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Zhongliang Holdings Group Co (HKSE:02772) EBIT : HK$775 Mil (TTM As of Dec. 2023)


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What is Zhongliang Holdings Group Co EBIT?

Zhongliang Holdings Group Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-1,336 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$775 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhongliang Holdings Group Co's annualized ROC % for the quarter that ended in Dec. 2023 was -2.15%. Zhongliang Holdings Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -5,430.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhongliang Holdings Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.40%.


Zhongliang Holdings Group Co EBIT Historical Data

The historical data trend for Zhongliang Holdings 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.

Zhongliang Holdings Group Co EBIT Chart

Zhongliang Holdings Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 11,533.27 12,929.89 10,128.28 181.38 775.04

Zhongliang Holdings Group Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,637.01 2,389.72 -2,095.23 2,110.73 -1,335.68

Competitive Comparison of Zhongliang Holdings Group Co's EBIT

For the Real Estate - Development subindustry, Zhongliang Holdings 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.


Zhongliang Holdings Group Co's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhongliang Holdings Group Co's EV-to-EBIT distribution charts can be found below:

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



Zhongliang Holdings 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$775 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.


Zhongliang Holdings Group Co  (HKSE:02772) EBIT Explanation

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

Zhongliang Holdings Group Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-1180.446 * ( 1 - -152.86% )/( (158523.779 + 118812.995)/ 2 )
=-2984.8757556/138668.387
=-2.15 %

where

Invested Capital(Q: Jun. 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))
=242186.28 - 72304.552 - ( 15786.022 - max(0, 202224.135 - 213582.084+15786.022))
=158523.779

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))
=197720.227 - 71949.972 - ( 11702.889 - max(0, 165303.964 - 172261.224+11702.889))
=118812.995

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Zhongliang Holdings Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2671.368/( ( (56.417 + max(-43582.219, 0)) + (41.962 + max(-38452.946, 0)) )/ 2 )
=-2671.368/( ( 56.417 + 41.962 )/ 2 )
=-2671.368/49.1895
=-5,430.77 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.972 + 135352.883 + 2909.108) - (72304.552 + 0 + 109552.63)
=-43582.219

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.594 + 104700.232 + 2395.932) - (71949.972 + 0 + 73607.732)
=-38452.946

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=775.047/12111.126
=6.40 %

* 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.


Zhongliang Holdings Group Co EBIT Related Terms

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Zhongliang Holdings Group Co (HKSE:02772) Business Description

Traded in Other Exchanges
N/A
Address
235 Yunling East Road, No. 3, Shanghai Convention and Exhibition Centre of International Sourcing, 20th Floor, Putuo District, Shanghai, CHN
Zhongliang Holdings Group Co Ltd is a real estate developer. It specializes in the development of residential properties and has recently started to develop, operate and manage commercial properties. The Group derives its revenue from three business lines, namely sales of properties; management consulting services; and rental income from property leases. The Sale of properties is the key driver of revenue for the group.
Executives
Yang Jian
Changxing International Co., Ltd
Changxing Pte. Ltd.
Liangzhong International Co., Ltd.
Ubs Group Ag 2201 Interest of corporation controlled by you
Xu Xiaoqun 2202 Interest of your spouse
Changxing Pte. Ltd. 2301 Trustee
Liangzhong international co., ltd. 2101 Beneficial owner

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