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Zhong Ao Home Group (HKSE:01538) EBIT : HK$141 Mil (TTM As of Jun. 2024)


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What is Zhong Ao Home Group EBIT?

Zhong Ao Home Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$88 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$141 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhong Ao Home Group's annualized ROC % for the quarter that ended in Jun. 2024 was 11.91%. Zhong Ao Home Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 125.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhong Ao Home Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -124.84%.


Zhong Ao Home Group EBIT Historical Data

The historical data trend for Zhong Ao Home 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.

Zhong Ao Home Group EBIT Chart

Zhong Ao Home 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 218.63 261.61 241.54 151.31 140.10

Zhong Ao Home Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 113.79 42.91 87.15 52.95 87.80

Competitive Comparison of Zhong Ao Home Group's EBIT

For the Real Estate Services subindustry, Zhong Ao Home 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.


Zhong Ao Home Group's EV-to-EBIT Distribution in the Real Estate Industry

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

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


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Zhong Ao Home 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$141 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.


Zhong Ao Home Group  (HKSE:01538) EBIT Explanation

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

Zhong Ao Home Group'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 )
=195.488 * ( 1 - 30.07% )/( (1166.534 + 1129.783)/ 2 )
=136.7047584/1148.1585
=11.91 %

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))
=2261.117 - 658.484 - ( 584.673 - max(0, 1090.988 - 1527.087+584.673))
=1166.534

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))
=2227.347 - 610.942 - ( 529.311 - max(0, 1035.947 - 1522.569+529.311))
=1129.783

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:

Zhong Ao Home Group'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 )
=175.6/( ( (147.281 + max(-432.907, 0)) + (133.182 + max(-302.565, 0)) )/ 2 )
=175.6/( ( 147.281 + 133.182 )/ 2 )
=175.6/140.2315
=125.22 %

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)
=(588.818 + 6.839 + 0) - (658.484 + 0 + 370.08)
=-432.907

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(667.293 + 3.246 + -0.0010000000002037) - (610.942 + 0 + 362.161)
=-302.565

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=140.751/-112.748
=-124.84 %

* 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.


Zhong Ao Home Group EBIT Related Terms

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Zhong Ao Home Group Business Description

Traded in Other Exchanges
N/A
Address
2 Baichen Lu, Chihua She Qu, 1601 Block 1, Pacific Dingwang Commercial Center, Chencun Town, Shunde District, Foshan, CHN
Zhong Ao Home Group Ltd is an investment holding company mainly engaged in the provision of property management services, sales assistance services, provision of cleaning and greening services, and provision of real estate agency services in the People's Republic of China. All of the activities are carried out across China which represents the Southern Region, Eastern and Central Region, and the Northern Region. It generates a vast majority of its revenues from the property management business.
Executives
Liu Jian 2307 Founder of a discretionary trust who can infl
Hilton Assets (ptc) Limited 2301 Trustee
Qichang International Limited 2101 Beneficial owner
Greentown Service Group Co. Ltd. 2101 Beneficial owner

Zhong Ao Home Group Headlines

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