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Henan Jinma Energy Company (HKSE:06885) EBIT : HK$81 Mil (TTM As of Dec. 2023)


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What is Henan Jinma Energy Company EBIT?

Henan Jinma Energy Company's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$81 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Henan Jinma Energy Company's annualized ROC % for the quarter that ended in Dec. 2023 was -0.45%. Henan Jinma Energy Company's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Henan Jinma Energy Company's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.94%.


Henan Jinma Energy Company EBIT Historical Data

The historical data trend for Henan Jinma Energy Company'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.

Henan Jinma Energy Company EBIT Chart

Henan Jinma Energy Company 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 981.30 895.67 883.41 917.32 81.39

Henan Jinma Energy Company Semi-Annual Data
Dec14 Dec15 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 286.76 782.54 171.82 69.46 11.93

Competitive Comparison of Henan Jinma Energy Company's EBIT

For the Coking Coal subindustry, Henan Jinma Energy Company'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.


Henan Jinma Energy Company's EV-to-EBIT Distribution in the Steel Industry

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

* The bar in red indicates where Henan Jinma Energy Company's EV-to-EBIT falls into.



Henan Jinma Energy Company 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$81 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.


Henan Jinma Energy Company  (HKSE:06885) EBIT Explanation

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

Henan Jinma Energy Company'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 )
=-81.532 * ( 1 - 35.46% )/( (11265.717 + 12370.856)/ 2 )
=-52.6207528/11818.2865
=-0.45 %

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))
=12891.806 - 3209.842 - ( 2290.824 - max(0, 5742.679 - 4158.926+2290.824))
=11265.717

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))
=13710.494 - 3419.961 - ( 2245.757 - max(0, 6330.321 - 4249.998+2245.757))
=12370.856

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:

Henan Jinma Energy Company'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 )
=23.862/( ( (7938.967 + max(-1624.257, 0)) + (8649.564 + max(-1612.165, 0)) )/ 2 )
=23.862/( ( 7938.967 + 8649.564 )/ 2 )
=23.862/8294.2655
=0.29 %

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)
=(279.32 + 475.45 + 980.876) - (3209.842 + 0 + 150.061)
=-1624.257

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(180.889 + 895.766 + 867.656) - (3419.961 + 0 + 136.515)
=-1612.165

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:

Henan Jinma Energy Company's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=81.389/2765.513
=2.94 %

* 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.


Henan Jinma Energy Company EBIT Related Terms

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Henan Jinma Energy Company (HKSE:06885) Business Description

Traded in Other Exchanges
N/A
Address
West First Ring Road South, Henan Province, Jiyuan, CHN, 459000
Henan Jinma Energy Company Ltd operates as a coke producer and processor of coking by-products in the coking chemical industry in Henan province. It operates through the following business segments: Coke Segment is mainly engaged in the manufacture of Coke. The Refined Chemicals Segment is mainly engaged in the manufacture of benzene-based chemicals and coal-tar-based chemicals. Energy Products Segment is mainly engaged in the manufacture of coal gas. The Trading Segment is mainly engaged in the trading of coal and coal mining equipment. It generates maximum revenue from the Coke segment. Geographically, it derives revenue from the PRC.
Executives
Lam Yuk Wai 2202 Interest of your spouse
Yiu Chiu Fai 2101 Beneficial owner
Zheng Jing 2202 Interest of your spouse
Wang Li Jie 2201 Interest of corporation controlled by you
Ji Yuan Shi Jin Ma Xing Ye Tou Zi You Xian Gong Si 2101 Beneficial owner
Bei Jing Fang Da Guo Ji Shi Ye Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Fang Wei 2201 Interest of corporation controlled by you
Jiang Xi Fang Da Gang Tie Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Xi Ping Gang Shi Ye Gu Fen You Xian Gong Si 2101 Beneficial owner
Liao Ning Fang Da Ji Tuan Shi Ye You Xian Gong Si 2201 Interest of corporation controlled by you
Jin Xing Hua Gong Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Jin Ma Jiao Hua Ying Shu Wei Jing Qun Dao You Xian Gong Si 2201 Interest of corporation controlled by you
Jin Ma Neng Yuan Xiang Gang You Xian Gong Si 2101 Beneficial owner
Ma Gang Ji Tuan Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Ma An Shan Gang Tie Gu Fen You Xian Gong Si 2101 Beneficial owner

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