Lvgem (China) Real Estate Investment Co (HKSE:00095) EBIT : HK$-3,902 Mil (TTM As of Jun. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Lvgem (China) Real Estate Investment Co EBIT?

Lvgem (China) Real Estate Investment Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-826 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-3,902 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lvgem (China) Real Estate Investment Co's annualized ROC % for the quarter that ended in Jun. 2024 was 0.35%. Lvgem (China) Real Estate Investment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -4.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lvgem (China) Real Estate Investment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -9.06%.

Lvgem (China) Real Estate Investment Co EBIT Historical Data

The historical data trend for Lvgem (China) Real Estate Investment 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.

Lvgem (China) Real Estate Investment Co EBIT Chart

Lvgem (China) Real Estate Investment Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

EBIT

Get a 7-Day Free Trial

6,933.81

5,094.62

2,753.93

-109.36

-3,895.39

Lvgem (China) Real Estate Investment 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															-148.05	389.22	-498.58	-825.67	-3,076.53

Competitive Comparison of Lvgem (China) Real Estate Investment Co's EBIT

For the Real Estate - Development subindustry, Lvgem (China) Real Estate Investment 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.

Lvgem (China) Real Estate Investment Co's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lvgem (China) Real Estate Investment Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lvgem (China) Real Estate Investment Co's EV-to-EBIT falls into.

Save Embed

;

Save Embed

;

Lvgem (China) Real Estate Investment 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 HK$-3,902 Mil.

Lvgem (China) Real Estate Investment Co (HKSE:00095) EBIT Explanation

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

Lvgem (China) Real Estate Investment 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 )
=	368.894 * ( 1 - -0.62% )	/	( (106718.957	+	105946.724)	/ 2 )
=	371.1811428	/	106332.8405
=	0.35 %

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	))
=	115407.408	-	8156.497	-	( 531.954	-	max(0, 43072.444	-	65580.516	+	531.954	))
=	106718.957

	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	))
=	112997.129	-	6175.875	-	( 874.53	-	max(0, 39948.874	-	65088.798	+	874.53	))
=	105946.724

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:

Lvgem (China) Real Estate Investment 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 )
=	-1651.332	/	( ( (893.553 + max(35773.474, 0))	+	(847.918 + max(36463.016, 0)) )	/	2 )
=	-1651.332	/	( ( 36667.027	+	37310.934 )	/	2 )
=	-1651.332	/	36988.9805
=	-4.46 %

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)
=	(39.723	+	56554.381	+	1442.333)	-	(8156.497	+	0	+	14106.466)
=	35773.474

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(33.974	+	56871.934	+	1257.262)	-	(6175.875	+	0	+	15524.279)
=	36463.016

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:

Lvgem (China) Real Estate Investment Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-3902.192	/	43080.413
	=	-9.06 %

Lvgem (China) Real Estate Investment Co EBIT Related Terms

Thank you for viewing the detailed overview of Lvgem (China) Real Estate Investment Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Lvgem (China) Real Estate Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lvgem (China) Real Estate Investment Co Ltd (HKSE:00095) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

123 Hoi Bun Road, Unit 2501, NEO, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.lvgem-china.com

Lvgem (China) Real Estate Investment Co Ltd is a real estate developer and a commercial property operator. The company's reportable segments are Real estate development and sales segment include sales of properties; Commercial property investment and operations segment include lease of commercial properties, office premises, apartments and car parks and Comprehensive services segment includes hotel operation, property management service.The majority of its revenue is earned through Real estate development and sales segment. The Company's operations are located in the Mainland China, Hong Kong, the United States of America and Cambodia.

Executives

Greater Bay Area Homeland Development Fund (gp) Limited	2201 Interest of corporation controlled by you
Greater Bay Area Homeland Investments Limited	2201 Interest of corporation controlled by you
Poly Platinum Enterprises Limited	2101 Beneficial owner
China Construction Bank Corporation	2201 Interest of corporation controlled by you
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Gardner Aaron Luke (in The Capacity Of The Receiver)	2501 Other
Xu Jun Jia	2201 Interest of corporation controlled by you
Grand Beyond Limited	2201 Interest of corporation controlled by you
Huang Jingshu	2202 Interest of your spouse
Chan Tak Ho	2201 Interest of corporation controlled by you
Arte Capital I Gp Limited	2201 Interest of corporation controlled by you
Arte Holdings Limited	2201 Interest of corporation controlled by you
Arte Special Situation Fund, L.p.	2201 Interest of corporation controlled by you
Proud Pine Limited
Wong Hong King

Lvgem (China) Real Estate Investment Co Headlines

No Headlines