GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shanxi Installation Group Co Ltd (HKSE:02520) » Definitions » EBIT

Shanxi Installation Group Co (HKSE:02520) EBIT : HK$610 Mil (TTM As of Jun. 2024)


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

What is Shanxi Installation Group Co EBIT?

Shanxi Installation Group Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$324 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$610 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shanxi Installation Group Co's annualized ROC % for the quarter that ended in Jun. 2024 was 5.71%. Shanxi Installation Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 42.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shanxi Installation Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 6.56%.

Shanxi Installation Group Co EBIT Historical Data

The historical data trend for Shanxi Installation 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.

Shanxi Installation Group Co EBIT Chart

Shanxi Installation Group Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
772.72 743.17 681.19 614.44

Shanxi Installation Group Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial 424.62 276.67 328.25 286.19 323.54

Competitive Comparison of Shanxi Installation Group Co's EBIT

For the Engineering & Construction subindustry, Shanxi Installation 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.

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

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

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


;
;

Shanxi Installation 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$610 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.

Shanxi Installation Group Co  (HKSE:02520) EBIT Explanation

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

Shanxi Installation 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 )
=745.804 * ( 1 - -2.02% )/( (11824.638 + 14809.695)/ 2 )
=760.8692408/13317.1665
=5.71 %

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))
=25728.338 - 13847.777 - ( 2286.176 - max(0, 18604.357 - 18660.28+2286.176))
=11824.638

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))
=27760.302 - 12750.33 - ( 2743.606 - max(0, 20384.619 - 20584.896+2743.606))
=14809.695

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:

Shanxi Installation 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 )
=647.074/( ( (1515.951 + max(-7613.534, 0)) + (1538.947 + max(-6245.295, 0)) )/ 2 )
=647.074/( ( 1515.951 + 1538.947 )/ 2 )
=647.074/1527.449
=42.36 %

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)
=(7047.038 + 183.463 + 597.622) - (13847.777 + 0 + 1593.88)
=-7613.534

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6788.598 + 429.934 + 1899.944) - (12750.33 + 0 + 2613.441)
=-6245.295

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=609.728/9292.000
=6.56 %

* 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.

Shanxi Installation Group Co EBIT Related Terms

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

Shanxi Installation Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shanxi Installation Group Co Ltd (HKSE:02520) » Definitions » EBIT
Comparable Companies
HKSE:00331 HKSE:09913 HKSE:02355 HKSE:01599 HKSE:01271 HKSE:01726 HKSE:02236 HKSE:01662 HKSE:03928 HKSE:00830 XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP EME SHSE:601390 HKSE:01800 J XKRX:028260
Traded in Other Exchanges
N/A
Address
No. 8 Xinhua Road, Tanghuai Industrial Park, Shanxi Transformation and Comprehensive, Reform Demonstration Zone, Shanxi, Taiyuan, CHN
Website
http://www.sxaz.com.cn
Shanxi Installation Group Co Ltd is a construction service provider based in Taiyuan, a city in Shanxi Province, China. It is engaged in specialized industrial construction, specialized auxiliary construction, other construction, and non-construction business. It offers a wide range of services, from design and consulting, investment and construction, and building construction, to operation and maintenance.
Executives
Xiang Gang Li Jun Jian An Tou Zi You Xian Gong Si 2101 Beneficial owner
Citic Securities Company Limited 2201 Interest of corporation controlled by you
Xi An Shan Gong Guo Ji Jian Zhu Gong Cheng You Xian Gong Si 2201 Interest of corporation controlled by you
Ming Yang Zhi Hui Neng Yuan Ji Tuan Gu Fen Gong Si 2101 Beneficial owner
Gaoteng Global Asset Management Limited 2201 Interest of corporation controlled by you
Jinyi Capital Multi-strategy Fund Spc Ltd. 2101 Beneficial owner
Hai Nan Tian Kun Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Hai Nan Tian Kun Shen Yi Si Mu Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Jin Luo Shen Zhen Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Su Wan Wei Dian Qi You Xian Gong Si 2201 Interest of corporation controlled by you
Hai Nan Tian Kun Xian Ning Si Mu Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Hai Nan Jing Tai Jing Zhun Gu Quan Si Mu Ji Jin Er Qi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Si Chuan Hua Zhi Ye Can Dian Li She Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Jing Tai Chuang Ye Tou Zi Si Mu Ji Jin Guan Li Hai Nan He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you

Shanxi Installation Group Co Headlines

No Headlines