Hi-Great Group Holding Co (Hi-Great Group Holding Co) EBIT : $-0.11 Mil (TTM As of Mar. 2024)

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What is Hi-Great Group Holding Co EBIT?

Hi-Great Group Holding Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.11 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hi-Great Group Holding Co's annualized ROC % for the quarter that ended in Mar. 2024 was -59.26%. Hi-Great Group Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -57.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hi-Great Group Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -589.47%.

Hi-Great Group Holding Co EBIT Historical Data

The historical data trend for Hi-Great Group Holding 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.

Hi-Great Group Holding Co EBIT Chart

Hi-Great Group Holding Co Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-0.12

Hi-Great Group Holding Co Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial					-0.01	-0.06	-0.03	-0.02	-

Competitive Comparison of Hi-Great Group Holding Co's EBIT

For the Packaged Foods subindustry, Hi-Great Group Holding 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.

Hi-Great Group Holding Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hi-Great Group Holding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hi-Great Group Holding Co's EV-to-EBIT falls into.

Hi-Great Group Holding 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.11 Mil.

Hi-Great Group Holding Co (OTCPK:HIGR) EBIT Explanation

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

Hi-Great Group Holding Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-0.016 * ( 1 - 0% )	/	( (0.027	+	0.027)	/ 2 )
=	-0.016	/	0.027
=	-59.26 %

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	))
=	0.084	-	0.172	-	( 0.001	-	max(0, 0.172	-	0.057	+	0.001	))
=	0.027

	Invested Capital		(Q: Mar. 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	))
=	0.082	-	0.175	-	( 0.002	-	max(0, 0.175	-	0.055	+	0.002	))
=	0.027

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Hi-Great Group Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.016	/	( ( (0.028 + max(-0.116, 0))	+	(0.028 + max(-0.122, 0)) )	/	2 )
=	-0.016	/	( ( 0.028	+	0.028 )	/	2 )
=	-0.016	/	0.028
=	-57.14 %

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)
=	(0	+	0.054	+	0.002)	-	(0.172	+	0	+	0)
=	-0.116

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0.051	+	0.002)	-	(0.175	+	0	+	0)
=	-0.122

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Hi-Great Group Holding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-0.112	/	0.019
	=	-589.47 %

Hi-Great Group Holding Co EBIT Related Terms

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Hi-Great Group Holding Co (Hi-Great Group Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hi-Great Group Holding Co (OTCPK:HIGR) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

50 West Liberty Street, Suite 880, Reno, NV, USA, 89501

Website

http://www.asia-great.com

Hi-Great Group Holding Co is a development stage company that engages in sale of herbal supplements.

Hi-Great Group Holding Co (Hi-Great Group Holding Co) Headlines

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