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QKL Stores (QKL Stores) EBIT : $-27.3 Mil (TTM As of Dec. 2015)


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What is QKL Stores EBIT?

QKL Stores's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2015 was $-18.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was $-27.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. QKL Stores's annualized ROC % for the quarter that ended in Dec. 2015 was -57.43%. QKL Stores's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2015 was -158.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


QKL Stores EBIT Historical Data

The historical data trend for QKL Stores'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.

QKL Stores EBIT Chart

QKL Stores Annual Data
Trend Apr06 Apr07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.01 -32.33 -8.43 -20.56 -27.27

QKL Stores Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 -11.95 -3.50 -3.28 -2.42 -18.08

Competitive Comparison of QKL Stores's EBIT

For the Grocery Stores subindustry, QKL Stores'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.


QKL Stores's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, QKL Stores's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where QKL Stores's EV-to-EBIT falls into.



QKL Stores 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-27.3 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.


QKL Stores  (OTCPK:QKLS) EBIT Explanation

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

QKL Stores's annualized ROC % for the quarter that ended in Dec. 2015 is calculated as:

ROC % (Q: Dec. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2015 ) + Invested Capital (Q: Dec. 2015 ))/ count )
=-72.404 * ( 1 - 4.09% )/( (125.908 + 115.906)/ 2 )
=-69.4426764/120.907
=-57.43 %

where

Invested Capital(Q: Sep. 2015 )
=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))
=160.281 - 54.695 - ( 18.789 - max(0, 145.558 - 125.236+18.789))
=125.908

Note: The Operating Income data used here is four times the quarterly (Dec. 2015) data.

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

QKL Stores's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2015 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2015  Q: Dec. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-72.304/( ( (34.335 + max(16.274, 0)) + (23.659 + max(16.688, 0)) )/ 2 )
=-72.304/( ( 50.609 + 40.347 )/ 2 )
=-72.304/45.478
=-158.99 %

where Working Capital is:

Working Capital(Q: Sep. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.937 + 42.852 + 47.331) - (54.695 + 1.968 + 18.183)
=16.274

Working Capital(Q: Dec. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.668 + 57.911 + 37.274) - (58.116 + 2.867 + 18.182)
=16.688

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2015) EBIT data.

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

QKL Stores's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2015 )
=-27.268/0.000
= %

* 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.


QKL Stores EBIT Related Terms

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QKL Stores (QKL Stores) Business Description

Traded in Other Exchanges
N/A
Address
4 Nanreyuan Street, Dongfeng Road, Zhuangyi Wang, Sartu District, Daqing, CHN, 163300
QKL Stores Inc is engaged in the operation of retail chain stores in northeastern China and Inner Mongolia. The company's supermarkets and hypermarkets sell merchandise including groceries, fresh food, and non-food items.
Executives
Glenn Little 10 percent owner 211 WEST WALL ST, MIDLAND TX 70701
Phil Frohlich 10 percent owner 1924 SOUTH IRICA SUITE 1120, TULSA OK 741046529
Prescott Group Capital Management, L.l.c. 10 percent owner 1924 SOUTH UTICA, SUITE 1120, TULSA OK 74104-6429
Tsz-kit Chan officer: Chief Financial Officer C/O QKL STORES INC., 1 NANREYUAN STREET DONGFENG ROAD, SARTU DISTRICT DAQING F4 163311
Bartly J Loethen director, 10 percent owner, officer: Former Office and Director, other: Former 10% Owner 730 W RANDOLPH, 6TH FLOOR, CHICAGO IL 60661
Synergy Business Consulting, Llc 10 percent owner, other: Former 10% Owner 730 W. RANDOLPH, 6TH FLOOR, CHICAGO IL 60661

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