J&T Global Express (HKSE:01519) EBIT : HK$-8,090 Mil (TTM As of Dec. 2023)

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What is J&T Global Express EBIT?

J&T Global Express's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-3,358 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-8,090 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. J&T Global Express's annualized ROC % for the quarter that ended in Dec. 2023 was -5.20%. J&T Global Express's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -51.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. J&T Global Express's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -10.94%.

J&T Global Express EBIT Historical Data

The historical data trend for J&T Global Express'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.

J&T Global Express EBIT Chart

J&T Global Express Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

EBIT

-4,688.37

-46,950.41

13,101.50

-8,076.17

J&T Global Express Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial			-	11,097.55	2,092.61	-4,732.61	-3,357.58

Competitive Comparison of J&T Global Express's EBIT

For the Integrated Freight & Logistics subindustry, J&T Global Express'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.

J&T Global Express's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, J&T Global Express's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where J&T Global Express's EV-to-EBIT falls into.

J&T Global Express 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 HK$-8,090 Mil.

J&T Global Express (HKSE:01519) EBIT Explanation

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

J&T Global Express'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 )
=	-1666.112 * ( 1 - -2.21% )	/	( (32275.493	+	33283.759)	/ 2 )
=	-1702.9330752	/	32779.626
=	-5.20 %

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	))
=	47568.078	-	8816.088	-	( 9436.862	-	max(0, 15043.801	-	21520.298	+	9436.862	))
=	32275.493

	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	))
=	51555.723	-	10051.9	-	( 11973.634	-	max(0, 16281.668	-	24501.732	+	11973.634	))
=	33283.759

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:

J&T Global Express'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 )
=	-6715.162	/	( ( (13135.283 + max(-6513.954, 0))	+	(13134.233 + max(-8095.186, 0)) )	/	2 )
=	-6715.162	/	( ( 13135.283	+	13134.233 )	/	2 )
=	-6715.162	/	13134.758
=	-51.13 %

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)
=	(4876.512	+	171.981	+	754.326)	-	(8816.088	+	0	+	3500.685)
=	-6513.954

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4342.077	+	271.437	+	327.395)	-	(10051.9	+	0	+	2984.195)
=	-8095.186

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:

J&T Global Express's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-8090.186	/	73922.206
	=	-10.94 %

J&T Global Express EBIT Related Terms

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J&T Global Express (HKSE:01519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » J&T Global Express Ltd (HKSE:01519) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1777 Hualong Road, Room 1001, Block A, Tower 5, Huaxinzhen, Qingpu, Shanghai, CHN

Website

https://www.jtexpress.com

J&T Global Express Ltd is a global logistics service provider with the leading express delivery business in Southeast Asia. Its express delivery services span 13 countries, which include the largest and fastest-growing express delivery emerging markets globally. It provides express delivery services to leading e-commerce platforms, enabling the rapid development of its partners as they expand into new markets.

J&T Global Express (HKSE:01519) Headlines

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