China Titans Energy Technology Group Co (HKSE:02188) EBIT : HK$-46.2 Mil (TTM As of Dec. 2023)

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What is China Titans Energy Technology Group Co EBIT?

China Titans Energy Technology Group Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-55.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-46.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Titans Energy Technology Group Co's annualized ROC % for the quarter that ended in Dec. 2023 was -3.91%. China Titans Energy Technology Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -23.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Titans Energy Technology Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -11.86%.

China Titans Energy Technology Group Co EBIT Historical Data

The historical data trend for China Titans Energy Technology Group 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.

China Titans Energy Technology Group Co EBIT Chart

China Titans Energy Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-44.71

-23.77

38.85

-12.89

-46.21

China Titans Energy Technology Group Co 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															46.37	-7.39	-5.85	9.66	-55.88

Competitive Comparison of China Titans Energy Technology Group Co's EBIT

For the Electrical Equipment & Parts subindustry, China Titans Energy Technology Group 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.

China Titans Energy Technology Group Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Titans Energy Technology Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Titans Energy Technology Group Co's EV-to-EBIT falls into.

China Titans Energy Technology Group 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 semi-annually data reported by the company within the most recent 12 months, which was HK$-46.2 Mil.

China Titans Energy Technology Group Co (HKSE:02188) EBIT Explanation

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

China Titans Energy Technology Group 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: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-29.794 * ( 1 - 7.45% )	/	( (709.616	+	702.18)	/ 2 )
=	-27.574347	/	705.898
=	-3.91 %

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	))
=	1204.263	-	196.739	-	( 297.908	-	max(0, 353.497	-	942.096	+	297.908	))
=	709.616

	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	))
=	1180.02	-	237.458	-	( 240.382	-	max(0, 431.887	-	933.802	+	240.382	))
=	702.18

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:

China Titans Energy Technology Group 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: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-111.75	/	( ( (181.401 + max(271.328, 0))	+	(172.86 + max(317.561, 0)) )	/	2 )
=	-111.75	/	( ( 452.729	+	490.421 )	/	2 )
=	-111.75	/	471.575
=	-23.70 %

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)
=	(299.614	+	224.839	+	24.087)	-	(196.739	+	0	+	80.473)
=	271.328

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(335.367	+	210.114	+	86.577)	-	(237.458	+	0	+	77.039)
=	317.561

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:

China Titans Energy Technology Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-46.214	/	389.719
	=	-11.86 %

China Titans Energy Technology Group Co EBIT Related Terms

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China Titans Energy Technology Group Co (HKSE:02188) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Titans Energy Technology Group Co Ltd (HKSE:02188) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

No. 60 Shihua Road West, Titans Science and Technology Park, Guangdong Province, Zhuhai, CHN, 519015

Website

https://www.titans.com.cn

China Titans Energy Technology Group Co Ltd is engaged in the supply of power electric products and equipment, the sales and leases of electric vehicles, the provision of charging services for electric vehicles, and construction services of charging poles for electric vehicles under Build-Operate-Transfer (BOT) arrangements. Its reporting segments are DC Power System; Charging Equipment; and Charging Services and Construction. The company generates majority of its revenue from the Charging Equipment segment. Its Charging Equipment segment is engaged in the manufacturing and sales of charging equipment for electric vehicles. Geographically, it operates in the PRC.

Executives

Li Xin Qing	2101 Beneficial owner
Zeng Zhen	2202 Interest of your spouse
An Wei	2101 Beneficial owner
Yan Kai	2202 Interest of your spouse
Li Xiao Bin	2101 Beneficial owner
Zhang Lina	2202 Interest of your spouse
Genius Mind Enterprises Limited
Great Passion International Limited
Honor Boom Investments Limited
Tang Shan Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui	2201 Interest of corporation controlled by you
Lu Chuping	2201 Interest of corporation controlled by you
Zhong Shan Da Yang Dian Ji Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Da Yang Dian Ji Xiang Gang You Xian Gong Si	2101 Beneficial owner

China Titans Energy Technology Group Co (HKSE:02188) Headlines

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