Fang Holdings (Fang Holdings) EBIT : $13.0 Mil (TTM As of Sep. 2020)

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What is Fang Holdings EBIT?

Fang Holdings's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2020 was $35.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2020 was $13.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fang Holdings's annualized ROC % for the quarter that ended in Sep. 2020 was 1.63%. Fang Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was 18.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fang Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was 23.18%.

Fang Holdings EBIT Historical Data

The historical data trend for Fang 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.

Fang Holdings EBIT Chart

Fang Holdings Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

EBIT

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-123.86

35.53

-139.23

-7.57

12.95

Fang Holdings Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
EBIT	Get a 7-Day Free Trial															-19.95	-33.14	8.61	35.70	1.82

Competitive Comparison of Fang Holdings's EBIT

For the Internet Content & Information subindustry, Fang 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.

Fang Holdings's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Fang Holdings's EV-to-EBIT distribution charts can be found below:

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

Fang 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 Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.0 Mil.

Fang Holdings (OTCPK:SFUNY) EBIT Explanation

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

Fang Holdings's annualized ROC % for the quarter that ended in Sep. 2020 is calculated as:

	ROC % (Q: Sep. 2020 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2020 )	+	Invested Capital (Q: Sep. 2020 ))	/ count )
=	71.168 * ( 1 - 63.77% )	/	( (1589.027	+	1569.227)	/ 2 )
=	25.7841664	/	1579.127
=	1.63 %

where

	Invested Capital		(Q: Jun. 2020 )
=	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	))
=	1730.448	-	122.418	-	( 233.843	-	max(0, 617.424	-	636.427	+	233.843	))
=	1589.027

	Invested Capital		(Q: Sep. 2020 )
=	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	))
=	1830.901	-	140.176	-	( 364.983	-	max(0, 683.496	-	804.994	+	364.983	))
=	1569.227

Note: The Operating Income data used here is four times the quarterly (Sep. 2020) data.

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

Fang Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2020 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2020		Q: Sep. 2020
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	142.796	/	( ( (676.564 + max(81.959, 0))	+	(693.219 + max(83.868, 0)) )	/	2 )
=	142.796	/	( ( 758.523	+	777.087 )	/	2 )
=	142.796	/	767.805
=	18.60 %

where Working Capital is:

	Working Capital		(Q: Jun. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(87.885	+	0	+	250.278)	-	(122.418	+	130.083	+	3.703)
=	81.959

	Working Capital		(Q: Sep. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(98.999	+	0	+	261.855)	-	(140.176	+	132.895	+	3.9150000000001)
=	83.868

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2020) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2020 )
	=	12.987	/	56.021
	=	23.18 %

Fang Holdings EBIT Related Terms

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Fang Holdings (Fang Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Fang Holdings Ltd (OTCPK:SFUNY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tower A, No. 20 Guogongzhuang Middle Street, Fengtai District, Beijing, CHN, 100070

Website

https://www.fang.com

Fang Holdings Ltd operates in the Chinese internet portal industry. The company handles a real estate business through its web platform, www.fang.com, and a mobile application. The website serves as a one-stop avenue for the users to buy new and second homes, office buildings, and accommodation facilities available for rent in different parts of China. Real estate buyers can also avail of other services such as entrusted loans, mortgage loans, and other financial services that the company provides in the event of its credit assessment requirements being fulfilled. The group generates most of its revenues from new home sales through its e-commerce platform. A part of its income is also derived from marketing, listing, and financial services.