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Greatview Aseptic Packaging Co (HKSE:00468) EBIT : HK$363 Mil (TTM As of Dec. 2023)


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What is Greatview Aseptic Packaging Co EBIT?

Greatview Aseptic Packaging Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$217 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$363 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Greatview Aseptic Packaging Co's annualized ROC % for the quarter that ended in Dec. 2023 was 11.55%. Greatview Aseptic Packaging Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 18.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Greatview Aseptic Packaging Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.29%.


Greatview Aseptic Packaging Co EBIT Historical Data

The historical data trend for Greatview Aseptic Packaging 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.

Greatview Aseptic Packaging Co EBIT Chart

Greatview Aseptic Packaging 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 497.28 545.83 444.65 266.04 362.85

Greatview Aseptic Packaging Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 207.79 105.77 165.27 146.16 216.70

Competitive Comparison of Greatview Aseptic Packaging Co's EBIT

For the Packaging & Containers subindustry, Greatview Aseptic Packaging 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.


Greatview Aseptic Packaging Co's EV-to-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Greatview Aseptic Packaging Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Greatview Aseptic Packaging Co's EV-to-EBIT falls into.



Greatview Aseptic Packaging 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$363 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.


Greatview Aseptic Packaging Co  (HKSE:00468) EBIT Explanation

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

Greatview Aseptic Packaging Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=441.864 * ( 1 - 25.77% )/( (2983.449 + 2694.251)/ 2 )
=327.9956472/2838.85
=11.55 %

where

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))
=4262.042 - 739.284 - ( 539.309 - max(0, 1156.795 - 2727.32+539.309))
=2983.449

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))
=4406.144 - 763.961 - ( 947.932 - max(0, 1139.998 - 2879.924+947.932))
=2694.251

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Greatview Aseptic Packaging Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=433.39/( ( (1293.935 + max(1160.92, 0)) + (1324.609 + max(940.413, 0)) )/ 2 )
=433.39/( ( 2454.855 + 2265.022 )/ 2 )
=433.39/2359.9385
=18.36 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(750.075 + 1157.355 + 260.318) - (739.284 + 0 + 267.544)
=1160.92

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(711.361 + 940.554 + 261.67) - (763.961 + 0 + 209.211)
=940.413

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Greatview Aseptic Packaging Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=362.85/2227.768
=16.29 %

* 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.


Greatview Aseptic Packaging Co EBIT Related Terms

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Greatview Aseptic Packaging Co (HKSE:00468) Business Description

Traded in Other Exchanges
Address
No.14 Jiuxianqiao Road, A4-2nd Floor, Chaoyang District, Beijing, CHN, 100015
Greatview Aseptic Packaging Co Ltd manufactures and sells a variety of paper-based packaging products. The company's primary product categories include packaging for dairy products and noncarbonated soft drink products. The sale of packaging for dairy products generates the majority of revenue. Greatview Aseptic Packaging also sells scrap metals. The firm organizes itself into two segments based on geography: the People's Republic of China, or PRC, and International. The PRC segment generates the majority of revenue.

Greatview Aseptic Packaging Co (HKSE:00468) Headlines

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