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Edvantage Group Holdings (HKSE:00382) EBIT : HK$856 Mil (TTM As of Aug. 2023)


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What is Edvantage Group Holdings EBIT?

Edvantage Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Aug. 2023 was HK$409 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2023 was HK$856 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Edvantage Group Holdings's annualized ROC % for the quarter that ended in Aug. 2023 was 11.21%. Edvantage Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was 13.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Edvantage Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was 30.08%.


Edvantage Group Holdings EBIT Historical Data

The historical data trend for Edvantage Group 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.

Edvantage Group Holdings EBIT Chart

Edvantage Group Holdings Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
EBIT
Get a 7-Day Free Trial 300.80 362.54 603.71 760.54 805.80

Edvantage Group Holdings Semi-Annual Data
Aug16 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 369.08 414.17 421.30 409.42 446.55

Competitive Comparison of Edvantage Group Holdings's EBIT

For the Education & Training Services subindustry, Edvantage Group 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.


Edvantage Group Holdings's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Edvantage Group Holdings's EV-to-EBIT distribution charts can be found below:

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



Edvantage Group 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$856 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.


Edvantage Group Holdings  (HKSE:00382) EBIT Explanation

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

Edvantage Group Holdings's annualized ROC % for the quarter that ended in Aug. 2023 is calculated as:

ROC % (Q: Aug. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2023 ) + Invested Capital (Q: Aug. 2023 ))/ count )
=980.012 * ( 1 - -2.07% )/( (8755.668 + 9085.637)/ 2 )
=1000.2982484/8920.6525
=11.21 %

where

Invested Capital(Q: Feb. 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))
=8308.646 - 524.687 - ( 1048.001 - max(0, 2197.828 - 1226.119+1048.001))
=8755.668

Invested Capital(Q: Aug. 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))
=9172.352 - 570.593 - ( 2154.299 - max(0, 2777.475 - 2293.597+2154.299))
=9085.637

Note: The Operating Income data used here is two times the semi-annual (Aug. 2023) data.

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

Edvantage Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2023  Q: Aug. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=818.836/( ( (6309.649 + max(-1427.64, 0)) + (6193.657 + max(-2115.583, 0)) )/ 2 )
=818.836/( ( 6309.649 + 6193.657 )/ 2 )
=818.836/6251.653
=13.10 %

where Working Capital is:

Working Capital(Q: Feb. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(41.232 + 18.523 + 97.509) - (524.687 + 0 + 1060.217)
=-1427.64

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(107.144 + 10.645 + 21.509) - (570.593 + 0 + 1684.288)
=-2115.583

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Aug. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2023 )
=855.972/2845.201
=30.08 %

* 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.


Edvantage Group Holdings EBIT Related Terms

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Edvantage Group Holdings (HKSE:00382) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Huashang Road, Licheng Street, Zengcheng, Guangzhou, CHN
Edvantage Group is a leading private education group based in Greater Bay Area. Edvantage primarily offers higher education. It also provides secondary vocational education and non-formal vocational education service.Edvantage currently operates nine schools across domestic China and overseas, and more than 98% of its revenue is generated domestically. The total number of enrolled students exceeded 95,000 as of October 2023 from 32,217 as of August 2018. The rapid expansion was achieved through organic growth and school acquisitions.

Edvantage Group Holdings (HKSE:00382) Headlines

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