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China Leon Inspection Holding (HKSE:01586) EBIT : HK$163 Mil (TTM As of Dec. 2023)


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What is China Leon Inspection Holding EBIT?

China Leon Inspection Holding's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$79 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$163 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Leon Inspection Holding's annualized ROC % for the quarter that ended in Dec. 2023 was 28.83%. China Leon Inspection Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 45.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Leon Inspection Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 24.26%.

China Leon Inspection Holding EBIT Historical Data

The historical data trend for China Leon Inspection Holding'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 Leon Inspection Holding EBIT Chart

China Leon Inspection Holding 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 59.85 104.18 115.95 141.16 162.68

China Leon Inspection Holding Semi-Annual Data
Dec13 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 53.28 56.72 84.44 83.95 78.73

Competitive Comparison of China Leon Inspection Holding's EBIT

For the Specialty Business Services subindustry, China Leon Inspection Holding'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 Leon Inspection Holding's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Leon Inspection Holding's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Leon Inspection Holding's EV-to-EBIT falls into.


China Leon Inspection Holding 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$163 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 Leon Inspection Holding  (HKSE:01586) EBIT Explanation

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

China Leon Inspection Holding'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 )
=197.31 * ( 1 - 28.6% )/( (483.877 + 493.467)/ 2 )
=140.87934/488.672
=28.83 %

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))
=801.586 - 100.859 - ( 216.85 - max(0, 219.266 - 457.434+216.85))
=483.877

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))
=894.535 - 153.928 - ( 268.175 - max(0, 276.962 - 524.102+268.175))
=493.467

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:

China Leon Inspection Holding'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 )
=157.466/( ( (276.526 + max(53.833, 0)) + (309.883 + max(49.979, 0)) )/ 2 )
=157.466/( ( 330.359 + 359.862 )/ 2 )
=157.466/345.1105
=45.63 %

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)
=(182.067 + 2.423 + 5.6843418860808E-14) - (100.859 + 0 + 29.798)
=53.833

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(208.841 + 2.935 + 0.15999999999997) - (153.928 + 0 + 8.029)
=49.979

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:

China Leon Inspection Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=162.683/670.571
=24.26 %

* 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 Leon Inspection Holding EBIT Related Terms

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China Leon Inspection Holding (HKSE:01586) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Leon Inspection Holding Ltd (HKSE:01586) » Definitions » EBIT
Comparable Companies
HKSE:08391 HKSE:01127 HKSE:00450 HKSE:01975 HKSE:01955 HKSE:01260 HKSE:01540 HKSE:01884 HKSE:00629 HKSE:01650 LSE:REL TSX:TRI CTAS CPRT XAMS:WKL GPN XPAR:SW LSE:RTO ASX:BXB TSX:RBA
Traded in Other Exchanges
N/A
Address
5 Canton Road, Suite 1015, 10th floor, Ocean Centre,, Tsim Sha Tsui, Kowloon, Harbour, HKG
Website
http://www.leontest.com
China Leon Inspection Holding Ltd is a coal testing inspection services provider. Its business scope includes Testing services, Surveying services, Witnessing and Ancillary services, and technical and consulting services. Testing services focus on the quality assurance of coal; Surveying services include a draft survey to determine or verify the coal quantity, and it also provides witnessing services by observing testing and inspection activities conducted by the counterparties of its customers to detect dishonesty or abnormality. It operates in Mainland China, Indonesia, and other countries, from which it generates the majority of its revenue from Mainland China.
Executives
Li Xiangli 2103 Interests held jointly with another person
Wei Yajuan 2202 Interest of your spouse
Zhang Aiying 2103 Interests held jointly with another person
Liu Yi 2101 Beneficial owner
Liu Yi 2103 Interests held jointly with another person
Leon Cornerstone Investment Holding Limited 2101 Beneficial owner
Asian Equity Special Opportunities Portfolio Master Fund Limited 2101 Beneficial owner
Rays Capital Partners Limited 2102 Investment manager
Ruan David Ching Chi 2201 Interest of corporation controlled by you
Liu Yi 2101 Beneficial owner
Swan Stone Investment Holding Limited 2101 Beneficial owner
Hawk Flying Investment Holding Limited 2101 Beneficial owner

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