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Shanghai Jin Jiang Capital Co (HKSE:02006) EBIT : HK$1,531 Mil (TTM As of Dec. 2021)


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What is Shanghai Jin Jiang Capital Co EBIT?

Shanghai Jin Jiang Capital Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2021 was HK$807 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2021 was HK$1,531 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shanghai Jin Jiang Capital Co's annualized ROC % for the quarter that ended in Dec. 2021 was 0.75%. Shanghai Jin Jiang Capital Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 was 6.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shanghai Jin Jiang Capital Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2021 was 4.64%.


Shanghai Jin Jiang Capital Co EBIT Historical Data

The historical data trend for Shanghai Jin Jiang Capital 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.

Shanghai Jin Jiang Capital Co EBIT Chart

Shanghai Jin Jiang Capital Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,145.36 2,770.76 3,551.08 2,098.21 1,541.02

Shanghai Jin Jiang Capital Co Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 Premium Member Only Premium Member Only Premium Member Only 1,535.19 174.21 1,909.51 723.73 807.46

Competitive Comparison of Shanghai Jin Jiang Capital Co's EBIT

For the Lodging subindustry, Shanghai Jin Jiang Capital 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.


Shanghai Jin Jiang Capital Co's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shanghai Jin Jiang Capital Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shanghai Jin Jiang Capital Co's EV-to-EBIT falls into.



Shanghai Jin Jiang Capital 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. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$1,531 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.


Shanghai Jin Jiang Capital Co  (HKSE:02006) EBIT Explanation

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

Shanghai Jin Jiang Capital Co's annualized ROC % for the quarter that ended in Dec. 2021 is calculated as:

ROC % (Q: Dec. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2021 ) + Invested Capital (Q: Dec. 2021 ))/ count )
=1278.076 * ( 1 - 60.54% )/( (66042.631 + 67888.267)/ 2 )
=504.3287896/66965.449
=0.75 %

where

Invested Capital(Q: Jun. 2021 )
=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))
=79065.251 - 10679.833 - ( 17913.93 - max(0, 22474.574 - 24817.361+17913.93))
=66042.631

Invested Capital(Q: Dec. 2021 )
=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))
=79676.181 - 13240.615 - ( 15879.839 - max(0, 23940.207 - 22487.506+15879.839))
=67888.267

Note: The Operating Income data used here is two times the semi-annual (Dec. 2021) data.

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

Shanghai Jin Jiang Capital Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2021  Q: Dec. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1614.916/( ( (24847.47 + max(-4994.697, 0)) + (24131.302 + max(-7847.761, 0)) )/ 2 )
=1614.916/( ( 24847.47 + 24131.302 )/ 2 )
=1614.916/24489.386
=6.59 %

where Working Capital is:

Working Capital(Q: Jun. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5592.732 + 291.918 + 1018.781) - (10679.833 + 0 + 1218.295)
=-4994.697

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5625.015 + 310.607 + 672.045) - (13240.615 + 0 + 1214.813)
=-7847.761

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2021) EBIT data.

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

Shanghai Jin Jiang Capital Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2021 )
=1531.187/33022.374
=4.64 %

* 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.


Shanghai Jin Jiang Capital Co EBIT Related Terms

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Shanghai Jin Jiang Capital Co (HKSE:02006) Business Description

Traded in Other Exchanges
N/A
Address
No. 100 Yan’an East Road, 26th Floor, Union Building, Shanghai, CHN, 200002
Shanghai Jin Jiang Capital Co Ltd is a hotel group in China, principally engaged in hotel operation and management, franchising, and the businesses of restaurants, transportation, logistics, and travel agency. Its segment includes Full-Service Hotels; Select Service Hotels- Managed and operated in Mainland China; Select Service Hotels- Managed and operated overseas; Food and Restaurants; Passenger Transportation Vehicles and Logistics; Travel Agency and Other Operations. The group generates a majority of its revenue from the Select Service Hotels- Managed and operated in Mainland China.

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