Shenghui Cleanness Group Holdings (HKSE:02521) EBIT : HK$29.1 Mil (TTM As of Jun. 2024)

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What is Shenghui Cleanness Group Holdings EBIT?

Shenghui Cleanness Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$12.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$29.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenghui Cleanness Group Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 10.21%. Shenghui Cleanness Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 14.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenghui Cleanness Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.89%.

Shenghui Cleanness Group Holdings EBIT Historical Data

The historical data trend for Shenghui Cleanness 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.

Shenghui Cleanness Group Holdings EBIT Chart

Shenghui Cleanness Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

EBIT

47.19

56.38

45.16

36.08

Shenghui Cleanness Group Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial			22.02	24.18	19.36	16.73	12.41

Competitive Comparison of Shenghui Cleanness Group Holdings's EBIT

For the Personal Services subindustry, Shenghui Cleanness 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.

Shenghui Cleanness Group Holdings's EV-to-EBIT Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Shenghui Cleanness Group Holdings's EV-to-EBIT distribution charts can be found below:

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

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Shenghui Cleanness 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$29.1 Mil.

Shenghui Cleanness Group Holdings (HKSE:02521) EBIT Explanation

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

Shenghui Cleanness 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 )
=	23.674 * ( 1 - 9.88% )	/	( (171.92	+	245.805)	/ 2 )
=	21.3350088	/	208.8625
=	10.21 %

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	))
=	481.649	-	147.223	-	( 162.506	-	max(0, 147.989	-	437.365	+	162.506	))
=	171.92

	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	))
=	487.224	-	134.587	-	( 106.832	-	max(0, 148.032	-	440.851	+	106.832	))
=	245.805

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:

Shenghui Cleanness 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 )
=	24.828	/	( ( (25.042 + max(116.805, 0))	+	(27.744 + max(184.544, 0)) )	/	2 )
=	24.828	/	( ( 141.847	+	212.288 )	/	2 )
=	24.828	/	177.0675
=	14.02 %

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)
=	(249.22	+	0	+	14.807)	-	(147.223	+	0	+	-0.0010000000000048)
=	116.805

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(292.76	+	3.671	+	22.7)	-	(134.587	+	0	+	2.8421709430404E-14)
=	184.544

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	29.139	/	494.312
	=	5.89 %

Shenghui Cleanness Group Holdings EBIT Related Terms

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Shenghui Cleanness Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Shenghui Cleanness Group Holdings Ltd (HKSE:02521) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Xinguang Road, 3rd Floor, Office Block, Xinzao Town, Panyu District, Guangzhou, CHN

Website

http://www.gzshqj.com

Shenghui Cleanness Group Holdings Ltd is a cleaning and maintenance services provider in the PRC and a property cleaning service provider in Guangdong province. It has operations in various provincial-level regions in the PRC and serves a wide range of premises including commercial buildings, transportation hubs such as airports, residential premises, shopping malls and commercial complexes, streets, parks, and other public spaces.

Executives

Prosperity Cleanness Investment Holdings Limited	2101 Beneficial owner
Sunrise Cleanness Investment Holdings Limited	2101 Beneficial owner
Chen Liming	2201 Interest of corporation controlled by you
Li Chenghua	2201 Interest of corporation controlled by you
Tang Yongzhen	2202 Interest of your spouse

Shenghui Cleanness Group Holdings Headlines

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