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Harbin Hatou Investment Co (SHSE:600864) EBIT : ¥507 Mil (TTM As of Sep. 2024)


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What is Harbin Hatou Investment Co EBIT?

Harbin Hatou Investment Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥152 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥507 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Harbin Hatou Investment Co's annualized ROC % for the quarter that ended in Sep. 2024 was -2.28%. Harbin Hatou Investment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 18.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Harbin Hatou Investment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.81%.


Harbin Hatou Investment Co EBIT Historical Data

The historical data trend for Harbin Hatou Investment 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.

Harbin Hatou Investment Co EBIT Chart

Harbin Hatou Investment 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 303.39 309.51 309.85 -1,415.81 262.80

Harbin Hatou Investment 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 -96.88 203.81 199.14 -48.33 152.42

Competitive Comparison of Harbin Hatou Investment Co's EBIT

For the Utilities - Regulated Electric subindustry, Harbin Hatou Investment 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.


Harbin Hatou Investment Co's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Harbin Hatou Investment Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Harbin Hatou Investment Co's EV-to-EBIT falls into.



Harbin Hatou Investment 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 ¥507 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.


Harbin Hatou Investment Co  (SHSE:600864) EBIT Explanation

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

Harbin Hatou Investment 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 )
=-690.284 * ( 1 - 4.7% )/( (26109.092 + 31492.969)/ 2 )
=-657.840652/28801.0305
=-2.28 %

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))
=37808.987 - 1720.611 - ( 22548.076 - max(0, 20980.801 - 30960.085+22548.076))
=26109.092

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))
=42605.291 - 1585.677 - ( 26978.474 - max(0, 25992.98 - 35519.625+26978.474))
=31492.969

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

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

Harbin Hatou Investment 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 )
=609.66/( ( (3335.856 + max(-4383.563, 0)) + (3319.497 + max(-6031.283, 0)) )/ 2 )
=609.66/( ( 3335.856 + 3319.497 )/ 2 )
=609.66/3327.6765
=18.32 %

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)
=(378.172 + 218.111 + 2738.121) - (1720.611 + 0 + 5997.356)
=-4383.563

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(461.817 + 349.848 + 2748.57) - (1585.677 + 0 + 8005.841)
=-6031.283

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:

Harbin Hatou Investment Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=507.024/4692.242
=10.81 %

* 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.


Harbin Hatou Investment Co EBIT Related Terms

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Harbin Hatou Investment Co Business Description

Traded in Other Exchanges
N/A
Address
No.27, Longshun Street, Kunlun Mall, Nangang District, Heilongjiang Province, Harbin, CHN, 150028
Website
Harbin Hatou Investment Co Ltd is engaged in the generation and supply of heat and electric power using coal. The Company is also engaged in forest harvesting, timber distribution and real estate development.
Executives
Pan Qi senior management
Jia Shu Li senior management
Zhang Ming Jia senior management
Zhang Kai Chen senior management
Xu Jian Wei Director
Chen Jing Chun Director

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