GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Jutal Offshore Oil Services Ltd (HKSE:03303) » Definitions » EBIT

Jutal Offshore Oil Services (HKSE:03303) EBIT : HK$559 Mil (TTM As of Jun. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Jutal Offshore Oil Services EBIT?

Jutal Offshore Oil Services's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$230 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$559 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jutal Offshore Oil Services's annualized ROC % for the quarter that ended in Jun. 2024 was 18.24%. Jutal Offshore Oil Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 32.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jutal Offshore Oil Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 106.85%.


Jutal Offshore Oil Services EBIT Historical Data

The historical data trend for Jutal Offshore Oil Services'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.

Jutal Offshore Oil Services EBIT Chart

Jutal Offshore Oil Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.34 242.92 55.52 -191.19 443.57

Jutal Offshore Oil Services Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -122.04 -74.93 114.10 329.47 229.56

Competitive Comparison of Jutal Offshore Oil Services's EBIT

For the Oil & Gas Equipment & Services subindustry, Jutal Offshore Oil Services'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.


Jutal Offshore Oil Services's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jutal Offshore Oil Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jutal Offshore Oil Services's EV-to-EBIT falls into.



Jutal Offshore Oil Services 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$559 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.


Jutal Offshore Oil Services  (HKSE:03303) EBIT Explanation

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

Jutal Offshore Oil Services'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 )
=522.724 * ( 1 - 14.66% )/( (2728.88 + 2161.281)/ 2 )
=446.0926616/2445.0805
=18.24 %

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))
=4468.086 - 852.151 - ( 887.055 - max(0, 1948.282 - 2976.877+887.055))
=2728.88

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))
=3885.972 - 715.335 - ( 1082.661 - max(0, 1411.698 - 2421.054+1082.661))
=2161.281

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:

Jutal Offshore Oil Services'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 )
=459.126/( ( (1417.92 + max(-379.186, 0)) + (1392.865 + max(-467.953, 0)) )/ 2 )
=459.126/( ( 1417.92 + 1392.865 )/ 2 )
=459.126/1405.3925
=32.67 %

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)
=(1214.36 + 120.938 + 136.329) - (852.151 + 0 + 998.662)
=-379.186

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(450.555 + 154.443 + 169.872) - (715.335 + 0 + 527.488)
=-467.953

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:

Jutal Offshore Oil Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=559.032/523.205
=106.85 %

* 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.


Jutal Offshore Oil Services EBIT Related Terms

Thank you for viewing the detailed overview of Jutal Offshore Oil Services's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Jutal Offshore Oil Services Business Description

Traded in Other Exchanges
Address
10th Floor, Chiwan Petroleum Building, Shekou, Nanshan District, Shenzhen, CHN, 518068
Jutal Offshore Oil Services Ltd is an investment holding company. The company's operating segments include Fabrication of facilities and provision of integrated services for oil and gas industries, Fabrication of facilities and provision of integrated services for new energy and refining and chemical industries, and Others. It generates maximum revenue from the Fabrication of facilities and provision of integrated services for oil and gas industries segment. Geographically, it derives a majority of revenue from the United States and also has an international presence.
Executives
Wang Lishan 2101 Beneficial owner
Cheung Hing Investments Limited 2101 Beneficial owner
Hong Man Chu 2202 Interest of your spouse
Lo Chun Yim 2201 Interest of corporation controlled by you
San Ju Huan Bao Xiang Gang You Xian Gong Si 2101 Beneficial owner
Bei Jing Hai Xin Neng Yuan Ke Ji Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Jin Hua Xin Xiang Gang Ke Ji You Xian Gong Si 2101 Beneficial owner
Capital Pilot Limited 2106 Person having a security interest in shares
Wealthking Investments Limited 2201 Interest of corporation controlled by you
Wk Quantum Holdings Limited 2101 Beneficial owner
Shiu Shu Ming 2201 Interest of corporation controlled by you
Sanju Environmental Protection (hong Kong) Limited
Bei Jing San Ju Huan Bao Xin Cai Liao Gu Fen You Xian Gong Si
Golden Talent (hk) Technology Co.,limited 2101 Beneficial owner

Jutal Offshore Oil Services Headlines

No Headlines