United Strength Power Holdings (HKSE:02337) EBIT : HK$139 Mil (TTM As of Jun. 2024)

View and export this data going back to 2017. Start your Free Trial

What is United Strength Power Holdings EBIT?

United Strength Power Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$139 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. United Strength Power Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 4.83%. United Strength Power Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 15.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. United Strength Power Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 10.25%.

United Strength Power Holdings EBIT Historical Data

The historical data trend for United Strength Power 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.

United Strength Power Holdings EBIT Chart

United Strength Power Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

238.19

234.32

360.03

81.68

107.70

United Strength Power Holdings Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial													36.76	46.66	28.51	79.19	60.04

Competitive Comparison of United Strength Power Holdings's EBIT

For the Oil & Gas Refining & Marketing subindustry, United Strength Power 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.

United Strength Power Holdings's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, United Strength Power Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where United Strength Power Holdings's EV-to-EBIT falls into.

Save Embed

;

Save Embed

;

United Strength Power 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$139 Mil.

United Strength Power Holdings (HKSE:02337) EBIT Explanation

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

United Strength Power 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 )
=	113.316 * ( 1 - 33.59% )	/	( (1432.798	+	1683.33)	/ 2 )
=	75.2531556	/	1558.064
=	4.83 %

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	))
=	2094.145	-	489.769	-	( 171.578	-	max(0, 1247.667	-	1457.969	+	171.578	))
=	1432.798

	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	))
=	1809.953	-	51.182	-	( 75.441	-	max(0, 960.415	-	1209.395	+	75.441	))
=	1683.33

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:

United Strength Power 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 )
=	120.07	/	( ( (534.309 + max(502.036, 0))	+	(489.848 + max(-229.389, 0)) )	/	2 )
=	120.07	/	( ( 1036.345	+	489.848 )	/	2 )
=	120.07	/	763.0965
=	15.73 %

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)
=	(37.471	+	202.829	+	1034.599)	-	(489.769	+	0	+	283.094)
=	502.036

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(52.068	+	196.493	+	84.091)	-	(51.182	+	0	+	510.859)
=	-229.389

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:

United Strength Power Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	139.225	/	1358.067
	=	10.25 %

United Strength Power Holdings EBIT Related Terms

Thank you for viewing the detailed overview of United Strength Power Holdings's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

United Strength Power Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » United Strength Power Holdings Ltd (HKSE:02337) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 2101, Unit 1, Block 23, Zone G, Jilin Province, Solana 2, Erdao District, Changchun, CHN

Website

http://www.united-strength.com

United Strength Power Holdings Ltd operates a vehicle natural gas refueling station in the Jilin province of China. The company sells compressed natural gas, liquefied natural gas, and liquefied petroleum gas. It operates through three business segments namely, the Sale of refined oil, the Sale of natural gas, and the Provision of transportation services. The company generates maximum revenue from the sale of the refined oil segment.

Executives

Dynamic Fame Global Limited	2101 Beneficial owner
Xu Hang	2201 Interest of corporation controlled by you
Golden Truth Holdings Limited	2101 Beneficial owner
Ji Yuanyuan	2202 Interest of your spouse
Zhao Jinmin	2201 Interest of corporation controlled by you
Propitious Peak Limited
Heroic Year Limited
Liu Yingwu
Ma Dan

United Strength Power Holdings Headlines

No Headlines