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China Tianbao Group Development Co (HKSE:01427) EBIT : HK$96 Mil (TTM As of Jun. 2024)


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What is China Tianbao Group Development Co EBIT?

China Tianbao Group Development Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$96 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Tianbao Group Development Co's annualized ROC % for the quarter that ended in Jun. 2024 was 0.41%. China Tianbao Group Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 2.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Tianbao Group Development Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 7.41%.

China Tianbao Group Development Co EBIT Historical Data

The historical data trend for China Tianbao Group Development 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.

* Premium members only.

China Tianbao Group Development Co EBIT Chart

China Tianbao Group Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 658.52 685.15 130.76 -329.68 126.63

China Tianbao Group Development Co Semi-Annual Data
Dec16 Dec17 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 12.91 -341.98 44.90 81.73 14.35

Competitive Comparison of China Tianbao Group Development Co's EBIT

For the Real Estate - Diversified subindustry, China Tianbao Group Development 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.

China Tianbao Group Development Co's EV-to-EBIT Distribution in the Real Estate Industry

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

* The bar in red indicates where China Tianbao Group Development Co's EV-to-EBIT falls into.


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China Tianbao Group Development 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$96 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 Tianbao Group Development Co  (HKSE:01427) EBIT Explanation

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

China Tianbao Group Development 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 )
=10.556 * ( 1 - -17.09% )/( (3170.674 + 2811.302)/ 2 )
=12.3600204/2990.988
=0.41 %

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))
=6638.285 - 3648.11 - ( 205.547 - max(0, 4947.415 - 4766.916+205.547))
=3170.674

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))
=6791.948 - 4193.667 - ( 389.22 - max(0, 5157.197 - 4944.176+389.22))
=2811.302

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:

China Tianbao Group Development 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 )
=28.7/( ( (1363.995 + max(-1475.062, 0)) + (1353.095 + max(-1652.062, 0)) )/ 2 )
=28.7/( ( 1363.995 + 1353.095 )/ 2 )
=28.7/1358.545
=2.11 %

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)
=(441.349 + 2127.1 + 311.767) - (3648.11 + 0 + 707.168)
=-1475.062

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(351.666 + 2021.975 + 167.964) - (4193.667 + 0 + 0)
=-1652.062

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:

China Tianbao Group Development Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=96.075/1296.392
=7.41 %

* 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 Tianbao Group Development Co EBIT Related Terms

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China Tianbao Group Development Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Tianbao Group Development Co Ltd (HKSE:01427) » Definitions » EBIT
Comparable Companies
HKSE:02349 HKSE:00899 HKSE:00355 HKSE:00120 HKSE:01240 HKSE:01965 HKSE:01195 HKSE:02330 HKSE:00149 HKSE:00472 ASX:GMG TSE:8801 TSE:8802 HKSE:00012 PHS:SMPH SHSE:600415 XSWX:SPSN OSTO:BALD B TSE:1878 BOM:503100
Traded in Other Exchanges
N/A
Address
No. 33, Guanyun East Road, Hebei Province, Zhuozhou, CHN
Website
http://www.chinatbjt.com
China Tianbao Group Development Co Ltd is a property developer and construction company in Zhuozhou, a city in Hebei Province, China. The group operates through two segments: Property development and other business; and construction contracting businesses. The property development business is engaged in the development and sales of residential properties, and leasing and operation of an investment property. The construction contracting business provides construction contracting services mainly as a general contractor for building construction projects, infrastructure construction projects, and industrial and commercial construction projects.
Executives
Adm Investment Management Limited 2201 Interest of corporation controlled by you
Adm Galleus Fund I Limited 2201 Interest of corporation controlled by you
Long You Xian Gong Si 2106 Person having a security interest in shares
Jixiang International Industrial Company Limited 2101 Beneficial owner
Li Baotian 2201 Interest of corporation controlled by you
Zhou Chunlan 2202 Interest of your spouse
Adm Galleus Fund Ii Limited 2201 Interest of corporation controlled by you
Eighty Eight Dragons Limited 2101 Beneficial owner
Utah Retirement Systems 2201 Interest of corporation controlled by you
Utah State Retirement Investment Fund 2201 Interest of corporation controlled by you
Ai Xinting 2101 Beneficial owner

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