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Ruisen Life Service Co (HKSE:01922) EBIT : HK$181 Mil (TTM As of Dec. 2023)


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What is Ruisen Life Service Co EBIT?

Ruisen Life Service Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$85 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$181 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ruisen Life Service Co's annualized ROC % for the quarter that ended in Dec. 2023 was 26.42%. Ruisen Life Service Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 159.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ruisen Life Service Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 292.26%.


Ruisen Life Service Co EBIT Historical Data

The historical data trend for Ruisen Life Service 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.

Ruisen Life Service Co EBIT Chart

Ruisen Life Service Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 60.23 128.94 170.23 176.51 181.36

Ruisen Life Service 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 91.10 90.50 90.30 96.75 84.61

Competitive Comparison of Ruisen Life Service Co's EBIT

For the Real Estate Services subindustry, Ruisen Life Service 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.


Ruisen Life Service Co's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ruisen Life Service Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ruisen Life Service Co's EV-to-EBIT falls into.


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Ruisen Life Service 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$181 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.


Ruisen Life Service Co  (HKSE:01922) EBIT Explanation

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

Ruisen Life Service 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 )
=268.632 * ( 1 - 20.64% )/( (748.326 + 865.47)/ 2 )
=213.1863552/806.898
=26.42 %

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))
=1410.951 - 450.312 - ( 212.313 - max(0, 883.456 - 1136.535+212.313))
=748.326

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))
=1600.6 - 485.515 - ( 502.535 - max(0, 1004.606 - 1254.221+502.535))
=865.47

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:

Ruisen Life Service 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 )
=169.212/( ( (107.4 + max(-289.662, 0)) + (105.259 + max(-468.419, 0)) )/ 2 )
=169.212/( ( 107.4 + 105.259 )/ 2 )
=169.212/106.3295
=159.14 %

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)
=(480.644 + 10.16 + 3.2340000000002) - (450.312 + 0 + 333.388)
=-289.662

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(431.75 + 8.562 + 5.7839999999999) - (485.515 + 0 + 429)
=-468.419

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:

Ruisen Life Service Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=181.356/62.054
=292.26 %

* 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.


Ruisen Life Service Co EBIT Related Terms

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Ruisen Life Service Co Business Description

Traded in Other Exchanges
N/A
Address
289 Jiangdong Avenue North, 5th Floor, Block A Yincheng Plaza, Jiangsu Province, Nanjing, CHN
Ruisen Life Service Co Ltd Formerly Yincheng Life Service Co Ltd is a property management service provider. It provides diversified property management services and value-added services for living communities. The business covers a wide range of properties, including residential and non-residential properties such as government facilities, financial institutions, property sales offices, hospitals, commercial complex, parks, highway service areas.
Executives
First Beijing Investment Limited 2102 Investment manager
Silver Huang Holding Limited 2101 Beneficial owner
Huang Qingping 2201 Interest of corporation controlled by you
Hongkong Ruihua Investment Management Limited 2101 Beneficial owner
Zhang Jianbin 2201 Interest of corporation controlled by you
Jiang Su Rui Hua Tou Zi Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Silver Zhu Holding Limited 2101 Beneficial owner
Zhu Linnan 2201 Interest of corporation controlled by you

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