Top Resource Energy Co (SZSE:300332) EBIT : ¥237 Mil (TTM As of Sep. 2024)

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What is Top Resource Energy Co EBIT?

Top Resource Energy Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥48 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥237 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Top Resource Energy Co's annualized ROC % for the quarter that ended in Sep. 2024 was 1.95%. Top Resource Energy Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Top Resource Energy Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.99%.

Top Resource Energy Co EBIT Historical Data

The historical data trend for Top Resource Energy 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.

Top Resource Energy Co EBIT Chart

Top Resource Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

208.34

179.16

314.30

623.19

510.24

Top Resource Energy 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															122.70	14.70	122.98	50.80	48.27

Competitive Comparison of Top Resource Energy Co's EBIT

For the Utilities - Regulated Gas subindustry, Top Resource Energy 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.

Top Resource Energy Co's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Top Resource Energy Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Top Resource Energy Co's EV-to-EBIT falls into.

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Top Resource Energy 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 ¥237 Mil.

Top Resource Energy Co (SZSE:300332) EBIT Explanation

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

Top Resource Energy 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 )
=	154.388 * ( 1 - 8.29% )	/	( (7371.142	+	7149.119)	/ 2 )
=	141.5892348	/	7260.1305
=	1.95 %

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	))
=	8797.204	-	1890.847	-	( 1294.676	-	max(0, 3289.349	-	2824.564	+	1294.676	))
=	7371.142

	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	))
=	8602.114	-	1966.108	-	( 1188.644	-	max(0, 3131.072	-	2617.959	+	1188.644	))
=	7149.119

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

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

Top Resource Energy 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 )
=	193.092	/	( ( (2455.872 + max(-1089.584, 0))	+	(2466.784 + max(-1233.189, 0)) )	/	2 )
=	193.092	/	( ( 2455.872	+	2466.784 )	/	2 )
=	193.092	/	2461.328
=	7.85 %

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)
=	(494.716	+	241.32	+	364.025)	-	(1890.847	+	0	+	298.798)
=	-1089.584

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(504.866	+	140.436	+	319.006)	-	(1966.108	+	0	+	231.389)
=	-1233.189

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:

Top Resource Energy Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	236.755	/	4745.951
	=	4.99 %

Top Resource Energy Co EBIT Related Terms

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Top Resource Energy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Top Resource Energy Co Ltd (SZSE:300332) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

No. 6, Chaoyangmenwai Street, Room 2201, Building 2, Floor 22, Chaoyang, Beijing, CHN, 100020

Website

https://www.trce.com.cn

Top Resource Energy Co Ltd is engaged in Natural gas supply and pipeline operation, water treatment engineering services, research and development, production and sales of membrane products, waste heat power generation and energy saving, flue gas treatment investment and engineering technical services.

Executives

Chen Zuo Tao	Directors, executives
Wen Lei Yun	Executives
Wu Hong Mei	Director
Li Xue Jun	Executives
Li Yu Long	Executives
Wang Zu Feng	Executives
Zhang Hong Tao	Directors, Directors, and Executives
Hu Fan	Executives
Yan Bing	Executives
Wang Jian Jun	Directors, executives
Zheng Chun Lei	Executives
Cheng Yan	Securities Affairs Representative
Li Jiang Bing	Executives
Shi Qing Xi	Executives
Chen Lei	Executives

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