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EEKA Fashion Holdings (HKSE:03709) EBIT : HK$1,141 Mil (TTM As of Dec. 2023)


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What is EEKA Fashion Holdings EBIT?

EEKA Fashion Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$562 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,141 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EEKA Fashion Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 14.82%. EEKA Fashion Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 46.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EEKA Fashion Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.63%.


EEKA Fashion Holdings EBIT Historical Data

The historical data trend for EEKA Fashion 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.

EEKA Fashion Holdings EBIT Chart

EEKA Fashion Holdings 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 573.42 679.09 926.61 581.46 1,141.18

EEKA Fashion Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only 496.85 375.94 223.32 579.03 562.16

Competitive Comparison of EEKA Fashion Holdings's EBIT

For the Apparel Retail subindustry, EEKA Fashion 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.


EEKA Fashion Holdings's EV-to-EBIT Distribution in the Retail - Cyclical Industry

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

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



EEKA Fashion 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$1,141 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.


EEKA Fashion Holdings  (HKSE:03709) EBIT Explanation

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

EEKA Fashion 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 )
=935.398 * ( 1 - 20.09% )/( (4885.024 + 5200.801)/ 2 )
=747.4765418/5042.9125
=14.82 %

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))
=7068.92 - 932.33 - ( 1383.849 - max(0, 1954.421 - 3205.987+1383.849))
=4885.024

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))
=7689.047 - 879.282 - ( 1608.964 - max(0, 2175.825 - 3882.539+1608.964))
=5200.801

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:

EEKA Fashion 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 )
=1124.318/( ( (1588.034 + max(739.43, 0)) + (1458.939 + max(1069.154, 0)) )/ 2 )
=1124.318/( ( 2327.464 + 2528.093 )/ 2 )
=1124.318/2427.7785
=46.31 %

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)
=(653.128 + 995.217 + 98.895) - (932.33 + 0 + 75.48)
=739.43

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(784.731 + 1260.586 + 123.5) - (879.282 + 0 + 220.381)
=1069.154

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1141.185/7801.419
=14.63 %

* 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.


EEKA Fashion Holdings EBIT Related Terms

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EEKA Fashion Holdings (HKSE:03709) Business Description

Traded in Other Exchanges
N/A
Address
Terra 4th Road, 26thFloor, B Block, Terra Licheng Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040
EEKA Fashion Holdings Ltd is a women's clothing manufacturer and retailer in China. Its high-end Koradior, La Koradior and Koradior Elsewhere brands target women between 30 and 45 years old with dresses, skirts, trousers, shirts, knitwear, vests, jackets, overcoats, scarves, and accessories. The vast majority of its sales are direct to customers through company-operated retail stores. The company also sells its items through third-party e-commerce platforms and through distributor-operated retail stores. Virtually all of its revenue is generated in China.
Executives
Ca Indosuez (switzerland) Sa, Hong Kong Branch 2303 Depositary
Bos Trustee Limited 2201 Interest of corporation controlled by you
Koradior Investments Limited 2101 Beneficial owner
Mayberry Marketing Limited 2201 Interest of corporation controlled by you
Jin Ming 2307 Founder of a discretionary trust who can infl
Jin Ming 2307 Founder of a discretionary trust who can infl
Apex Noble Holdings Limited 2101 Beneficial owner
Heritage Holdings Ltd 2201 Interest of corporation controlled by you
Jin Rui 2307 Founder of a discretionary trust who can infl
Bos Trustee Limited As Trustee 2201 Interest of corporation controlled by you

EEKA Fashion Holdings (HKSE:03709) Headlines

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