Central New Energy Holding Group (HKSE:01735) EBIT : HK$169 Mil (TTM As of Jun. 2024)

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What is Central New Energy Holding Group EBIT?

Central New Energy Holding Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$99 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$169 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Central New Energy Holding Group's annualized ROC % for the quarter that ended in Jun. 2024 was 3.54%. Central New Energy Holding Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 10.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Central New Energy Holding Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 0.46%.

Central New Energy Holding Group EBIT Historical Data

The historical data trend for Central New Energy Holding 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.

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Central New Energy Holding Group EBIT Chart

Central New Energy Holding Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

EBIT

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-9.37

-10.53

82.95

-25.49

108.04

Central New Energy Holding Group Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial												9.33	-34.82	37.88	70.17	99.09

Competitive Comparison of Central New Energy Holding Group's EBIT

For the Engineering & Construction subindustry, Central New Energy Holding 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.

Central New Energy Holding Group's EV-to-EBIT Distribution in the Construction Industry

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

* The bar in red indicates where Central New Energy Holding Group's EV-to-EBIT falls into.

Central New Energy Holding 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$169 Mil.

Central New Energy Holding Group (HKSE:01735) EBIT Explanation

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

Central New Energy Holding 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 )
=	128.87 * ( 1 - 20.06% )	/	( (2440.883	+	3385.419)	/ 2 )
=	103.018678	/	2913.151
=	3.54 %

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	))
=	3496.284	-	918.021	-	( 137.38	-	max(0, 1888.329	-	2111.31	+	137.38	))
=	2440.883

	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	))
=	4358.091	-	943.444	-	( 339.898	-	max(0, 2692.749	-	2721.977	+	339.898	))
=	3385.419

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:

Central New Energy Holding 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 )
=	198.178	/	( ( (1156.269 + max(827.646, 0))	+	(1364.27 + max(402.626, 0)) )	/	2 )
=	198.178	/	( ( 1983.915	+	1766.896 )	/	2 )
=	198.178	/	1875.4055
=	10.57 %

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)
=	(1229.46	+	245.972	+	405.793)	-	(918.021	+	0	+	135.558)
=	827.646

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(670.146	+	449.409	+	633.344)	-	(943.444	+	0	+	406.829)
=	402.626

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:

Central New Energy Holding Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	169.257	/	36605.397
	=	0.46 %

Central New Energy Holding Group EBIT Related Terms

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Central New Energy Holding Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Central New Energy Holding Group Ltd (HKSE:01735) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

191 Java Road, 21th Floor, Unit 2102–03, 10–12, Central K.Wah Centre, North Point, Hong Kong, HKG

Website

https://www.centralenergy.cn

Central New Energy Holding Group Ltd, formerly Central Holding Group Co Ltd is an investment holding company. The company's operating segment includes Green Building and construction related business, superstructure building works, and construction materials supplies; which provide piling works, excavation and lateral support works, and pile cap construction and building works in relation to the parts of the structure above the ground level and supplying of construction materials; F&B supply chain; Health and wellness; New energy and EPC; and Smart energy management services. The company's geographical segments include Hong Kong and China, of which China accounts for the majority of its revenue.

Executives

Central Culture Resource Group Limited	2201 Interest of corporation controlled by you
Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
Yu Zhuyun	2201 Interest of corporation controlled by you

Central New Energy Holding Group Headlines

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