Seacon Shipping Group Holdings (HKSE:02409) EBIT : HK$450 Mil (TTM As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Seacon Shipping Group Holdings EBIT?

Seacon Shipping Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$327 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$450 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Seacon Shipping Group Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 11.49%. Seacon Shipping Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 19.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Seacon Shipping Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 10.00%.

Seacon Shipping Group Holdings EBIT Historical Data

The historical data trend for Seacon Shipping 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.

Seacon Shipping Group Holdings EBIT Chart

Seacon Shipping Group Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

91.31

41.14

348.12

524.40

248.10

Seacon Shipping Group Holdings Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial			319.80	207.15	125.39	123.08	326.51

Competitive Comparison of Seacon Shipping Group Holdings's EBIT

For the Marine Shipping subindustry, Seacon Shipping 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.

Seacon Shipping Group Holdings's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Seacon Shipping Group Holdings's EV-to-EBIT distribution charts can be found below:

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

Seacon Shipping 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$450 Mil.

Seacon Shipping Group Holdings (HKSE:02409) EBIT Explanation

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

Seacon Shipping 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 )
=	452.042 * ( 1 - 0.92% )	/	( (3598.991	+	4195.875)	/ 2 )
=	447.8832136	/	3897.433
=	11.49 %

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	))
=	3842.867	-	237.816	-	( 218.643	-	max(0, 564.938	-	570.998	+	218.643	))
=	3598.991

	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	))
=	4605.635	-	392.531	-	( 348.248	-	max(0, 972.001	-	989.23	+	348.248	))
=	4195.875

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:

Seacon Shipping 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 )
=	653.026	/	( ( (3116.329 + max(37.424, 0))	+	(3464.063 + max(-104.17, 0)) )	/	2 )
=	653.026	/	( ( 3153.753	+	3464.063 )	/	2 )
=	653.026	/	3308.908
=	19.74 %

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)
=	(79.808	+	50.194	+	182.499)	-	(237.816	+	0	+	37.261)
=	37.424

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(63.956	+	46.727	+	384.174)	-	(392.531	+	0	+	206.496)
=	-104.17

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	449.595	/	4493.773
	=	10.00 %

Seacon Shipping Group Holdings EBIT Related Terms

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

Seacon Shipping Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Seacon Shipping Group Holdings Ltd (HKSE:02409) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

No. 20 Zhuzhou Road, 23rd Floor, Block B, Building 3, Hisense Innovation Valley, Laoshan District, Shandong Province, Qingdao, CHN

Website

http://www.seacon.com

Seacon Shipping Group Holdings Ltd is an integrated shipping services provider. Its reportable segments are; Shipping business and Ship management business. The maximum revenue for the company is generated from its Shipping business segment which provides shipping services for commodity owners, traders, and shipping service companies through its controlled or chartered-in vessels.

Executives

Tricor Equity Trustee Limited	2301 Trustee
Shining Friends Limited	2201 Interest of corporation controlled by you
Oceanic Flame Limited	2201 Interest of corporation controlled by you
Guo Jinkui	2501 Other
Li Xuyue	2202 Interest of your spouse
Jin Qiu Holding Ltd.	2101 Beneficial owner
Chen Meimei	2202 Interest of your spouse
Kaimei Holding Ltd.	2101 Beneficial owner
Jovial Alliance Limited	2101 Beneficial owner
Chen Zekai	2501 Other

Seacon Shipping Group Holdings Headlines

No Headlines