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Ningbo Construction Co (SHSE:601789) EBIT : ¥608 Mil (TTM As of Sep. 2024)


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What is Ningbo Construction Co EBIT?

Ningbo Construction Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥156 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥608 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ningbo Construction Co's annualized ROC % for the quarter that ended in Sep. 2024 was 3.54%. Ningbo Construction Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 40.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ningbo Construction Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 6.81%.


Ningbo Construction Co EBIT Historical Data

The historical data trend for Ningbo Construction 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.

Ningbo Construction Co EBIT Chart

Ningbo Construction 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 580.69 505.97 675.59 613.88 579.08

Ningbo Construction 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 120.24 139.10 159.08 153.75 156.02

Competitive Comparison of Ningbo Construction Co's EBIT

For the Engineering & Construction subindustry, Ningbo Construction 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.


Ningbo Construction Co's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ningbo Construction Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ningbo Construction Co's EV-to-EBIT falls into.



Ningbo Construction 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 ¥608 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.


Ningbo Construction Co  (SHSE:601789) EBIT Explanation

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

Ningbo Construction 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 )
=976.324 * ( 1 - 34.05% )/( (18591.333 + 17797.251)/ 2 )
=643.885678/18194.292
=3.54 %

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))
=29841.042 - 11292.302 - ( 4750.3 - max(0, 22348.295 - 22305.702+4750.3))
=18591.333

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))
=30194.287 - 11781.144 - ( 4373.328 - max(0, 21848.412 - 22464.304+4373.328))
=17797.251

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

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

Ningbo Construction 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 )
=624.076/( ( (1510.914 + max(-11037.125, 0)) + (1596.087 + max(-10980.987, 0)) )/ 2 )
=624.076/( ( 1510.914 + 1596.087 )/ 2 )
=624.076/1553.5005
=40.17 %

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)
=(4941.396 + 998.546 + 1444.996) - (11292.302 + 0 + 7129.761)
=-11037.125

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5168.418 + 1125.696 + 1521.898) - (11781.144 + 0 + 7015.855)
=-10980.987

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:

Ningbo Construction Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=607.944/8930.185
=6.81 %

* 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.


Ningbo Construction Co EBIT Related Terms

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Ningbo Construction Co Business Description

Traded in Other Exchanges
N/A
Address
No.538, Ningtong Road, Yinzhou District, Ningbo, CHN, 315040
Ningbo Construction Co Ltd is a China-based construction company. It is engaged in the housing construction and general construction business. In addition, the company is also involved in the operation of civil engineering, engineering design, municipal garden, equipment installation and equipment leasing. Its business scope covers engineering survey, architectural design, housing construction and municipal general contracting, rail transit, mechanical and electrical equipment installation, decoration and decoration, steel structure, commercial concrete and prefabricated components. The business segments of the company are the Survey and design section, General contracting sector, and Industrial building sector.
Executives
Chen Xian Hua Director
Pan Xin Qiang Director
Chen Jian Guo Director
Li Zhang Chun senior management
Weng Hai Yong Director
Lu Xiang Kang Supervisors
Yu Wu Zheng Supervisors
Chen Bao Kang senior management
Wang Shan Bo Director
Meng Wen Hua Director
Xu Wen Wei Director
Huang Huan Jun senior management
Zhou Gang Xiang Supervisors
Li Shui Ming senior management

Ningbo Construction Co Headlines

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