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CECEP Techand Ecology & Environment Co (SZSE:300197) EBIT : ¥-1,161 Mil (TTM As of Mar. 2024)


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What is CECEP Techand Ecology & Environment Co EBIT?

CECEP Techand Ecology & Environment Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-66 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-1,161 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CECEP Techand Ecology & Environment Co's annualized ROC % for the quarter that ended in Mar. 2024 was -1.65%. CECEP Techand Ecology & Environment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -50.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CECEP Techand Ecology & Environment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -6.09%.


CECEP Techand Ecology & Environment Co EBIT Historical Data

The historical data trend for CECEP Techand Ecology & Environment 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.

CECEP Techand Ecology & Environment Co EBIT Chart

CECEP Techand Ecology & Environment 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 -346.40 771.62 269.59 -256.69 -900.49

CECEP Techand Ecology & Environment 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 194.59 -0.81 -44.38 -1,049.89 -65.67

Competitive Comparison of CECEP Techand Ecology & Environment Co's EBIT

For the Engineering & Construction subindustry, CECEP Techand Ecology & Environment 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.


CECEP Techand Ecology & Environment Co's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, CECEP Techand Ecology & Environment Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CECEP Techand Ecology & Environment Co's EV-to-EBIT falls into.



CECEP Techand Ecology & Environment 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 ¥-1,161 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.


CECEP Techand Ecology & Environment Co  (SZSE:300197) EBIT Explanation

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

CECEP Techand Ecology & Environment 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 )
=-484.128 * ( 1 - 0.79% )/( (29766.38 + 28540.246)/ 2 )
=-480.3033888/29153.313
=-1.65 %

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))
=30382.954 - 6272.808 - ( 2708.453 - max(0, 17119.112 - 11462.878+2708.453))
=29766.38

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))
=29242.679 - 6353.547 - ( 2012.775 - max(0, 16118.94 - 10467.826+2012.775))
=28540.246

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

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

CECEP Techand Ecology & Environment 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 )
=-262.696/( ( (527.447 + max(-4049.132, 0)) + (518.634 + max(-4310.951, 0)) )/ 2 )
=-262.696/( ( 527.447 + 518.634 )/ 2 )
=-262.696/523.0405
=-50.22 %

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)
=(2104.294 + 365.487 + 1181) - (6272.808 + 0 + 1427.105)
=-4049.132

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2104.968 + 361.216 + 1051.012) - (6353.547 + 0 + 1474.6)
=-4310.951

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:

CECEP Techand Ecology & Environment Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-1160.75/19058.889
=-6.09 %

* 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.


CECEP Techand Ecology & Environment Co EBIT Related Terms

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CECEP Techand Ecology & Environment Co (SZSE:300197) Business Description

Traded in Other Exchanges
N/A
Address
No. 2018 Xuegang Road, Bantian Street, Unit 2002, 20th Floor, Block B, Phase 1, Tianan Yungu Industrial Park, Longgang District, Guangdong Province, Shenzhen, CHN, 518040
CECEP Techand Ecology & Environment Co Ltd is engaged in the provision of ecological landscape design, eco-environment protection, ecological ecotourism, ecological e-commerce and life & health. The services and solutions are offered in the fields of water ecological restoration, contaminated soil remediation, mining restoration, slope restoration, environmental protection, and energy conservation as well as resource recycling. Further, it is also involved in the design, reconstruction, development, and operation of ecological tourism resources. Geographically the activities are carried out through China.
Executives
Liu Shui Director
Wang Shu Guang Executives
Yang Feng Yuan Directors, executives
Chen Yang Chun Director
Zhang Heng Director
Ou Yang Xiong Executives
Huang Mei Fang Supervisors, securities affairs representatives
Wei Guo Feng Executives
Zhou Yang Bo Executives
Zheng Yuan Ru Executives

CECEP Techand Ecology & Environment Co (SZSE:300197) Headlines

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