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Computer And Technologies Holdings (HKSE:00046) EBIT : HK$38.3 Mil (TTM As of Dec. 2023)


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What is Computer And Technologies Holdings EBIT?

Computer And Technologies Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$18.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$38.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Computer And Technologies Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 9.36%. Computer And Technologies Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 322.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Computer And Technologies Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.62%.


Computer And Technologies Holdings EBIT Historical Data

The historical data trend for Computer And Technologies Holdings'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.

Computer And Technologies Holdings EBIT Chart

Computer And Technologies Holdings 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 61.30 62.80 57.87 51.83 38.25

Computer And Technologies Holdings 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 35.47 25.18 26.65 20.05 18.20

Competitive Comparison of Computer And Technologies Holdings's EBIT

For the Information Technology Services subindustry, Computer And Technologies Holdings'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.


Computer And Technologies Holdings's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Computer And Technologies Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Computer And Technologies Holdings's EV-to-EBIT falls into.



Computer And Technologies Holdings 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$38.3 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.


Computer And Technologies Holdings  (HKSE:00046) EBIT Explanation

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

Computer And Technologies Holdings'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 )
=37.184 * ( 1 - 14.99% )/( (342.656 + 332.498)/ 2 )
=31.6101184/337.577
=9.36 %

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))
=659.181 - 51.858 - ( 302.317 - max(0, 132.326 - 396.993+302.317))
=342.656

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))
=654.508 - 50.657 - ( 318.351 - max(0, 136.535 - 407.888+318.351))
=332.498

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:

Computer And Technologies Holdings'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 )
=36.404/( ( (13.594 + max(-86.029, 0)) + (9.017 + max(-70.069, 0)) )/ 2 )
=36.404/( ( 13.594 + 9.017 )/ 2 )
=36.404/11.3055
=322.00 %

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)
=(30.893 + 0.016 + 6.929) - (51.858 + 0 + 72.009)
=-86.029

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.705 + 0.014 + 23.48) - (50.657 + 0 + 79.611)
=-70.069

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:

Computer And Technologies Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=38.252/244.917
=15.62 %

* 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.


Computer And Technologies Holdings EBIT Related Terms

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Computer And Technologies Holdings (HKSE:00046) Business Description

Traded in Other Exchanges
Address
100 Cyberport Road, Level 10, Cyberport 2, Hong Kong, HKG
Computer And Technologies Holdings Ltd provides software products. It operates in three segments, the Application Services segment; the Integration and Solutions services segment; and the investments segment. It generates majority of the revenue from the Application Services segment that engages in the provision of enterprise applications software and e-business services for enterprises including the provision of enterprise applications software with implementation and ongoing support services; and the GETS, cloud services and other related value-added services. Geographical revenue is derived from Hong Kong and other countries.
Executives
Ng Cheung Shing 2101 Beneficial owner
Webb David Michael 2201 Interest of corporation controlled by you

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