CVTV (China VTV) EBIT: $-0.29 Mil (TTM As of Aug. 2020)


What is China VTV EBIT?

China VTV CVTV EBIT is $-0.29 Mil as of Aug. 2020.

China VTV's earnings before interest and taxes (EBIT) for the three months ended in Aug. 2020 was $0.20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2020 was $-0.29 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China VTV's annualized ROC % for the quarter that ended in Aug. 2020 was 1.13%. China VTV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2020 was 111.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China VTV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2020 was -0.02%.

China VTV  (OTCPK:CVTV) EBIT Explanation

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

China VTV's annualized ROC % for the quarter that ended in Aug. 2020 is calculated as:

ROC % (Q: Aug. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2020 ) + Invested Capital (Q: Aug. 2020 ))/ count )
=0.816 * ( 1 - 0% )/( (71.124 + 73.461)/ 2 )
=0.816/72.2925
=1.13 %

where

Invested Capital(Q: May. 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))
=52.684 - 5.569 - ( 0.091 - max(0, 49.117 - 25.108+0.091))
=71.124

Invested Capital(Q: Aug. 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))
=52.698 - 3.56 - ( 0.159 - max(0, 48.214 - 23.891+0.159))
=73.461

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

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

China VTV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2020  Q: Aug. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.816/( ( (0.742 + max(-24.888, 0)) + (0.726 + max(-24.387, 0)) )/ 2 )
=0.816/( ( 0.742 + 0.726 )/ 2 )
=0.816/0.734
=111.17 %

where Working Capital is:

Working Capital(Q: May. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.652 + 7.423 + 13.884) - (5.569 + 4.346 + 36.932)
=-24.888

Working Capital(Q: Aug. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.165 + 7.415 + 15.096) - (3.56 + 6.571 + 36.932)
=-24.387

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2020 )
=-0.291/1504.382
=-0.02 %

* 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 VTV EBIT Related Terms

China VTV EBIT Historical Data

* Premium members only.

The historical data trend for China VTV'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.

China VTV EBIT Chart

China VTV Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
EBIT
Get a 7-Day Free Trial -0.02 -0.04 -0.43 -0.09 -1.51

China VTV Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
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 -0.11 -4.43 3.14 0.80 0.20

CVTV vs REBL, CSSE, RLJE: EBIT Comparison

For the Internet Content & Information subindustry, China VTV'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 VTV EV-to-EBIT vs Interactive Media Industry

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

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


China VTV 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 Aug. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.29 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-0.29 Mil mean?
China VTV (CVTV) has a EBIT of $-0.29 Mil as of Aug. 2020. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on China VTV.
Is China VTV's EBIT too high?
China VTV's current EBIT is $-0.29 Mil.
How does China VTV's EBIT compare to REBL and CSSE?
China VTV's EBIT of $-0.29 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good EBIT depends on the Interactive Media 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 China VTV. China VTV's current EBIT is $-0.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China VTV stock overvalued right now?
China VTV (CVTV) has a current EBIT of $-0.29 Mil. The current EBIT is $-0.29 Mil. 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 China VTV (CVTV), the current EBIT is $-0.29 Mil as of Aug. 2020. 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.

China VTV Business Description

Address 315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG, 999077
China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.