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Ruihe Data Technology Holdings (HKSE:03680) EBIT : HK$-113.2 Mil (TTM As of Dec. 2023)


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What is Ruihe Data Technology Holdings EBIT?

Ruihe Data Technology Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-46.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-113.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ruihe Data Technology Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -16.20%. Ruihe Data Technology Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -251.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ruihe Data Technology Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -11.09%.


Ruihe Data Technology Holdings EBIT Historical Data

The historical data trend for Ruihe Data Technology 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.

Ruihe Data Technology Holdings EBIT Chart

Ruihe Data Technology Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 16.48 -8.47 -87.00 -135.60 -113.17

Ruihe Data Technology Holdings 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 -39.45 -39.35 -98.11 -66.91 -46.27

Competitive Comparison of Ruihe Data Technology Holdings's EBIT

For the Information Technology Services subindustry, Ruihe Data Technology 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.


Ruihe Data Technology Holdings's EV-to-EBIT Distribution in the Software Industry

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

* The bar in red indicates where Ruihe Data Technology Holdings's EV-to-EBIT falls into.



Ruihe Data Technology 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$-113.2 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.


Ruihe Data Technology Holdings  (HKSE:03680) EBIT Explanation

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

Ruihe Data Technology 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 )
=-54.82 * ( 1 - 1.54% )/( (310.534 + 355.925)/ 2 )
=-53.975772/333.2295
=-16.20 %

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))
=423.453 - 71.838 - ( 75.133 - max(0, 228.898 - 269.979+75.133))
=310.534

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))
=485.8 - 137.951 - ( 123.878 - max(0, 339.085 - 331.009+123.878))
=355.925

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:

Ruihe Data Technology 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 )
=-92.53/( ( (36.836 + max(-46.245, 0)) + (36.761 + max(-27.752, 0)) )/ 2 )
=-92.53/( ( 36.836 + 36.761 )/ 2 )
=-92.53/36.7985
=-251.45 %

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)
=(73.875 + 0 + 13.101) - (71.838 + 0 + 61.383)
=-46.245

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(112.342 + 0 + 11.518) - (137.951 + 0 + 13.661)
=-27.752

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:

Ruihe Data Technology Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-113.17/1020.052
=-11.09 %

* 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.


Ruihe Data Technology Holdings EBIT Related Terms

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Ruihe Data Technology Holdings (HKSE:03680) Business Description

Traded in Other Exchanges
N/A
Address
Cangqian Street, Room 4101, 41st Floor, Building 2, Euro-American Financial City, Yuhang District, Zhejiang Province, Hangzhou, CHN
Ruihe Data Technology Holdings Ltd formerly Suoxinda Holdings Ltd is engaged in the provision of data solutions, sales of hardware and software, and related services as an integrated service, as well as information technology maintenance and support services. It derives maximum revenue from Data solutions.
Executives
Xue Shouguang 2201 Interest of corporation controlled by you
Mindas Touch Global Limited 2101 Beneficial owner
Shen Zhen Shi Gao Sheng Da Lv You Qi Che Fu Wu You Xian Gong Si 2101 Beneficial owner
Wang Donglin 2201 Interest of corporation controlled by you
Treasure Tree Asia Holdings Co. Ltd 2101 Beneficial owner
Chen Weiping 2202 Interest of your spouse
Wu Xinlan 2202 Interest of your spouse
Chen Zhenping 2101 Beneficial owner
Wang Donglin 2101 Beneficial owner
Ideal Treasure Holdings Limited 2101 Beneficial owner
Wu Xiaohua 2201 Interest of corporation controlled by you
Chi Xianfang 2202 Interest of your spouse
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Song Hongtao 2101 Beneficial owner
Benefit Ocean Holdings Limited 2101 Beneficial owner

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