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C C Land Holdings (C C Land Holdings) EBIT : $-162.92 Mil (TTM As of Dec. 2023)


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What is C C Land Holdings EBIT?

C C Land Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $-33.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-162.92 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. C C Land Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 0.09%. C C Land Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -388.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. C C Land Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -10.53%.


C C Land Holdings EBIT Historical Data

The historical data trend for C C Land 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.

C C Land Holdings EBIT Chart

C C Land 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 87.15 128.52 41.35 -189.59 -163.31

C C Land Holdings 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 -15.44 57.19 -247.25 -129.78 -33.14

Competitive Comparison of C C Land Holdings's EBIT

For the Real Estate - Development subindustry, C C Land 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.


C C Land Holdings's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, C C Land Holdings's EV-to-EBIT distribution charts can be found below:

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



C C Land 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-162.92 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.


C C Land Holdings  (OTCPK:CCLHF) EBIT Explanation

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

C C Land Holdings'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 )
=2.634 * ( 1 - 1.39% )/( (2928.482 + 3026.838)/ 2 )
=2.5973874/2977.66
=0.09 %

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))
=3310.325 - 64.991 - ( 403.9 - max(0, 132.936 - 449.788+403.9))
=2928.482

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))
=3247.438 - 39.04 - ( 486.119 - max(0, 329.829 - 511.389+486.119))
=3026.838

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:

C C Land Holdings'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 )
=-66.286/( ( (18.615 + max(-47.578, 0)) + (15.503 + max(-30.445, 0)) )/ 2 )
=-66.286/( ( 18.615 + 15.503 )/ 2 )
=-66.286/17.059
=-388.57 %

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)
=(0.355 + 0 + 17.059) - (64.991 + 0 + 0.0010000000000048)
=-47.578

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.375 + 0 + 23.895) - (39.04 + 0 + 16.675)
=-30.445

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-162.922/1546.822
=-10.53 %

* 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.


C C Land Holdings EBIT Related Terms

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C C Land Holdings (C C Land Holdings) Business Description

Traded in Other Exchanges
Address
26 Harbour Road, 25th Floor, China Resources Building, Wanchai, Hong Kong, HKG
C C Land Holdings Ltd essentially operates through two segments. The Property development and investment segment, which accounts for the majority of the company's sales, is engaged in developing and investing in properties located in mainland China. The Treasury investment segment invests in securities and notes receivables, and also provides financial services. The company primarily operates in mainland China.

C C Land Holdings (C C Land Holdings) Headlines

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