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China Science and Education Industry Group (HKSE:01756) EBIT : HK$630 Mil (TTM As of Aug. 2024)


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What is China Science and Education Industry Group EBIT?

China Science and Education Industry Group's earnings before interest and taxes (EBIT) for the six months ended in Aug. 2024 was HK$313 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2024 was HK$630 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Science and Education Industry Group's annualized ROC % for the quarter that ended in Aug. 2024 was 5.50%. China Science and Education Industry Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 11.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Science and Education Industry Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 28.23%.


China Science and Education Industry Group EBIT Historical Data

The historical data trend for China Science and Education Industry 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.

China Science and Education Industry Group EBIT Chart

China Science and Education Industry Group Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
EBIT
Get a 7-Day Free Trial 405.72 280.21 442.40 536.39 630.67

China Science and Education Industry Group Semi-Annual Data
Aug17 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 207.40 311.87 242.96 316.74 312.94

Competitive Comparison of China Science and Education Industry Group's EBIT

For the Education & Training Services subindustry, China Science and Education Industry 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.


China Science and Education Industry Group's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Science and Education Industry Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Science and Education Industry Group's EV-to-EBIT falls into.


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China Science and Education Industry 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 Aug. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$630 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 Science and Education Industry Group  (HKSE:01756) EBIT Explanation

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

China Science and Education Industry Group's annualized ROC % for the quarter that ended in Aug. 2024 is calculated as:

ROC % (Q: Aug. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2024 ) + Invested Capital (Q: Aug. 2024 ))/ count )
=492.564 * ( 1 - 6.41% )/( (8139.325 + 8611.333)/ 2 )
=460.9906476/8375.329
=5.50 %

where

Invested Capital(Q: Feb. 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))
=7566.849 - 409.819 - ( 461.382 - max(0, 1519.414 - 537.119+461.382))
=8139.325

Invested Capital(Q: Aug. 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))
=8181.543 - 390.847 - ( 917.192 - max(0, 1796.607 - 975.97+917.192))
=8611.333

Note: The Operating Income data used here is two times the semi-annual (Aug. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

China Science and Education Industry Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2024  Q: Aug. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=625.87/( ( (5302.426 + max(-1058.222, 0)) + (5459.133 + max(-1467.84, 0)) )/ 2 )
=625.87/( ( 5302.426 + 5459.133 )/ 2 )
=625.87/5380.7795
=11.63 %

where Working Capital is:

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(37.029 + 0 + 8.26) - (409.819 + 0 + 693.692)
=-1058.222

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.277 + 0 + 5.662) - (390.847 + 0 + 1087.932)
=-1467.84

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Aug. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

China Science and Education Industry Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2024 )
=629.673/2230.292
=28.23 %

* 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 Science and Education Industry Group EBIT Related Terms

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China Science and Education Industry Group Business Description

Traded in Other Exchanges
N/A
Address
Number 11 Huali Road, The Administration Building of Guangzhou, Huali Science and Technology Town, Zengcheng District, Guangzhou, Guangdong, CHN
China Science and Education Industry Group Ltd formerly China Vocational Education Holdings Ltd is a provider of private higher education and vocational education offering applied science-focused and practice-oriented programs. Its schools offer private higher education and private vocational education in fields of applied sciences to prepare students with the necessary knowledge base, skill sets, and accreditations to secure jobs and pursue careers in particular professions, trades, and industries.
Executives
Zhang Yude 2305 Beneficiary of a trust
51job, Inc 2101 Beneficial owner
Hl-diamond Limited 2201 Interest of corporation controlled by you
Huali Education Holdings Limited 2101 Beneficial owner
Zhang Zhifeng 2307 Founder of a discretionary trust who can infl
Ubs Trustees (b.v.i.) Limited 2301 Trustee

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