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Houpu Clean Energy Group Co (SZSE:300471) EBIT : ¥-47.6 Mil (TTM As of Mar. 2024)


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What is Houpu Clean Energy Group Co EBIT?

Houpu Clean Energy Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-20.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-47.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Houpu Clean Energy Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was -4.62%. Houpu Clean Energy Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -9.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Houpu Clean Energy Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.29%.


Houpu Clean Energy Group Co EBIT Historical Data

The historical data trend for Houpu Clean Energy Group 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.

Houpu Clean Energy Group Co EBIT Chart

Houpu Clean Energy Group Co 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 27.41 -187.23 30.11 -123.50 -33.07

Houpu Clean Energy Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -5.91 23.40 -14.48 -36.09 -20.42

Competitive Comparison of Houpu Clean Energy Group Co's EBIT

For the Oil & Gas Equipment & Services subindustry, Houpu Clean Energy Group 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.


Houpu Clean Energy Group Co's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Houpu Clean Energy Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Houpu Clean Energy Group Co's EV-to-EBIT falls into.



Houpu Clean Energy Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-47.6 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.


Houpu Clean Energy Group Co  (SZSE:300471) EBIT Explanation

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

Houpu Clean Energy Group Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-87.764 * ( 1 - 0.64% )/( (1863.082 + 1909.495)/ 2 )
=-87.2023104/1886.2885
=-4.62 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=2393.544 - 356.196 - ( 348.943 - max(0, 1020.341 - 1194.607+348.943))
=1863.082

Invested Capital(Q: Mar. 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))
=2362.138 - 317.573 - ( 255.905 - max(0, 1010.654 - 1145.724+255.905))
=1909.495

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

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

Houpu Clean Energy Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-81.672/( ( (836.883 + max(-4.4570000000001, 0)) + (857.202 + max(46.178, 0)) )/ 2 )
=-81.672/( ( 836.883 + 903.38 )/ 2 )
=-81.672/870.1315
=-9.39 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(304.255 + 432.754 + 36.622) - (356.196 + 0 + 421.892)
=-4.4570000000001

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(249.111 + 498.719 + 81.345) - (317.573 + 0 + 465.424)
=46.178

When net working capital is negative, 0 is used.

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

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

Houpu Clean Energy Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-47.582/3696.047
=-1.29 %

* 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.


Houpu Clean Energy Group Co EBIT Related Terms

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Houpu Clean Energy Group Co (SZSE:300471) Business Description

Traded in Other Exchanges
N/A
Address
No. 599, Century City South Road, No. 3, Building 11, Building 6, High-tech Zone, Sichuan, Chengdu, CHN, 611731
Houpu Clean Energy Group Co Ltd is a clean energy solution provider. Its operates in five five business segments: high-end equipment integration for clean energy applications; operation and supervision platform based on Internet+, cloud computing, big data analysis; CRM-based, PLM-based Site operation and maintenance services; energy and chemical engineering consulting, survey, design, construction, installation, project management; clean energy equipment core components R & D (research and development) and manufacturing. Its product offerings include compressor control cabinet, gas supply system, barge LNG filling station, hydrogen station control system, hydrogenation machine, among others.
Executives
Wang Ji Wen Directors, executives
Yu Xin Supervisors
Hu Guan Ling Secretary Dong
Guo Zhi Cheng Executives
Zhong Xiao Directors, executives
Wu Jun Supervisors
Huang Ling Executives
Jiang Tao Directors, executives
Xiao Bin Executives
Huang Tai Gang Executives
Xia Cang Lan Executives
Li Fan Director
Wei Dai Qiang Directors, executives

Houpu Clean Energy Group Co (SZSE:300471) Headlines

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