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EuroEyes International Eye Clinic (HKSE:01846) EBIT : HK$200.3 Mil (TTM As of Dec. 2023)


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What is EuroEyes International Eye Clinic EBIT?

EuroEyes International Eye Clinic's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$103.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$200.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EuroEyes International Eye Clinic's annualized ROC % for the quarter that ended in Dec. 2023 was 10.68%. EuroEyes International Eye Clinic's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 35.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EuroEyes International Eye Clinic's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.04%.


EuroEyes International Eye Clinic EBIT Historical Data

The historical data trend for EuroEyes International Eye Clinic'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.

EuroEyes International Eye Clinic EBIT Chart

EuroEyes International Eye Clinic Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 28.70 105.65 203.16 136.10 200.31

EuroEyes International Eye Clinic Semi-Annual Data
Dec16 Dec17 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 103.36 73.91 62.19 96.49 103.82

Competitive Comparison of EuroEyes International Eye Clinic's EBIT

For the Medical Care Facilities subindustry, EuroEyes International Eye Clinic'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.


EuroEyes International Eye Clinic's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EuroEyes International Eye Clinic's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where EuroEyes International Eye Clinic's EV-to-EBIT falls into.



EuroEyes International Eye Clinic 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$200.3 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.


EuroEyes International Eye Clinic  (HKSE:01846) EBIT Explanation

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

EuroEyes International Eye Clinic'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 )
=159.478 * ( 1 - 33.53% )/( (929.463 + 1055.191)/ 2 )
=106.0050266/992.327
=10.68 %

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))
=1670.185 - 55.406 - ( 782.621 - max(0, 162.245 - 847.561+782.621))
=929.463

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))
=1753.598 - 80.991 - ( 720.216 - max(0, 170.466 - 787.882+720.216))
=1055.191

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:

EuroEyes International Eye Clinic'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 )
=207.646/( ( (559.091 + max(-58.466, 0)) + (622.226 + max(-64.528, 0)) )/ 2 )
=207.646/( ( 559.091 + 622.226 )/ 2 )
=207.646/590.6585
=35.16 %

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)
=(9.492 + 15.934 + 14.549) - (55.406 + 0 + 43.035)
=-58.466

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.877 + 16.166 + 12.153) - (80.991 + 0 + 18.733)
=-64.528

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:

EuroEyes International Eye Clinic's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=200.313/1332.075
=15.04 %

* 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.


EuroEyes International Eye Clinic EBIT Related Terms

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EuroEyes International Eye Clinic (HKSE:01846) Business Description

Traded in Other Exchanges
N/A
Address
Valentinskamp 90, Hamburg, DEU, 20355
EuroEyes International Eye Clinic Ltd is a laser eye surgery clinic. The firm's operating segments are the Provision of vision correction services, sales of pharmaceutical products, and Rental of ophthalmic equipment and operating spaces, Rendering of training service and Interest income. Its geographical segments are Germany, China, Denmark and UK. The Group's services include treatment of myopia, treatment of high myopia, treatment of presbyopia, and treatment of cataracts. The company generates a majority of its revenue from the provision of correction services in Germany.
Executives
Jørgensen Jørn Slot 2101 Beneficial owner
Jørgensen Susanne 2202 Interest of your spouse
Jørgensen Jørn Slot 2101 Beneficial owner
Jørgensen Susanne 2202 Interest of your spouse

EuroEyes International Eye Clinic (HKSE:01846) Headlines

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