Sichuan Road & Bridge Co (SHSE:600039) EBIT : ¥12,721 Mil (TTM As of Mar. 2024)

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What is Sichuan Road & Bridge Co EBIT?

Sichuan Road & Bridge Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥2,902 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥12,721 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sichuan Road & Bridge Co's annualized ROC % for the quarter that ended in Mar. 2024 was 7.01%. Sichuan Road & Bridge Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 61.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sichuan Road & Bridge Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.18%.

Sichuan Road & Bridge Co EBIT Historical Data

The historical data trend for Sichuan Road & Bridge 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.

Sichuan Road & Bridge Co EBIT Chart

Sichuan Road & Bridge Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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4,062.23

5,918.16

10,609.62

16,271.73

13,774.51

Sichuan Road & Bridge Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															3,955.41	4,184.53	3,316.04	2,318.53	2,902.25

Competitive Comparison of Sichuan Road & Bridge Co's EBIT

For the Engineering & Construction subindustry, Sichuan Road & Bridge 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.

Sichuan Road & Bridge Co's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sichuan Road & Bridge Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sichuan Road & Bridge Co's EV-to-EBIT falls into.

Sichuan Road & Bridge 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥12,721 Mil.

Sichuan Road & Bridge Co (SHSE:600039) EBIT Explanation

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

Sichuan Road & Bridge Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	10963.056 * ( 1 - 17.26% )	/	( (126567.399	+	132325.888)	/ 2 )
=	9070.8325344	/	129446.6435
=	7.01 %

where

	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	))
=	240914.763	-	92608.582	-	( 21738.782	-	max(0, 124302.986	-	146088.323	+	21738.782	))
=	126567.399

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	237190.005	-	83540.382	-	( 21323.735	-	max(0, 113550.037	-	141514.15	+	21323.735	))
=	132325.888

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Sichuan Road & Bridge Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	11609.008	/	( ( (18304.529 + max(-65531.068, 0))	+	(19190.535 + max(-53312.567, 0)) )	/	2 )
=	11609.008	/	( ( 18304.529	+	19190.535 )	/	2 )
=	11609.008	/	18747.532
=	61.92 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(20771.571	+	5386.18	+	19361.533)	-	(92608.582	+	0	+	18441.77)
=	-65531.068

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(20596.949	+	7545.574	+	20432.968)	-	(83540.382	+	0	+	18347.676)
=	-53312.567

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Sichuan Road & Bridge Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	12721.352	/	124974.860
	=	10.18 %

Sichuan Road & Bridge Co EBIT Related Terms

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Sichuan Road & Bridge Co (SHSE:600039) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sichuan Road & Bridge Co Ltd (SHSE:600039) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11 Gao Peng Avenue, No. F-59, Science & Technology Industrial Park, High-Tech Zone, Sichuan Province, Chengdu, CHN, 610041

Website

http://www.scrbc.com.cn

Sichuan Road & Bridge Co Ltd is a China-based company engaged in the investigation, design, construction, conservation, and management of highways.

Executives

Zhu Nian Hong	Director
Feng Qiang Lin	senior management
Zhang Hang Chuan	senior management
Hu Yuan Hua	Director
Li Ji Dong	senior management
Wang Chuan Fu	senior management
Zhang Jian Ming	senior management
Gan Hong	Director
Zhou Yong	senior management
Long Yong	senior management
Yang Ru Gang	Director
Wang Zhong Lin	senior management
Liu De Yong	senior management
Lu Wei	senior management
Guo Xiang Hui	Director

Sichuan Road & Bridge Co (SHSE:600039) Headlines

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