Meta Media Holdings (HKSE:00072) EBIT : HK$-14.3 Mil (TTM As of Jun. 2024)

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What is Meta Media Holdings EBIT?

Meta Media Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-8.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-14.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Meta Media Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was -6.28%. Meta Media Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -4.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Meta Media Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -5.44%.

Meta Media Holdings EBIT Historical Data

The historical data trend for Meta Media 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.

Meta Media Holdings EBIT Chart

Meta Media Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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7.58

-76.90

11.43

-69.64

-22.64

Meta Media Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial															-10.68	-59.47	-16.36	-6.28	-7.98

Competitive Comparison of Meta Media Holdings's EBIT

For the Advertising Agencies subindustry, Meta Media 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.

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

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

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

Meta Media 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-14.3 Mil.

Meta Media Holdings (HKSE:00072) EBIT Explanation

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

Meta Media Holdings'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 )
=	-32.018 * ( 1 - -4.5% )	/	( (561.317	+	504.475)	/ 2 )
=	-33.45881	/	532.896
=	-6.28 %

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	))
=	741	-	152.266	-	( 39.295	-	max(0, 352.46	-	379.877	+	39.295	))
=	561.317

	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	))
=	649.232	-	126.029	-	( 35.425	-	max(0, 326.116	-	344.844	+	35.425	))
=	504.475

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:

Meta Media Holdings'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 )
=	-15.96	/	( ( (194.264 + max(176.585, 0))	+	(141.752 + max(170.128, 0)) )	/	2 )
=	-15.96	/	( ( 370.849	+	311.88 )	/	2 )
=	-15.96	/	341.3645
=	-4.68 %

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)
=	(166.767	+	96.521	+	72.249)	-	(152.266	+	0	+	6.686)
=	176.585

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(136.454	+	96.003	+	70.241)	-	(126.029	+	0	+	6.541)
=	170.128

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-14.264	/	262.232
	=	-5.44 %

Meta Media Holdings EBIT Related Terms

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Meta Media Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Meta Media Holdings Ltd (HKSE:00072) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 1 Software Park Road, Units 213, 2nd Floor, Block 2, Exhibition Centre, Guangdong Province, Zhuhai, CHN

Website

https://www.metamediahldg.com

Meta Media Holdings Ltd is an investment holding company principally engaged in media businesses. It operates through two segments. The Art platform segment contributes the majority of the firm's revenue and is engaged in the sales of advertising spaces in magazines, the publication, and distribution of its magazines and periodicals, artwork trading, an auction, as well as art exhibition and education. The Digital platform segment is engaged in the publication of digital media products and sales of advertising spaces through a digital media platform, as well as the production of customized content for brand advertisers. The company operates in China, Hong Kong, and the United Kingdom, out of which China accounts for the majority of its revenue.

Executives

Zhou Shao-min	2202 Interest of your spouse
Shao Zhong	2101 Beneficial owner

Meta Media Holdings Headlines

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