GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China United Network Communications Ltd (SHSE:600050) » Definitions » EBIT

China United Network Communications (SHSE:600050) EBIT : ¥25,431 Mil (TTM As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is China United Network Communications EBIT?

China United Network Communications's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥7,602 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥25,431 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China United Network Communications's annualized ROC % for the quarter that ended in Mar. 2024 was 5.31%. China United Network Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China United Network Communications's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 18.80%.


China United Network Communications EBIT Historical Data

The historical data trend for China United Network Communications'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 United Network Communications EBIT Chart

China United Network Communications 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 15,912.81 17,415.48 19,036.66 21,330.41 24,555.65

China United Network Communications Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6,727.02 9,473.14 6,492.11 1,863.38 7,601.90

Competitive Comparison of China United Network Communications's EBIT

For the Telecom Services subindustry, China United Network Communications'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 United Network Communications's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China United Network Communications's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China United Network Communications's EV-to-EBIT falls into.



China United Network Communications 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥25,431 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 United Network Communications  (SHSE:600050) EBIT Explanation

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

China United Network Communications's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=38484.68 * ( 1 - 22.35% )/( (567376.18 + 558105.234)/ 2 )
=29883.35402/562740.707
=5.31 %

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))
=662844.797 - 197725.801 - ( 61423.349 - max(0, 260285.599 - 158028.415+61423.349))
=567376.18

Invested Capital(Q: Mar. 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))
=665855.422 - 201431.818 - ( 59679.889 - max(0, 259393.055 - 165711.425+59679.889))
=558105.234

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

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

China United Network Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=30407.588/( ( (396199.039 + max(-154997.47, 0)) + (391166.666 + max(-144360.073, 0)) )/ 2 )
=30407.588/( ( 396199.039 + 391166.666 )/ 2 )
=30407.588/393682.8525
=7.72 %

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)
=(39983.365 + 2216.859 + 49411.331) - (197725.801 + 0 + 48883.224)
=-154997.47

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(54627.208 + 3136.879 + 43281.549) - (201431.818 + 0 + 43973.891)
=-144360.073

When net working capital is negative, 0 is used.

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

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

China United Network Communications's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=25430.527/135235.396
=18.80 %

* 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.


China United Network Communications EBIT Related Terms

Thank you for viewing the detailed overview of China United Network Communications's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


China United Network Communications (SHSE:600050) Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Financial Street, 4th Floor, Xicheng District, Beijing, CHN, 100033
China United Network Communications Ltd is a Chinese telecom operator. It operates fixed and mobile communications service, domestic and international communications facilities, satellite IPLC service, data communications service, network access service, value-added telecom services and system integration service related to information and communications services. The Company provides its products to personal & residential customers, small & medium business, VIP customer and international customer.

China United Network Communications (SHSE:600050) Headlines

No Headlines