South Shore Holdings (South Shore Holdings) EBIT : $-49 Mil (TTM As of Sep. 2020)

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What is South Shore Holdings EBIT?

South Shore Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2020 was $-20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2020 was $-49 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. South Shore Holdings's annualized ROC % for the quarter that ended in Sep. 2020 was -2.71%. South Shore Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was -12.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. South Shore Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was -6.80%.

South Shore Holdings EBIT Historical Data

The historical data trend for South Shore 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.

South Shore Holdings EBIT Chart

South Shore Holdings Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

EBIT

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-25.96

-3.05

-175.51

-686.94

-58.89

South Shore Holdings Semi-Annual Data
	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20
EBIT	Get a 7-Day Free Trial															-29.10	-657.89	-28.93	-29.70	-19.56

Competitive Comparison of South Shore Holdings's EBIT

For the Engineering & Construction subindustry, South Shore 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.

South Shore Holdings's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, South Shore Holdings's EV-to-EBIT distribution charts can be found below:

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

South Shore 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 Sep. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-49 Mil.

South Shore Holdings (OTCPK:LOUIF) EBIT Explanation

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

South Shore Holdings's annualized ROC % for the quarter that ended in Sep. 2020 is calculated as:

	ROC % (Q: Sep. 2020 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2020 )	+	Invested Capital (Q: Sep. 2020 ))	/ count )
=	-33.59 * ( 1 - -0.29% )	/	( (1241.198	+	1245.27)	/ 2 )
=	-33.687411	/	1243.234
=	-2.71 %

where

	Invested Capital		(Q: Mar. 2020 )
=	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	))
=	1117.629	-	443.187	-	( 55.83	-	max(0, 1123.475	-	556.719	+	55.83	))
=	1241.198

	Invested Capital		(Q: Sep. 2020 )
=	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	))
=	1217.196	-	551.108	-	( 102.895	-	max(0, 1261.586	-	682.404	+	102.895	))
=	1245.27

Note: The Operating Income data used here is two times the semi-annual (Sep. 2020) data.

2. Joel Greenblatt's definition of Return on Capital:

South Shore Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2020 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2020		Q: Sep. 2020
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-39.122	/	( ( (128.362 + max(-427.113, 0))	+	(514.915 + max(-514.261, 0)) )	/	2 )
=	-39.122	/	( ( 128.362	+	514.915 )	/	2 )
=	-39.122	/	321.6385
=	-12.16 %

where Working Capital is:

	Working Capital		(Q: Mar. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(61.237	+	2.835	+	53.658)	-	(443.187	+	0	+	101.656)
=	-427.113

	Working Capital		(Q: Sep. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(83.964	+	2.786	+	47.927)	-	(551.108	+	0	+	97.83)
=	-514.261

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2020) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2020 )
	=	-49.258	/	724.351
	=	-6.80 %

South Shore Holdings EBIT Related Terms

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South Shore Holdings (South Shore Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » South Shore Holdings Ltd (OTCPK:LOUIF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 Hennessy Road, 33rd Floor, 250 Hennessy, Wanchai, Hong Kong, HKG

Website

http://www.southshore-holdings.com

South Shore Holdings Ltd is an investment holding company. The company's operating segment include Management contracting; Property development management; Property investment and Hotel operation. It generates maximum revenue from the Management contracting segment. Management contracting segment is engaged in the building construction and civil engineering. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau, PRC and Singapore and Malaysia.

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