GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yuexiu Transport Infrastructure Ltd (HKSE:01052) » Definitions » EBIT

Yuexiu Transport Infrastructure (HKSE:01052) EBIT : HK$2,293 Mil (TTM As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Yuexiu Transport Infrastructure EBIT?

Yuexiu Transport Infrastructure's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$1,082 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2,293 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yuexiu Transport Infrastructure's annualized ROC % for the quarter that ended in Dec. 2023 was 3.27%. Yuexiu Transport Infrastructure's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4,124.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Yuexiu Transport Infrastructure's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.04%.


Yuexiu Transport Infrastructure EBIT Historical Data

The historical data trend for Yuexiu Transport Infrastructure'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.

Yuexiu Transport Infrastructure EBIT Chart

Yuexiu Transport Infrastructure 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 2,554.04 1,733.31 3,600.39 1,865.99 2,293.18

Yuexiu Transport Infrastructure 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 2,111.72 1,094.14 823.64 1,211.41 1,081.77

Competitive Comparison of Yuexiu Transport Infrastructure's EBIT

For the Infrastructure Operations subindustry, Yuexiu Transport Infrastructure'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.


Yuexiu Transport Infrastructure's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Yuexiu Transport Infrastructure's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Yuexiu Transport Infrastructure's EV-to-EBIT falls into.



Yuexiu Transport Infrastructure 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$2,293 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.


Yuexiu Transport Infrastructure  (HKSE:01052) EBIT Explanation

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

Yuexiu Transport Infrastructure'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 )
=2075.664 * ( 1 - 29.05% )/( (45241.538 + 44885.093)/ 2 )
=1472.683608/45063.3155
=3.27 %

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))
=38938.357 - 708.808 - ( 1932.395 - max(0, 9282.934 - 2270.945+1932.395))
=45241.538

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))
=39925.618 - 728.167 - ( 2604.052 - max(0, 8569.264 - 2881.622+2604.052))
=44885.093

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:

Yuexiu Transport Infrastructure'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 )
=2163.534/( ( (54.219 + max(-848.447, 0)) + (50.692 + max(-1204.548, 0)) )/ 2 )
=2163.534/( ( 54.219 + 50.692 )/ 2 )
=2163.534/52.4555
=4,124.51 %

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)
=(208.589 + 0 + 0) - (708.808 + 0 + 348.228)
=-848.447

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(122.929 + 0 + 0.00099999999974898) - (728.167 + 0 + 599.311)
=-1204.548

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:

Yuexiu Transport Infrastructure's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=2293.177/22829.214
=10.04 %

* 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.


Yuexiu Transport Infrastructure EBIT Related Terms

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


Yuexiu Transport Infrastructure (HKSE:01052) Business Description

Traded in Other Exchanges
Address
160 Lockhart Road, Room A, 17th Floor, Yuexiu Building, Wanchai, Hong Kong, HKG
Yuexiu Transport Infrastructure Ltd is an infrastructure company focused on toll roads and bridges. The company organizes itself into two segments: toll-road operations and all other segments. The toll-road operations segment, which generates the vast majority of revenue, invests in, manages, and operates toll roads and bridges. The company is headquartered in Hong Kong, but principally generates revenue from toll-road operations in the People's Republic of China, significantly in the Guangdong Province.
Executives
Zhao Shang Ju Gong Lu Wang Luo Ke Ji Kong Gu Gu Fen You Xian Gong Si 2101 Beneficial owner
Matthews International Capital Management, Llc 2102 Investment manager
Yue Xiu Enterprises (holdings) Limited 2201 Interest of corporation controlled by you
Grace Lord Group Limited 2101 Beneficial owner
Guang Zhou Yue Xiu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

Yuexiu Transport Infrastructure (HKSE:01052) Headlines

No Headlines