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Hainan Airlines Holding Co (SHSE:600221) EBIT : ¥4,841 Mil (TTM As of Sep. 2024)


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What is Hainan Airlines Holding Co EBIT?

Hainan Airlines Holding Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥3,980 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥4,841 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hainan Airlines Holding Co's annualized ROC % for the quarter that ended in Sep. 2024 was 9.01%. Hainan Airlines Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 19.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hainan Airlines Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.20%.


Hainan Airlines Holding Co EBIT Historical Data

The historical data trend for Hainan Airlines Holding 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.

Hainan Airlines Holding Co EBIT Chart

Hainan Airlines Holding 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 6,894.15 -62,738.13 6,880.99 -23,325.04 3,554.40

Hainan Airlines Holding 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 3,796.70 -395.39 1,721.05 -464.81 3,979.98

Competitive Comparison of Hainan Airlines Holding Co's EBIT

For the Airlines subindustry, Hainan Airlines Holding 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.


Hainan Airlines Holding Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hainan Airlines Holding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hainan Airlines Holding Co's EV-to-EBIT falls into.


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Hainan Airlines Holding 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 ¥4,841 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.


Hainan Airlines Holding Co  (SHSE:600221) EBIT Explanation

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

Hainan Airlines Holding 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 )
=11361.524 * ( 1 - -0% )/( (126954.435 + 125309.875)/ 2 )
=11361.524/126132.155
=9.01 %

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))
=138424.174 - 16871.034 - ( 10210.201 - max(0, 35282.95 - 29881.655+10210.201))
=126954.435

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))
=143879.316 - 19869.791 - ( 15044.292 - max(0, 37252.541 - 35952.191+15044.292))
=125309.875

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

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

Hainan Airlines Holding 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 )
=15919.916/( ( (80028.935 + max(-11893.043, 0)) + (79458.896 + max(-13615.15, 0)) )/ 2 )
=15919.916/( ( 80028.935 + 79458.896 )/ 2 )
=15919.916/79743.9155
=19.96 %

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)
=(2985.13 + 1700.181 + 3147.979) - (16871.034 + 0 + 2855.299)
=-11893.043

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3419.336 + 1980.827 + 3599.558) - (19869.791 + 0 + 2745.08)
=-13615.15

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:

Hainan Airlines Holding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=4840.828/151362.945
=3.20 %

* 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.


Hainan Airlines Holding Co EBIT Related Terms

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Hainan Airlines Holding Co Business Description

Traded in Other Exchanges
Address
No. 9 Meilan Airport Road, Hainan Airlines Haikou Meilan Base, Meilan District, Hainan Province, Haikou, CHN, 571126
Hainan Airlines Holding Co Ltd is an airline company. The company is engaged in operating approved domestic air passenger and cargo transportation business, as well as business charter flight business to neighboring countries and regions.
Executives
Yang Xin Ying Supervisors
Xu Jun Director
Gao Jian senior management
Wu Xiao Xi Director
Wang Xin Zhen senior management

Hainan Airlines Holding Co Headlines

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