China Conch Venture Holdings (China Conch Venture Holdings) EBIT : $503 Mil (TTM As of Dec. 2023)

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What is China Conch Venture Holdings EBIT?

China Conch Venture Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $165 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $503 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Conch Venture Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 1.70%. China Conch Venture Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 28.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Conch Venture Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.63%.

China Conch Venture Holdings EBIT Historical Data

The historical data trend for China Conch Venture 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.

China Conch Venture Holdings EBIT Chart

China Conch Venture Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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1,082.38

1,176.98

1,188.44

713.12

504.19

China Conch Venture 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															641.87	442.03	288.63	338.21	164.98

Competitive Comparison of China Conch Venture Holdings's EBIT

For the Pollution & Treatment Controls subindustry, China Conch Venture 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.

China Conch Venture Holdings's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Conch Venture Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Conch Venture Holdings's EV-to-EBIT falls into.

China Conch Venture 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 $503 Mil.

China Conch Venture Holdings (OTCPK:CCVTF) EBIT Explanation

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

China Conch Venture 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 )
=	196.502 * ( 1 - 9.96% )	/	( (10456.376	+	10320.25)	/ 2 )
=	176.9304008	/	10388.313
=	1.70 %

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	))
=	11719.926	-	872.683	-	( 1333.596	-	max(0, 1568.262	-	1959.129	+	1333.596	))
=	10456.376

	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	))
=	11268.645	-	713.86	-	( 510.845	-	max(0, 903.012	-	1137.547	+	510.845	))
=	10320.25

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:

China Conch Venture 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 )
=	329.954	/	( ( (1082.24 + max(-472.72, 0))	+	(1230.396 + max(-321.812, 0)) )	/	2 )
=	329.954	/	( ( 1082.24	+	1230.396 )	/	2 )
=	329.954	/	1156.318
=	28.53 %

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)
=	(320.893	+	58.61	+	29.267)	-	(872.683	+	0	+	8.807)
=	-472.72

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(331.405	+	45.35	+	25.285)	-	(713.86	+	0	+	9.992)
=	-321.812

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:

China Conch Venture Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	503.186	/	4734.927
	=	10.63 %

China Conch Venture Holdings EBIT Related Terms

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China Conch Venture Holdings (China Conch Venture Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Conch Venture Holdings Ltd (OTCPK:CCVTF) » Definitions » EBIT

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00586:Hong Kong 68C:Germany

Address

1011 Jiuhua South Road, Anhui Province, Wuhu, CHN, 241070

Website

http://www.conchventure.com

China Conch Venture Holdings Ltd is a Hong Kong-based investment holding company engaged in the provision of environmental and energy-saving and environmental protection. The principal activities of the group are environmental protection sector, new energy, new building materials and port logistics. The group focuses on the development of the grate furnace power generation and new energy sectors. Its segment comprises of Waste-to-energy projects, port logistics services, New building materials, Investments, New energy material and solid waste solutions. Majority of revenue is generated from Waste-to-energy projects segment. Waste-to-energy projects segment includes waste incineration solutions, manufacturing and sales of residual heat power generation, vertical mills and related services.