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China Foods Holdings (China Foods Holdings) EBIT : $-0.41 Mil (TTM As of Dec. 2023)


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What is China Foods Holdings EBIT?

China Foods Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.41 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Foods Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -150.77%. China Foods Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -603.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Foods Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.62%.


China Foods Holdings EBIT Historical Data

The historical data trend for China Foods 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.

China Foods Holdings EBIT Chart

China Foods Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -0.47 -0.46 -0.39 -0.41

China Foods Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.16 -0.11 -0.13 -0.11 -0.05

Competitive Comparison of China Foods Holdings's EBIT

For the Packaged Foods subindustry, China Foods 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.


China Foods Holdings's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Foods Holdings's EV-to-EBIT distribution charts can be found below:

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



China Foods 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.41 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.


China Foods Holdings  (OTCPK:CFOO) EBIT Explanation

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

China Foods Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-0.196 * ( 1 - 0% )/( (0.155 + 0.105)/ 2 )
=-0.196/0.13
=-150.77 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

China Foods Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.196/( ( (0.052 + max(-0.521, 0)) + (0.013 + max(-0.563, 0)) )/ 2 )
=-0.196/( ( 0.052 + 0.013 )/ 2 )
=-0.196/0.0325
=-603.08 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.005 + 0.119 + 0.06) - (0.639 + 0.067 + -0.0010000000000001)
=-0.521

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.039 + 0.048 + 0.085) - (0.666 + 0.069 + 0)
=-0.563

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-0.405/15.440
=-2.62 %

* 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.


China Foods Holdings EBIT Related Terms

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China Foods Holdings (China Foods Holdings) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Room 2301A, China Resources Building, Wanchai, Hong Kong, HKG
Website
China Foods Holdings Ltd is a healthcare product distributing and marketing industry, developing and distributing health related products, including supplements, across the globe with a focus on mainland China, Europe and Australia. Its health products are designed to help enhance immunity and improve general wellbeing. The company has two segments; the Healthcare segment and the Wine segment. The healthcare segment mainly provides health consulting advisory services and healthcare and wellness products, such as Nutrition Catering, Special Health Food, Health supplements, and Skincare. The wine segment involves the sale of wine products. The majority of the company's revenue is generated from the Healthcare segment.
Executives
Xiao Jun Kong director, 10 percent owner, officer: CEO and CFO SHUI ON CENTRE, 6-8 HARBOUR RD. UNIT 906 9/F WANCHAI K3 0000
Cheng-ni Hu director 28 MACHANG ROAD TIANHE DISTRICT GUANGZHOU F4 510000
Yang Liu director EVERBRITE CENTRE SUITE 3102 108 GLOUCESTER ROAD HONG KONG K3 00000
Yunsi Liu director, officer: President EVERBRITE CENTRE SUITE 3102 108 GLOUCESTER ROAD HONG KONG K3 00000
Hy (hk) Financial Investments Co., Ltd. 10 percent owner SHUI ON CENTRE, 6-8 HARBOUR RD. UNIT 906 9/F WANCHAI K3 0000
Sean Escobar director, officer: Vice President 10344 SOUTH SILVER WILLOW DRIVE SANDY UT 84070
Anthony B Escobar director, 10 percent owner, officer: President PO BOX 2017 SANDY UT 84091-2017
Anthony P Coletti director, officer: Chief Accounting Officer 3032 WEST HARPER PEAK COURT SOUTH JORDAN UT 84095

China Foods Holdings (China Foods Holdings) Headlines