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Baoye Group Co (HKSE:02355) EBIT : HK$1,137 Mil (TTM As of Jun. 2024)


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What is Baoye Group Co EBIT?

Baoye Group Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$700 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$1,137 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Baoye Group Co's annualized ROC % for the quarter that ended in Jun. 2024 was 3.21%. Baoye Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 38.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Baoye Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -34.37%.


Baoye Group Co EBIT Historical Data

The historical data trend for Baoye Group 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.

Baoye Group Co EBIT Chart

Baoye Group Co 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 1,642.81 1,636.89 1,688.00 1,342.53 1,746.92

Baoye Group Co 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 493.85 872.06 1,309.76 437.17 699.80

Competitive Comparison of Baoye Group Co's EBIT

For the Engineering & Construction subindustry, Baoye Group 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.


Baoye Group Co's EV-to-EBIT Distribution in the Construction Industry

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

* The bar in red indicates where Baoye Group Co's EV-to-EBIT falls into.


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Baoye Group 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$1,137 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.


Baoye Group Co  (HKSE:02355) EBIT Explanation

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

Baoye Group Co'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 )
=1216.154 * ( 1 - 33.95% )/( (26126.579 + 23994.315)/ 2 )
=803.269717/25060.447
=3.21 %

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))
=53063.761 - 19465.951 - ( 11968.009 - max(0, 37387.924 - 44859.155+11968.009))
=26126.579

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))
=50219.767 - 18461.212 - ( 10029.638 - max(0, 34502.839 - 42267.079+10029.638))
=23994.315

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:

Baoye Group Co'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 )
=1399.596/( ( (3354.368 + max(-11350.279, 0)) + (4011.884 + max(-8416.653, 0)) )/ 2 )
=1399.596/( ( 3354.368 + 4011.884 )/ 2 )
=1399.596/3683.126
=38.00 %

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)
=(5393.16 + 17860.286 + 0.00099999999656575) - (19465.951 + 0 + 15137.775)
=-11350.279

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5545.308 + 15898.78 + 1997.306) - (18461.212 + 0 + 13396.835)
=-8416.653

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:

Baoye Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=1136.963/-3308.401
=-34.37 %

* 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.


Baoye Group Co EBIT Related Terms

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Baoye Group Co Business Description

Traded in Other Exchanges
Address
No. 1687 Guazhu East Road, Keqiao District, Zhejiang Province, Shaoxing, CHN, 312030
Baoye Group Co Ltd is engaged in construction service. Its operation mainly comprises construction services, sale and installation of building materials and development and sale of properties in the PRC. The company's reportable segments include Construction, Property development, Building materials, and others. It generates maximum revenue from the Construction segment.

Baoye Group Co Headlines

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