GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Guotai Junan International Holdings Ltd (HKSE:01788) » Definitions » EBIT

Guotai Junan International Holdings (HKSE:01788) EBIT : HK$1,587 Mil (TTM As of Dec. 2023)


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

What is Guotai Junan International Holdings EBIT?

Guotai Junan International Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$770 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,587 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guotai Junan International Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 2.55%. Guotai Junan International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 134.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guotai Junan International Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.57%.


Guotai Junan International Holdings EBIT Historical Data

The historical data trend for Guotai Junan International Holdings'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.

Guotai Junan International Holdings EBIT Chart

Guotai Junan International Holdings 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 1,861.38 2,643.57 2,059.52 536.95 1,586.67

Guotai Junan International Holdings 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 584.68 500.91 36.03 816.28 770.39

Competitive Comparison of Guotai Junan International Holdings's EBIT

For the Capital Markets subindustry, Guotai Junan International Holdings'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.


Guotai Junan International Holdings's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Guotai Junan International Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Guotai Junan International Holdings's EV-to-EBIT falls into.



Guotai Junan International Holdings 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$1,587 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.


Guotai Junan International Holdings  (HKSE:01788) EBIT Explanation

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

Guotai Junan International Holdings'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 )
=1792.456 * ( 1 - -5.88% )/( (71210.337 + 77571.526)/ 2 )
=1897.8524128/74390.9315
=2.55 %

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))
=102803.973 - 20832.229 - ( 54326.548 - max(0, 74572.711 - 85334.118+54326.548))
=71210.337

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))
=107535.153 - 18077.743 - ( 59267.42 - max(0, 77926.518 - 89812.402+59267.42))
=77571.526

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:

Guotai Junan International Holdings'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 )
=1540.78/( ( (448.861 + max(-918.17799999999, 0)) + (433.91 + max(1406.185, 0)) )/ 2 )
=1540.78/( ( 448.861 + 1840.095 )/ 2 )
=1540.78/1144.478
=134.63 %

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)
=(8606.453 + 0 + 15039.706) - (20832.229 + 0 + 3732.108)
=-918.17799999999

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8391.475 + 0 + 15550.439) - (18077.743 + 0 + 4457.986)
=1406.185

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:

Guotai Junan International Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1586.673/16577.865
=9.57 %

* 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.


Guotai Junan International Holdings EBIT Related Terms

Thank you for viewing the detailed overview of Guotai Junan International Holdings's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Guotai Junan International Holdings (HKSE:01788) Business Description

Traded in Other Exchanges
N/A
Address
No. 181 Queen’s Road Central, 27th Floor, Low Block, Grand Millennium Plaza, Central, Hong Kong, HKG
Guotai Junan International Holdings Ltd is an investment holding company with its subsidiaries engaged in providing financial services. The company operates in five segments: corporate finance, which provides advisory services, placing & underwriting services of debts and equity securities; institutional investor services segment provides market-making, investments, structured product solutions, lending, and other services; wealth management segment provides financial services and solutions to individual investors & small to medium-sized businesses and institutions; investment management is engaged in asset management and fund management services and also includes investment in funds, debts, and equity securities; and Others segment. The vast majority of its revenue comes from Hong Kong.

Guotai Junan International Holdings (HKSE:01788) Headlines

No Headlines