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CSD Water Service Co (SHSE:603903) EBIT : ¥168 Mil (TTM As of Sep. 2024)


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What is CSD Water Service Co EBIT?

CSD Water Service Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥168 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CSD Water Service Co's annualized ROC % for the quarter that ended in Sep. 2024 was 0.58%. CSD Water Service Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CSD Water Service Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.31%.


CSD Water Service Co EBIT Historical Data

The historical data trend for CSD Water Service 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.

CSD Water Service Co EBIT Chart

CSD Water Service 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 227.90 249.22 273.17 228.21 290.97

CSD Water Service 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 61.32 125.61 40.32 2.71 -0.49

Competitive Comparison of CSD Water Service Co's EBIT

For the Waste Management subindustry, CSD Water Service 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.


CSD Water Service Co's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, CSD Water Service Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CSD Water Service Co's EV-to-EBIT falls into.



CSD Water Service 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 ¥168 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.


CSD Water Service Co  (SHSE:603903) EBIT Explanation

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

CSD Water Service 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 )
=28.732 * ( 1 - 30.8% )/( (3385.669 + 3450.183)/ 2 )
=19.882544/3417.926
=0.58 %

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))
=4761.203 - 887.038 - ( 500.225 - max(0, 2074.489 - 2562.985+500.225))
=3385.669

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))
=4653.464 - 761.779 - ( 441.502 - max(0, 1937.135 - 2466.597+441.502))
=3450.183

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

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

CSD Water Service 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 )
=-1.94/( ( (353.681 + max(589.951, 0)) + (347.984 + max(695.893, 0)) )/ 2 )
=-1.94/( ( 943.632 + 1043.877 )/ 2 )
=-1.94/993.7545
=-0.20 %

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)
=(1409.717 + 67.305 + 162.438) - (887.038 + 0 + 162.471)
=589.951

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1369.927 + 83.751 + 164.587) - (761.779 + 0 + 160.593)
=695.893

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:

CSD Water Service Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=168.147/3168.181
=5.31 %

* 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.


CSD Water Service Co EBIT Related Terms

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CSD Water Service Co Business Description

Traded in Other Exchanges
N/A
Address
No. 66 Xixiaokou Road, Zhongguancun, Room 402, 4th Floor, Building 2, D District, Dongsheng Science and Technology Park, Haidian District, Beijing, CHN, 100192
CSD Water Service Co Ltd is a China based integrated water service provider. It focuses on small and medium-sized cities, industrial parks and industrial customers, with investment operations, system integration, fiduciary management and technical services as the core of water, sewage and associated sludge treatment facilities. The entity's business projects covers research and development of wastewater treatment and sludge disposal technologies; environmental protection facilities operation management; environmental engineering contracting; provision of environmental technology consulting, technical services, technology development, technical support; sales of self-developed products, environmental protection equipment, and complete sets of equipment.
Executives
Wang Zhi Li senior management
Wang Fang Supervisors
Yu Zheng Xin senior management
Wang Hai Yun senior management

CSD Water Service Co Headlines

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