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Henan Jinyuan Hydrogenated Chemicals Co (HKSE:02502) EBIT : HK$89 Mil (TTM As of Jun. 2024)


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What is Henan Jinyuan Hydrogenated Chemicals Co EBIT?

Henan Jinyuan Hydrogenated Chemicals Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$68 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$89 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Henan Jinyuan Hydrogenated Chemicals Co's annualized ROC % for the quarter that ended in Jun. 2024 was 6.24%. Henan Jinyuan Hydrogenated Chemicals Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 12.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Henan Jinyuan Hydrogenated Chemicals Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 27.43%.


Henan Jinyuan Hydrogenated Chemicals Co EBIT Historical Data

The historical data trend for Henan Jinyuan Hydrogenated Chemicals 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.

Henan Jinyuan Hydrogenated Chemicals Co EBIT Chart

Henan Jinyuan Hydrogenated Chemicals Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
82.92 139.04 269.77 114.80

Henan Jinyuan Hydrogenated Chemicals Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial 166.99 110.68 93.54 21.26 67.84

Competitive Comparison of Henan Jinyuan Hydrogenated Chemicals Co's EBIT

For the Specialty Chemicals subindustry, Henan Jinyuan Hydrogenated Chemicals 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.


Henan Jinyuan Hydrogenated Chemicals Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Henan Jinyuan Hydrogenated Chemicals Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Henan Jinyuan Hydrogenated Chemicals Co's EV-to-EBIT falls into.


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Henan Jinyuan Hydrogenated Chemicals 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$89 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.


Henan Jinyuan Hydrogenated Chemicals Co  (HKSE:02502) EBIT Explanation

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

Henan Jinyuan Hydrogenated Chemicals 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 )
=108.378 * ( 1 - 18.29% )/( (1404.916 + 1433.376)/ 2 )
=88.5556638/1419.146
=6.24 %

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))
=1819.376 - 229.399 - ( 328.91 - max(0, 418.45 - 603.511+328.91))
=1404.916

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))
=1830.507 - 186.764 - ( 417.937 - max(0, 450.423 - 660.79+417.937))
=1433.376

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:

Henan Jinyuan Hydrogenated Chemicals 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 )
=135.688/( ( (1075.29 + max(-63.302, 0)) + (1040.331 + max(-76.463, 0)) )/ 2 )
=135.688/( ( 1075.29 + 1040.331 )/ 2 )
=135.688/1057.8105
=12.83 %

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)
=(35.156 + 128.502 + 35.46) - (229.399 + 0 + 33.021)
=-63.302

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32.878 + 92.14 + 12.149) - (186.764 + 0 + 26.866)
=-76.463

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:

Henan Jinyuan Hydrogenated Chemicals Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=89.099/324.765
=27.43 %

* 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.


Henan Jinyuan Hydrogenated Chemicals Co EBIT Related Terms

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Henan Jinyuan Hydrogenated Chemicals Co Business Description

Traded in Other Exchanges
N/A
Address
West First Ring Road South, Henan Province, Jiyuan, CHN
Henan Jinyuan Hydrogenated Chemicals Co Ltd supplies hydrogenated benzene-based chemicals and energy products in Henan province. The company operates in the following segments: The Refined chemicals segment which accounts for the majority of revenue engages in sales of hydrogenated benzene-based chemicals; the Energy products segment sale energy products, mainly coal gas and LNG; Trading engages in trading of refined oil, LNG, and hydrogen through gas stations and Other Services segment.
Executives
Henan Jinma Energy Company Limited
Max Success Group Holdings Limited
Ng Mei Ling
Yeung Chi Ming
Ascend Open Master Fund Vcc - Yide Kui Mao Fund V 2101 Beneficial owner
Haitong International Holdings Limited 2201 Interest of corporation controlled by you
Haitong International Securities Company Limited 2101 Beneficial owner
Haitong International Securities Group Limited 2201 Interest of corporation controlled by you
Haitong Securities Co., Ltd. 2201 Interest of corporation controlled by you
Ubs Tc (jersey) Ltd 2201 Interest of corporation controlled by you
Zhongsheng Holdings Company Limited 2101 Beneficial owner
Zhongsheng Group Holdings Limited 2201 Interest of corporation controlled by you
You Zhenhua
Wang Fengmei
Dong Caiping

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