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Oriental Enterprise Holdings (HKSE:00018) EBIT : HK$145.4 Mil (TTM As of Sep. 2023)


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What is Oriental Enterprise Holdings EBIT?

Oriental Enterprise Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was HK$35.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$145.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Oriental Enterprise Holdings's annualized ROC % for the quarter that ended in Sep. 2023 was 4.57%. Oriental Enterprise Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 11.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Oriental Enterprise Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 23.07%.


Oriental Enterprise Holdings EBIT Historical Data

The historical data trend for Oriental Enterprise 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.

Oriental Enterprise Holdings EBIT Chart

Oriental Enterprise Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.97 -12.04 236.22 199.66 213.04

Oriental Enterprise Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 90.22 109.44 103.20 109.84 35.59

Competitive Comparison of Oriental Enterprise Holdings's EBIT

For the Publishing subindustry, Oriental Enterprise 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.


Oriental Enterprise Holdings's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Oriental Enterprise Holdings's EV-to-EBIT distribution charts can be found below:

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



Oriental Enterprise 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$145.4 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.


Oriental Enterprise Holdings  (HKSE:00018) EBIT Explanation

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

Oriental Enterprise Holdings's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=69.544 * ( 1 - 8.54% )/( (1160.592 + 1623.007)/ 2 )
=63.6049424/1391.7995
=4.57 %

where

Invested Capital(Q: Mar. 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))
=1892.177 - 66.389 - ( 665.196 - max(0, 86.163 - 1119.815+665.196))
=1160.592

Invested Capital(Q: Sep. 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))
=1948.405 - 72.169 - ( 253.229 - max(0, 128.388 - 1204.685+253.229))
=1623.007

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

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

Oriental Enterprise Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=71.172/( ( (419.186 + max(67.883, 0)) + (408.643 + max(328.152, 0)) )/ 2 )
=71.172/( ( 487.069 + 736.795 )/ 2 )
=71.172/611.932
=11.63 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(58.774 + 74.483 + 13.217) - (66.389 + 0 + 12.202)
=67.883

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(44.421 + 77.325 + 290.503) - (72.169 + 0 + 11.928)
=328.152

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=145.425/630.333
=23.07 %

* 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.


Oriental Enterprise Holdings EBIT Related Terms

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Oriental Enterprise Holdings (HKSE:00018) Business Description

Traded in Other Exchanges
Address
23 Dai Cheong Street, Oriental Media Centre, Tai Po Industrial Estate, Hong Kong, HKG
Oriental Enterprise Holdings Ltd, formerly Oriental Press Group Ltd is a Hong Kong-based company engaged in the publication of newspapers including internet subscription and advertising income. The firm operates in the reportable segments of Publication of newspapers, Money lending business and Others. The Publication of newspapers segment, which acts as a major revenue earner, includes internet subscription and relevant advertising income. The revenue of other operating segments includes rental income from investment properties, license fee income from hotel property and income from restaurant operation. It has a geographic presence in Hong Kong and Australia.
Executives
Conyers Trustee Services (bvi) Limited 2301 Trustee
Marsun Holdings Limited 2201 Interest of corporation controlled by you
Ocean Greatness Limited 2201 Interest of corporation controlled by you
Ever Holdings Limited 2101 Beneficial owner
Hung Mui Fong 2202 Interest of your spouse
Ma Ching Fat 2307 Founder of a discretionary trust who can infl

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