GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kunlun Energy Co Ltd (OTCPK:KUNUF) » Definitions » EBIT

Kunlun Energy Co (Kunlun Energy Co) EBIT : $1,895 Mil (TTM As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Kunlun Energy Co EBIT?

Kunlun Energy Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $886 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $1,895 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kunlun Energy Co's annualized ROC % for the quarter that ended in Dec. 2023 was 7.70%. Kunlun Energy Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 18.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kunlun Energy Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 34.58%.


Kunlun Energy Co EBIT Historical Data

The historical data trend for Kunlun Energy 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.

Kunlun Energy Co EBIT Chart

Kunlun Energy 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 1,128.22 1,348.00 1,783.40 1,762.99 1,898.13

Kunlun Energy Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only 949.24 1,006.39 796.51 1,009.16 885.97

Competitive Comparison of Kunlun Energy Co's EBIT

For the Oil & Gas Refining & Marketing subindustry, Kunlun Energy 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.


Kunlun Energy Co's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kunlun Energy Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kunlun Energy Co's EV-to-EBIT falls into.



Kunlun Energy 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 semi-annually data reported by the company within the most recent 12 months, which was $1,895 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.


Kunlun Energy Co  (OTCPK:KUNUF) EBIT Explanation

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

Kunlun Energy Co'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 )
=1546.736 * ( 1 - 27.37% )/( (14386.851 + 14789.782)/ 2 )
=1123.3943568/14588.3165
=7.70 %

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))
=19344.96 - 2283.213 - ( 5868.685 - max(0, 4675.064 - 7349.96+5868.685))
=14386.851

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))
=20100.137 - 2143.077 - ( 6384.695 - max(0, 4843.422 - 8010.7+6384.695))
=14789.782

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:

Kunlun Energy Co'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 )
=1771.94/( ( (9454.855 + max(-2377.747, 0)) + (9528.024 + max(-2788.717, 0)) )/ 2 )
=1771.94/( ( 9454.855 + 9528.024 )/ 2 )
=1771.94/9491.4395
=18.67 %

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)
=(378.976 + 161.421 + 940.878) - (2283.213 + 0 + 1575.809)
=-2377.747

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(276.883 + 161.76 + 820.846) - (2143.077 + 0 + 1905.129)
=-2788.717

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:

Kunlun Energy Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1895.13/5479.877
=34.58 %

* 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.


Kunlun Energy Co EBIT Related Terms

Thank you for viewing the detailed overview of Kunlun Energy Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Kunlun Energy Co (Kunlun Energy Co) Business Description

Traded in Other Exchanges
Address
118 Connaught Road West, 39th Floor, Hong Kong, HKG
Kunlun Energy Co Ltd is an integrated oil and gas service company. The firm is engaged in multiple activities which include exploration and production operations at its oils fields located internationally, operating natural gas pipeline mainly providing support services to the oil and gas industry, and offers processing and storage facilities of liquified natural gas(LNG), and sale of sale of LNG and liquified petroleum gas across China. The Group is engaged in a broad range of oil and gas related activities and derives its revenue from its four operating segments: Natural Gas Sales, Sales of LPG, LNG Processing and Terminal and Exploration and Production.

Kunlun Energy Co (Kunlun Energy Co) Headlines

From GuruFocus

Matthews China Fund Comments on Kunlun Energy Co Ltd

By Vera Yuan Vera Yuan 04-29-2015

Matthews China Fund Q1 2015 Commentary

By Vera Yuan Vera Yuan 04-29-2015