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Tong Petrotech (SZSE:300164) EBIT : ¥85 Mil (TTM As of Dec. 2024)


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What is Tong Petrotech EBIT?

Tong Petrotech's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ¥12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ¥85 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tong Petrotech's annualized ROC % for the quarter that ended in Dec. 2024 was 4.03%. Tong Petrotech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 6.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tong Petrotech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 3.83%.


Tong Petrotech EBIT Historical Data

The historical data trend for Tong Petrotech'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.

Tong Petrotech EBIT Chart

Tong Petrotech Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,174.66 30.28 36.05 84.22 85.44

Tong Petrotech Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -41.31 10.51 41.92 20.87 12.14

Competitive Comparison of Tong Petrotech's EBIT

For the Oil & Gas Equipment & Services subindustry, Tong Petrotech'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.


Tong Petrotech's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tong Petrotech's EV-to-EBIT distribution charts can be found below:

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


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Tong Petrotech 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥85 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.


Tong Petrotech  (SZSE:300164) EBIT Explanation

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

Tong Petrotech's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=60.28 * ( 1 - 5.64% )/( (1409.713 + 1411.166)/ 2 )
=56.880208/1410.4395
=4.03 %

where

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))
=1956.064 - 204.757 - ( 341.594 - max(0, 510.652 - 1007.019+341.594))
=1409.713

Invested Capital(Q: Dec. 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))
=1970.805 - 205.085 - ( 354.554 - max(0, 497.862 - 1000.398+354.554))
=1411.166

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

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

Tong Petrotech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=48.576/( ( (368.384 + max(412.788, 0)) + (394.308 + max(412.37, 0)) )/ 2 )
=48.576/( ( 781.172 + 806.678 )/ 2 )
=48.576/793.925
=6.12 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(468.504 + 108.808 + 59.038) - (204.757 + 0 + 18.805)
=412.788

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(460.419 + 119.665 + 50.367) - (205.085 + 0 + 12.996)
=412.37

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

Tong Petrotech's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=85.436/2230.258
=3.83 %

* 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.


Tong Petrotech EBIT Related Terms

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Tong Petrotech Business Description

Traded in Other Exchanges
N/A
Address
No. 51 Tangyan Road, 13th Floor, Block A, Life One Center, High-tech Zone, Xi'an, CHN, 710065
Tong Petrotech Corp is engaged in offering oil recovery, drilling and completion technical services, fracturing technology services, CBM technical services, and block integrating contracting services. The technical services provided by the company include compound perforating, drilling, and integrated big bag service.
Executives
Zhang Guo An Director
Zhang Zhi Jian Director
Ren Yan Zhong Directors, executives
Zhang Bai Shuang Executives
Wang Hong Wei Securities Affairs Representative
Zhang Ming Supervisors
Liu Yin Zhong Executives
Tian Yi Executives
Chen Yan Supervisors
Wu Chi Yan Director
Huang Jian Qing Director
Zhou Zhi Hua Supervisors

Tong Petrotech Headlines

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