Cinda International Holdings (FRA:HNT) EBIT : €3.08 Mil (TTM As of Dec. 2023)

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What is Cinda International Holdings EBIT?

Cinda International Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €0.89 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €3.08 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cinda International Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 1.33%. Cinda International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cinda International Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -21.86%.

Cinda International Holdings EBIT Historical Data

The historical data trend for Cinda International 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.

Cinda International Holdings EBIT Chart

Cinda International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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11.17

13.07

10.52

1.10

3.07

Cinda International Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															2.42	-3.34	4.46	2.19	0.89

Competitive Comparison of Cinda International Holdings's EBIT

For the Capital Markets subindustry, Cinda International 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.

Cinda International Holdings's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cinda International Holdings's EV-to-EBIT distribution charts can be found below:

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

Cinda International 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 semi-annually data reported by the company within the most recent 12 months, which was €3.08 Mil.

Cinda International Holdings (FRA:HNT) EBIT Explanation

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

Cinda International 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: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	0.842 * ( 1 - -97.06% )	/	( (122.307	+	126.35)	/ 2 )
=	1.6592452	/	124.3285
=	1.33 %

where

	Invested Capital		(Q: Jun. 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	))
=	190.811	-	19.42	-	( 85.075	-	max(0, 77.733	-	126.817	+	85.075	))
=	122.307

	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	))
=	193.323	-	17.338	-	( 92.252	-	max(0, 81.728	-	131.363	+	92.252	))
=	126.35

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Cinda International 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: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1.778	/	( ( (5.138 + max(12.454, 0))	+	(4.048 + max(12.511, 0)) )	/	2 )
=	1.778	/	( ( 17.592	+	16.559 )	/	2 )
=	1.778	/	17.0755
=	10.41 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(34.517	+	0	+	1.973)	-	(19.42	+	0	+	4.616)
=	12.454

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(33.574	+	0	+	1.584)	-	(17.338	+	0	+	5.309)
=	12.511

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	3.079	/	-14.086
	=	-21.86 %

Cinda International Holdings EBIT Related Terms

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Cinda International Holdings (FRA:HNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cinda International Holdings Ltd (FRA:HNT) » Definitions » EBIT

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Traded in Other Exchanges

00111:Hong Kong

Address

183 Queen’s Road Central, 45th Floor, COSCO Tower, Hong Kong, HKG

Website

https://www.cinda.com.hk

Cinda International Holdings Ltd provides financial services including asset management, corporate financial advisory services, securities brokering, commodities, and futures brokering, and financial planning and insurance brokering. Its segments consist of Asset management; Sales and trading business; and Corporate finance. It derives majority of the revenue from Sales and trading business that provides brokering services in securities, equity-linked products, unit trusts and stock options commodities and futures contracts traded in Hong Kong and selected overseas markets, underwriting, placing and margin financing services to those brokering clients, and acting as an agent for the sale of savings plans, general and life insurance and other investment-linked insurance products.