China International Marine Containers (Group) Co (SZSE:000039) EBIT : ¥1,616 Mil (TTM As of Mar. 2024)

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What is China International Marine Containers (Group) Co EBIT?

China International Marine Containers (Group) Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥1,008 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,616 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China International Marine Containers (Group) Co's annualized ROC % for the quarter that ended in Mar. 2024 was 1.29%. China International Marine Containers (Group) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China International Marine Containers (Group) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.80%.

China International Marine Containers (Group) Co EBIT Historical Data

The historical data trend for China International Marine Containers (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 International Marine Containers (Group) Co EBIT Chart

China International Marine Containers (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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4,456.51

6,606.81

13,323.80

6,958.25

2,789.85

China International Marine Containers (Group) Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															1,265.60	367.75	1,385.18	-1,144.51	1,007.59

Competitive Comparison of China International Marine Containers (Group) Co's EBIT

For the Metal Fabrication subindustry, China International Marine Containers (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 International Marine Containers (Group) Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China International Marine Containers (Group) Co's EV-to-EBIT distribution charts can be found below:

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

China International Marine Containers (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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,616 Mil.

China International Marine Containers (Group) Co (SZSE:000039) EBIT Explanation

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

China International Marine Containers (Group) Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	3374.592 * ( 1 - 55.84% )	/	( (114579.811	+	117288.959)	/ 2 )
=	1490.2198272	/	115934.385
=	1.29 %

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	))
=	161763.233	-	37728.609	-	( 21662.207	-	max(0, 78985.163	-	88439.976	+	21662.207	))
=	114579.811

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	172291.914	-	37409.122	-	( 28203.088	-	max(0, 80891.61	-	98485.443	+	28203.088	))
=	117288.959

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

China International Marine Containers (Group) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	4030.376	/	( ( (45929.672 + max(-3692.654, 0))	+	(46329.264 + max(-1060.973, 0)) )	/	2 )
=	4030.376	/	( ( 45929.672	+	46329.264 )	/	2 )
=	4030.376	/	46129.468
=	8.74 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(22949.473	+	19200.102	+	11066.454)	-	(37728.609	+	0	+	19180.074)
=	-3692.654

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(23773.212	+	20805.397	+	11647.848)	-	(37409.122	+	0	+	19878.308)
=	-1060.973

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

China International Marine Containers (Group) Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	1616.02	/	57628.469
	=	2.80 %

China International Marine Containers (Group) Co EBIT Related Terms

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China International Marine Containers (Group) Co (SZSE:000039) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China International Marine Containers (Group) Co Ltd (SZSE:000039) » Definitions » EBIT

Comparable Companies

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02039:Hong Kong OCM:Germany

Address

CIMC R&D Centre, 2 Gangwan Avenue, 8th Floor, Shekou, Nanshan Distritct, Guangdong, Shenzhen, CHN, 518067

Website

https://www.cimc.com

China International Marine Containers (Group) Co Ltd is one of China's manufacturers of road transportation vehicles and high-end offshore engineering equipment. It provides a range of containers, trucks, chemical and food equipment, energy products, and airport structures. In addition, the company offers services related to design, engineering, transportation, and energy distribution. The group offers various standard and specialty containers to account for different conditions and take advantage of mass production capabilities. Technical and maintenance services boost revenue and increase contact with customers to gain feedback and observe industry conditions. The company has a world wide distribution network, but the majority of sales derive from Asia.

Executives

Wang Xin Jiu	Securities Affairs Representative
Liu Xue Bin	Executives
Ceng Bei Hua	Executives
Xiong Bo	Supervisors
Xu Min Jie	Director
Yu Ya	Executives
Wu Fa Pei	Executives
Li Rui Ting	Executives

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