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CEVIA Enviro (SZSE:000885) EBIT : ¥2,056 Mil (TTM As of Sep. 2024)


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What is CEVIA Enviro EBIT?

CEVIA Enviro's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥657 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥2,056 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CEVIA Enviro's annualized ROC % for the quarter that ended in Sep. 2024 was 7.85%. CEVIA Enviro's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 43.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CEVIA Enviro's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 9.14%.


CEVIA Enviro EBIT Historical Data

The historical data trend for CEVIA Enviro'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.

CEVIA Enviro EBIT Chart

CEVIA Enviro 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 1,034.03 1,040.26 1,635.63 2,074.71 2,067.60

CEVIA Enviro 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 554.00 418.37 460.46 520.93 656.54

Competitive Comparison of CEVIA Enviro's EBIT

For the Infrastructure Operations subindustry, CEVIA Enviro'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.


CEVIA Enviro's EV-to-EBIT Distribution in the Construction Industry

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

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


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CEVIA Enviro 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 ¥2,056 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.


CEVIA Enviro  (SZSE:000885) EBIT Explanation

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

CEVIA Enviro'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 )
=2567.472 * ( 1 - 20.5% )/( (25936.09 + 26052.785)/ 2 )
=2041.14024/25994.4375
=7.85 %

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))
=29583.707 - 3697 - ( 1170.7 - max(0, 6211.123 - 6161.74+1170.7))
=25936.09

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))
=30141.981 - 3580.213 - ( 1259.06 - max(0, 6190.498 - 6699.481+1259.06))
=26052.785

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

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

CEVIA Enviro'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 )
=2626.152/( ( (6041.428 + max(-631.156, 0)) + (6097.615 + max(-158.26, 0)) )/ 2 )
=2626.152/( ( 6041.428 + 6097.615 )/ 2 )
=2626.152/6069.5215
=43.27 %

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)
=(3202.102 + 83.679 + 1159.746) - (3697 + 0 + 1379.683)
=-631.156

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3567.162 + 83.404 + 1179.53) - (3580.213 + 0 + 1408.143)
=-158.26

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:

CEVIA Enviro's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=2056.31/22502.112
=9.14 %

* 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.


CEVIA Enviro EBIT Related Terms

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CEVIA Enviro Business Description

Traded in Other Exchanges
N/A
Address
No. 41, Nongye Road East, 16th Floor, Block A, Investment Building, Zhengzhou, CHN, 450008
CEVIA Enviro Inc is engaged in highway operations and urban infrastructure construction.
Executives
Cui Kai Supervisors
Yang Lai Shang Supervisors
Wang Jian Sheng Executives
Cai Zhi Duan Director
Ma Jian Zhong Executives

CEVIA Enviro Headlines

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