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Perennial Energy Holdings (HKSE:02798) EBIT : HK$701 Mil (TTM As of Dec. 2023)


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What is Perennial Energy Holdings EBIT?

Perennial Energy Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$483 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$701 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Perennial Energy Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 20.42%. Perennial Energy Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 29.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Perennial Energy Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 25.06%.


Perennial Energy Holdings EBIT Historical Data

The historical data trend for Perennial Energy 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.

Perennial Energy Holdings EBIT Chart

Perennial Energy Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 348.93 599.36 532.00 987.71 701.38

Perennial Energy Holdings 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 324.17 570.11 444.58 218.34 483.05

Competitive Comparison of Perennial Energy Holdings's EBIT

For the Coking Coal subindustry, Perennial Energy 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.


Perennial Energy Holdings's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Perennial Energy Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Perennial Energy Holdings's EV-to-EBIT falls into.



Perennial Energy 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$701 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.


Perennial Energy Holdings  (HKSE:02798) EBIT Explanation

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

Perennial Energy 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 )
=1113.718 * ( 1 - 16.28% )/( (4768.019 + 4365.945)/ 2 )
=932.4047096/4566.982
=20.42 %

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))
=4756.572 - 621.424 - ( 162.141 - max(0, 2011.066 - 1378.195+162.141))
=4768.019

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))
=4735.239 - 565.799 - ( 142.148 - max(0, 1315.205 - 1118.7+142.148))
=4365.945

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:

Perennial Energy 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 )
=966.092/( ( (3220.069 + max(-391.122, 0)) + (3375.66 + max(-121.382, 0)) )/ 2 )
=966.092/( ( 3220.069 + 3375.66 )/ 2 )
=966.092/3297.8645
=29.29 %

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)
=(166.798 + 56.474 + 8.8219999999999) - (621.424 + 0 + 1.7920000000001)
=-391.122

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(381.159 + 63.258 + 0) - (565.799 + 0 + 0)
=-121.382

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:

Perennial Energy Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=701.384/2798.836
=25.06 %

* 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.


Perennial Energy Holdings EBIT Related Terms

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Perennial Energy Holdings (HKSE:02798) Business Description

Traded in Other Exchanges
Address
Hongguo Economic Development Area, Office Building next to E' Lang Pu Leisure Square, Guizhou Province, Liupanshui, CHN
Perennial Energy Holdings Ltd is a coal mining. The company operates two underground coal mines in the Songshan coalfield in western Panzhou City, Guizhou Province, the People's Republic of China, namely, the Hongguo Mine and the Baogushan Mine. The revenue of the company is derived from the production and sales of coal products including clean coal, middling coal, and sludge coal; and the sale of coalbed methane gas as well as subcontracting income on coal washing services for Bangda in the People's Republic of China.
Executives
Spring Snow Management Limited
Yu Bang Ping
Lucky Street Limited
Qu Liu Mei 2202 Interest of your spouse
Gain Resources Limited
Leung Ka Hung

Perennial Energy Holdings (HKSE:02798) Headlines

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