China United Insurance Service (China United Insurance Service) EBIT : $20.1 Mil (TTM As of Mar. 2023)

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What is China United Insurance Service EBIT?

China United Insurance Service's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2023 was $5.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was $20.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China United Insurance Service's annualized ROC % for the quarter that ended in Mar. 2023 was 33.32%. China United Insurance Service's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 231.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China United Insurance Service's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was -28.59%.

China United Insurance Service EBIT Historical Data

The historical data trend for China United Insurance Service'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 United Insurance Service EBIT Chart

China United Insurance Service Annual Data

Trend

Jun13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

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9.16

8.81

6.64

16.83

21.37

China United Insurance Service Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
EBIT	Get a 7-Day Free Trial															6.32	4.16	10.16	0.74	5.02

Competitive Comparison of China United Insurance Service's EBIT

For the Insurance Brokers subindustry, China United Insurance Service'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 United Insurance Service's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, China United Insurance Service's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China United Insurance Service's EV-to-EBIT falls into.

China United Insurance Service 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $20.1 Mil.

China United Insurance Service (OTCPK:CUII) EBIT Explanation

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

China United Insurance Service's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

	ROC % (Q: Mar. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Mar. 2023 ))	/ count )
=	18.824 * ( 1 - 25.8% )	/	( (41.614	+	42.229)	/ 2 )
=	13.967408	/	41.9215
=	33.32 %

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	))
=	138.893	-	31.736	-	( 93.344	-	max(0, 56.51	-	122.053	+	93.344	))
=	41.614

	Invested Capital		(Q: Mar. 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	))
=	139.33	-	27.64	-	( 99.146	-	max(0, 53.265	-	122.726	+	99.146	))
=	42.229

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

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

China United Insurance Service's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Mar. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	20.06	/	( ( (8.796 + max(-3.181, 0))	+	(8.571 + max(-5.845, 0)) )	/	2 )
=	20.06	/	( ( 8.796	+	8.571 )	/	2 )
=	20.06	/	8.6835
=	231.01 %

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)
=	(27.562	+	0	+	1.147)	-	(31.736	+	0.155	+	-0.0010000000000048)
=	-3.181

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(20.746	+	0	+	1.179)	-	(27.64	+	0.131	+	-0.0010000000000048)
=	-5.845

When net working capital is negative, 0 is used.

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

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

China United Insurance Service's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2023 )
	=	20.069	/	-70.208
	=	-28.59 %

China United Insurance Service EBIT Related Terms

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China United Insurance Service (China United Insurance Service) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » China United Insurance Service Inc (OTCPK:CUII) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nan-King East Road, 7th Floor, No. 311, Section 3, Songshan District, Taipei, TWN, 10595

Website

https://www.cuis.asia

China United Insurance Service Inc through its subsidiaries provides insurance brokerage and agency services across the People's Republic of China. The company offers client-specific life insurance products and property and casualty insurance products. It generates most of its revenues from Taiwan followed by the People's Republic of China. Property and Casualty Insurance Products: Law Broker's main property and casualty insurance products are automobile insurance, casualty insurance, and liability insurance. The property and casualty insurance products Law Broker distributes can be further classified into the categories: automobile insurance, casualty insurance, and liability insurance.

Executives

Chuwan Hau Li	director	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Mei-kuan Yeh	officer: Chief Financial Officer	331 SECTION 3, NAN-KING EAST ROAD, 7TH FLOOR, TAIPEI F5 10595
Yung Chi Chuang	officer: Chief Financial Officer	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Lee Shu Fen	director, 10 percent owner	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Mao Yi Hsiao	director, 10 percent owner, officer: Chief Executive Officer	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Hsu Wen Yuan	officer: Chief Marketing Officer	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Hsieh Tung Chi	officer: Chief Operating Officer	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Chen Kuie Chiao	director	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Li Fu Chang	director	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Chiang Te Yun	officer: Chief Technology Officer	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Lo Chung Mei	officer: Former Chief Executive Officer	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000

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