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China Petroleum Engineering Co (SHSE:600339) EBIT : ¥1,200 Mil (TTM As of Sep. 2024)


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What is China Petroleum Engineering Co EBIT?

China Petroleum Engineering Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥283 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥1,200 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Petroleum Engineering Co's annualized ROC % for the quarter that ended in Sep. 2024 was 1.68%. China Petroleum Engineering Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 22.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Petroleum Engineering Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -48.68%.


China Petroleum Engineering Co EBIT Historical Data

The historical data trend for China Petroleum Engineering 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.

China Petroleum Engineering Co EBIT Chart

China Petroleum Engineering 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 1,622.64 1,622.91 1,013.79 1,369.30 1,558.95

China Petroleum Engineering 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 409.57 18.83 390.22 508.15 282.93

Competitive Comparison of China Petroleum Engineering Co's EBIT

For the Oil & Gas Equipment & Services subindustry, China Petroleum Engineering 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.


China Petroleum Engineering Co's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Petroleum Engineering Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Petroleum Engineering Co's EV-to-EBIT falls into.



China Petroleum Engineering 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 ¥1,200 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 Petroleum Engineering Co  (SHSE:600339) EBIT Explanation

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

China Petroleum Engineering 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 )
=1443.728 * ( 1 - 57.08% )/( (34761.818 + 39115.978)/ 2 )
=619.6480576/36938.898
=1.68 %

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))
=109567.561 - 50363.588 - ( 28665.57 - max(0, 77206.61 - 101648.765+28665.57))
=34761.818

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))
=109949.976 - 46163.624 - ( 27832.729 - max(0, 77470.237 - 102140.611+27832.729))
=39115.978

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

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

China Petroleum Engineering 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 )
=1131.72/( ( (5170.29 + max(-38897.009, 0)) + (5077.925 + max(-37209.125, 0)) )/ 2 )
=1131.72/( ( 5170.29 + 5077.925 )/ 2 )
=1131.72/5124.1075
=22.09 %

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)
=(11448.315 + 17933.352 + 8699.666) - (50363.588 + 0 + 26614.754)
=-38897.009

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12747.839 + 17709.016 + 9579.942) - (46163.624 + 0 + 31082.298)
=-37209.125

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:

China Petroleum Engineering Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1200.135/-2465.257
=-48.68 %

* 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 Petroleum Engineering Co EBIT Related Terms

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China Petroleum Engineering Co Business Description

Traded in Other Exchanges
N/A
Address
Courtyard 5, Anding Road, Hengyi Building, Building 2, Chaoyang District, Beijing, CHN, 100029
China Petroleum Engineering Co Ltd provides surface facilities to petroleum upstream industry. The company's services include planning through front end engineering design to engineering, procurement, construction and project management consultancy for surface facilities, pipelines, buildings, water treatment facilities, highways, and infrastructure. The firm operates projects in China as well as in the overseas markets such as the Middle East, Central Asia, North Africa, America, Australia, and Europe.
Executives
Li Qin Director

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