China Finance (STU:CVF) EBIT: €3.20 Mil (TTM As of Mar. 2007)


What is China Finance EBIT?

China Finance STU:CVF EBIT is €3.20 Mil as of Mar. 2007.

China Finance's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2007 was €-0.16 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2007 was €3.20 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Finance's annualized ROC % for the quarter that ended in Mar. 2007 was -7.01%. China Finance's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2007 was -176.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

China Finance  (STU:CVF) EBIT Explanation

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

China Finance's annualized ROC % for the quarter that ended in Mar. 2007 is calculated as:

ROC % (Q: Mar. 2007 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2006 ) + Invested Capital (Q: Mar. 2007 ))/ count )
=-0.624 * ( 1 - 0% )/( (9.336 + 8.468)/ 2 )
=-0.624/8.902
=-7.01 %

where

Invested Capital(Q: Dec. 2006 )
=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))
=21.603 - 0.054 - ( 12.213 - max(0, 0.067 - 12.553+12.213))
=9.336

Invested Capital(Q: Mar. 2007 )
=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))
=31.088 - 0.054 - ( 22.623 - max(0, 0.069 - 22.635+22.623))
=8.468

Note: The Operating Income data used here is four times the quarterly (Mar. 2007) data.

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

China Finance's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2007 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2007 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2006  Q: Mar. 2007
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.624/( ( (0.363 + max(-0.026999999999999, 0)) + (0.344 + max(-0.057, 0)) )/ 2 )
=-0.624/( ( 0.363 + 0.344 )/ 2 )
=-0.624/0.3535
=-176.52 %

where Working Capital is:

Working Capital(Q: Dec. 2006 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.040000000000001) - (0.054 + 0 + 0.013)
=-0.026999999999999

Working Capital(Q: Mar. 2007 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.012) - (0.054 + 0 + 0.015)
=-0.057

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2007) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2007 )
=3.203/0.000
= %

* 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 Finance EBIT Related Terms

China Finance EBIT Historical Data

* Premium members only.

The historical data trend for China Finance'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.

China Finance EBIT Chart

China Finance Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
EBIT
Get a 7-Day Free Trial -0.02 -0.02 2.62 -0.31 3.20

China Finance Quarterly Data
Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07
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 -0.14 -0.07 0.86 2.57 -0.16

China Finance EBIT Competitor Comparison

For the Credit Services subindustry, China Finance'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 Finance EV-to-EBIT vs Credit Services Industry

For the Credit Services industry and Financial Services sector, China Finance's EV-to-EBIT distribution charts can be found below:

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


China Finance 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 Mar. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was €3.20 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €3.20 Mil mean?
China Finance (STU:CVF) has a EBIT of €3.20 Mil as of Mar. 2007. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on China Finance.
Is China Finance's EBIT too high?
China Finance's current EBIT is €3.20 Mil.
How does China Finance's EBIT compare to competitors?
China Finance's EBIT of €3.20 Mil can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Credit Services company?
A good EBIT depends on the Credit Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on China Finance. China Finance's current EBIT is €3.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Finance stock overvalued right now?
China Finance (STU:CVF) has a current EBIT of €3.20 Mil. The current EBIT is €3.20 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For China Finance (STU:CVF), the current EBIT is €3.20 Mil as of Mar. 2007. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Finance Business Description

Address Shennan Road, 22 nd Floor, Tower 1, China Phoenix Building, Shenzhen, CHN
China Finance Inc through its subsidiary provides financial support and services, mainly in the form of surety guarantees or short-term loans to privately owned small and medium sized enterprises in China.