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Tam Jai International Co (HKSE:02217) EBIT : HK$197 Mil (TTM As of Sep. 2023)


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What is Tam Jai International Co EBIT?

Tam Jai International Co's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was HK$113 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$197 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tam Jai International Co's annualized ROC % for the quarter that ended in Sep. 2023 was 13.34%. Tam Jai International Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 21.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tam Jai International Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 24.39%.


Tam Jai International Co EBIT Historical Data

The historical data trend for Tam Jai International Co'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.

Tam Jai International Co EBIT Chart

Tam Jai International Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
248.38 241.14 334.74 259.94 194.95

Tam Jai International Co Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
EBIT Get a 7-Day Free Trial Premium Member Only 176.09 83.85 110.42 84.53 112.63

Competitive Comparison of Tam Jai International Co's EBIT

For the Restaurants subindustry, Tam Jai International Co'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.


Tam Jai International Co's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tam Jai International Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tam Jai International Co's EV-to-EBIT falls into.



Tam Jai International Co 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$197 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.


Tam Jai International Co  (HKSE:02217) EBIT Explanation

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

Tam Jai International Co'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 )
=264.576 * ( 1 - 19.67% )/( (1541.753 + 1644.063)/ 2 )
=212.5339008/1592.908
=13.34 %

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))
=2675.007 - 249.861 - ( 1375.65 - max(0, 630.534 - 1513.927+1375.65))
=1541.753

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))
=2695.431 - 231.612 - ( 1339.032 - max(0, 650.144 - 1469.9+1339.032))
=1644.063

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:

Tam Jai International Co'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 )
=225.258/( ( (1012.292 + max(-150.725, 0)) + (1075.555 + max(-141.377, 0)) )/ 2 )
=225.258/( ( 1012.292 + 1075.555 )/ 2 )
=225.258/1043.9235
=21.58 %

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)
=(17.822 + 23.176 + 87.221) - (249.861 + 0 + 29.083)
=-150.725

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.251 + 23.746 + 76.6) - (231.612 + 0 + 30.362)
=-141.377

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:

Tam Jai International Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=197.16/808.465
=24.39 %

* 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.


Tam Jai International Co EBIT Related Terms

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Tam Jai International Co (HKSE:02217) Business Description

Traded in Other Exchanges
Address
No. 9 Cheung Yee Street, 8th Floor of D2 Place ONE, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Tam Jai International Co Ltd is a chain restaurant operator for fast casual restaurant chains, with operations in Mainland China and Singapore. It generates maximum revenue from Hong Kong.

Tam Jai International Co (HKSE:02217) Headlines

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