'an Kingfar Property Services Co EBIT Chart

Xi'an Kingfar Property Services Co Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

50.05

54.88

69.36

Xi'an Kingfar Property Services Co Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
EBIT	-	-	33.74	35.62	41.12

Competitive Comparison of Xi'an Kingfar Property Services Co's EBIT

For the Real Estate Services subindustry, Xi'an Kingfar Property Services Co'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.

Xi'an Kingfar Property Services Co's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Xi'an Kingfar Property Services Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Xi'an Kingfar Property Services Co's EV-to-EBIT falls into.

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Xi'an Kingfar Property Services Co 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$77 Mil.

Xi'an Kingfar Property Services Co (HKSE:01354) EBIT Explanation

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

Xi'an Kingfar Property Services Co'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 )
=	86.606 * ( 1 - 18.76% )	/	( (327.786	+	174.281)	/ 2 )
=	70.3587144	/	251.0335
=	28.03 %

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	))
=	710.817	-	362.929	-	( 282.718	-	max(0, 558.234	-	578.336	+	282.718	))
=	327.786

	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	))
=	707.929	-	478.778	-	( 210.564	-	max(0, 524.544	-	579.414	+	210.564	))
=	174.281

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:

Xi'an Kingfar Property Services Co'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 )
=	82.248	/	( ( (98.028 + max(-261.877, 0))	+	(105.395 + max(-233.066, 0)) )	/	2 )
=	82.248	/	( ( 98.028	+	105.395 )	/	2 )
=	82.248	/	101.7115
=	80.86 %

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)
=	(286.906	+	0.919	+	7.793)	-	(362.929	+	0	+	194.566)
=	-261.877

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(280.575	+	0.448	+	8.996)	-	(478.778	+	0	+	44.307)
=	-233.066

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:

Xi'an Kingfar Property Services Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	76.743	/	1412.249
	=	5.43 %

Xi'an Kingfar Property Services Co EBIT Related Terms

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Xi'an Kingfar Property Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Xi'an Kingfar Property Services Co Ltd (HKSE:01354) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 51 Fengcheng Second Road, Room 10701, Unit 1, Building 3, Xi’an Financial Innovation Center, Shaanxi, Economic and Technological, Development Zone, Xi’an, CHN

Website

https://www.xajfwy.com

Xi'an Kingfar Property Services Co Ltd is a state-owned city service and property management service provider in Shaanxi Province with presence in Northwest China. It has three primary business lines; City Services, Residential Property Management Services and Commercial Property Management Services. The company contracted to provide public property management services, basic residential property management services and basic commercial property management services to 149 projects in China. Key revenue is generated from City services.

Executives

The Reynold Lemkins Group (asia) Limited
Kaufmann & Company Pan-asia Limited	2101 Beneficial owner
Xin Fu Yuan Ke Ji You Xian Gong Si	2101 Beneficial owner
Ding Huaming	2201 Interest of corporation controlled by you
Ju E Mao Yi Ji Tuan Xiang Gang You Xian Gong Si	2101 Beneficial owner
Meng Wujun	2201 Interest of corporation controlled by you
Xi An Tian Bo Zhen Duan Ji Shu You Xian Gong Si	2101 Beneficial owner
Liao Huixia	2201 Interest of corporation controlled by you
Ding Hua Ming	2101 Beneficial owner
Pan Zhixiong	2201 Interest of corporation controlled by you

Xi'an Kingfar Property Services Co Headlines

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