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China Shun Ke Long Holdings (HKSE:00974) EBIT : HK$-25.2 Mil (TTM As of Dec. 2023)


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What is China Shun Ke Long Holdings EBIT?

China Shun Ke Long Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-14.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-25.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Shun Ke Long Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -10.09%. China Shun Ke Long Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -17.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Shun Ke Long Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -6.14%.


China Shun Ke Long Holdings EBIT Historical Data

The historical data trend for China Shun Ke Long 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.

China Shun Ke Long Holdings EBIT Chart

China Shun Ke Long 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 -11.16 -5.65 -33.16 -22.63 -25.21

China Shun Ke Long 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 -25.73 -13.51 -9.75 -11.23 -13.98

Competitive Comparison of China Shun Ke Long Holdings's EBIT

For the Grocery Stores subindustry, China Shun Ke Long 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.


China Shun Ke Long Holdings's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, China Shun Ke Long Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Shun Ke Long Holdings's EV-to-EBIT falls into.



China Shun Ke Long 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$-25.2 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.


China Shun Ke Long Holdings  (HKSE:00974) EBIT Explanation

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

China Shun Ke Long 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 )
=-28.034 * ( 1 - 5.28% )/( (266.306 + 259.858)/ 2 )
=-26.5538048/263.082
=-10.09 %

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))
=383.256 - 82.564 - ( 34.386 - max(0, 162.011 - 237.211+34.386))
=266.306

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))
=399.783 - 86.677 - ( 53.248 - max(0, 186.232 - 256.419+53.248))
=259.858

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:

China Shun Ke Long 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 )
=-27.964/( ( (127.774 + max(7.932, 0)) + (126.112 + max(60.037, 0)) )/ 2 )
=-27.964/( ( 135.706 + 186.149 )/ 2 )
=-27.964/160.9275
=-17.38 %

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)
=(40.115 + 93.847 + 2.8421709430404E-14) - (82.564 + 0 + 43.466)
=7.932

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(40.183 + 85.054 + 63.788) - (86.677 + 0 + 42.311)
=60.037

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:

China Shun Ke Long Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-25.214/410.523
=-6.14 %

* 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.


China Shun Ke Long Holdings EBIT Related Terms

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China Shun Ke Long Holdings (HKSE:00974) Business Description

Traded in Other Exchanges
N/A
Address
No. 60 Hebin North Road, Huale Building, Floor 3, Lecong Town, Shunde District, Guangdong Province, Foshan, CHN, 528315
China Shun Ke Long Holdings Limited is a Hong Kong-based investment holding company principally engaged in the operation of retail outlets. The Company operates through two segments. Retail Outlet Operation segment is engaged in the operation of Shun Ke Long supermarkets and hypermarkets in Guangzhou, Foshan, Zhaoqing, and Zhuhai, among others. This segment also leases out part of its retail outlets to generate rental income. It also sells consumer goods through online shops. The wholesale Distribution segment is engaged in the wholesale distribution of goods. The Company mainly operates businesses in China and Macau.
Executives
Zhong Hua Quan Guo Gong Xiao He Zuo Zong She 2201 Interest of corporation controlled by you
Bei Jing Zhong He Nong Xin Qi Ye Guan Li Zi Xun You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Xin Xin Tuo You Xian Ze Ren Gong Si 2301 Trustee
Guang Da Xing Long Xin Tuo You Xian Ze Ren Gong Si 2301 Trustee
Infini Capital Management 2101 Beneficial owner

China Shun Ke Long Holdings (HKSE:00974) Headlines

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