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China Suntien Green Energy (SHSE:600956) EBIT : ¥3,586 Mil (TTM As of Dec. 2024)


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What is China Suntien Green Energy EBIT?

China Suntien Green Energy's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ¥518 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ¥3,586 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Suntien Green Energy's annualized ROC % for the quarter that ended in Dec. 2024 was 3.26%. China Suntien Green Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 3.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Suntien Green Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 5.75%.


China Suntien Green Energy EBIT Historical Data

The historical data trend for China Suntien Green Energy'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 Suntien Green Energy EBIT Chart

China Suntien Green Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,189.27 4,499.95 4,530.33 4,456.25 3,585.93

China Suntien Green Energy Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1,428.08 1,545.30 1,128.74 393.98 517.91

Competitive Comparison of China Suntien Green Energy's EBIT

For the Utilities - Regulated Gas subindustry, China Suntien Green Energy'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 Suntien Green Energy's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Suntien Green Energy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Suntien Green Energy's EV-to-EBIT falls into.


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China Suntien Green Energy 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥3,586 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 Suntien Green Energy  (SHSE:600956) EBIT Explanation

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

China Suntien Green Energy's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=3300.224 * ( 1 - 17.91% )/( (80602.625 + 85546.199)/ 2 )
=2709.1538816/83074.412
=3.26 %

where

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))
=81747.417 - 7740.266 - ( 2864.56 - max(0, 19860.37 - 13264.896+2864.56))
=80602.625

Invested Capital(Q: Dec. 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))
=84016.482 - 6647.488 - ( 3056.263 - max(0, 22599.081 - 14421.876+3056.263))
=85546.199

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

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

China Suntien Green Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2071.656/( ( (58403.635 + max(-7488.539, 0)) + (59331.337 + max(-7915.02, 0)) )/ 2 )
=2071.656/( ( 58403.635 + 59331.337 )/ 2 )
=2071.656/58867.486
=3.52 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7274.449 + 1616.098 + 1054.594) - (7740.266 + 0 + 9693.414)
=-7488.539

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7152.026 + 2162.586 + 1430.852) - (6647.488 + 0 + 12012.996)
=-7915.02

When net working capital is negative, 0 is used.

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

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

China Suntien Green Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=3585.932/62337.922
=5.75 %

* 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 Suntien Green Energy EBIT Related Terms

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China Suntien Green Energy Business Description

Traded in Other Exchanges
Address
No. 9 Yuhua West Road, 9th Floor, Block A, Yuyuan Plaza, Qiaoxi District, Hebei Province, Shijiazhuang, CHN, 050001
China Suntien Green Energy is engaged in the wind power, photovoltaic, and natural gas businesses. The natural gas segment is involved in the sales of natural gas and gas appliances, and the provision of construction and connection services of natural gas pipelines. The wind and solar energy segment sells electricity to external grid companies by operating wind farms and solar energy plants. In 2023, the firm's natural gas transmission volume was 5,114 million cubic meters, while sales volume of electricity was 13.93 billion kilowatt-hours. As of end-2023, the firm had consolidated renewable energy (wind and solar) installed capacity of 6.42 gigawatts.

China Suntien Green Energy Headlines

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