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China Lesso Group Holdings (HKSE:02128) EBIT : HK$3,615 Mil (TTM As of Jun. 2024)


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What is China Lesso Group Holdings EBIT?

China Lesso Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$1,903 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$3,615 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Lesso Group Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 7.07%. China Lesso Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 15.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Lesso Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 12.59%.


China Lesso Group Holdings EBIT Historical Data

The historical data trend for China Lesso Group Holdings'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 Lesso Group Holdings EBIT Chart

China Lesso Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,073.16 6,151.75 5,330.63 4,323.37 4,131.13

China Lesso Group Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 2,133.63 2,290.73 2,418.84 1,712.29 1,902.61

Competitive Comparison of China Lesso Group Holdings's EBIT

For the Building Products & Equipment subindustry, China Lesso Group Holdings'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 Lesso Group Holdings's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Lesso Group Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Lesso Group Holdings's EV-to-EBIT falls into.



China Lesso Group Holdings 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$3,615 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 Lesso Group Holdings  (HKSE:02128) EBIT Explanation

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

China Lesso Group Holdings's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=4897.606 * ( 1 - 20.78% )/( (58412.806 + 51401.5)/ 2 )
=3879.8834732/54907.153
=7.07 %

where

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))
=65660.936 - 11293.712 - ( 5656.993 - max(0, 26811.496 - 22765.914+5656.993))
=58412.806

Invested Capital(Q: Jun. 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))
=64154.266 - 12169.414 - ( 5438.504 - max(0, 22632.655 - 23216.007+5438.504))
=51401.5

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

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

China Lesso Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3805.226/( ( (21708.908 + max(1708.86, 0)) + (20179.218 + max(4945.07, 0)) )/ 2 )
=3805.226/( ( 23417.768 + 25124.288 )/ 2 )
=3805.226/24271.028
=15.68 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7393.647 + 7231.483 + 2058.389) - (11293.712 + 0 + 3680.947)
=1708.86

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7540.762 + 7370.869 + 4385.57) - (12169.414 + 0 + 2182.717)
=4945.07

When net working capital is negative, 0 is used.

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

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

China Lesso Group Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=3614.902/28718.151
=12.59 %

* 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 Lesso Group Holdings EBIT Related Terms

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China Lesso Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
Liansu Industrial Estate, Longjiang Town, Shunde District, Foshan, CHN, 528318
China Lesso Group Holdings Ltd is engaged in the manufacturing and selling of piping and building materials in Mainland China. The company provides high-quality products and services such as plastic piping, building materials, and home improvement, new energy, environmental protection, and operates a supply chain service platform. It has three segments Southern China, including Guangdong Province, Guangxi Zhuang Autonomous Region, Hunan Province, Fujian Province, and Hainan Province; Other than Southern China, including regions in China other than Southern China; and Outside China.
Executives
New Fortune Star Limited 2101 Beneficial owner
Xi Xi Development Limited 2201 Interest of corporation controlled by you
Wong Luen Hei 2307 Founder of a discretionary trust who can infl
Zuo Xiaoping 2305 Beneficiary of a trust

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