Sinosoft Technology Group (HKSE:01297) EBIT : HK$-235.4 Mil (TTM As of Jun. 2023)

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What is Sinosoft Technology Group EBIT?

Sinosoft Technology Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was HK$-68.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-235.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sinosoft Technology Group's annualized ROC % for the quarter that ended in Jun. 2023 was -5.45%. Sinosoft Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -9.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sinosoft Technology Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -90.35%.

Sinosoft Technology Group EBIT Historical Data

The historical data trend for Sinosoft Technology Group'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.

Sinosoft Technology Group EBIT Chart

Sinosoft Technology Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

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311.91

272.07

626.88

24.12

-157.10

Sinosoft Technology Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
EBIT	Get a 7-Day Free Trial															-34.65	59.25	10.64	-167.24	-68.13

Competitive Comparison of Sinosoft Technology Group's EBIT

For the Software - Application subindustry, Sinosoft Technology Group'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.

Sinosoft Technology Group's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Sinosoft Technology Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sinosoft Technology Group's EV-to-EBIT falls into.

Sinosoft Technology Group 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-235.4 Mil.

Sinosoft Technology Group (HKSE:01297) EBIT Explanation

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

Sinosoft Technology Group's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-111.432 * ( 1 - 6.87% )	/	( (1950.42	+	1855.077)	/ 2 )
=	-103.7766216	/	1902.7485
=	-5.45 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	2366.514	-	205.78	-	( 210.314	-	max(0, 263.751	-	1778.764	+	210.314	))
=	1950.42

	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	))
=	2262.773	-	174.055	-	( 233.641	-	max(0, 272.834	-	1707.689	+	233.641	))
=	1855.077

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

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

Sinosoft Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-136.258	/	( ( (103.365 + max(1336.483, 0))	+	(97.812 + max(1281.187, 0)) )	/	2 )
=	-136.258	/	( ( 1439.848	+	1378.999 )	/	2 )
=	-136.258	/	1409.4235
=	-9.67 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1373.583	+	2.916	+	167.899)	-	(205.78	+	0	+	2.135)
=	1336.483

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1278.003	+	2.136	+	176.231)	-	(174.055	+	0	+	1.128)
=	1281.187

When net working capital is negative, 0 is used.

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

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

Sinosoft Technology Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	-235.368	/	260.507
	=	-90.35 %

Sinosoft Technology Group EBIT Related Terms

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Sinosoft Technology Group (HKSE:01297) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sinosoft Technology Group Ltd (HKSE:01297) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 26 Tianpu Road, Jiangpu Street, Pukou District, Jiangsu, Nanjing City, CHN

Website

https://www.sinosoft-technology.com

Sinosoft Technology Group Ltd is a Hong Kong-based provider of application software products and solutions. The firm's operations are organized in two segments: Government big data software and related services, Low carbon & ecology software and related services.

Executives

Xin Yingmei	2201 Interest of corporation controlled by you
Long Capital International Limited	2101 Beneficial owner
Telewise Group Limited	2101 Beneficial owner

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