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Dickson Concepts (International) (HKSE:00113) EBIT : HK$326 Mil (TTM As of Sep. 2024)


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What is Dickson Concepts (International) EBIT?

Dickson Concepts (International)'s earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was HK$161 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was HK$326 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dickson Concepts (International)'s annualized ROC % for the quarter that ended in Sep. 2024 was 16.75%. Dickson Concepts (International)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 122.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dickson Concepts (International)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -32.55%.


Dickson Concepts (International) EBIT Historical Data

The historical data trend for Dickson Concepts (International)'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.

Dickson Concepts (International) EBIT Chart

Dickson Concepts (International) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 737.96 565.73 274.82 325.09 421.92

Dickson Concepts (International) Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 197.88 127.21 256.51 165.41 160.52

Competitive Comparison of Dickson Concepts (International)'s EBIT

For the Luxury Goods subindustry, Dickson Concepts (International)'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.


Dickson Concepts (International)'s EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dickson Concepts (International)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dickson Concepts (International)'s EV-to-EBIT falls into.


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Dickson Concepts (International) 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$326 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.


Dickson Concepts (International)  (HKSE:00113) EBIT Explanation

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

Dickson Concepts (International)'s annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=279.968 * ( 1 - 4.47% )/( (1806.973 + 1386.3)/ 2 )
=267.4534304/1596.6365
=16.75 %

where

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))
=5358.425 - 386.979 - ( 4124.233 - max(0, 1381.132 - 4545.605+4124.233))
=1806.973

Invested Capital(Q: Sep. 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))
=4969.478 - 323.795 - ( 3948.038 - max(0, 1066.528 - 4325.911+3948.038))
=1386.3

Note: The Operating Income data used here is two times the semi-annual (Sep. 2024) data.

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

Dickson Concepts (International)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=321.044/( ( (275.1 + max(-109.858, 0)) + (248.7 + max(-70.384, 0)) )/ 2 )
=321.044/( ( 275.1 + 248.7 )/ 2 )
=321.044/261.9
=122.58 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(92.198 + 199.716 + 16.619999999999) - (386.979 + 0 + 31.413)
=-109.858

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(64.813 + 187.495 + 13.608) - (323.795 + 0 + 12.505)
=-70.384

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=325.928/-1001.173
=-32.55 %

* 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.


Dickson Concepts (International) EBIT Related Terms

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Dickson Concepts (International) Business Description

Traded in Other Exchanges
Address
98 Granville Road, 4th Floor East Ocean Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG
Dickson Concepts (International) Ltd is a Hong Kong-based investment holding company engaged in the manufacturing and distribution of luxury lighters, writing instruments, leather goods, accessories, ready-to-wear clothing, watches, and fragrances. The group manages its businesses under two divisions namely, the Luxury Goods and Securities Investment business, of which it generates a majority of revenue from the Luxury goods segment. Geographically the firm has a presence in Hong Kong, Taiwan, and other territories, of which key revenue is generated from Hong Kong. The Luxury goods segment includes the sale of luxury goods to retail and wholesale customers and net income from concession and consignment sales.
Executives
Dickson Investment Holding (ptc) Corporation 2301 Trustee
Paicolex Trust Company (bvi) Limited 2301 Trustee
Paicolex Trust Management Ag 2301 Trustee
Poon Dickson Pearson Guanda 2501 Other
Poon Dickson 2307 Founder of a discretionary trust who can infl
Yu Kwai Chu, Pearl 2202 Interest of your spouse

Dickson Concepts (International) Headlines

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