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China Pacific Insurance (Group) Co (China Pacific Insurance (Group) Co) EBIT : $43,616 Mil (TTM As of Dec. 2023)


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What is China Pacific Insurance (Group) Co EBIT?

China Pacific Insurance (Group) Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $8,988 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $43,616 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Pacific Insurance (Group) Co's annualized ROC % for the quarter that ended in Dec. 2023 was 14.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Pacific Insurance (Group) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 160.43%.


China Pacific Insurance (Group) Co EBIT Historical Data

The historical data trend for China Pacific Insurance (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 Pacific Insurance (Group) Co EBIT Chart

China Pacific Insurance (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 - - - 45,362.68 43,420.35

China Pacific Insurance (Group) Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only 10,558.26 13,232.52 10,762.84 10,632.51 8,987.70

Competitive Comparison of China Pacific Insurance (Group) Co's EBIT

For the Insurance - Life subindustry, China Pacific Insurance (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 Pacific Insurance (Group) Co's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, China Pacific Insurance (Group) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Pacific Insurance (Group) Co's EV-to-EBIT falls into.



China Pacific Insurance (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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $43,616 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 Pacific Insurance (Group) Co  (OTCPK:CHPXF) EBIT Explanation

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

China Pacific Insurance (Group) Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=35950.812 * ( 1 - -27.98% )/( (304399.896 + 321738.72595)/ 2 )
=46009.8491976/313069.310975
=14.70 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=309867.496 - 2165.143 - ( 3856.452 - 5% * 11079.9 )
=304399.896

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=328276.799 - 2611.131 - ( 4405.339 - 5% * 9567.939 )
=321738.72595

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

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=43615.578/27186.575
=160.43 %

* 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 Pacific Insurance (Group) Co EBIT Related Terms

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China Pacific Insurance (Group) Co (China Pacific Insurance (Group) Co) Business Description

Traded in Other Exchanges
Address
1 South Zhongshan Road, Huangpu, Shanghai, CHN, 200010
China Pacific Insurance was established in 1988, with headquarter in Beijing. The company is one of the largest providers of life and general insurance products and services. It is China's third-largest life insurer and third-largest general property and casualty insurer. The company strives for an integrated financial services platform that consists of insurance, banking, and asset management.