New Focus Auto Tech Holdings (HKSE:00360) EBIT : HK$-63.9 Mil (TTM As of Dec. 2023)

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What is New Focus Auto Tech Holdings EBIT?

New Focus Auto Tech Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-73.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-63.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. New Focus Auto Tech Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -16.51%. New Focus Auto Tech Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -34.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. New Focus Auto Tech Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.77%.

New Focus Auto Tech Holdings EBIT Historical Data

The historical data trend for New Focus Auto Tech 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.

New Focus Auto Tech Holdings EBIT Chart

New Focus Auto Tech Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

-160.19

-471.92

-74.55

-14.96

-63.94

New Focus Auto Tech 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															-53.58	-2.82	-12.27	9.96	-73.90

Competitive Comparison of New Focus Auto Tech Holdings's EBIT

For the Auto Parts subindustry, New Focus Auto Tech 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.

New Focus Auto Tech Holdings's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, New Focus Auto Tech Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where New Focus Auto Tech Holdings's EV-to-EBIT falls into.

New Focus Auto Tech 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$-63.9 Mil.

New Focus Auto Tech Holdings (HKSE:00360) EBIT Explanation

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

New Focus Auto Tech 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 )
=	-151.87 * ( 1 - -2.68% )	/	( (681.8	+	1207.098)	/ 2 )
=	-155.940116	/	944.449
=	-16.51 %

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	))
=	1573.306	-	244.541	-	( 684.645	-	max(0, 767.29	-	1414.255	+	684.645	))
=	681.8

	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	))
=	1618.553	-	379.505	-	( 151.951	-	max(0, 743.965	-	775.915	+	151.951	))
=	1207.098

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:

New Focus Auto Tech 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 )
=	-147.798	/	( ( (112.864 + max(-287.8, 0))	+	(615.425 + max(130.509, 0)) )	/	2 )
=	-147.798	/	( ( 112.864	+	745.934 )	/	2 )
=	-147.798	/	429.399
=	-34.42 %

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)
=	(103.304	+	111.922	+	0.0010000000002037)	-	(244.541	+	0	+	258.486)
=	-287.8

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(115.305	+	96.2	+	412.459)	-	(379.505	+	0	+	113.95)
=	130.509

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:

New Focus Auto Tech Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-63.938	/	2304.633
	=	-2.77 %

New Focus Auto Tech Holdings EBIT Related Terms

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New Focus Auto Tech Holdings (HKSE:00360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » New Focus Auto Tech Holdings Ltd (HKSE:00360) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

NWFAF:USA

Address

180 Hennessy Road, 5th Floor, Wan Chai, Hong Kong, HKG

Website

https://www.nfa360.com

New Focus Auto Tech Holdings Ltd is an investment holding company and its subsidiaries are principally engaged in the manufacture and sale of electronic and power-related automotive parts and accessories and operating the 4S dealership stores and related business. Its segments include Manufacturing and trading Business and Automobile Dealership and Service Business. The firm generates a majority of its revenue from the Manufacturing Business segment engaged in the manufacture and sale of automobile accessories. Geographically, the company operates in America, Europe, Asia Pacific, and the People's Republic of China.

Executives

Law Wei	2101 Beneficial owner
Hong Kong Prosper Way Investment Ltd
Lai Xi Shi Guo You Zi Chan Tou Zi Fu Wu Zhong Xin	2201 Interest of corporation controlled by you
Luo Xiaoman	2201 Interest of corporation controlled by you
Wu Han Ling Du Chuang Xin Chuang Ye Tou Zi Guan Li You Xian Gong Si	2102 Investment manager
Zhong Dian Guang Gu Lian He Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Xiang Gang Dao Du Shi Ye You Xian Gong Si	2101 Beneficial owner
Qing Dao Ling Du Chuang Ye Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Qing Dao Guo Rui Chun Xi Shi Ye You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Qing Dao Guo Rui Xin Fu Ke Si Tou Zi Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Qing Dao Guo Rui Heng Da Tou Zi Kai Fa You Xian Gong Si	2201 Interest of corporation controlled by you
Wu Han Ling Du Zi Ben Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Wu Han Guang Gu Lian He Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Chun Xi Zi Chan Guan Li Bei Jing You Xian Gong Si	2201 Interest of corporation controlled by you
Huang Liping	2201 Interest of corporation controlled by you

New Focus Auto Tech Holdings (HKSE:00360) Headlines

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