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Beijing Hanjian Heshan Pipeline Co (SHSE:603616) EBIT : ¥-302.2 Mil (TTM As of Sep. 2024)


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What is Beijing Hanjian Heshan Pipeline Co EBIT?

Beijing Hanjian Heshan Pipeline Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-6.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-302.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Beijing Hanjian Heshan Pipeline Co's annualized ROC % for the quarter that ended in Sep. 2024 was 0.55%. Beijing Hanjian Heshan Pipeline Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -16.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Beijing Hanjian Heshan Pipeline Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -21.40%.


Beijing Hanjian Heshan Pipeline Co EBIT Historical Data

The historical data trend for Beijing Hanjian Heshan Pipeline 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.

Beijing Hanjian Heshan Pipeline Co EBIT Chart

Beijing Hanjian Heshan Pipeline 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 -22.02 66.15 60.07 -372.73 -323.80

Beijing Hanjian Heshan Pipeline 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 -24.99 -262.79 -10.47 -22.12 -6.77

Competitive Comparison of Beijing Hanjian Heshan Pipeline Co's EBIT

For the Steel subindustry, Beijing Hanjian Heshan Pipeline 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.


Beijing Hanjian Heshan Pipeline Co's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Beijing Hanjian Heshan Pipeline Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Beijing Hanjian Heshan Pipeline Co's EV-to-EBIT falls into.


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Beijing Hanjian Heshan Pipeline 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 ¥-302.2 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.


Beijing Hanjian Heshan Pipeline Co  (SHSE:603616) EBIT Explanation

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

Beijing Hanjian Heshan Pipeline 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 )
=8.524 * ( 1 - 28.47% )/( (1164.114 + 1069.874)/ 2 )
=6.0972172/1116.994
=0.55 %

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))
=1877.971 - 767.809 - ( 118.344 - max(0, 1457.48 - 1403.528+118.344))
=1164.114

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))
=1810.692 - 781.869 - ( 58.986 - max(0, 1395.414 - 1354.363+58.986))
=1069.874

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

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

Beijing Hanjian Heshan Pipeline 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 )
=-27.092/( ( (165.364 + max(-276.261, 0)) + (156.539 + max(-179.217, 0)) )/ 2 )
=-27.092/( ( 165.364 + 156.539 )/ 2 )
=-27.092/160.9515
=-16.83 %

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)
=(441.89 + 444.293 + 59.578) - (767.809 + 0 + 454.213)
=-276.261

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(448.9 + 418.068 + 61.88) - (781.869 + 0 + 326.196)
=-179.217

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:

Beijing Hanjian Heshan Pipeline Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-302.161/1411.827
=-21.40 %

* 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.


Beijing Hanjian Heshan Pipeline Co EBIT Related Terms

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Beijing Hanjian Heshan Pipeline Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Block C, Yayuan Commercial Building, Nature New City, Hancunhe Village, Hancunhe Town, Fangshan District, Beijing, CHN, 102488
Beijing Hanjian Heshan Pipeline Co Ltd is engaged in the production of pre-stressed steel cylinder concrete pipe (PCCP), pressure steel pipe and pressure steel pipe, drainage pipe, commercial concrete. The company's main products are PCCP of DN600-DN4000, full range of concrete drainage pipes (RCP) of DN300-DN3000, concrete of various strength grades and special concrete.
Executives
Tian Yu Bo Director
Fu Li Qiang Director
Gao Ling Xia Supervisors
Wei Liang Bin Director
Kui He Shuang Director
Sun Xue Director
Liu Jiang Ning Director
Tian Guang Liang Director
Li De Kui Supervisors
Liu Fu Hai senior management

Beijing Hanjian Heshan Pipeline Co Headlines

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