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Puxing Energy (HKSE:00090) EBIT : HK$156.8 Mil (TTM As of Dec. 2023)


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What is Puxing Energy EBIT?

Puxing Energy's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$82.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$156.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Puxing Energy's annualized ROC % for the quarter that ended in Dec. 2023 was 4.71%. Puxing Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Puxing Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.63%.


Puxing Energy EBIT Historical Data

The historical data trend for Puxing Energy'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.

Puxing Energy EBIT Chart

Puxing Energy 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 218.26 256.76 254.61 133.20 156.83

Puxing Energy 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 114.76 86.61 50.69 73.95 82.88

Competitive Comparison of Puxing Energy's EBIT

For the Utilities - Renewable subindustry, Puxing Energy'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.


Puxing Energy's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Puxing Energy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Puxing Energy's EV-to-EBIT falls into.



Puxing Energy 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$156.8 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.


Puxing Energy  (HKSE:00090) EBIT Explanation

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

Puxing Energy'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 )
=159.774 * ( 1 - 33.55% )/( (2350.686 + 2154.575)/ 2 )
=106.169823/2252.6305
=4.71 %

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))
=1959.336 - 159.764 - ( 154.525 - max(0, 857.458 - 306.344+154.525))
=2350.686

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))
=1891.832 - 48.983 - ( 142.978 - max(0, 586.562 - 274.836+142.978))
=2154.575

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:

Puxing Energy'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 )
=165.766/( ( (1630.62 + max(-12.271, 0)) + (1584.846 + max(75.166, 0)) )/ 2 )
=165.766/( ( 1630.62 + 1660.012 )/ 2 )
=165.766/1645.316
=10.08 %

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)
=(72.852 + 64.079 + 14.091) - (159.764 + 0 + 3.529)
=-12.271

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(50.408 + 63.948 + 14.114) - (48.983 + 0 + 4.321)
=75.166

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:

Puxing Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=156.832/943.162
=16.63 %

* 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.


Puxing Energy EBIT Related Terms

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Puxing Energy (HKSE:00090) Business Description

Traded in Other Exchanges
N/A
Address
No. 181-1 Hejiatang, Chongxian Subdistrict, Linping District, Zhejiang Province, Hangzhou, CHN, 311108
Puxing Energy Ltd is a provider of clean energy. The company is engaged in the development, operation, and management of natural gas-fired power plants. It owns five natural gas-fired power plants located in Zhejiang province with an aggregate installed capacity of 687.73MW with a maximum heating capacity per hour of 360 tons.
Executives
Anergy International Limited 2201 Interest of corporation controlled by you
Li Li 2202 Interest of your spouse
Lu Weiding 2201 Interest of corporation controlled by you
Puxing International Limited
Wan Xiang Ji Tuan Gong Si 2201 Interest of corporation controlled by you
Bc Capital Group Limited 2201 Interest of corporation controlled by you
Bc Greater China Opportunities Fund Spc - Bc New Energy Fund Sp 2101 Beneficial owner

Puxing Energy (HKSE:00090) Headlines

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