Sunkwan Properties Group (HKSE:06900) EBIT: HK$-1,387 Mil (TTM As of Jun. 2023)

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What is Sunkwan Properties Group EBIT?

Sunkwan Properties Group HKSE:06900 EBIT is HK$-1,387 Mil as of Jun. 2023.

Sunkwan Properties Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was HK$-230 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-1,387 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sunkwan Properties Group's annualized ROC % for the quarter that ended in Jun. 2023 was -0.36%. Sunkwan Properties Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -17.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sunkwan Properties Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -12.39%.


Sunkwan Properties Group  (HKSE:06900) EBIT Explanation

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

Sunkwan Properties Group's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-104.364 * ( 1 - 0% )/( (29760.115 + 28745.727)/ 2 )
=-104.364/29252.921
=-0.36 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=36973.012 - 6942.653 - ( 270.244 - max(0, 29517.48 - 31567.466+270.244))
=29760.115

Invested Capital(Q: Jun. 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))
=35942.962 - 6976.689 - ( 220.546 - max(0, 29804.253 - 30648.46+220.546))
=28745.727

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Sunkwan Properties Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-459.258/( ( (146.374 + max(2778.306, 0)) + (135.942 + max(2229.569, 0)) )/ 2 )
=-459.258/( ( 2924.68 + 2365.511 )/ 2 )
=-459.258/2645.0955
=-17.36 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(37.556 + 21829.997 + 1558.898) - (6942.653 + 0 + 13705.492)
=2778.306

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.559 + 21722.162 + 872.778) - (6976.689 + 0 + 13441.241)
=2229.569

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Sunkwan Properties Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=-1387.41/11199.269
=-12.39 %

* 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.


Sunkwan Properties Group EBIT Related Terms


Sunkwan Properties Group EBIT Historical Data

* Premium members only.

The historical data trend for Sunkwan Properties Group'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.

Sunkwan Properties Group EBIT Chart

Sunkwan Properties Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial 3,742.27 3,132.66 1,937.02 911.53 -1,838.65

Sunkwan Properties Group Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 110.83 799.20 -714.70 -1,157.78 -229.63

Sunkwan Properties Group EBIT Competitor Comparison

For the Real Estate - Development subindustry, Sunkwan Properties Group'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.


Sunkwan Properties Group EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunkwan Properties Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sunkwan Properties Group's EV-to-EBIT falls into.



Sunkwan Properties Group 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-1,387 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of HK$-1,387 Mil mean?
Sunkwan Properties Group (HKSE:06900) has a EBIT of HK$-1,387 Mil as of Jun. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sunkwan Properties Group.
Is Sunkwan Properties Group's EBIT too high?
Sunkwan Properties Group's current EBIT is HK$-1,387 Mil.
How does Sunkwan Properties Group's EBIT compare to competitors?
Sunkwan Properties Group's EBIT of HK$-1,387 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Real Estate company?
A good EBIT depends on the Real Estate industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sunkwan Properties Group. Sunkwan Properties Group's current EBIT is HK$-1,387 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunkwan Properties Group stock overvalued right now?
Sunkwan Properties Group (HKSE:06900) has a current EBIT of HK$-1,387 Mil. The current EBIT is HK$-1,387 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Sunkwan Properties Group (HKSE:06900), the current EBIT is HK$-1,387 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sunkwan Properties Group Business Description

Address No.77, Sunkwan Road, Building T1, Sunkwan Cente, Minhang District, Shanghai, CHN
Sunkwan Properties Group Ltd is engaged in the residential property development and sales. It focuses on the Yangtze River Delta Economic Zone and expanding to the Pearl River Delta Economic Zone and the Mid-China Core Economic Region.