Wanda Hotel Development Co (FRA:CL1A) EBIT : €-105.8 Mil (TTM As of Jun. 2024)

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What is Wanda Hotel Development Co EBIT?

Wanda Hotel Development Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €-102.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €-105.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wanda Hotel Development Co's annualized ROC % for the quarter that ended in Jun. 2024 was 9.45%. Wanda Hotel Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -418.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wanda Hotel Development Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -34.55%.

Wanda Hotel Development Co EBIT Historical Data

The historical data trend for Wanda Hotel Development 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.

Wanda Hotel Development Co EBIT Chart

Wanda Hotel Development Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

EBIT

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26.23

50.56

40.30

35.50

-109.19

Wanda Hotel Development Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
EBIT	Get a 7-Day Free Trial															24.81	25.48	10.11	-102.16	-3.68

Competitive Comparison of Wanda Hotel Development Co's EBIT

For the Resorts & Casinos subindustry, Wanda Hotel Development 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.

Wanda Hotel Development Co's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Wanda Hotel Development Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wanda Hotel Development Co's EV-to-EBIT falls into.

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Wanda Hotel Development 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-105.8 Mil.

Wanda Hotel Development Co (FRA:CL1A) EBIT Explanation

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

Wanda Hotel Development Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	37.156 * ( 1 - -3.02% )	/	( (462.721	+	346.981)	/ 2 )
=	38.2781112	/	404.851
=	9.45 %

where

	Invested Capital		(Q: Dec. 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	))
=	534.552	-	59.261	-	( 40.644	-	max(0, 76.844	-	89.414	+	40.644	))
=	462.721

	Invested Capital		(Q: Jun. 2024 )
=	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	))
=	421.465	-	53.17	-	( 42.155	-	max(0, 70.804	-	92.118	+	42.155	))
=	346.981

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Wanda Hotel Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-204.32	/	( ( (51.01 + max(-46.34, 0))	+	(46.534 + max(-38.056, 0)) )	/	2 )
=	-204.32	/	( ( 51.01	+	46.534 )	/	2 )
=	-204.32	/	48.772
=	-418.93 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(22.192	+	0.051	+	4.749)	-	(59.261	+	0	+	14.071)
=	-46.34

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(24.789	+	0.055	+	4.567)	-	(53.17	+	0	+	14.297)
=	-38.056

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

Wanda Hotel Development Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-105.837	/	306.358
	=	-34.55 %

Wanda Hotel Development Co EBIT Related Terms

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Wanda Hotel Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Wanda Hotel Development Co Ltd (FRA:CL1A) » Definitions » EBIT

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00169:Hong Kong

Address

Two Exchange Square, 8 Connaught Place, Unit 3007, 30th Floor, Central, Hong Kong, HKG

Website

https://www.wanda-hotel.com.hk

Wanda Hotel Development Co Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the following segments; hotel operation and management services which generates key revenue, hotel design and construction management services, and investment property leasing. It holds the Guilin Wanda Plaza project in China. Geographically, the company generates a majority of its revenue from the People's Republic of China, Hong Kong, and the rest from overseas markets.

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