Zhongtian Construction (Hunan) Group (HKSE:02433) EBIT : HK$57 Mil (TTM As of Jun. 2023)

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What is Zhongtian Construction (Hunan) Group EBIT?

Zhongtian Construction (Hunan) Group's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was HK$0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was HK$57 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhongtian Construction (Hunan) Group's annualized ROC % for the quarter that ended in Jun. 2023 was 0.00%. Zhongtian Construction (Hunan) Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhongtian Construction (Hunan) Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 36.59%.

Zhongtian Construction (Hunan) Group EBIT Historical Data

The historical data trend for Zhongtian Construction (Hunan) Group'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.

Zhongtian Construction (Hunan) Group EBIT Chart

Zhongtian Construction (Hunan) Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

76.24

76.86

92.53

90.61

66.32

Zhongtian Construction (Hunan) Group Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial				-	37.54	19.46	-	-

Competitive Comparison of Zhongtian Construction (Hunan) Group's EBIT

For the Engineering & Construction subindustry, Zhongtian Construction (Hunan) Group'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.

Zhongtian Construction (Hunan) Group's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhongtian Construction (Hunan) Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhongtian Construction (Hunan) Group's EV-to-EBIT falls into.

Zhongtian Construction (Hunan) Group 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$57 Mil.

Zhongtian Construction (Hunan) Group (HKSE:02433) EBIT Explanation

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

Zhongtian Construction (Hunan) Group's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	0 * ( 1 - 0% )	/	( (877.975	+	1202.197)	/ 2 )
=	0	/	1040.086
=	0.00 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	1974.064	-	926.727	-	( 169.362	-	max(0, 1568.522	-	1947.577	+	169.362	))
=	877.975

	Invested Capital		(Q: Jun. 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	))
=	2089.996	-	809.489	-	( 78.31	-	max(0, 1556.385	-	2065	+	78.31	))
=	1202.197

Note: The Operating Income data used here is four times the quarterly (Jun. 2023) data.

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

Zhongtian Construction (Hunan) Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0	/	( ( (21.85 + max(-962.02, 0))	+	(19.506 + max(-884.263, 0)) )	/	2 )
=	0	/	( ( 21.85	+	19.506 )	/	2 )
=	0	/	20.678
=	0.00 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(395.734	+	0.925	+	57.183)	-	(926.727	+	0	+	489.135)
=	-962.02

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(427.961	+	0.587	+	92.791)	-	(809.489	+	0	+	596.113)
=	-884.263

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

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

Zhongtian Construction (Hunan) Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	57.003	/	155.779
	=	36.59 %

Zhongtian Construction (Hunan) Group EBIT Related Terms

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Zhongtian Construction (Hunan) Group (HKSE:02433) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhongtian Construction (Hunan) Group Ltd (HKSE:02433) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1197, East Xinhua Road, Hetang District, Hunan Province, Zhuzhou, CHN, 412008

Website

http://www.ztcon.com

Zhongtian Construction (Hunan) Group Ltd is engaged in general contracting construction in the PRC.

Executives

Zt (a) Limited	2101 Beneficial owner
Zt (m) Limited	2101 Beneficial owner

Zhongtian Construction (Hunan) Group (HKSE:02433) Headlines

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