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Hebei Construction Group (HKSE:01727) EBIT : HK$616 Mil (TTM As of Jun. 2024)


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What is Hebei Construction Group EBIT?

Hebei Construction Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$376 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$616 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hebei Construction Group's annualized ROC % for the quarter that ended in Jun. 2024 was 3.21%. Hebei Construction Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 61.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hebei Construction Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 155.11%.


Hebei Construction Group EBIT Historical Data

The historical data trend for Hebei Construction 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.

Hebei Construction Group EBIT Chart

Hebei Construction 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 1,752.55 1,470.72 -206.26 862.01 628.68

Hebei Construction Group Semi-Annual Data
Dec14 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 473.28 411.13 388.10 240.58 375.55

Competitive Comparison of Hebei Construction Group's EBIT

For the Engineering & Construction subindustry, Hebei Construction 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.


Hebei Construction Group's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hebei Construction Group's EV-to-EBIT distribution charts can be found below:

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


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Hebei Construction 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$616 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.


Hebei Construction Group  (HKSE:01727) EBIT Explanation

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

Hebei Construction 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 )
=811.35 * ( 1 - 22.5% )/( (17723.8 + 21393.446)/ 2 )
=628.79625/19558.623
=3.21 %

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))
=70970.496 - 50509.498 - ( 8426.521 - max(0, 61028.153 - 63765.351+8426.521))
=17723.8

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))
=66374.835 - 41725.381 - ( 6628.871 - max(0, 56086.827 - 59342.835+6628.871))
=21393.446

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:

Hebei Construction 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 )
=751.106/( ( (1243.516 + max(-48566.626, 0)) + (1197.555 + max(-43997.727, 0)) )/ 2 )
=751.106/( ( 1243.516 + 1197.555 )/ 2 )
=751.106/1220.5355
=61.54 %

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)
=(8180.343 + 208.255 + 1371.924) - (50509.498 + 0 + 7817.65)
=-48566.626

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7712.885 + 339.498 + 1404.608) - (41725.381 + 0 + 11729.337)
=-43997.727

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=616.129/397.208
=155.11 %

* 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.


Hebei Construction Group EBIT Related Terms

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Hebei Construction Group Business Description

Traded in Other Exchanges
N/A
Address
No. 125, Lugang Road, Jingxiu District, Hebei Province, Baoding, CHN
Hebei Construction Group Corp Ltd is an engineering and construction company. The company's services include construction contracting works of residential, public, industrial, and commercial buildings; and municipal and transportation infrastructure. It has two segments that are Construction contracting business and Other business. The construction contracting business segment provides general contractors for building construction projects and infrastructure construction projects. Other segment mainly includes concession arrangements and other services of the group. The majority of its revenue is generated from Mainland China.

Hebei Construction Group Headlines

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