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Tian Yuan Group Holdings (HKSE:06119) EBIT : HK$46.4 Mil (TTM As of Jun. 2024)


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What is Tian Yuan Group Holdings EBIT?

Tian Yuan Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$23.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$46.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tian Yuan Group Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 7.74%. Tian Yuan Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 15.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tian Yuan Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 21.45%.


Tian Yuan Group Holdings EBIT Historical Data

The historical data trend for Tian Yuan Group 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.

Tian Yuan Group Holdings EBIT Chart

Tian Yuan Group Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 36.69 53.28 45.28 39.92 42.32

Tian Yuan Group Holdings Semi-Annual Data
Dec15 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 27.18 14.03 19.03 23.29 23.06

Competitive Comparison of Tian Yuan Group Holdings's EBIT

For the Marine Shipping subindustry, Tian Yuan Group 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.


Tian Yuan Group Holdings's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tian Yuan Group Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tian Yuan Group Holdings's EV-to-EBIT falls into.


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Tian Yuan Group 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$46.4 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.


Tian Yuan Group Holdings  (HKSE:06119) EBIT Explanation

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

Tian Yuan Group 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 )
=40.522 * ( 1 - 27.37% )/( (379.793 + 380.475)/ 2 )
=29.4311286/380.134
=7.74 %

where

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:

Tian Yuan Group 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 )
=46.124/( ( (158.284 + max(130.169, 0)) + (151.122 + max(147.803, 0)) )/ 2 )
=46.124/( ( 288.453 + 298.925 )/ 2 )
=46.124/293.689
=15.71 %

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)
=(13.635 + 140.175 + 17.737) - (13.031 + 0 + 28.347)
=130.169

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.85 + 147.95 + 19.268) - (11.318 + 0 + 19.947)
=147.803

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:

Tian Yuan Group Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=46.352/216.064
=21.45 %

* 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.


Tian Yuan Group Holdings EBIT Related Terms

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Tian Yuan Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
Dianhai Street, 12th Floor, Academic Exchange Center Intersection of Panzhou Avenue and Yingbin Avenue, Dianbai District, Guangdong Province, Maoming, CHN
Tian Yuan Group Holdings Ltd is engaged in the provision of bulk and general cargo uploading and unloading services supply and sales of oil products and related ancillary value-added port services in The People's Republic of China. Cargo uploading and unloading services handle bulk cargo such as coal, quartz sand, oil products, grain, asphalt, and kaolinite, as well as a small portion of break bulk cargo and neo-bulk cargo. Related ancillary value-added port services consist of storage services at oil tanks and grain barns as well as leasing of shovel trucks. It operates in two segments: Cargo handling and ancillary services and Sales of oil products. The company generates a majority of its revenue from the Cargo handling and ancillary service segment.
Executives
Greenpro Trust Limited 2301 Trustee
Sino Ford Enterprises Limited
Yang Jinming
Zhang Dan
Huang Yongcheng 2101 Beneficial owner

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