Harvest Miracle Capital Bhd (XKLS:0060) EBIT : RM-1.36 Mil (TTM As of Dec. 2023)

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What is Harvest Miracle Capital Bhd EBIT?

Harvest Miracle Capital Bhd's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was RM21.42 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was RM-1.36 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Harvest Miracle Capital Bhd's annualized ROC % for the quarter that ended in Dec. 2023 was 0.76%. Harvest Miracle Capital Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 85.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Harvest Miracle Capital Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.56%.

Harvest Miracle Capital Bhd EBIT Historical Data

The historical data trend for Harvest Miracle Capital Bhd'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.

Harvest Miracle Capital Bhd EBIT Chart

Harvest Miracle Capital Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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1.20

-3.92

-2.28

11.32

-3.72

Harvest Miracle Capital Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															5.91	-8.12	-15.12	0.45	21.42

Competitive Comparison of Harvest Miracle Capital Bhd's EBIT

For the Information Technology Services subindustry, Harvest Miracle Capital Bhd'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.

Harvest Miracle Capital Bhd's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Harvest Miracle Capital Bhd's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Harvest Miracle Capital Bhd's EV-to-EBIT falls into.

Harvest Miracle Capital Bhd 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 quarterly data reported by the company within the most recent 12 months, which was RM-1.36 Mil.

Harvest Miracle Capital Bhd (XKLS:0060) EBIT Explanation

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

Harvest Miracle Capital Bhd'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: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	1.904 * ( 1 - 1.31% )	/	( (219.971	+	277.27)	/ 2 )
=	1.8790576	/	248.6205
=	0.76 %

where

	Invested Capital		(Q: Sep. 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	))
=	303.81	-	11.502	-	( 72.337	-	max(0, 13.071	-	120.863	+	72.337	))
=	219.971

	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	))
=	338.053	-	13.989	-	( 46.794	-	max(0, 15.561	-	111.142	+	46.794	))
=	277.27

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Harvest Miracle Capital Bhd'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: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	85.692	/	( ( (40.96 + max(37.024, 0))	+	(72.07 + max(50.359, 0)) )	/	2 )
=	85.692	/	( ( 77.984	+	122.429 )	/	2 )
=	85.692	/	100.2065
=	85.52 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(35.631	+	10.363	+	2.532)	-	(11.502	+	0	+	-1.7763568394003E-15)
=	37.024

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(49.62	+	12.086	+	2.642)	-	(13.989	+	0	+	0)
=	50.359

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Harvest Miracle Capital Bhd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-1.363	/	87.518
	=	-1.56 %

Harvest Miracle Capital Bhd EBIT Related Terms

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Harvest Miracle Capital Bhd (XKLS:0060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Harvest Miracle Capital Bhd (XKLS:0060) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

0060PA.PFD:Malaysia

Address

No 685, Jalan Damansara, TTDI, 9-3A, Oval Tower, Damansara, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 60000

Website

https://www.hmcap.my

Harvest Miracle Capital Bhd is an investment holding company. It operates in seven segments that are IT and ICT, Property Construction, Investment Properties, Property development, Plantation, Money lending business, and Investment holding. It generates the vast majority of its revenue from the IT and ICT segment that is engaged in trading in IT and ICT-related products and software development and support services and others. Its product categories include the Vacuum valve and Rupture Disk. Geographically, it operates only in Malaysia.

Harvest Miracle Capital Bhd (XKLS:0060) Headlines

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