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Get Nice Financial Group (HKSE:01469) EBIT

: HK$190.8 Mil (TTM As of Sep. 2023)
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Get Nice Financial Group's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was HK$102.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$190.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Get Nice Financial Group's annualized ROC % for the quarter that ended in Sep. 2023 was 12.30%. Get Nice Financial Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 10.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Get Nice Financial Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -26.48%.


Get Nice Financial Group EBIT Historical Data

The historical data trend for Get Nice Financial 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.

Get Nice Financial Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 286.31 204.41 263.36 500.48 174.07

Get Nice Financial Group Semi-Annual Data
Mar13 Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
EBIT 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 Premium Member Only Premium Member Only Premium Member Only 450.81 49.68 85.94 88.13 102.70

Competitive Comparison

For the Capital Markets subindustry, Get Nice Financial 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.


Get Nice Financial Group EV-to-EBIT Distribution

For the Capital Markets industry and Financial Services sector, Get Nice Financial Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Get Nice Financial Group's EV-to-EBIT falls into.



Get Nice Financial 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$190.8 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.


Get Nice Financial Group  (HKSE:01469) EBIT Explanation

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

Get Nice Financial Group's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=299.09 * ( 1 - 16.23% )/( (2117.668 + 1957.527)/ 2 )
=250.547693/2037.5975
=12.30 %

where

Invested Capital(Q: Mar. 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))
=4702.241 - 349.381 - ( 2235.192 - max(0, 364.199 - 4645.512+2235.192))
=2117.668

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))
=4682.743 - 325.981 - ( 2399.235 - max(0, 333.713 - 4629.868+2399.235))
=1957.527

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

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

Get Nice Financial Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=205.406/( ( (23.023 + max(2049.657, 0)) + (17.546 + max(1897.068, 0)) )/ 2 )
=205.406/( ( 2072.68 + 1914.614 )/ 2 )
=205.406/1993.647
=10.30 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2079.209 + 0 + 327.53) - (349.381 + 0 + 7.701)
=2049.657

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1933.645 + 0 + 293.559) - (325.981 + 0 + 4.155)
=1897.068

When net working capital is negative, 0 is used.

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

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

Get Nice Financial Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=190.833/-720.658
=-26.48 %

* 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.


Get Nice Financial Group EBIT Related Terms

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Get Nice Financial Group (HKSE:01469) Business Description

Traded in Other Exchanges
N/A
Address
183 Queen’s Road Central, 10th Floor Cosco Tower, Grand Millennium Plaza, Hong Kong, HKG
Get Nice Financial Group Ltd is an investment holding company. The company's segment includes Broking; Securities margin financing; Corporate finance; Asset Management and Investments. The company generates maximum revenue from the Securities margin financing segment. Geographically, the company derives a majority of its revenue from Hong Kong.

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