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China Primary Energy Holdings (HKSE:08117) EBIT : HK$-8.5 Mil (TTM As of Jun. 2024)


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What is China Primary Energy Holdings EBIT?

China Primary Energy Holdings's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was HK$0.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-8.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Primary Energy Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 0.00%. China Primary Energy Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Primary Energy Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -1.96%.


China Primary Energy Holdings EBIT Historical Data

The historical data trend for China Primary Energy 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.

China Primary Energy Holdings EBIT Chart

China Primary Energy Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.27 13.58 0.22 -1.95 -8.47

China Primary Energy Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only 2.00 -2.98 -3.32 -4.17 -

Competitive Comparison of China Primary Energy Holdings's EBIT

For the Oil & Gas Midstream subindustry, China Primary Energy 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.


China Primary Energy Holdings's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Primary Energy Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Primary Energy Holdings's EV-to-EBIT falls into.


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China Primary Energy 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 quarterly data reported by the company within the most recent 12 months, which was HK$-8.5 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.


China Primary Energy Holdings  (HKSE:08117) EBIT Explanation

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

China Primary Energy 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 )
=0 * ( 1 - 0% )/( (724.087 + 715.434)/ 2 )
=0/719.7605
=0.00 %

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))
=755.286 - 48.554 - ( 30.671 - max(0, 125.551 - 108.196+30.671))
=724.087

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.

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

China Primary Energy 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 )
=0/( ( (401.482 + max(-28.223, 0)) + (421.567 + max(-33.836, 0)) )/ 2 )
=0/( ( 401.482 + 421.567 )/ 2 )
=0/411.5245
=0.00 %

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)
=(18.974 + 8.06 + 0) - (48.554 + 0 + 6.703)
=-28.223

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.659 + 7.014 + 0) - (47.509 + 0 + 0)
=-33.836

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

China Primary Energy Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-8.466/431.567
=-1.96 %

* 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 Primary Energy Holdings EBIT Related Terms

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China Primary Energy Holdings Business Description

Traded in Other Exchanges
N/A
Address
14 Science Museum Road, Room 518, 5th Floor, Tower B, New Mandarin Plaza, Kowloon, Hong Kong, HKG
China Primary Energy Holdings Ltd is an investment holding company. Its business activity of the group functions through the Transmission and distribution of natural gas, Sale of heat and biomass gasification-related products, and Property investment segments, and the majority of the revenue gets derived from the Transmission and distribution of the natural gas segment. Geographically the group has a business presence in Hong Kong and the PRC, of which key revenue is generated from the PRC.
Executives
Ma Zheng 2101 Beneficial owner
Excel Sino Investments Limited 2101 Beneficial owner
Guo Xiuqin 2201 Interest of corporation controlled by you
Tung Shing Energy Investment Limited 2101 Beneficial owner
Ji Shengzhi 2201 Interest of corporation controlled by you
Lu Ke 2201 Interest of corporation controlled by you
Ultra Vantage Holdings Limited 2101 Beneficial owner
Winmaxi (bvi) Company Limited 2101 Beneficial owner

China Primary Energy Holdings Headlines

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