China Come Ride New Energy Group (HKSE:08039) EBIT: HK$-4.76 Mil (TTM As of Sep. 2024)


HKSE:08039 China Come Ride New Energy Group Ltd HKSE:08039
8 GF Score
Price HK$0.15
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What is China Come Ride New Energy Group EBIT?

China Come Ride New Energy Group HKSE:08039 8 EBIT is HK$-4.76 Mil as of Sep. 2024. GuruFocus rates HKSE:08039 with a GF Score™ of 8/100.

China Come Ride New Energy Group's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was HK$-0.25 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-4.76 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Come Ride New Energy Group's annualized ROC % for the quarter that ended in Sep. 2024 was -2.45%. China Come Ride New Energy Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -39.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Come Ride New Energy Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -5.95%.

China Come Ride New Energy Group  (HKSE:08039) EBIT Explanation

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

China Come Ride New Energy Group's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-0.492 * ( 1 - 0% )/( (21.286 + 18.834)/ 2 )
=-0.492/20.06
=-2.45 %

where

Invested Capital(Q: Mar. 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))
=21.247 - 6.711 - ( 4.838 - max(0, 22.055 - 15.305+4.838))
=21.286

Invested Capital(Q: Sep. 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))
=16.648 - 4.473 - ( 2.352 - max(0, 17.917 - 11.258+2.352))
=18.834

Note: The Operating Income data used here is two times the semi-annual (Sep. 2024) data.

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

China Come Ride New Energy Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.492/( ( (1.518 + max(-3.795, 0)) + (0.966 + max(-2.459, 0)) )/ 2 )
=-0.492/( ( 1.518 + 0.966 )/ 2 )
=-0.492/1.242
=-39.61 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.831 + 0 + 0.342) - (6.711 + 0 + 7.257)
=-3.795

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.324 + 0 + 2.215) - (4.473 + 0 + 5.525)
=-2.459

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

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

China Come Ride New Energy Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-4.76/80.010
=-5.95 %

* 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.

China Come Ride New Energy Group EBIT Related Terms

China Come Ride New Energy Group EBIT Historical Data

* Premium members only.

The historical data trend for China Come Ride New Energy 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.

China Come Ride New Energy Group EBIT Chart

China Come Ride New Energy Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.64 -12.19 0.82 -4.24 -4.76

China Come Ride New Energy Group Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only -3.31 -0.93 -0.24 -4.51 -0.25

HKSE:08039 vs PWR, EME, FIX: EBIT Comparison

For the Engineering & Construction subindustry, China Come Ride New Energy 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.

China Come Ride New Energy Group EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, China Come Ride New Energy Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Come Ride New Energy Group's EV-to-EBIT falls into.


HKSE:08039
8GF Score
China Come Ride New Energy Group Ltd HKSE:08039
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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China Come Ride New Energy 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-4.76 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$-4.76 Mil mean?
China Come Ride New Energy Group (HKSE:08039) has a EBIT of HK$-4.76 Mil as of Sep. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on China Come Ride New Energy Group.
Is China Come Ride New Energy Group's EBIT too high?
China Come Ride New Energy Group's current EBIT is HK$-4.76 Mil. Overall, China Come Ride New Energy Group has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does China Come Ride New Energy Group's EBIT compare to PWR and EME?
China Come Ride New Energy Group's EBIT of HK$-4.76 Mil can be compared against companies in the Construction 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 Construction company?
A good EBIT depends on the Construction 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 China Come Ride New Energy Group. China Come Ride New Energy Group's current EBIT is HK$-4.76 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Come Ride New Energy Group stock overvalued right now?
China Come Ride New Energy Group (HKSE:08039) has a current EBIT of HK$-4.76 Mil. The current EBIT is HK$-4.76 Mil. China Come Ride New Energy Group's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For China Come Ride New Energy Group (HKSE:08039), the current EBIT is HK$-4.76 Mil as of Sep. 2024. 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.

China Come Ride New Energy Group Business Description

Address 7 Shing Yip Street, Unit E, 33rd Floor, Legend Tower, Kwun Tong, Hong Kong, HKG
China Come Ride New Energy Group Ltd is principally engaged in the provision of comprehensive architectural and structural engineering consultancy services. Its service portfolio comprises licensing consultancy, alteration and addition works and minor works consultancy, inspection and certification, and other architecture-related consultancies. The Company's revenue is generated from the contract revenue from the provision of comprehensive architectural and structural engineering consultancy services in Hong Kong, including licensing consultancy, alteration and addition works and minor works consultancy, inspection and certification, and other architectural-related consultancies.
8GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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