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Shunfeng International Clean Energy (HKSE:01165) EBIT : HK$-74.7 Mil (TTM As of Dec. 2023)


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What is Shunfeng International Clean Energy EBIT?

Shunfeng International Clean Energy's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$18.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-74.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shunfeng International Clean Energy's annualized ROC % for the quarter that ended in Dec. 2023 was 0.35%. Shunfeng International Clean Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shunfeng International Clean Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.09%.


Shunfeng International Clean Energy EBIT Historical Data

The historical data trend for Shunfeng International Clean 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.

Shunfeng International Clean Energy EBIT Chart

Shunfeng International Clean 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 -932.43 217.42 -268.50 287.01 -74.65

Shunfeng International Clean 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 -477.42 29.19 259.20 -93.54 18.88

Competitive Comparison of Shunfeng International Clean Energy's EBIT

For the Utilities - Renewable subindustry, Shunfeng International Clean 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.


Shunfeng International Clean Energy's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

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

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



Shunfeng International Clean 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$-74.7 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.


Shunfeng International Clean Energy  (HKSE:01165) EBIT Explanation

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

Shunfeng International Clean 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 )
=15.946 * ( 1 - -1.88% )/( (4887.687 + 4328.768)/ 2 )
=16.2457848/4608.2275
=0.35 %

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))
=3683.546 - 1078.271 - ( 155.891 - max(0, 4486.507 - 2204.095+155.891))
=4887.687

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))
=3554.387 - 1162.244 - ( 106.584 - max(0, 4142.415 - 2205.79+106.584))
=4328.768

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:

Shunfeng International Clean 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 )
=37.768/( ( (1282.028 + max(-105.747, 0)) + (1234.068 + max(-985.258, 0)) )/ 2 )
=37.768/( ( 1282.028 + 1234.068 )/ 2 )
=37.768/1258.048
=3.00 %

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)
=(843.543 + 0 + 143.22) - (1078.271 + 0 + 14.239)
=-105.747

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(37.048 + 0 + 152.976) - (1162.244 + 0 + 13.038)
=-985.258

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-74.652/3580.287
=-2.09 %

* 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.


Shunfeng International Clean Energy EBIT Related Terms

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Shunfeng International Clean Energy (HKSE:01165) Business Description

Traded in Other Exchanges
Address
Number 26 Harbour Road, Rooms 3803-05, 38/F, China Resources Building, Wan Chai, HKG
Shunfeng International Clean Energy Ltd is a diversified integrated provider of clean energies and low-carbon and energy-saving solutions. It operates in a single segment namely solar power generation. Geographically, it generates the majority of revenue from Mainland China.
Executives
Gardner Aaron Luke (in The Capacity As The Receiver) 2201 Interest of corporation controlled by you
Fok Hei Yu (in The Capacity As The Receiver) 2201 Interest of corporation controlled by you
Faithsmart Limited 2201 Interest of corporation controlled by you
Cheng Kin Ming 2201 Interest of corporation controlled by you
Bank Of Communications Co., Ltd. 2106 Person having a security interest in shares
Bocom International Holdings Company Limited 2106 Person having a security interest in shares
Tang Guoqiang 2201 Interest of corporation controlled by you
Asia Pacific Resources Development Investment Limited 2201 Interest of corporation controlled by you
Peace Link Services Limited 2201 Interest of corporation controlled by you

Shunfeng International Clean Energy (HKSE:01165) Headlines

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