CIMC Enric Holdings (HKSE:03899) EBIT : HK$1,652 Mil (TTM As of Jun. 2024)

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What is CIMC Enric Holdings EBIT?

CIMC Enric Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$752 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$1,652 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CIMC Enric Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 7.47%. CIMC Enric Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 29.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CIMC Enric Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 17.11%.

CIMC Enric Holdings EBIT Historical Data

The historical data trend for CIMC Enric 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.

CIMC Enric Holdings EBIT Chart

CIMC Enric Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

EBIT

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958.15

1,466.80

1,643.70

1,687.96

1,641.62

CIMC Enric Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
EBIT	Get a 7-Day Free Trial															956.49	837.11	850.85	752.24	900.07

Competitive Comparison of CIMC Enric Holdings's EBIT

For the Oil & Gas Equipment & Services subindustry, CIMC Enric 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.

CIMC Enric Holdings's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CIMC Enric Holdings's EV-to-EBIT distribution charts can be found below:

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

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CIMC Enric 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$1,652 Mil.

CIMC Enric Holdings (HKSE:03899) EBIT Explanation

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

CIMC Enric 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 )
=	1472.584 * ( 1 - 22.57% )	/	( (14715.357	+	15811.16)	/ 2 )
=	1140.2217912	/	15263.2585
=	7.47 %

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	))
=	30174.542	-	7765.639	-	( 7693.546	-	max(0, 15331.784	-	23095.463	+	7693.546	))
=	14715.357

	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	))
=	31950.84	-	8318.089	-	( 7821.591	-	max(0, 16558.31	-	24628.923	+	7821.591	))
=	15811.16

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:

CIMC Enric 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 )
=	1504.472	/	( ( (5015.515 + max(-2742.272, 0))	+	(5092.013 + max(-3460.286, 0)) )	/	2 )
=	1504.472	/	( ( 5015.515	+	5092.013 )	/	2 )
=	1504.472	/	5053.764
=	29.77 %

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)
=	(3590.297	+	5224.445	+	1294.293)	-	(7765.639	+	0	+	5085.668)
=	-2742.272

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3483.964	+	6317.203	+	919.634)	-	(8318.089	+	0	+	5862.998)
=	-3460.286

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	1652.303	/	9659.018
	=	17.11 %

CIMC Enric Holdings EBIT Related Terms

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CIMC Enric Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CIMC Enric Holdings Ltd (HKSE:03899) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

E8F:Germany E8F:Germany

Address

CIMC R&D Center, third floor, No. 2 Gangwan Avenue, Shekou Industrial Zone, Nanshan District, Guangdong, Shenzhen, CHN

Website

https://www.enricgroup.com

CIMC Enric Holdings Ltd is engaged in the design, development, manufacturing, engineering, and sales of transportation, storage, and processing equipment. It is also involved in the provision of technical maintenance services. The company operates through three segments. The clean energy segment specializes in the manufacture and sale of a wide range of equipment for the storage, transportation, processing, and distribution of natural gas. Chemical and environmental segment specializes in the manufacture and sale of a wide range of equipment, such as tank containers, for the storage and transportation of liquefied or gasified chemicals. The liquid food segment specializes in the engineering, manufacture, and sale of stainless-steel tanks for storage and processing liquid food.

Executives

China International Marine Containers (hong Kong) Limited	2103 Interests held jointly with another person
Zhu Que Ji Jin Guan Li You Xian Gong Si	2401 A concert party to an agreement to buy shares

CIMC Enric Holdings Headlines

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