Zhenro Services Group (HKSE:06958) EBIT : HK$-87 Mil (TTM As of Jun. 2024)

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What is Zhenro Services Group EBIT?

Zhenro Services Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-87 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhenro Services Group's annualized ROC % for the quarter that ended in Jun. 2024 was 72.93%. Zhenro Services Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 156.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhenro Services Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 60.60%.

Zhenro Services Group EBIT Historical Data

The historical data trend for Zhenro Services 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.

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Zhenro Services Group EBIT Chart

Zhenro Services Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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166.31

282.12

298.03

-325.17

-54.52

Zhenro Services Group Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial								16.32	-340.71	39.36	-93.87	6.70

Competitive Comparison of Zhenro Services Group's EBIT

For the Real Estate Services subindustry, Zhenro Services 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.

Zhenro Services Group's EV-to-EBIT Distribution in the Real Estate Industry

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

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

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Zhenro Services 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-87 Mil.

Zhenro Services Group (HKSE:06958) EBIT Explanation

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

Zhenro Services Group'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 )
=	64.572 * ( 1 - -1234.5% )	/	( (1221.166	+	1142.036)	/ 2 )
=	861.71334	/	1181.601
=	72.93 %

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	))
=	2019.901	-	455.485	-	( 633.458	-	max(0, 796.899	-	1140.149	+	633.458	))
=	1221.166

	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	))
=	2091.607	-	623.955	-	( 592.584	-	max(0, 747.624	-	1073.24	+	592.584	))
=	1142.036

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:

Zhenro Services Group'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 )
=	13.4	/	( ( (8.178 + max(-278.286, 0))	+	(8.985 + max(-288.237, 0)) )	/	2 )
=	13.4	/	( ( 8.178	+	8.985 )	/	2 )
=	13.4	/	8.5815
=	156.15 %

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)
=	(338.795	+	0	+	106.359)	-	(455.485	+	0	+	267.955)
=	-278.286

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(293.189	+	0	+	42.529)	-	(623.955	+	0	+	0)
=	-288.237

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-87.171	/	-143.838
	=	60.60 %

Zhenro Services Group EBIT Related Terms

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Zhenro Services Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhenro Services Group Ltd (HKSE:06958) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 666, Shenhong Road, 1st Floor, Building No. 7, Hongqiao Zhenro Center, Minhang District, Hongqiao Business Core District, Shanghai, CHN

Website

http://www.zhenrowy.com

Zhenro Services Group Ltd is a property management service provider in China, offering diversified property management services for residential and non-residential properties. The group is principally engaged in the provision of property management services, value-added services to non-property owners, community value-added services, and commercial operational management services. The majority of revenue is derived from the property management services. Geographically it operates in Mainland China.

Executives

Shan Tian Investment Limited	2101 Beneficial owner
Li Xi	2202 Interest of your spouse
Ou Guoqiang	2201 Interest of corporation controlled by you
Ou Guowei	2201 Interest of corporation controlled by you
Warm Shine Limited	2101 Beneficial owner
Wei Qiang Kong Gu You Xian Gong Si	2101 Beneficial owner
Sunny Time International Company Limited	2101 Beneficial owner
Lin Shuying	2202 Interest of your spouse
Ou Zongrong	2201 Interest of corporation controlled by you
Wei Zheng Kong Gu You Xian Gong Si	2101 Beneficial owner
Hua Bo Mao Yi You Xian Gong Si	2101 Beneficial owner
Wei Tian Kong Gu You Xian Gong Si
Wei Yao Kong Gu You Xian Gong Si

Zhenro Services Group Headlines

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