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Guangzhou Baiyun International Airport Co (SHSE:600004) EBIT : ¥1,353 Mil (TTM As of Sep. 2024)


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What is Guangzhou Baiyun International Airport Co EBIT?

Guangzhou Baiyun International Airport Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥346 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥1,353 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guangzhou Baiyun International Airport Co's annualized ROC % for the quarter that ended in Sep. 2024 was 4.01%. Guangzhou Baiyun International Airport Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guangzhou Baiyun International Airport Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 6.37%.

Guangzhou Baiyun International Airport Co EBIT Historical Data

The historical data trend for Guangzhou Baiyun International Airport 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.

Guangzhou Baiyun International Airport Co EBIT Chart

Guangzhou Baiyun International Airport 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 1,487.61 -138.63 -406.42 -1,307.65 814.14

Guangzhou Baiyun International Airport Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 261.97 312.52 299.69 394.68 346.38

Competitive Comparison of Guangzhou Baiyun International Airport Co's EBIT

For the Airports & Air Services subindustry, Guangzhou Baiyun International Airport 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.

Guangzhou Baiyun International Airport Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Guangzhou Baiyun International Airport Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Guangzhou Baiyun International Airport Co's EV-to-EBIT falls into.


Guangzhou Baiyun International Airport 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,353 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.

Guangzhou Baiyun International Airport Co  (SHSE:600004) EBIT Explanation

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

Guangzhou Baiyun International Airport Co'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: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=1202.012 * ( 1 - 27.02% )/( (22066.323 + 21636.947)/ 2 )
=877.2283576/21851.635
=4.01 %

where

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))
=26955.339 - 5879.887 - ( 3953.822 - max(0, 6435.866 - 5444.995+3953.822))
=22066.323

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))
=26981.556 - 5672.858 - ( 4408.823 - max(0, 6223.126 - 5894.877+4408.823))
=21636.947

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

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

Guangzhou Baiyun International Airport Co'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: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1385.516/( ( (19521.812 + max(-4714.408, 0)) + (19123.425 + max(-4512.077, 0)) )/ 2 )
=1385.516/( ( 19521.812 + 19123.425 )/ 2 )
=1385.516/19322.6185
=7.17 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1078.751 + 101.993 + 224.758) - (5879.887 + 0 + 240.023)
=-4714.408

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1046.291 + 119.857 + 230.287) - (5672.858 + 0 + 235.654)
=-4512.077

When net working capital is negative, 0 is used.

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

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

Guangzhou Baiyun International Airport Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1353.27/21234.742
=6.37 %

* 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.

Guangzhou Baiyun International Airport Co EBIT Related Terms

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Guangzhou Baiyun International Airport Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Guangzhou Baiyun International Airport Co Ltd (SHSE:600004) » Definitions » EBIT
Comparable Companies
SZSE:000089 SHSE:600897 SHSE:600009 XMAD:AENA BKK:AOT XPAR:ADP HSTC:ACV BOM:532754 MEX:GAPB MEX:ASURB NZSE:AIA XSWX:FHZN JOBY XTER:FRA WBO:FLU SGX:S58 OCSE:KBHL XKLS:5014 TSE:9706 MEX:OMAB
Traded in Other Exchanges
N/A
Address
Baiyun International Airport, South work area on the 1st, Guangdong Province, Guangzhou, CHN, 510470
Website
https://www.baiyunairport.com
Guangzhou Baiyun International Airport Co Ltd is a provider of aviation services. Its services include all types of airport services including departure, arrival, flight information, and other services.
Executives
Xu Guang Yu senior management

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