Fortune Sun (China) Holdings (HKSE:00352) EBIT : HK$-9.87 Mil (TTM As of Dec. 2023)

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What is Fortune Sun (China) Holdings EBIT?

Fortune Sun (China) Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-5.78 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-9.87 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fortune Sun (China) Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -98.36%. Fortune Sun (China) Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -238.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fortune Sun (China) Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -32.26%.

Fortune Sun (China) Holdings EBIT Historical Data

The historical data trend for Fortune Sun (China) 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.

Fortune Sun (China) Holdings EBIT Chart

Fortune Sun (China) Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-18.55

0.08

-3.56

-15.85

-9.87

Fortune Sun (China) 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															-3.77	-4.60	-11.47	-4.09	-5.78

Competitive Comparison of Fortune Sun (China) Holdings's EBIT

For the Real Estate Services subindustry, Fortune Sun (China) 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.

Fortune Sun (China) Holdings's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fortune Sun (China) Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fortune Sun (China) Holdings's EV-to-EBIT falls into.

Fortune Sun (China) 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$-9.87 Mil.

Fortune Sun (China) Holdings (HKSE:00352) EBIT Explanation

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

Fortune Sun (China) 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 )
=	-17.248 * ( 1 - 0% )	/	( (19.505	+	15.566)	/ 2 )
=	-17.248	/	17.5355
=	-98.36 %

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	))
=	35.6	-	5.618	-	( 10.477	-	max(0, 6.154	-	19.989	+	10.477	))
=	19.505

	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	))
=	28.419	-	4.066	-	( 10.402	-	max(0, 5.193	-	13.98	+	10.402	))
=	15.566

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:

Fortune Sun (China) 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 )
=	-11.552	/	( ( (3.341 + max(3.252, 0))	+	(3.114 + max(-1.516, 0)) )	/	2 )
=	-11.552	/	( ( 6.593	+	3.114 )	/	2 )
=	-11.552	/	4.8535
=	-238.01 %

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)
=	(7.908	+	0	+	0.962)	-	(5.618	+	0	+	0)
=	3.252

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.253	+	0	+	0.922)	-	(4.066	+	0	+	0.625)
=	-1.516

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:

Fortune Sun (China) Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-9.866	/	30.582
	=	-32.26 %

Fortune Sun (China) Holdings EBIT Related Terms

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Fortune Sun (China) Holdings (HKSE:00352) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fortune Sun (China) Holdings Ltd (HKSE:00352) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1500 Century Avenue, Unit 901, 9th Floor, Orient Building, Pudong New District, Shanghai, CHN, 200122

Website

http://www.fortune-sun.com

Fortune Sun (China) Holdings Ltd operates as an investment holding company. The firm operates a single business segment which is the provision of property consultancy and sales agency services for the primary property market in China. It specializes in diversified business models, such as real estate leasing, management, administration, sales, development, joint-building, buyout, and underwriting. Its geographical segments are China and Cambodia, of which nearly all of its revenues come from China.

Executives

Double Energy Limited	2101 Beneficial owner
Zhu Kai	2201 Interest of corporation controlled by you
Chang Hsiu Hua	2202 Interest of your spouse
Chiang Chen Feng	2201 Interest of corporation controlled by you
Active Star Investment Limited	2101 Beneficial owner
Lin Chien Ju	2101 Beneficial owner

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