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Bojun Education Co (HKSE:01758) EBIT : HK$133.8 Mil (TTM As of Feb. 2024)


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What is Bojun Education Co EBIT?

Bojun Education Co's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2024 was HK$56.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was HK$133.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bojun Education Co's annualized ROC % for the quarter that ended in Feb. 2024 was 0.75%. Bojun Education Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 3.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bojun Education Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 8.87%.


Bojun Education Co EBIT Historical Data

The historical data trend for Bojun Education 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.

Bojun Education Co EBIT Chart

Bojun Education Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
EBIT
Get a 7-Day Free Trial Premium Member Only 57.65 -37.32 -750.90 -1.76 74.44

Bojun Education Co Semi-Annual Data
Aug15 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 -15.62 12.90 -2.91 77.18 56.62

Competitive Comparison of Bojun Education Co's EBIT

For the Education & Training Services subindustry, Bojun Education 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.


Bojun Education Co's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Bojun Education Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bojun Education Co's EV-to-EBIT falls into.



Bojun Education 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$133.8 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.


Bojun Education Co  (HKSE:01758) EBIT Explanation

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

Bojun Education Co's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=63.782 * ( 1 - 45.71% )/( (4758.589 + 4534.378)/ 2 )
=34.6272478/4646.4835
=0.75 %

where

Invested Capital(Q: Aug. 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))
=4387.25 - 657.037 - ( 374.173 - max(0, 1725.806 - 697.43+374.173))
=4758.589

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))
=4325.223 - 686.808 - ( 186.626 - max(0, 1355.607 - 459.644+186.626))
=4534.378

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

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

Bojun Education Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=113.232/( ( (3533.019 + max(-802.486, 0)) + (3717.309 + max(-898.219, 0)) )/ 2 )
=113.232/( ( 3533.019 + 3717.309 )/ 2 )
=113.232/3625.164
=3.12 %

where Working Capital is:

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 161.954) - (657.037 + 0 + 307.403)
=-802.486

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.32 + 0 + 19.036) - (686.808 + 0 + 230.767)
=-898.219

When net working capital is negative, 0 is used.

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

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

Bojun Education Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=133.794/1509.031
=8.87 %

* 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.


Bojun Education Co EBIT Related Terms

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Bojun Education Co (HKSE:01758) Business Description

Traded in Other Exchanges
N/A
Address
No. 209 Sanse Road, Sichuan Province, Jinjiang District, Chengdu, Sichuan, CHN
Bojun Education Co Ltd is engaged in providing private education services. The company operates middle schools, high schools, and kindergartens. Its operating segment includes the provision of high school and for-profit education services; and the provision of education consultancy and management services. The company generates maximum revenue from the education consultancy and management services segment. Geographically, it derives the majority of its revenue from the People's Republic of China.
Executives
Duan Ling 2202 Interest of your spouse
Zhuotai Education Investment Limited 2101 Beneficial owner
Li Yafei 2201 Interest of corporation controlled by you
Cao Youqin 2202 Interest of your spouse
Wang Jinglei 2201 Interest of corporation controlled by you
Act Glory Global Limited 2101 Beneficial owner
Broad Skill Holdings Limited 2101 Beneficial owner
He Jing 2201 Interest of corporation controlled by you
Xu Zhengmiao 2202 Interest of your spouse
Wu Xi Shou Kong Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Hua Sheng Jin Rong Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Sheng Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Shou Kong Shen Zhen Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Shou Kong Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Jin Feng Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you

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