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Hospital of China (HKSE:03869) EBIT : HK$88 Mil (TTM As of Jun. 2024)


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What is Hospital of China EBIT?

Hospital of China's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$68 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$88 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hospital of China's annualized ROC % for the quarter that ended in Jun. 2024 was 4.18%. Hospital of China's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 60.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hospital of China's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.36%.


Hospital of China EBIT Historical Data

The historical data trend for Hospital of China'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.

Hospital of China EBIT Chart

Hospital of China 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 233.98 -501.15 -542.45 -589.31 241.31

Hospital of China Semi-Annual Data
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 -527.38 -86.89 221.24 20.08 67.62

Competitive Comparison of Hospital of China's EBIT

For the Medical Care Facilities subindustry, Hospital of China'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.


Hospital of China's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hospital of China's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hospital of China's EV-to-EBIT falls into.



Hospital of China 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$88 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.


Hospital of China  (HKSE:03869) EBIT Explanation

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

Hospital of China'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 )
=243.31 * ( 1 - 58.51% )/( (1927.114 + 2908.397)/ 2 )
=100.949319/2417.7555
=4.18 %

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))
=2732.369 - 559.052 - ( 730.525 - max(0, 792.344 - 1038.547+730.525))
=1927.114

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))
=2684.487 - 496.738 - ( 730.265 - max(0, 1753.609 - 1032.961+730.265))
=2908.397

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:

Hospital of China'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 )
=135.248/( ( (210.446 + max(-486.657, 0)) + (234.478 + max(-414.598, 0)) )/ 2 )
=135.248/( ( 210.446 + 234.478 )/ 2 )
=135.248/222.462
=60.80 %

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)
=(146.186 + 56.248 + 3.0920000000001) - (559.052 + 0 + 133.131)
=-486.657

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(119.922 + 59.354 + 3.067) - (496.738 + 0 + 100.203)
=-414.598

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:

Hospital of China's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=87.699/1635.225
=5.36 %

* 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.


Hospital of China EBIT Related Terms

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Hospital of China Business Description

Traded in Other Exchanges
N/A
Address
No.40, Xiaoyun Road, 4th Floor, Air China Century Plaza, Chaoyang District, Beijing, CHN
Hospital Corporation of China Ltd is an investment holding company that operates and manages hospitals in the People's Republic of China. In addition to offering hospital management services, it also provides supply chain services, other ancillary services to certain hospitals, and sells pharmaceutical products. The company has three operating segments, namely, Hospital management services, General hospital services, and the sale of pharmaceutical products. The Hospital management services segment is the primary revenue generator for the company.
Executives
Zhao John Huan 2201 Interest of corporation controlled by you
Exponential Fortune Group Limited 2106 Person having a security interest in shares
Hony Group Management Limited 2106 Person having a security interest in shares
Hony Managing Partners Limited 2106 Person having a security interest in shares
Lian Xiang Kong Gu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Li Tao You Xian Gong Si 2101 Beneficial owner
Hony Capital Fund Viii (cayman), L.p. 2101 Beneficial owner
Hony Capital Fund Viii Gp (cayman) Limited 2201 Interest of corporation controlled by you
Hony Capital Fund Viii Gp (cayman), L.p. 2201 Interest of corporation controlled by you
Hony Capital Fund V Gp Limited 2201 Interest of corporation controlled by you
Hony Capital Fund V Gp, L.p. 2201 Interest of corporation controlled by you
Hony Capital Fund V, L.p. 2201 Interest of corporation controlled by you
Yu Feng You Xian Gong Si 2101 Beneficial owner
An Hui Zhong An Jian Kang Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you

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