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Ocean Line Port Development (HKSE:08502) EBIT : HK$108.1 Mil (TTM As of Dec. 2023)


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What is Ocean Line Port Development EBIT?

Ocean Line Port Development's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was HK$19.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$108.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ocean Line Port Development's annualized ROC % for the quarter that ended in Dec. 2023 was 9.08%. Ocean Line Port Development's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 17.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ocean Line Port Development's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -114.09%.


Ocean Line Port Development EBIT Historical Data

The historical data trend for Ocean Line Port Development'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.

Ocean Line Port Development EBIT Chart

Ocean Line Port Development Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 88.91 89.86 115.48 120.30 107.33

Ocean Line Port Development 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 31.59 30.85 32.53 25.20 19.47

Competitive Comparison of Ocean Line Port Development's EBIT

For the Infrastructure Operations subindustry, Ocean Line Port Development'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.


Ocean Line Port Development's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ocean Line Port Development's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ocean Line Port Development's EV-to-EBIT falls into.



Ocean Line Port Development 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 HK$108.1 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.


Ocean Line Port Development  (HKSE:08502) EBIT Explanation

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

Ocean Line Port Development'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=62.412 * ( 1 - 1.46% )/( (0 + 677.419)/ 1 )
=61.5007848/677.419
=9.08 %

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))
=910.354 - 47.078 - ( 334.898 - max(0, 162.914 - 348.771+334.898))
=677.419

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

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

Ocean Line Port Development'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=77.892/( ( (0 + max(0, 0)) + (437.847 + max(-152.366, 0)) )/ 1 )
=77.892/( ( 0 + 437.847 )/ 1 )
=77.892/437.847
=17.79 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.992 + 2.885 + 2.125) - (47.078 + 0 + 115.29)
=-152.366

When net working capital is negative, 0 is used.

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

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

Ocean Line Port Development's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=108.054/-94.712
=-114.09 %

* 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.


Ocean Line Port Development EBIT Related Terms

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Ocean Line Port Development (HKSE:08502) Business Description

Traded in Other Exchanges
N/A
Address
No.8 Yanjiang Avenue, Chizhou Economic Development Zone, Chizhou, Anhui, CHN
Ocean Line Port Development Ltd is engaged in the provision of port logistic services. Its business includes cargo handling and related supporting port services, including warehousing, short-haul land transportation, and other miscellaneous services. The company provides loading and unloading services for domestic and foreign trade, covering a wide range of cargo types, including bulk cargoes. Geographically, the group provides port services in China, and all its revenues are generated in China.
Executives
Vital Force Developments Limited 2101 Beneficial owner
Cheung Wai Fung 2101 Beneficial owner
Kwai Sze Hoi 2101 Beneficial owner

Ocean Line Port Development (HKSE:08502) Headlines

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