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Kaisa Prosperity Holdings (HKSE:02168) EBIT : HK$-636 Mil (TTM As of Dec. 2023)


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What is Kaisa Prosperity Holdings EBIT?

Kaisa Prosperity Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-494 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-636 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kaisa Prosperity Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -31.42%. Kaisa Prosperity Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -433.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kaisa Prosperity Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1,313.33%.


Kaisa Prosperity Holdings EBIT Historical Data

The historical data trend for Kaisa Prosperity 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.

Kaisa Prosperity Holdings EBIT Chart

Kaisa Prosperity Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 234.16 371.01 166.36 155.98 -635.73

Kaisa Prosperity Holdings Semi-Annual Data
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 -213.63 89.25 70.96 -141.86 -493.87

Competitive Comparison of Kaisa Prosperity Holdings's EBIT

For the Real Estate Services subindustry, Kaisa Prosperity 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.


Kaisa Prosperity Holdings's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kaisa Prosperity Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kaisa Prosperity Holdings's EV-to-EBIT falls into.



Kaisa Prosperity 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$-636 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.


Kaisa Prosperity Holdings  (HKSE:02168) EBIT Explanation

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

Kaisa Prosperity 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 )
=-631.872 * ( 1 - 24.64% )/( (1769.002 + 1262.167)/ 2 )
=-476.1787392/1515.5845
=-31.42 %

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))
=2356.3 - 334.409 - ( 252.889 - max(0, 907.073 - 1307.128+252.889))
=1769.002

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))
=2000.255 - 699.5 - ( 313.667 - max(0, 947.683 - 986.271+313.667))
=1262.167

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:

Kaisa Prosperity 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 )
=-987.73/( ( (233.018 + max(-79.368, 0)) + (222.355 + max(-510.567, 0)) )/ 2 )
=-987.73/( ( 233.018 + 222.355 )/ 2 )
=-987.73/227.6865
=-433.81 %

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)
=(777.758 + 0 + 43.817) - (334.409 + 0 + 566.534)
=-79.368

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(430.459 + 0 + 0.49199999999996) - (699.5 + 0 + 242.018)
=-510.567

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:

Kaisa Prosperity Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-635.729/48.406
=-1,313.33 %

* 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.


Kaisa Prosperity Holdings EBIT Related Terms

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Kaisa Prosperity Holdings (HKSE:02168) Business Description

Traded in Other Exchanges
N/A
Address
66 Nanyuan Road, Room 507, Block A, Kaisa Center, Futian District, Shenzhen, CHN
Kaisa Prosperity Holdings Ltd is an investment holding company. It is engaged in four operating business segments. The property management services include providing security, cleaning and gardening, and property repair and maintenance services to residential communities, commercial properties, and public facilities; pre-delivery & consulting services include construction sites management, display units, and property sales venues management and consulting services; community value-added services include fees generated from the car parking, space leasing, and value-added services through both offline and online channels; and smart solution services include installation and maintenance services. Geographically, the company operates across China.
Executives
China Shandong Hi-speed Capital Limited 2201 Interest of corporation controlled by you
China Shandong Hi-speed Financial Group Limited 2201 Interest of corporation controlled by you
Paramount Access Investments Limited 2201 Interest of corporation controlled by you
Safe Castle Limited 2106 Person having a security interest in shares
Ye Chang Investment Company Limited 2101 Beneficial owner
Kaisa Group Holdings Ltd. 2201 Interest of corporation controlled by you

Kaisa Prosperity Holdings (HKSE:02168) Headlines

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