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XNGSY (ENN Energy Holdings) EBIT : $1,360 Mil (TTM As of Jun. 2024)


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What is ENN Energy Holdings EBIT?

ENN Energy Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was $604 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $1,360 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ENN Energy Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 6.16%. ENN Energy Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 16.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ENN Energy Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 12.76%.


ENN Energy Holdings EBIT Historical Data

The historical data trend for ENN Energy Holdings'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.

ENN Energy Holdings EBIT Chart

ENN Energy Holdings 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 1,364.19 1,547.41 1,871.63 1,392.20 1,512.14

ENN Energy Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 763.23 659.24 753.21 756.70 603.61

Competitive Comparison of ENN Energy Holdings's EBIT

For the Utilities - Regulated Gas subindustry, ENN Energy Holdings'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.


ENN Energy Holdings's EV-to-EBIT Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where ENN Energy Holdings's EV-to-EBIT falls into.



ENN Energy Holdings 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,360 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.


ENN Energy Holdings  (OTCPK:XNGSY) EBIT Explanation

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

ENN Energy Holdings's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=1128.096 * ( 1 - 24.57% )/( (14200.302 + 13424.401)/ 2 )
=850.9228128/13812.3515
=6.16 %

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))
=14443.713 - 1440.576 - ( 1370.97 - max(0, 4891.039 - 3693.874+1370.97))
=14200.302

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))
=13854.329 - 1613.299 - ( 1112.52 - max(0, 4288.806 - 3105.435+1112.52))
=13424.401

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

ENN Energy Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1207.218/( ( (7176.27 + max(-1773.619, 0)) + (7460.129 + max(-1874.647, 0)) )/ 2 )
=1207.218/( ( 7176.27 + 7460.129 )/ 2 )
=1207.218/7318.1995
=16.50 %

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)
=(1553.318 + 235.568 + 76.888) - (1440.576 + 0 + 2198.817)
=-1773.619

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1325.072 + 246.461 + 51.001) - (1613.299 + 0 + 1883.882)
=-1874.647

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

ENN Energy Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=1360.31/10657.412
=12.76 %

* 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.


ENN Energy Holdings EBIT Related Terms

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ENN Energy Holdings Business Description

Traded in Other Exchanges
Address
Xinyuan DongDao Road, Building A, ENN Industrial Park, Economic and Technological Development Zone, Hebei Province, Langfang, CHN, 065001
ENN Energy Holdings is primarily engaged in distributing and retailing natural gas. By year-end 2023, ENN owned 259 city gas projects in China, with annual gas sales volume of 33.6 billion cubic meters. Meanwhile, the aggregate number of connected piped gas residential households reached 29.8 million, with an average gas penetration rate of 65.2%. ENN Energy also has ventured into integrated energy business with 296 projects in operation.