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Zhongyu Energy Holdings (HKSE:03633) EBIT : HK$1,175 Mil (TTM As of Jun. 2024)


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What is Zhongyu Energy Holdings EBIT?

Zhongyu Energy Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$653 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$1,175 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhongyu Energy Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 2.72%. Zhongyu Energy Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 8.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhongyu Energy Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 4.90%.


Zhongyu Energy Holdings EBIT Historical Data

The historical data trend for Zhongyu Energy 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.

Zhongyu Energy Holdings EBIT Chart

Zhongyu Energy Holdings 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 1,055.50 1,620.67 1,719.64 786.79 1,173.21

Zhongyu Energy Holdings 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 499.65 287.14 651.62 521.59 653.23

Competitive Comparison of Zhongyu Energy Holdings's EBIT

For the Utilities - Regulated Gas subindustry, Zhongyu Energy 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.


Zhongyu Energy Holdings's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Zhongyu Energy Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhongyu Energy Holdings's EV-to-EBIT falls into.


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Zhongyu Energy 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$1,175 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.


Zhongyu Energy Holdings  (HKSE:03633) EBIT Explanation

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

Zhongyu Energy 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 )
=1232.256 * ( 1 - 35.92% )/( (29163.811 + 28984.586)/ 2 )
=789.6296448/29074.1985
=2.72 %

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))
=26430.107 - 2540.173 - ( 1522.684 - max(0, 11786.342 - 6512.465+1522.684))
=29163.811

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))
=26094.778 - 2187.588 - ( 1051.799 - max(0, 11364.187 - 6286.791+1051.799))
=28984.586

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:

Zhongyu Energy 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 )
=1306.454/( ( (16521.139 + max(-1136.877, 0)) + (15899.131 + max(-453.068, 0)) )/ 2 )
=1306.454/( ( 16521.139 + 15899.131 )/ 2 )
=1306.454/16210.135
=8.06 %

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)
=(2134.904 + 885.906 + 3.8000000000002) - (2540.173 + 0 + 1621.314)
=-1136.877

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2072.896 + 1007.146 + 3.7700000000004) - (2187.588 + 0 + 1349.292)
=-453.068

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:

Zhongyu Energy Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=1174.817/23961.771
=4.90 %

* 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.


Zhongyu Energy Holdings EBIT Related Terms

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Zhongyu Energy Holdings Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Room 02-06, 24th Floor, China Merchants Building, Shun Tak Centre, Hong Kong, HKG
Zhongyu Energy Holdings Ltd is an investment holding company that is mainly engaged in the sales of piped gas. Its business segments include sales of gas; gas pipeline construction; value-added services (including sales of stoves and provision of other related services); operation of CNG/LNG vehicle filling stations; and smart energy. The majority of revenue is derived from the sale of gas segment.
Executives
China Gas Holdings Limited 2201 Interest of corporation controlled by you
Hezhong Investment Holding Company Limited 2101 Beneficial owner
Wang Wenliang 2201 Interest of corporation controlled by you
Yiu Chi Shing 2201 Interest of corporation controlled by you
Fundway International Investment Ltd 2101 Beneficial owner
Feng Haiyan 2101 Beneficial owner

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