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Xinjiang Hongtong Gas Co (SHSE:605169) EBIT : ¥262 Mil (TTM As of Sep. 2024)


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What is Xinjiang Hongtong Gas Co EBIT?

Xinjiang Hongtong Gas Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥120 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥262 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xinjiang Hongtong Gas Co's annualized ROC % for the quarter that ended in Sep. 2024 was 23.62%. Xinjiang Hongtong Gas Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 36.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xinjiang Hongtong Gas Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 12.02%.


Xinjiang Hongtong Gas Co EBIT Historical Data

The historical data trend for Xinjiang Hongtong Gas 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.

Xinjiang Hongtong Gas Co EBIT Chart

Xinjiang Hongtong Gas Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 201.73 157.57 255.03 209.18 192.16

Xinjiang Hongtong Gas 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 70.36 63.62 5.66 72.75 119.61

Competitive Comparison of Xinjiang Hongtong Gas Co's EBIT

For the Utilities - Regulated Gas subindustry, Xinjiang Hongtong Gas 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.


Xinjiang Hongtong Gas Co's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Xinjiang Hongtong Gas Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Xinjiang Hongtong Gas Co's EV-to-EBIT falls into.


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Xinjiang Hongtong Gas 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 ¥262 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.


Xinjiang Hongtong Gas Co  (SHSE:605169) EBIT Explanation

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

Xinjiang Hongtong Gas 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 )
=479.46 * ( 1 - 13.12% )/( (1770.607 + 1757.086)/ 2 )
=416.554848/1763.8465
=23.62 %

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))
=2428.058 - 198.141 - ( 644.641 - max(0, 413.597 - 872.907+644.641))
=1770.607

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))
=2541.485 - 213.711 - ( 705.246 - max(0, 420.699 - 991.387+705.246))
=1757.086

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

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

Xinjiang Hongtong Gas 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 )
=478.44/( ( (1312.245 + max(-45.481, 0)) + (1288.59 + max(-8.1290000000001, 0)) )/ 2 )
=478.44/( ( 1312.245 + 1288.59 )/ 2 )
=478.44/1300.4175
=36.79 %

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)
=(55.251 + 47.873 + 118.368) - (198.141 + 0 + 68.832)
=-45.481

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(62.705 + 51.998 + 162.704) - (213.711 + 0 + 71.825)
=-8.1290000000001

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:

Xinjiang Hongtong Gas Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=261.642/2177.423
=12.02 %

* 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.


Xinjiang Hongtong Gas Co EBIT Related Terms

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Xinjiang Hongtong Gas Co Business Description

Traded in Other Exchanges
N/A
Address
Renmin East Road, Korla City, Bazhou, Xinjiang Uygur Autonomous Region, Xinjiang, CHN, 841000
Xinjiang Hongtong Gas Co Ltd is engaged in production, processing, storage, transportation and sales of LNG and CNG, as well as sales of residential, commercial and industrial natural gas.

Xinjiang Hongtong Gas Co Headlines

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