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Guangdong Syntrust GK Testing and Certification Tech Service Center Co (HKSE:08629) EBIT : HK$24.29 Mil (TTM As of Jun. 2024)


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What is Guangdong Syntrust GK Testing and Certification Tech Service Center Co EBIT?

Guangdong Syntrust GK Testing and Certification Tech Service Center Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$11.09 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$24.29 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guangdong Syntrust GK Testing and Certification Tech Service Center Co's annualized ROC % for the quarter that ended in Jun. 2024 was 20.23%. Guangdong Syntrust GK Testing and Certification Tech Service Center Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 29.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guangdong Syntrust GK Testing and Certification Tech Service Center Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 7.25%.

Guangdong Syntrust GK Testing and Certification Tech Service Center Co EBIT Historical Data

The historical data trend for Guangdong Syntrust GK Testing and Certification Tech Service Center Co'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.

Guangdong Syntrust GK Testing and Certification Tech Service Center Co EBIT Chart

Guangdong Syntrust GK Testing and Certification Tech Service Center Co Annual Data
Trend Dec21 Dec22 Dec23
EBIT
29.36 4.73 19.64

Guangdong Syntrust GK Testing and Certification Tech Service Center Co Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
EBIT - - 6.45 13.19 11.09

Competitive Comparison of Guangdong Syntrust GK Testing and Certification Tech Service Center Co's EBIT

For the Engineering & Construction subindustry, Guangdong Syntrust GK Testing and Certification Tech Service Center Co'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.

Guangdong Syntrust GK Testing and Certification Tech Service Center Co's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Guangdong Syntrust GK Testing and Certification Tech Service Center Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Guangdong Syntrust GK Testing and Certification Tech Service Center Co's EV-to-EBIT falls into.


Guangdong Syntrust GK Testing and Certification Tech Service Center Co 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$24.29 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.

Guangdong Syntrust GK Testing and Certification Tech Service Center Co  (HKSE:08629) EBIT Explanation

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

Guangdong Syntrust GK Testing and Certification Tech Service Center Co'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 )
=24.266 * ( 1 - 25.2% )/( (57.42 + 122.006)/ 2 )
=18.150968/89.713
=20.23 %

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))
=129.974 - 7.862 - ( 64.692 - max(0, 16.134 - 116.746+64.692))
=57.42

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))
=172.603 - 4.888 - ( 45.709 - max(0, 14.301 - 108.124+45.709))
=122.006

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:

Guangdong Syntrust GK Testing and Certification Tech Service Center Co'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 )
=22.188/( ( (6.468 + max(36.476, 0)) + (57.345 + max(49.711, 0)) )/ 2 )
=22.188/( ( 42.944 + 107.056 )/ 2 )
=22.188/75
=29.58 %

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)
=(50.534 + 0 + 1.52) - (7.862 + 0 + 7.716)
=36.476

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(59.537 + 0.251 + 2.627) - (4.888 + 0 + 7.816)
=49.711

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:

Guangdong Syntrust GK Testing and Certification Tech Service Center Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=24.285/335.163
=7.25 %

* 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.

Guangdong Syntrust GK Testing and Certification Tech Service Center Co EBIT Related Terms

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Guangdong Syntrust GK Testing and Certification Tech Service Center Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Guangdong Syntrust GK Testing and Certification Tech Service Center Co Ltd (HKSE:08629) » Definitions » EBIT
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N/A
Address
No. 4 Xinshang Road, 1st Floor, Building A, Construction Bureau Compound, Guangdong Province, Xinyi, CHN
Website
https://www.xyjiance.cn
Guangdong Syntrust GK Testing and Certification Tech Service Center Co Ltd is principally engaged in the provision of construction engineering testing and inspection services, serving customers in Maoming, Guangdong Province of China. It offers construction engineering testing services including foundation testing service, infrastructure and public roads testing service, construction material testing service, as well as building structure testing service. Additionally, It provides construction engineering inspection services including slope monitoring and foundation pit monitoring services.

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