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SINOPEC Engineering (Group) Co (HKSE:02386) EBIT : HK$3,131 Mil (TTM As of Dec. 2024)


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What is SINOPEC Engineering (Group) Co EBIT?

SINOPEC Engineering (Group) Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was HK$1,471 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was HK$3,131 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SINOPEC Engineering (Group) Co's annualized ROC % for the quarter that ended in Dec. 2024 was 2.07%. SINOPEC Engineering (Group) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 56.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SINOPEC Engineering (Group) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 133.66%.


SINOPEC Engineering (Group) Co EBIT Historical Data

The historical data trend for SINOPEC Engineering (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.

SINOPEC Engineering (Group) Co EBIT Chart

SINOPEC Engineering (Group) Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,675.97 3,275.70 3,166.74 3,114.34 3,117.52

SINOPEC Engineering (Group) Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1,315.69 1,674.69 1,439.65 1,660.56 1,470.65

Competitive Comparison of SINOPEC Engineering (Group) Co's EBIT

For the Engineering & Construction subindustry, SINOPEC Engineering (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.


SINOPEC Engineering (Group) Co's EV-to-EBIT Distribution in the Construction Industry

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

* The bar in red indicates where SINOPEC Engineering (Group) Co's EV-to-EBIT falls into.


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SINOPEC Engineering (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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$3,131 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.


SINOPEC Engineering (Group) Co  (HKSE:02386) EBIT Explanation

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

SINOPEC Engineering (Group) Co's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=890.46 * ( 1 - 13.74% )/( (36645.225 + 37520.355)/ 2 )
=768.110796/37082.79
=2.07 %

where

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))
=87292.022 - 28250.04 - ( 22396.757 - max(0, 51718.385 - 78564.777+22396.757))
=36645.225

Invested Capital(Q: Dec. 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))
=87029.515 - 26657.572 - ( 22851.588 - max(0, 51092.426 - 78437.316+22851.588))
=37520.355

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

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

SINOPEC Engineering (Group) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2941.292/( ( (5114.872 + max(-31956.039, 0)) + (5317.386 + max(-31220.407, 0)) )/ 2 )
=2941.292/( ( 5114.872 + 5317.386 )/ 2 )
=2941.292/5216.129
=56.39 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7877.395 + 615.494 + 11105.285) - (28250.04 + 0 + 23304.173)
=-31956.039

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8210.937 + 573.249 + 10789.756) - (26657.572 + 0 + 24136.777)
=-31220.407

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=3131.202/2342.584
=133.66 %

* 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.


SINOPEC Engineering (Group) Co EBIT Related Terms

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SINOPEC Engineering (Group) Co Business Description

Traded in Other Exchanges
Address
67A, Ande Road, Xicheng District, Beijing, CHN, 100011
SINOPEC Engineering (Group) Co Ltd is a wholly owned subsidiary of the Sinopec Group, a Chinese company. The group provides integrated engineering services and technical patents for domestic and international refining and chemical engineering businesses. The group mainly contains four segments: engineering, consulting and licensing; engineering, procurement and construction (EPC) contracting; construction; and equipment manufacturing. The company generates a majority of its revenue from the EPC contracting segment. Geographically, the business presence of the group is predominantly seen in China, Kuwait, Saudi Arabia, and other countries.
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