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Crocodile Garments (HKSE:00122) EBIT : HK$-18.68 Mil (TTM As of Jan. 2024)


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What is Crocodile Garments EBIT?

Crocodile Garments's earnings before interest and taxes (EBIT) for the six months ended in Jan. 2024 was HK$-8.58 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was HK$-18.68 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Crocodile Garments's annualized ROC % for the quarter that ended in Jan. 2024 was -0.44%. Crocodile Garments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -11.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Crocodile Garments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -3.00%.


Crocodile Garments EBIT Historical Data

The historical data trend for Crocodile Garments'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.

Crocodile Garments EBIT Chart

Crocodile Garments Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.97 -272.46 9.60 -67.28 -73.09

Crocodile Garments Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 5.90 -73.19 -62.98 -10.11 -8.58

Competitive Comparison of Crocodile Garments's EBIT

For the Apparel Manufacturing subindustry, Crocodile Garments'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.


Crocodile Garments's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Crocodile Garments's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Crocodile Garments's EV-to-EBIT falls into.



Crocodile Garments 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-18.68 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.


Crocodile Garments  (HKSE:00122) EBIT Explanation

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

Crocodile Garments's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-22.816 * ( 1 - 57.98% )/( (2178.828 + 2177.448)/ 2 )
=-9.5872832/2178.138
=-0.44 %

where

Invested Capital(Q: Jul. 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))
=2343.864 - 50.384 - ( 351.295 - max(0, 272.549 - 387.201+351.295))
=2178.828

Invested Capital(Q: Jan. 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))
=2307.083 - 34.494 - ( 312.546 - max(0, 253.594 - 348.735+312.546))
=2177.448

Note: The Operating Income data used here is two times the semi-annual (Jan. 2024) data.

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

Crocodile Garments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-17.156/( ( (140.797 + max(-28.746, 0)) + (150.218 + max(-4.131, 0)) )/ 2 )
=-17.156/( ( 140.797 + 150.218 )/ 2 )
=-17.156/145.5075
=-11.79 %

where Working Capital is:

Working Capital(Q: Jul. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.107 + 14.537 + 13.559) - (50.384 + 0 + 8.565)
=-28.746

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.662 + 18.507 + 9.931) - (34.494 + 0 + 1.737)
=-4.131

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jan. 2024) EBIT data.

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

Crocodile Garments's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-18.684/622.020
=-3.00 %

* 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.


Crocodile Garments EBIT Related Terms

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Crocodile Garments (HKSE:00122) Business Description

Traded in Other Exchanges
N/A
Address
25th Floor, 79 Hoi Yuen Road, Crocodile Center, Kwun Tong, Kowloon, Hong Kong, HKG
Crocodile Garments Ltd is a Hong Kong-based company engaged in the sale of garments. The firm operates in three reportable segments including Garment and related accessories business, Property investment and letting business and Treasury management. Its products include men's, women's children's clothing, ties, underwear, bags and wallets, belts and shoes. The company generates the majority of the revenue from property investment and letting business.
Executives
Lam Howard 2201 Interest of corporation controlled by you
Lam Wai Shan, Vanessa 2101 Beneficial owner
Honorman Limited 2201 Interest of corporation controlled by you
Rich Promise Limited 2101 Beneficial owner
Lam Kin Ming 2101 Beneficial owner

Crocodile Garments (HKSE:00122) Headlines

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