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Tse Sui Luen Jewellery (International) (HKSE:00417) EBIT : HK$-33 Mil (TTM As of Sep. 2023)


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What is Tse Sui Luen Jewellery (International) EBIT?

Tse Sui Luen Jewellery (International)'s earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was HK$-11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tse Sui Luen Jewellery (International)'s annualized ROC % for the quarter that ended in Sep. 2023 was -2.58%. Tse Sui Luen Jewellery (International)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -1.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tse Sui Luen Jewellery (International)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -2.56%.


Tse Sui Luen Jewellery (International) EBIT Historical Data

The historical data trend for Tse Sui Luen Jewellery (International)'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.

Tse Sui Luen Jewellery (International) EBIT Chart

Tse Sui Luen Jewellery (International) Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.18 -2.07 43.81 92.19 13.37

Tse Sui Luen Jewellery (International) Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 46.23 45.97 35.22 -21.85 -11.26

Competitive Comparison of Tse Sui Luen Jewellery (International)'s EBIT

For the Luxury Goods subindustry, Tse Sui Luen Jewellery (International)'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.


Tse Sui Luen Jewellery (International)'s EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tse Sui Luen Jewellery (International)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tse Sui Luen Jewellery (International)'s EV-to-EBIT falls into.



Tse Sui Luen Jewellery (International) 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-33 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.


Tse Sui Luen Jewellery (International)  (HKSE:00417) EBIT Explanation

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

Tse Sui Luen Jewellery (International)'s annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-45.192 * ( 1 - -8.58% )/( (1902.097 + 1898.442)/ 2 )
=-49.0694736/1900.2695
=-2.58 %

where

Invested Capital(Q: Mar. 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))
=2844.218 - 593.839 - ( 348.282 - max(0, 1259.588 - 2347.12+348.282))
=1902.097

Invested Capital(Q: Sep. 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))
=2758.094 - 639.826 - ( 219.826 - max(0, 1342.534 - 2234.053+219.826))
=1898.442

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Tse Sui Luen Jewellery (International)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-22.518/( ( (360.446 + max(1332.866, 0)) + (367.91 + max(1322.118, 0)) )/ 2 )
=-22.518/( ( 1693.312 + 1690.028 )/ 2 )
=-22.518/1691.67
=-1.33 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(78.575 + 1469.77 + 378.36) - (593.839 + 0 + -2.2737367544323E-13)
=1332.866

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(91.838 + 1529.877 + 340.229) - (639.826 + 0 + 0)
=1322.118

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

Tse Sui Luen Jewellery (International)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-33.109/1295.596
=-2.56 %

* 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.


Tse Sui Luen Jewellery (International) EBIT Related Terms

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Tse Sui Luen Jewellery (International) (HKSE:00417) Business Description

Traded in Other Exchanges
N/A
Address
30 Man Yue Street, Ground Floor, Block B, Summit Building, Hunghom, Kowloon, Hong Kong, HKG
Tse Sui Luen Jewellery (International) Ltd is an investment holding company. It is engaged in the manufacture, sale, and marketing of jewelry products as well as the provision of service. The company's operating segment includes Retail Business, Wholesale Business, E-Business, and Other Businesses. It generates maximum revenue from the Retail Business segment which includes direct retail sales of jewellery products to end consumers through the physical outlets. The group derives revenue from the customers in Hong Kong and Macau, Mainland China and other countries.
Executives
Elmas Hong Kong Limited 2301 Trustee
Prime Investments S.a. 2201 Interest of corporation controlled by you
Tse Tat Fung, Tommy 2202 Interest of your spouse
Yau On Yee, Annie 2202 Interest of your spouse
Blink Technology Limited 2201 Interest of corporation controlled by you
Partner Logistics Limited 2101 Beneficial owner
Rosy Blue Jewellery (hk) Limited 2201 Interest of corporation controlled by you
Rosy Blue Overseas Holdings Limited 2201 Interest of corporation controlled by you

Tse Sui Luen Jewellery (International) (HKSE:00417) Headlines

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