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Qingdao Port International Co (HKSE:06198) EBIT : HK$5,627 Mil (TTM As of Dec. 2023)


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What is Qingdao Port International Co EBIT?

Qingdao Port International Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was HK$1,741 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5,627 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Qingdao Port International Co's annualized ROC % for the quarter that ended in Dec. 2023 was 8.69%. Qingdao Port International Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 24.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Qingdao Port International Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.70%.


Qingdao Port International Co EBIT Historical Data

The historical data trend for Qingdao Port International 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.

Qingdao Port International Co EBIT Chart

Qingdao Port International Co 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 5,957.06 6,797.63 7,360.99 7,493.47 7,603.41

Qingdao Port International Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 1,655.10 - 1,875.50 1,740.97 2,010.57

Competitive Comparison of Qingdao Port International Co's EBIT

For the Marine Shipping subindustry, Qingdao Port International 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.


Qingdao Port International Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Qingdao Port International Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Qingdao Port International Co's EV-to-EBIT falls into.



Qingdao Port International 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 quarterly data reported by the company within the most recent 12 months, which was HK$5,627 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.


Qingdao Port International Co  (HKSE:06198) EBIT Explanation

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

Qingdao Port International 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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=5594.624 * ( 1 - 20.11% )/( (51245.804 + 51578.48)/ 2 )
=4469.5451136/51412.142
=8.69 %

where

Invested Capital(Q: Sep. 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))
=64352.28 - 7480.605 - ( 11159.826 - max(0, 9736.163 - 15362.034+11159.826))
=51245.804

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))
=65895.651 - 7494.776 - ( 12241.014 - max(0, 9356.227 - 16178.622+12241.014))
=51578.48

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Qingdao Port International 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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6963.884/( ( (27764.986 + max(-5657.514, 0)) + (28715.786 + max(-5202.613, 0)) )/ 2 )
=6963.884/( ( 27764.986 + 28715.786 )/ 2 )
=6963.884/28240.386
=24.66 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2444.906 + 43.907 + 329.591) - (7480.605 + 0 + 995.313)
=-5657.514

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2135.398 + 56.444 + 481.519) - (7494.776 + 0 + 381.198)
=-5202.613

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Qingdao Port International Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=5627.042/48107.487
=11.70 %

* 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.


Qingdao Port International Co EBIT Related Terms

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Qingdao Port International Co (HKSE:06198) Business Description

Traded in Other Exchanges
Address
No. 12 Jingba Road, Huangdao District, Shangdong Province, Qingdao, CHN, 266011
Qingdao Port International Co Ltd is a Chinese company that acts as an operator of the Port of Qingdao. It provides a range of port-related services including basic port services such as stevedoring and storage services, ancillary and extended services such as logistics and financing-related services. The company has six operating segments; container handling and ancillary services, metal ore, coal, and other cargo handling and ancillary services, liquid bulk handling and ancillary services, logistics and port value-added services, port ancillary services, and financial services. It derives a majority of its revenue from the logistics and port value-added services segment followed by metal ore, coal, and other cargo handling segment and liquid bulk handling and ancillary services segment.
Executives
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Fmr Llc 2201 Interest of corporation controlled by you
China Life Franklin Asset Management Co., Limited 2102 Investment manager
Shan Dong Gang Kou Qing Dao Gang Ji Tuan You Xian Gong Si 2101 Beneficial owner
Shan Dong Sheng Gang Kou Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
China Cosco (hong Kong) Limited 2201 Interest of corporation controlled by you
China Cosco Shipping Corporation Limited 2201 Interest of corporation controlled by you
China Ocean Shipping Co., Ltd. 2201 Interest of corporation controlled by you
Cosco Shipping Holdings Co., Ltd. 2201 Interest of corporation controlled by you
Cosco Shipping Ports Limited 2201 Interest of corporation controlled by you

Qingdao Port International Co (HKSE:06198) Headlines

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