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C&D Newin Paper & Pulp (HKSE:00731) EBIT : HK$-108 Mil (TTM As of Dec. 2023)


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What is C&D Newin Paper & Pulp EBIT?

C&D Newin Paper & Pulp's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-15 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-108 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. C&D Newin Paper & Pulp's annualized ROC % for the quarter that ended in Dec. 2023 was -6.23%. C&D Newin Paper & Pulp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -3.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. C&D Newin Paper & Pulp's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -14.08%.


C&D Newin Paper & Pulp EBIT Historical Data

The historical data trend for C&D Newin Paper & Pulp'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&D Newin Paper & Pulp EBIT Chart

C&D Newin Paper & Pulp Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 210.99 -477.79 -1,446.46 479.29 -108.11

C&D Newin Paper & Pulp Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 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 437.35 41.94 -62.39 -92.96 -15.15

Competitive Comparison of C&D Newin Paper & Pulp's EBIT

For the Paper & Paper Products subindustry, C&D Newin Paper & Pulp'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&D Newin Paper & Pulp's EV-to-EBIT Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, C&D Newin Paper & Pulp's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where C&D Newin Paper & Pulp's EV-to-EBIT falls into.



C&D Newin Paper & Pulp 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$-108 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&D Newin Paper & Pulp  (HKSE:00731) EBIT Explanation

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

C&D Newin Paper & Pulp'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 )
=-63.666 * ( 1 - 2.8% )/( (1011.607 + 973.716)/ 2 )
=-61.883352/992.6615
=-6.23 %

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))
=1174.762 - 314.851 - ( 14.89 - max(0, 399.468 - 247.772+14.89))
=1011.607

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))
=1172.94 - 310.752 - ( 27.412 - max(0, 367.998 - 256.47+27.412))
=973.716

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&D Newin Paper & Pulp'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 )
=-30.296/( ( (926.843 + max(-137.284, 0)) + (731.335 + max(-86.212, 0)) )/ 2 )
=-30.296/( ( 926.843 + 731.335 )/ 2 )
=-30.296/829.089
=-3.65 %

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)
=(15.508 + 171.188 + 0) - (314.851 + 0 + 9.129)
=-137.284

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.227 + 192.109 + 21.333) - (310.752 + 0 + 2.129)
=-86.212

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&D Newin Paper & Pulp's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-108.106/767.699
=-14.08 %

* 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&D Newin Paper & Pulp EBIT Related Terms

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C&D Newin Paper & Pulp (HKSE:00731) Business Description

Traded in Other Exchanges
N/A
Address
No. 168–200, Connaught Road Central, Rooms 2306B & 2307, 23rd Floor, West Tower, Shun Tak Centre, Hong Kong, HKG
C&D Newin Paper & Pulp Corp Ltd is engaged in manufacturing, trading, and marketing of paper products, property development as well as leasing of investment properties. It is also engaged in trading of consumable aeronautic parts and providing marine services. The group's customers are mainly based in Hong Kong and the PRC. The company has carried on a single business segment under continuing operations, which is the manufacturing and selling of paper products.
Executives
Sha Men Jian Fa Jiang Zhi Ji Tuan You Xian Gong Si
Sha Men Jian Fa Ji Tuan You Xian Gong Si
Sha Men Jian Fa Gu Fen You Xian Gong Si
Sha Men Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui
Ncd Investment Holding Limited
Hong Kong Paper Sources Co., Limited
Lai Kar Yan (in The Capacity As A Receiver) 2501 Other
Ho Kwok Leung Glen (in The Capacity As A Receiver) 2501 Other
Kam Chung Hang 2501 Other
Strong Determine Limited 2501 Other
Lee Seng Jin 2201 Interest of corporation controlled by you
Sham Yee Lan Peggy 2202 Interest of your spouse
Quinselle Holdings Limited 2101 Beneficial owner
Xsd Investment Holding Limited 2201 Interest of corporation controlled by you
Xsd International Pte. Ltd.

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