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Fineland Living Services Group (HKSE:09978) EBIT : HK$-72.2 Mil (TTM As of Dec. 2023)


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What is Fineland Living Services Group EBIT?

Fineland Living Services Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-50.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-72.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fineland Living Services Group's annualized ROC % for the quarter that ended in Dec. 2023 was 5.78%. Fineland Living Services Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -657.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fineland Living Services Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 167.67%.


Fineland Living Services Group EBIT Historical Data

The historical data trend for Fineland Living Services 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.

Fineland Living Services Group EBIT Chart

Fineland Living Services Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 36.75 26.58 38.64 35.58 -72.20

Fineland Living Services Group 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 16.64 21.35 15.24 -21.81 -50.40

Competitive Comparison of Fineland Living Services Group's EBIT

For the Real Estate Services subindustry, Fineland Living Services 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.


Fineland Living Services Group's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fineland Living Services Group's EV-to-EBIT distribution charts can be found below:

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



Fineland Living Services 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$-72.2 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.


Fineland Living Services Group  (HKSE:09978) EBIT Explanation

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

Fineland Living Services 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 )
=21.914 * ( 1 - 17.63% )/( (360.579 + 263.516)/ 2 )
=18.0505618/312.0475
=5.78 %

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))
=592.206 - 108.771 - ( 122.856 - max(0, 344.364 - 484.177+122.856))
=360.579

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))
=523.145 - 181.615 - ( 101.192 - max(0, 323.893 - 401.907+101.192))
=263.516

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:

Fineland Living Services 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 )
=-100.794/( ( (10.848 + max(-167.89, 0)) + (19.807 + max(-185.772, 0)) )/ 2 )
=-100.794/( ( 10.848 + 19.807 )/ 2 )
=-100.794/15.3275
=-657.60 %

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)
=(134.421 + 0 + 3.771) - (108.771 + 0 + 197.311)
=-167.89

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(113.696 + 0 + 2.892) - (181.615 + 0 + 120.745)
=-185.772

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-72.204/-43.064
=167.67 %

* 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.


Fineland Living Services Group EBIT Related Terms

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Fineland Living Services Group (HKSE:09978) Business Description

Traded in Other Exchanges
N/A
Address
No. 28 Tiyu East Road, Fineland Plaza, Tianhe District, Guangzhou, CHN
Fineland Living Services Group Ltd formerly Fineland Real Estate Services Group Ltd is principally engaged in the provision of comprehensive real estate agency services. The company through its operators in Guangzhou, China provides real estate agency services in both the primary and secondary property markets. It operates in the business segments of Real estate agency service which includes online property referral and agency service; Property research and consultancy service; and Integrated services.
Executives
Aspiring Vision Holdings Limited 2101 Beneficial owner
Huiyu Investment Holdings Limited 2101 Beneficial owner
Fineland Group Holdings Company Limited 2201 Interest of corporation controlled by you
Zheng Muming 2202 Interest of your spouse
Zheng Hui 2202 Interest of your spouse
Huang Peng 2103 Interests held jointly with another person
Tse Lai Wa 2103 Interests held jointly with another person
Fong Ming 2501 Other
Widethrive Investments Limited 2201 Interest of corporation controlled by you
Stand Smooth Group Limited 2201 Interest of corporation controlled by you
Mansion Green Holdings Limited 2101 Beneficial owner
Hero Dragon Management Limited 2201 Interest of corporation controlled by you
He Kangkang 2202 Interest of your spouse
Metropolitan Dawn Holdings Limited 2101 Beneficial owner
Rong Haiming 2201 Interest of corporation controlled by you

Fineland Living Services Group (HKSE:09978) Headlines

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