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Rizhao Port Jurong Co (HKSE:06117) EBIT : HK$332.6 Mil (TTM As of Jun. 2024)


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What is Rizhao Port Jurong Co EBIT?

Rizhao Port Jurong Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$179.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$332.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rizhao Port Jurong Co's annualized ROC % for the quarter that ended in Jun. 2024 was 9.07%. Rizhao Port Jurong Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 13.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rizhao Port Jurong Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 47.03%.


Rizhao Port Jurong Co EBIT Historical Data

The historical data trend for Rizhao Port Jurong 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.

Rizhao Port Jurong Co EBIT Chart

Rizhao Port Jurong Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 240.95 268.19 304.05 325.10 341.80

Rizhao Port Jurong Co Semi-Annual Data
Dec16 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 187.98 146.02 188.60 153.21 179.37

Competitive Comparison of Rizhao Port Jurong Co's EBIT

For the Marine Shipping subindustry, Rizhao Port Jurong 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.


Rizhao Port Jurong Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Rizhao Port Jurong Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Rizhao Port Jurong Co's EV-to-EBIT falls into.



Rizhao Port Jurong 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$332.6 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.


Rizhao Port Jurong Co  (HKSE:06117) EBIT Explanation

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

Rizhao Port Jurong 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 )
=352.788 * ( 1 - 23.42% )/( (2913.813 + 3040.274)/ 2 )
=270.1650504/2977.0435
=9.07 %

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))
=3610.131 - 239.407 - ( 665.835 - max(0, 252.315 - 709.226+665.835))
=2913.813

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))
=3717.985 - 288.725 - ( 679.497 - max(0, 319.042 - 708.028+679.497))
=3040.274

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:

Rizhao Port Jurong 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 )
=358.73/( ( (2588.935 + max(-205.243, 0)) + (2703.904 + max(-276.534, 0)) )/ 2 )
=358.73/( ( 2588.935 + 2703.904 )/ 2 )
=358.73/2646.4195
=13.56 %

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)
=(17.076 + 1.762 + 19.199) - (239.407 + 0 + 3.873)
=-205.243

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.867 + 1.465 + 23.411) - (288.725 + 0 + 15.552)
=-276.534

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:

Rizhao Port Jurong Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=332.574/707.218
=47.03 %

* 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.


Rizhao Port Jurong Co EBIT Related Terms

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Rizhao Port Jurong Co Business Description

Traded in Other Exchanges
N/A
Address
Haibin 5th Road, South End, Donggang District, Shandong Province, Rizhao, CHN, 276826
Rizhao Port Jurong Co Ltd is engaged in port operation in Rizhao City, Shandong Province of the PRC, which includes handling grains, woodchips and dried tapioca along with berth leasing, port services such as warehousing, cargo storage, and related supporting business. It provides comprehensive port-related services, including stevedoring, berth leasing, port management, storage, and logistics agency services, mainly covering soybeans, dried tapioca, woodchips, maize, and vegetable oils. Geographically, it derives all of its revenue from China.
Executives
Jurong Port Pte Ltd 2201 Interest of corporation controlled by you
Jurong Port Rizhao Holding Pte Ltd 2101 Beneficial owner
Dong Fang Ji Jin Guan Li You Xian Ze Ren Gong Si

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