GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » TIL Enviro Ltd (HKSE:01790) » Definitions » EBIT

TIL Enviro (HKSE:01790) EBIT : HK$123.8 Mil (TTM As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is TIL Enviro EBIT?

TIL Enviro's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$59.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$123.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TIL Enviro's annualized ROC % for the quarter that ended in Dec. 2023 was 2.75%. TIL Enviro's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 44.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TIL Enviro's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.46%.


TIL Enviro EBIT Historical Data

The historical data trend for TIL Enviro'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.

TIL Enviro EBIT Chart

TIL Enviro Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 177.95 199.06 196.73 125.89 123.79

TIL Enviro Semi-Annual Data
Dec15 Dec16 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 105.91 64.24 61.65 63.88 59.92

Competitive Comparison of TIL Enviro's EBIT

For the Waste Management subindustry, TIL Enviro'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.


TIL Enviro's EV-to-EBIT Distribution in the Waste Management Industry

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

* The bar in red indicates where TIL Enviro's EV-to-EBIT falls into.



TIL Enviro 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$123.8 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.


TIL Enviro  (HKSE:01790) EBIT Explanation

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

TIL Enviro'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 )
=71.714 * ( 1 - 21.1% )/( (2000.603 + 2108.797)/ 2 )
=56.582346/2054.7
=2.75 %

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))
=2187.014 - 45.858 - ( 140.553 - max(0, 297.595 - 1116.12+140.553))
=2000.603

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))
=2241.275 - 42.507 - ( 89.971 - max(0, 304.951 - 914.781+89.971))
=2108.797

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:

TIL Enviro'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 )
=119.83/( ( (1.888 + max(229.221, 0)) + (1.917 + max(305.468, 0)) )/ 2 )
=119.83/( ( 231.109 + 307.385 )/ 2 )
=119.83/269.247
=44.51 %

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)
=(272.002 + 1.218 + 1.8589999999999) - (45.858 + 0 + 5.6843418860808E-14)
=229.221

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(343.111 + 1.821 + 3.0429999999999) - (42.507 + 0 + 0)
=305.468

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:

TIL Enviro's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=123.79/1183.774
=10.46 %

* 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.


TIL Enviro EBIT Related Terms

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


TIL Enviro (HKSE:01790) Business Description

Traded in Other Exchanges
N/A
Address
No. 233 Tianhe North Road, Unit 08, Level 61, CITIC Plaza, Tianhe District, Guangdong Province, Guangzhou, CHN, 510613
TIL Enviro Ltd is a wastewater treatment service provider operating and managing wastewater treatment facilities. The company's business divisions include Wastewater treatment operation services, Recycle water supply operation services, Wastewater treatment construction services, and Finance income from service concession arrangement. Geographically, it generates a majority of its revenue from the People's Republic of China.
Executives
Cheong Sze Theng 2202 Interest of your spouse
Lee Li-may 2202 Interest of your spouse
Lgb (malaysia) Sdn. Bhd. 2201 Interest of corporation controlled by you
Lgb Group (hk) Limited 2201 Interest of corporation controlled by you
Lim Chee Meng 2103 Interests held jointly with another person
Lim Chin Sean 2103 Interests held jointly with another person
Sparkle Century Group Limited 2101 Beneficial owner

TIL Enviro (HKSE:01790) Headlines

No Headlines