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China Merchants Port Group Co (SZSE:001872) EBIT : ¥11,147 Mil (TTM As of Mar. 2024)


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What is China Merchants Port Group Co EBIT?

China Merchants Port Group Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥3,024 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥11,147 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Merchants Port Group Co's annualized ROC % for the quarter that ended in Mar. 2024 was 2.07%. China Merchants Port Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 29.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Merchants Port Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.67%.


China Merchants Port Group Co EBIT Historical Data

The historical data trend for China Merchants Port 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 Merchants Port Group Co EBIT Chart

China Merchants Port Group 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 12,790.46 8,676.51 9,108.86 11,274.08 10,770.23

China Merchants Port Group 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 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 2,647.21 2,140.19 4,384.91 1,597.92 3,023.76

Competitive Comparison of China Merchants Port Group Co's EBIT

For the Marine Shipping subindustry, China Merchants Port 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 Merchants Port Group Co's EV-to-EBIT Distribution in the Transportation Industry

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

* The bar in red indicates where China Merchants Port Group Co's EV-to-EBIT falls into.



China Merchants Port 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥11,147 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.


China Merchants Port Group Co  (SZSE:001872) EBIT Explanation

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

China Merchants Port Group 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 )
=4784.024 * ( 1 - 13.97% )/( (199908.848 + 197533.859)/ 2 )
=4115.6958472/198721.3535
=2.07 %

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))
=198557.297 - 4260.867 - ( 20648.452 - max(0, 29095.626 - 23483.208+20648.452))
=199908.848

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))
=198638.385 - 4072.988 - ( 20156.358 - max(0, 26481.721 - 23513.259+20156.358))
=197533.859

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

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

China Merchants Port Group 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 )
=12095.036/( ( (41338.024 + max(-4996.587, 0)) + (40966.063 + max(-2161.299, 0)) )/ 2 )
=12095.036/( ( 41338.024 + 40966.063 )/ 2 )
=12095.036/41152.0435
=29.39 %

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)
=(1103.901 + 218.898 + 244.79) - (4260.867 + 0 + 2303.309)
=-4996.587

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1671.218 + 242.142 + 263.688) - (4072.988 + 0 + 265.359)
=-2161.299

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:

China Merchants Port Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=11146.778/81566.080
=13.67 %

* 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.


China Merchants Port Group Co EBIT Related Terms

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China Merchants Port Group Co (SZSE:001872) Business Description

Traded in Other Exchanges
Address
1 Gongye 3rd Road, Zhaoshang Street, 23-25 Floor, China Merchants Port Plaza, Nanshan District, Shenzhen, CHN, 518067
China Merchants Port Group Co Ltd is engaged in port operations, ancillary port-related services, and bonded logistics operations. The operating segments of the company are; Port operations; Containers providing ship berthing, loading, and unloading services, and offer container storage services, and Bulk cargoes: the Company is engaged in bulk cargo handling and transportation in port zones and storage services in yards, The ancillary port-related services include smart port solutions, smart port technology operation, and other port information technology businesses, and Bonded logistics operations include services like a warehouse, yard leasing, loading and unloading in warehouses/yards, customs clearance and division or merger of cargoes at terminals.

China Merchants Port Group Co (SZSE:001872) Headlines

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