CAOHF (FDG Electric Vehicles) EBIT: $-246.03 Mil (TTM As of Sep. 2019)

What is FDG Electric Vehicles EBIT?

FDG Electric Vehicles CAOHF 12 EBIT is $-246.03 Mil as of Sep. 2019. GuruFocus rates CAOHF with a GF Score™ of 12/100.

FDG Electric Vehicles's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2019 was $-31.66 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2019 was $-246.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. FDG Electric Vehicles's annualized ROC % for the quarter that ended in Sep. 2019 was -7.54%. FDG Electric Vehicles's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was -17.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. FDG Electric Vehicles's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was -402.72%.

FDG Electric Vehicles (OTCPK:CAOHF) EBIT Explanation

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

FDG Electric Vehicles's annualized ROC % for the quarter that ended in Sep. 2019 is calculated as:

	ROC % (Q: Sep. 2019 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2019 )	+	Invested Capital (Q: Sep. 2019 ))	/ count )
=	-71.14 * ( 1 - 0.66% )	/	( (946.232	+	929.532)	/ 2 )
=	-70.670476	/	937.882
=	-7.54 %

where

	Invested Capital		(Q: Mar. 2019 )
=	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	))
=	938.374	-	229.506	-	( 21.7	-	max(0, 561.755	-	324.391	+	21.7	))
=	946.232

	Invested Capital		(Q: Sep. 2019 )
=	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	))
=	855.017	-	279.296	-	( 12.012	-	max(0, 642.661	-	288.85	+	12.012	))
=	929.532

Note: The Operating Income data used here is two times the semi-annual (Sep. 2019) data.

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

FDG Electric Vehicles's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2019 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2019		Q: Sep. 2019
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-63.314	/	( ( (372.307 + max(-165.128, 0))	+	(332.014 + max(-159.491, 0)) )	/	2 )
=	-63.314	/	( ( 372.307	+	332.014 )	/	2 )
=	-63.314	/	352.1605
=	-17.98 %

where Working Capital is:

	Working Capital		(Q: Mar. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(39.598	+	36.74	+	108.614)	-	(229.506	+	0	+	120.574)
=	-165.128

	Working Capital		(Q: Sep. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(85.532	+	24.66	+	118.151)	-	(279.296	+	0	+	108.538)
=	-159.491

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2019) EBIT data.

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

FDG Electric Vehicles's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2019 )
	=	-246.032	/	61.093
	=	-402.72 %

* 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.

FDG Electric Vehicles EBIT Related Terms

FDG Electric Vehicles EBIT Historical Data

* Premium members only.

The historical data trend for FDG Electric Vehicles's EBIT can be seen below:

FDG Electric Vehicles EBIT Chart

FDG Electric Vehicles Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

EBIT

Get a 7-Day Free Trial

-58.14

-74.44

-53.64

-286.96

-304.51

FDG Electric Vehicles Semi-Annual Data
	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19
EBIT	Get a 7-Day Free Trial															-70.11	-217.11	-90.28	-214.38	-31.66

CAOHF vs APTV: EBIT Comparison

For the Auto Parts subindustry, FDG Electric Vehicles'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.

FDG Electric Vehicles EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, FDG Electric Vehicles's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where FDG Electric Vehicles's EV-to-EBIT falls into.

Save Embed

12GF Score

FDG Electric Vehicles Ltd CAOHF

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

FDG Electric Vehicles 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. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-246.03 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-246.03 Mil mean?

FDG Electric Vehicles (CAOHF) has a EBIT of $-246.03 Mil as of Sep. 2019. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on FDG Electric Vehicles.

Is FDG Electric Vehicles' EBIT too high?

FDG Electric Vehicles' current EBIT is $-246.03 Mil. Overall, FDG Electric Vehicles has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does FDG Electric Vehicles' EBIT compare to APTV?

FDG Electric Vehicles' EBIT of $-246.03 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for a Vehicles & Parts company?

A good EBIT depends on the Vehicles & Parts industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on FDG Electric Vehicles. FDG Electric Vehicles's current EBIT is $-246.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is FDG Electric Vehicles stock overvalued right now?

FDG Electric Vehicles (CAOHF) has a current EBIT of $-246.03 Mil. The current EBIT is $-246.03 Mil. FDG Electric Vehicles' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For FDG Electric Vehicles (CAOHF), the current EBIT is $-246.03 Mil as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

FDG Electric Vehicles Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies HKSE:06928 HKSE:06162 HKSE:01372 HKSE:08135 HKSE:01188 HKSE:06163 HKSE:01991 HKSE:01148 HKSE:02339 HKSE:01930 TSE:6902 TSE:5108 APTV FRA:CON XPAR:ML XKRX:012330 TSX:MG SZSE:002602 ISX:ASII SZSE:002555

Address 26 Harbour Road, Rooms 3001-3005, 30th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website http://www.fdgev.com

FDG Electric Vehicles Ltd is a Hong Kong-based investment holding company principally engaged in the production and distribution of new energy electric vehicles and their core components. The group is principally engaged in research and development, production and sale of lithium-ion batteries and related products. In addition, it is also engaged in vehicle design, manufacture and sale of electric vehicles, leasing of electric vehicles. The company derives the majority of its revenue from selling lithium-ion batteries in China.

12GF Score

Get the complete analysis for CAOHF

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00

Price

View CAOHF Analysis

See EBIT data for all stocks →