GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Poly Property Services Co Ltd (HKSE:06049) » Definitions » EBIT

Poly Property Services Co (HKSE:06049) EBIT : HK$2,112 Mil (TTM As of Jun. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Poly Property Services Co EBIT?

Poly Property Services Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$1,218 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$2,112 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Poly Property Services Co's annualized ROC % for the quarter that ended in Jun. 2024 was 37.88%. Poly Property Services Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 287.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Poly Property Services Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 28.07%.


Poly Property Services Co EBIT Historical Data

The historical data trend for Poly Property Services 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.

Poly Property Services Co EBIT Chart

Poly Property Services Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only 1,114.30 1,436.30 1,695.16 2,018.86 2,102.41

Poly Property Services Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 736.04 1,132.70 886.16 1,218.46 893.98

Competitive Comparison of Poly Property Services Co's EBIT

For the Real Estate Services subindustry, Poly Property Services 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.


Poly Property Services Co's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Poly Property Services Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Poly Property Services Co's EV-to-EBIT falls into.


;
;

Poly Property Services 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$2,112 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.


Poly Property Services Co  (HKSE:06049) EBIT Explanation

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

Poly Property Services Co'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 )
=2430.746 * ( 1 - 24.34% )/( (3633.495 + 6076.34)/ 2 )
=1839.1024236/4854.9175
=37.88 %

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))
=16272.43 - 3553.171 - ( 12044.105 - max(0, 6476.597 - 15562.361+12044.105))
=3633.495

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))
=17663.208 - 2957.31 - ( 11416.276 - max(0, 7644.464 - 16274.022+11416.276))
=6076.34

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:

Poly Property Services Co'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 )
=2436.928/( ( (500.016 + max(-3835.111, 0)) + (1194.754 + max(-3709.453, 0)) )/ 2 )
=2436.928/( ( 500.016 + 1194.754 )/ 2 )
=2436.928/847.385
=287.58 %

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)
=(2560.033 + 34.306 + 1.8189894035459E-12) - (3553.171 + 0 + 2876.279)
=-3835.111

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3852.36 + 29.97 + 0.0010000000002037) - (2957.31 + 0 + 4634.474)
=-3709.453

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:

Poly Property Services Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=2112.448/7526.459
=28.07 %

* 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.


Poly Property Services Co EBIT Related Terms

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


Poly Property Services Co Business Description

Traded in Other Exchanges
N/A
Address
No. 832 Yue Jiang Zhong Road, 48-49th Floor, Poly Plaza, Hai Zhu District, Guangdong Province, Guangzhou, CHN
Poly Property Services Co Ltd is engaged in provision of property management services, community value-added services, and value-added services to non-property owners. The Company's property management services are engaged in providing property management services to property owners, residents, and property developers, including security, cleaning, greening, gardening, and repair and maintenance. Value-added services to non-property owners engaged in the provision of services to non-property owners, including pre-delivery and other services, Community value-added services include community living services, such as purchase assistance, turnkey furnishing and move-in services, housekeeping and other bespoken services, parking lot management services, and common area value-added services.
Executives
Brown Brothers Harriman & Co. 2502 Approved lending agent
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Fidelity Funds 2101 Beneficial owner
The Capital Group Companies, Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Hsbc Global Asset Management (hong Kong) Limited 2102 Investment manager
Xing Zheng Quan Qiu Ji Jin Guan Li You Xian Gong Si 2102 Investment manager
Citigroup Inc. 2201 Interest of corporation controlled by you
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
China International Capital Corporation (hong Kong) Limited
China International Capital Corporation Hong Kong Securities Limited
Gaoling Fund, L.p. 2101 Beneficial owner
Hillhouse Capital Advisors, Ltd. 2102 Investment manager

Poly Property Services Co Headlines

No Headlines