GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Dongjiang Environmental Co Ltd (HKSE:00895) » Definitions » EBIT

Dongjiang Environmental Co (HKSE:00895) EBIT : HK$-807 Mil (TTM As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Dongjiang Environmental Co EBIT?

Dongjiang Environmental Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was HK$-420 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-807 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dongjiang Environmental Co's annualized ROC % for the quarter that ended in Dec. 2023 was -7.47%. Dongjiang Environmental Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -23.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dongjiang Environmental Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -9.07%.


Dongjiang Environmental Co EBIT Historical Data

The historical data trend for Dongjiang Environmental Co'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.

Dongjiang Environmental Co EBIT Chart

Dongjiang Environmental Co 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 756.57 629.03 399.81 -404.30 -767.78

Dongjiang Environmental Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -115.62 -73.91 -159.56 -420.14 -153.05

Competitive Comparison of Dongjiang Environmental Co's EBIT

For the Waste Management subindustry, Dongjiang Environmental Co'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.


Dongjiang Environmental Co's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Dongjiang Environmental Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dongjiang Environmental Co's EV-to-EBIT falls into.



Dongjiang Environmental Co 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 quarterly data reported by the company within the most recent 12 months, which was HK$-807 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.


Dongjiang Environmental Co  (HKSE:00895) EBIT Explanation

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

Dongjiang Environmental Co'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-864.824 * ( 1 - -0.86% )/( (11500.778 + 11852.055)/ 2 )
=-872.2614864/11676.4165
=-7.47 %

where

Invested Capital(Q: Sep. 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))
=13121.237 - 765.974 - ( 1130.924 - max(0, 2948.024 - 3802.509+1130.924))
=11500.778

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))
=13301.99 - 1028.956 - ( 1420.188 - max(0, 3583.298 - 4004.277+1420.188))
=11852.055

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

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

Dongjiang Environmental Co'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1680.564/( ( (5792.812 + max(1387.53, 0)) + (5916.425 + max(1047.897, 0)) )/ 2 )
=-1680.564/( ( 7180.342 + 6964.322 )/ 2 )
=-1680.564/7072.332
=-23.76 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1157.291 + 865.959 + 310.773) - (765.974 + 0 + 180.519)
=1387.53

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1117.785 + 863.894 + 250.193) - (1028.956 + 0 + 155.019)
=1047.897

When net working capital is negative, 0 is used.

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

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

Dongjiang Environmental Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-806.662/8895.076
=-9.07 %

* 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.


Dongjiang Environmental Co EBIT Related Terms

Thank you for viewing the detailed overview of Dongjiang Environmental Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Dongjiang Environmental Co (HKSE:00895) Business Description

Traded in Other Exchanges
Address
No. 9 Langshan Road, 1st Floor, 3rd Floor, North of 8th Floor, 9th-12th Floor, Dongjiang Environmental Building, North Zone of Hi-tech Industrial Park, Nanshan, Shenzhen, CHN
Dongjiang Environmental Co Ltd is an investment holding company principally engaged in waste treatment businesses. It operates in the following segments: Industrial waste recycling; Industrial waste treatment and disposal; Rare and precious metals recycling; Municipal waste treatment and disposal; Renewable energy utilization; Environmental engineering and services and others; as well as Household appliances dismantling.
Executives
Guang Dong Sheng Guang Cheng Zi Chan Jing Ying You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Su Hui Hong Chuang Ye Tou Zi You Xian Gong Si 2101 Beneficial owner
Jiang Su Su Hui Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you

Dongjiang Environmental Co (HKSE:00895) Headlines

No Headlines