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ENN Natural Gas Co (SHSE:600803) EBIT : ¥16,956 Mil (TTM As of Jun. 2024)


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What is ENN Natural Gas Co EBIT?

ENN Natural Gas Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ¥3,852 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ¥16,956 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ENN Natural Gas Co's annualized ROC % for the quarter that ended in Jun. 2024 was 10.40%. ENN Natural Gas Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 22.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ENN Natural Gas Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 23.59%.


ENN Natural Gas Co EBIT Historical Data

The historical data trend for ENN Natural Gas 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.

ENN Natural Gas Co EBIT Chart

ENN Natural Gas 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 11,398.93 11,640.13 15,179.44 16,048.45 17,169.60

ENN Natural Gas Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 3,042.39 3,140.94 6,916.22 3,047.15 3,851.60

Competitive Comparison of ENN Natural Gas Co's EBIT

For the Conglomerates subindustry, ENN Natural Gas 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.


ENN Natural Gas Co's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, ENN Natural Gas Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ENN Natural Gas Co's EV-to-EBIT falls into.



ENN Natural Gas 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 quarterly data reported by the company within the most recent 12 months, which was ¥16,956 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.


ENN Natural Gas Co  (SHSE:600803) EBIT Explanation

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

ENN Natural Gas 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: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=15570.04 * ( 1 - 19.89% )/( (122758.58 + 117065.24)/ 2 )
=12473.159044/119911.91
=10.40 %

where

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))
=136607.65 - 14931.13 - ( 20154.64 - max(0, 45509.94 - 44427.88+20154.64))
=122758.58

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))
=130749.64 - 18796 - ( 14910.29 - max(0, 43056.47 - 37944.87+14910.29))
=117065.24

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

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

ENN Natural Gas 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: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=15406.4/( ( (67898.75 + max(-12029.91, 0)) + (68467.16 + max(-18483.07, 0)) )/ 2 )
=15406.4/( ( 67898.75 + 68467.16 )/ 2 )
=15406.4/68182.955
=22.60 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6067.06 + 2868.46 + 9329) - (14931.13 + 0 + 15363.3)
=-12029.91

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6134 + 2426.28 + 6660.9) - (18796 + 0 + 14908.25)
=-18483.07

When net working capital is negative, 0 is used.

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

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

ENN Natural Gas Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=16955.91/71881.770
=23.59 %

* 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.


ENN Natural Gas Co EBIT Related Terms

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ENN Natural Gas Co Business Description

Traded in Other Exchanges
N/A
Address
383 Heping East Road, Hebei, Shijiazhuang, CHN, 050031
ENN Natural Gas Co Ltd formerly known as ENN Ecological Holdings Co Ltd is a natural gas distributor. The company has formed four division namely natural gas sales, integrated energy services, energy trade, and energy transmission and distribution. Its products include natural gas, coal, methanol, Dimethyl ether, Double junction silicon-based thin film solar panel, Ubiquitous energy efficiency platform, and Micro gas turbine.
Executives
Han Ji Shen Director
Liang Hong Yu senior management
Jiang Cheng Hong Director
Zhang Xiao Yang senior management
Yu Jian Chao Director
Zheng Wen Ping senior management
Wang Dong Zhi senior management
Zheng Hong Tao Directors, senior managers
Liu Jian Jun senior management
Zhang Jin Director
Wang Shuo senior management
Huang Bao Guang senior management
Wang Gui Qi senior management
Men Ji Jun senior management
Wang Shi Hong senior management

ENN Natural Gas Co Headlines

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