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CSMall Group (HKSE:01815) EBIT : HK$-46.0 Mil (TTM As of Dec. 2023)


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What is CSMall Group EBIT?

CSMall Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-26.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-46.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CSMall Group's annualized ROC % for the quarter that ended in Dec. 2023 was -3.68%. CSMall Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -5.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CSMall Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 458.18%.


CSMall Group EBIT Historical Data

The historical data trend for CSMall 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.

CSMall Group EBIT Chart

CSMall Group 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 34.08 -34.64 10.81 -32.10 -46.01

CSMall Group Semi-Annual Data
Dec14 Dec15 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 -24.28 -18.25 -14.72 -19.08 -26.93

Competitive Comparison of CSMall Group's EBIT

For the Luxury Goods subindustry, CSMall 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.


CSMall Group's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, CSMall Group's EV-to-EBIT distribution charts can be found below:

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



CSMall 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-46.0 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.


CSMall Group  (HKSE:01815) EBIT Explanation

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

CSMall Group'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 )
=-39.216 * ( 1 - -3.05% )/( (1078.268 + 1115.793)/ 2 )
=-40.412088/1097.0305
=-3.68 %

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))
=1859.589 - 245.041 - ( 536.28 - max(0, 373.08 - 1814.923+536.28))
=1078.268

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))
=1735.347 - 160.703 - ( 458.851 - max(0, 279.731 - 1695.751+458.851))
=1115.793

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:

CSMall Group'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 )
=-53.852/( ( (19.968 + max(929.136, 0)) + (15.932 + max(985.252, 0)) )/ 2 )
=-53.852/( ( 949.104 + 1001.184 )/ 2 )
=-53.852/975.144
=-5.52 %

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)
=(20.85 + 1132.485 + 34.18) - (245.041 + 0 + 13.338)
=929.136

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(62.412 + 1072.504 + 23.068) - (160.703 + 0 + 12.029)
=985.252

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-46.006/-10.041
=458.18 %

* 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.


CSMall Group EBIT Related Terms

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CSMall Group (HKSE:01815) Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Beili North Road, 29th Floor Shuibei International, Guangdong Province, Luohu District, Shenzhen, CHN, 518000
CSMall Group Ltd is an investment holding company that operates in the online Jewellery market. The company, along with its subsidiaries, is engaged in the business of design and sale of gold, silver, and other jewelry products. It derives revenue from different sources including Online Sales Channels and Offline Sales and Service networks. The key revenue is derived from Online Sales Channels which comprises a Self-operated online platform and Third-party online sales channels. It has two segments New Jewellery Retail segment and the Fresh Food Retail segment. Its geographical segments are PRC and Hong Kong, of which nearly all of its is generated from the PRC.
Executives
Xue Meiqi 2101 Beneficial owner
Lin Ting 2101 Beneficial owner
China Silver Group Limited 2101 Beneficial owner
Yao Runxiong 2101 Beneficial owner

CSMall Group (HKSE:01815) Headlines

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