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COSCO Shipping International (Singapore) Co (SGX:F83) EBIT : S$19.0 Mil (TTM As of Jun. 2024)


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What is COSCO Shipping International (Singapore) Co EBIT?

COSCO Shipping International (Singapore) Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was S$11.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was S$19.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. COSCO Shipping International (Singapore) Co's annualized ROC % for the quarter that ended in Jun. 2024 was 0.86%. COSCO Shipping International (Singapore) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. COSCO Shipping International (Singapore) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.80%.

COSCO Shipping International (Singapore) Co EBIT Historical Data

The historical data trend for COSCO Shipping International (Singapore) 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.

COSCO Shipping International (Singapore) Co EBIT Chart

COSCO Shipping International (Singapore) Co 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 19.57 19.51 41.97 -74.33 19.31

COSCO Shipping International (Singapore) Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 12.52 -86.85 11.32 7.99 10.96

Competitive Comparison of COSCO Shipping International (Singapore) Co's EBIT

For the Integrated Freight & Logistics subindustry, COSCO Shipping International (Singapore) 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.

COSCO Shipping International (Singapore) Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, COSCO Shipping International (Singapore) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where COSCO Shipping International (Singapore) Co's EV-to-EBIT falls into.


COSCO Shipping International (Singapore) 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 S$19.0 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.

COSCO Shipping International (Singapore) Co  (SGX:F83) EBIT Explanation

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

COSCO Shipping International (Singapore) 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 )
=12.302 * ( 1 - 45.39% )/( (780.174 + 781.682)/ 2 )
=6.7181222/780.928
=0.86 %

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))
=856.338 - 29.41 - ( 66.676 - max(0, 67.606 - 114.36+66.676))
=780.174

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))
=841.32 - 35.815 - ( 54.815 - max(0, 80.73 - 104.553+54.815))
=781.682

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:

COSCO Shipping International (Singapore) 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 )
=21.918/( ( (651.491 + max(4.061, 0)) + (640.53 + max(13.736, 0)) )/ 2 )
=21.918/( ( 655.552 + 654.266 )/ 2 )
=21.918/654.909
=3.35 %

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)
=(38.911 + 0.402 + 7.117) - (29.41 + 0 + 12.959)
=4.061

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(49.085 + 0.372 + 0.28100000000001) - (35.815 + 0 + 0.187)
=13.736

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:

COSCO Shipping International (Singapore) Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=18.951/498.592
=3.80 %

* 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.

COSCO Shipping International (Singapore) Co EBIT Related Terms

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COSCO Shipping International (Singapore) Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO Shipping International (Singapore) Co Ltd (SGX:F83) » Definitions » EBIT
Comparable Companies
SGX:595 SGX:BTJ SGX:BIP SGX:R14 SGX:S08 UPS FDX XTER:DHL XSWX:KNIN OCSE:DSV SZSE:002352 JBHT EXPD ZTO HKSE:01519 CHRW TSE:9143 LSTR HKSE:02618 BOM:543994
Traded in Other Exchanges
CSCMY:USA VZS:Germany
Address
30 Cecil Street, No. 26-01 Prudential Tower, Singapore, SGP, 049712
Website
https://www.coscoshipping.com.sg
COSCO Shipping International (Singapore) Co Ltd is an investment holding company that operates and engages in ship repair and marine engineering activities, including annual inspection, ship store supply, fabrication work services, and production of outfitting components. It operates in the following segments: shipping, ship repair and marine engineering activities, logistics, property management, and others. The majority of its revenue is derived from the Logistics segment. It operates in two geographic areas Singapore operations in this area are principally in ship repair and marine engineering related activities, logistics, and property management; and in Malaysia, the operations in this area are principally in logistics activities.

COSCO Shipping International (Singapore) Co Headlines

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