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China Boqi Environmental (Holding) Co (HKSE:02377) EBIT : HK$296 Mil (TTM As of Jun. 2024)


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What is China Boqi Environmental (Holding) Co EBIT?

China Boqi Environmental (Holding) Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$146 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$296 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Boqi Environmental (Holding) Co's annualized ROC % for the quarter that ended in Jun. 2024 was 6.77%. China Boqi Environmental (Holding) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 35.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Boqi Environmental (Holding) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 63.75%.


China Boqi Environmental (Holding) Co EBIT Historical Data

The historical data trend for China Boqi Environmental (Holding) 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.

China Boqi Environmental (Holding) Co EBIT Chart

China Boqi Environmental (Holding) 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 237.29 291.16 484.69 211.69 316.14

China Boqi Environmental (Holding) Co 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 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 21.43 191.28 165.87 150.27 145.94

Competitive Comparison of China Boqi Environmental (Holding) Co's EBIT

For the Pollution & Treatment Controls subindustry, China Boqi Environmental (Holding) 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.


China Boqi Environmental (Holding) Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Boqi Environmental (Holding) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Boqi Environmental (Holding) Co's EV-to-EBIT falls into.


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China Boqi Environmental (Holding) 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$296 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 Boqi Environmental (Holding) Co  (HKSE:02377) EBIT Explanation

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

China Boqi Environmental (Holding) 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 )
=252.4 * ( 1 - 9.71% )/( (3429.718 + 3303.92)/ 2 )
=227.89196/3366.819
=6.77 %

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))
=5489.454 - 1413.728 - ( 646.008 - max(0, 1965.516 - 3075.543+646.008))
=3429.718

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))
=5492.633 - 1561.364 - ( 627.349 - max(0, 1823.377 - 2957.457+627.349))
=3303.92

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 Boqi Environmental (Holding) 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 )
=291.872/( ( (743.951 + max(-240.133, 0)) + (881.166 + max(-230.45, 0)) )/ 2 )
=291.872/( ( 743.951 + 881.166 )/ 2 )
=291.872/812.5585
=35.92 %

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)
=(1292.31 + 36.24 + 262.17) - (1413.728 + 0 + 417.125)
=-240.133

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1304.377 + 39.228 + 99.865) - (1561.364 + 0 + 112.556)
=-230.45

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 Boqi Environmental (Holding) Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=296.204/464.623
=63.75 %

* 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 Boqi Environmental (Holding) Co EBIT Related Terms

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China Boqi Environmental (Holding) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Laiguangying West Road, 9-10th Floor, CCT Center, Chaoyang District, Beijing, CHN, 100123
China Boqi Environmental (Holding) Co Ltd is an investment holding company providing independent flue gas treatment service and environmental protection solution services by various business models, including environmental protection facility engineering, operation, and maintenance, and concession operation. It operates in four segments: Flue gas treatment; Water treatment; Hazardous and solid waste treatment/disposal business; and Dual-carbon new energy+ business. The group operates in the PRC.
Executives
Cheng Liquan Richard 2401 A concert party to an agreement to buy shares
World Hero International Limited 2101 Beneficial owner
Zhou Xuan 2202 Interest of your spouse
Zhong Guo Shi You Hua Gong Ji Tuan You Xian Gong Si
Zhong Guo Shi Hua Hai Wai Tou Zi Kong Gu You Xian Gong Si
Ge Tong 2202 Interest of your spouse
Zhong Guo Shi You Hua Gong Gu Fen You Xian Gong Si
Best Dawn Limited 2101 Beneficial owner
Zeng Zhijun 2201 Interest of corporation controlled by you
New Asia Limited 2101 Beneficial owner
Zhu Weihang 2201 Interest of corporation controlled by you
Great Origin Ventures Limited 2201 Interest of corporation controlled by you
Cheng Liquan Richard
Cheng Liquan Richard 2401 A concert party to an agreement to buy shares
Bright Hope Global Investments Limited 2201 Interest of corporation controlled by you

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