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YCIH Green High-Performance Concrete Co (HKSE:01847) EBIT : HK$-26 Mil (TTM As of Dec. 2023)


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What is YCIH Green High-Performance Concrete Co EBIT?

YCIH Green High-Performance Concrete Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. YCIH Green High-Performance Concrete Co's annualized ROC % for the quarter that ended in Dec. 2023 was -1.42%. YCIH Green High-Performance Concrete Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. YCIH Green High-Performance Concrete Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.15%.


YCIH Green High-Performance Concrete Co EBIT Historical Data

The historical data trend for YCIH Green High-Performance Concrete 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.

YCIH Green High-Performance Concrete Co EBIT Chart

YCIH Green High-Performance Concrete Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 280.13 338.35 27.62 57.42 -25.89

YCIH Green High-Performance Concrete Co Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.77 40.27 19.05 -6.27 -19.62

Competitive Comparison of YCIH Green High-Performance Concrete Co's EBIT

For the Building Materials subindustry, YCIH Green High-Performance Concrete 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.


YCIH Green High-Performance Concrete Co's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, YCIH Green High-Performance Concrete Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where YCIH Green High-Performance Concrete Co's EV-to-EBIT falls into.



YCIH Green High-Performance Concrete 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-26 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.


YCIH Green High-Performance Concrete Co  (HKSE:01847) EBIT Explanation

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

YCIH Green High-Performance Concrete Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-33.428 * ( 1 - 23.59% )/( (1710.579 + 1877.689)/ 2 )
=-25.5423348/1794.134
=-1.42 %

where

Invested Capital(Q: Jun. 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))
=5246.335 - 3356.309 - ( 179.447 - max(0, 3724.074 - 4920.575+179.447))
=1710.579

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))
=4873.606 - 2909.394 - ( 86.523 - max(0, 3363.509 - 4500.422+86.523))
=1877.689

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

YCIH Green High-Performance Concrete Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-39.246/( ( (236.459 + max(1253.964, 0)) + (282.437 + max(1438.413, 0)) )/ 2 )
=-39.246/( ( 1490.423 + 1720.85 )/ 2 )
=-39.246/1605.6365
=-2.44 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4210.763 + 25.224 + 381.022) - (3356.309 + 0 + 6.7359999999999)
=1253.964

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4032.423 + 24.453 + 305.115) - (2909.394 + 0 + 14.184)
=1438.413

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

YCIH Green High-Performance Concrete Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-25.89/623.313
=-4.15 %

* 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.


YCIH Green High-Performance Concrete Co EBIT Related Terms

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YCIH Green High-Performance Concrete Co (HKSE:01847) Business Description

Traded in Other Exchanges
N/A
Address
188 Linxi Road, 5th Floor and 9th Floor, YCIH Development Building, Information Industrial Base, Yunnan, Economic and Technological Development Zone, Kunming, CHN
YCIH Green High-Performance Concrete Co Ltd is a ready-mixed concrete producer in China. It produces and supplies ready-mixed concrete and related construction materials as well as provides quality and technology management services to customers. The company generates revenue in the form of the sale of ready-mixed concrete, polycarboxylic admixtures, aggregates, and Quality & technology management service. All of its revenues come from Mainland China.
Executives
Hwabao Trust Co., Ltd 2301 Trustee
Hua An Ji Jin Yun Nan Jiao Tou Tou Zi Dan Yi Zi Chan Guan Li Ji Hua 2501 Other
Yun Nan Sheng Jiao Tong Tou Zi Jian She Ji Tuan You Xian Gong Si
Yun Nan Jiao Tou Ji Tuan Tou Zi You Xian Gong Si 2101 Beneficial owner
Hua An Ji Jin Yun Nong Ken Dan Yi Zi Chan Guan Li Ji Hua 2501 Other
Yun Nan Nong Ken Ji Tuan You Xian Ze Ren Gong Si 2101 Beneficial owner
Kun Ming Gang Tie Kong Gu You Xian Gong Si 2101 Beneficial owner
Yun Nan Sheng Gong Ye Tou Zi Kong Gu Ji Tuan You Xian Ze Ren Gong Si 2101 Beneficial owner
Hua An Ji Jin Guan Li You Xian Gong Si 2501 Other
Yunnan Provincial Energy Investment Group Co., Ltd 2201 Interest of corporation controlled by you
Yunnan Energy Investment (h K) Co. Limited 2101 Beneficial owner
China Resources (holdings) Company Limited 2201 Interest of corporation controlled by you
Zoomlion International Trading (h.k.) Co.,limited 2101 Beneficial owner
Zoomlion Heavy Industry Science And Technology Co.,limited 2201 Interest of corporation controlled by you
Zoomlion H.k. Holding Co., Limited 2201 Interest of corporation controlled by you

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