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Zhonggan Communication (Group) Holdings (HKSE:02545) EBIT : HK$89.4 Mil (TTM As of Jun. 2024)


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What is Zhonggan Communication (Group) Holdings EBIT?

Zhonggan Communication (Group) Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$27.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$89.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhonggan Communication (Group) Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 9.51%. Zhonggan Communication (Group) Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 151.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhonggan Communication (Group) Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 16.49%.


Zhonggan Communication (Group) Holdings EBIT Historical Data

The historical data trend for Zhonggan Communication (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.

Zhonggan Communication (Group) Holdings EBIT Chart

Zhonggan Communication (Group) Holdings Annual Data
Trend Dec21 Dec22 Dec23
EBIT
64.16 60.61 94.82

Zhonggan Communication (Group) Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
EBIT - - 33.34 61.49 27.90

Competitive Comparison of Zhonggan Communication (Group) Holdings's EBIT

For the Telecom Services subindustry, Zhonggan Communication (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.


Zhonggan Communication (Group) Holdings's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Zhonggan Communication (Group) Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhonggan Communication (Group) Holdings's EV-to-EBIT falls into.


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Zhonggan Communication (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$89.4 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.


Zhonggan Communication (Group) Holdings  (HKSE:02545) EBIT Explanation

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

Zhonggan Communication (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 )
=53.882 * ( 1 - -1.95% )/( (492.599 + 662.955)/ 2 )
=54.932699/577.777
=9.51 %

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))
=1270.264 - 737.997 - ( 89.224 - max(0, 1127.872 - 1167.54+89.224))
=492.599

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))
=1277.611 - 607.495 - ( 7.161 - max(0, 980.058 - 1155.037+7.161))
=662.955

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:

Zhonggan Communication (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 )
=55.802/( ( (37.192 + max(-475.781, 0)) + (36.4 + max(-321.029, 0)) )/ 2 )
=55.802/( ( 37.192 + 36.4 )/ 2 )
=55.802/36.796
=151.65 %

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)
=(267.539 + 0.859 + 3.4920000000002) - (737.997 + 0 + 9.6740000000002)
=-475.781

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(259.797 + 30.272 + 3.4280000000001) - (607.495 + 0 + 7.0309999999999)
=-321.029

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=89.388/541.951
=16.49 %

* 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.


Zhonggan Communication (Group) Holdings EBIT Related Terms

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Zhonggan Communication (Group) Holdings Business Description

Traded in Other Exchanges
N/A
Address
2799 Tianxiang Avenue, Room 101, Block 99, Nanchang Jiahai Industrial Park, Jiangxi Province, Nanchang High-tech Industrial Development Zone, Nanchang, CHN
Zhonggan Communication (Group) Holdings Ltd is a integrated service provider and software developer in China. It focuses on the provision of Telecommunications Infrastructure Services and Digitalisation Solution Services. Telecommunications Infrastructure Services comprises of infrastructure Construction Services and Infrastructure Maintenance Services. Digitalisation Solution Services comprise of Integrated Solution Services, System Maintenance Services and - Software Solution Services. Key revenue is generated from Telecommunications Infrastructure Services.
Executives
Gt & Yangtze Limited 2101 Beneficial owner
Liu Haoqiong 2201 Interest of corporation controlled by you
Tao Xiulan 2201 Interest of corporation controlled by you
Liu Dingyi 2201 Interest of corporation controlled by you
Octuple Hills Limited 2101 Beneficial owner
Huat Huat Limited 2101 Beneficial owner
Liu Dingli 2201 Interest of corporation controlled by you

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