Chinaftower International Holding Group (HKSE:08623) EBIT : HK$-43.5 Mil (TTM As of Jun. 2024)

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What is Chinaftower International Holding Group EBIT?

Chinaftower International Holding Group's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was HK$0.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-43.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chinaftower International Holding Group's annualized ROC % for the quarter that ended in Jun. 2024 was 0.00%. Chinaftower International Holding Group'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. Chinaftower International Holding Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -34.99%.

Chinaftower International Holding Group EBIT Historical Data

The historical data trend for Chinaftower International Holding 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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Chinaftower International Holding Group EBIT Chart

Chinaftower International Holding Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

EBIT

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13.61

-24.61

-24.24

-54.42

-58.46

Chinaftower International Holding Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
EBIT	Get a 7-Day Free Trial															-5.41	-15.16	-28.37	-	-

Competitive Comparison of Chinaftower International Holding Group's EBIT

For the Electrical Equipment & Parts subindustry, Chinaftower International Holding 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.

Chinaftower International Holding Group's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chinaftower International Holding Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Chinaftower International Holding Group's EV-to-EBIT falls into.

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Chinaftower International Holding 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 quarterly data reported by the company within the most recent 12 months, which was HK$-43.5 Mil.

Chinaftower International Holding Group (HKSE:08623) EBIT Explanation

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

Chinaftower International Holding 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 )
=	0 * ( 1 - 0% )	/	( (245.528	+	200.1)	/ 2 )
=	0	/	222.814
=	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	))
=	392.501	-	195.324	-	( 1.541	-	max(0, 288.414	-	240.063	+	1.541	))
=	245.528

	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	))
=	350.213	-	170.884	-	( 0.369	-	max(0, 224.238	-	203.467	+	0.369	))
=	200.1

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

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

Chinaftower International Holding 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 )
=	0	/	( ( (133.057 + max(-26.652, 0))	+	(98.365 + max(-40.441, 0)) )	/	2 )
=	0	/	( ( 133.057	+	98.365 )	/	2 )
=	0	/	115.711
=	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)
=	(156.441	+	5.739	+	22.051)	-	(195.324	+	0	+	15.559)
=	-26.652

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(128.749	+	6.782	+	1.875)	-	(170.884	+	0	+	6.963)
=	-40.441

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:

Chinaftower International Holding Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-43.526	/	124.405
	=	-34.99 %

Chinaftower International Holding Group EBIT Related Terms

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Chinaftower International Holding Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Saftower International Holding Group Ltd (HKSE:08623) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Huaide Road, Sichuan-Zhejiang Cooperation Industrial Park, Guangyuan Economic and Technological Development Z, Sichuan Province, Guangyuan, CHN

Website

http://www.saftower.com

China Saftower International Holding Group Ltd is a manufacturer and supplier of wires and cables and the sale of aluminum products in the People's Republic of China. The company's products include power cables, insulated overhead cables, aerial stranded wire, control cables, and aluminum alloy power cables. The Group's revenue was all derived from customers based in the PRC.

Executives

Dang Fei	2201 Interest of corporation controlled by you
Red Fly Investment Limited	2101 Beneficial owner
Fu Chuanrong	2101 Beneficial owner
Gao Hong	2202 Interest of your spouse
Wang Xiaozhong	2201 Interest of corporation controlled by you
Xseven Investment Limited	2101 Beneficial owner
Dang Jun	2103 Interests held jointly with another person
Li Li	2202 Interest of your spouse

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