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Tianli Holdings Group (HKSE:00117) EBIT : HK$-176.1 Mil (TTM As of Dec. 2023)


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What is Tianli Holdings Group EBIT?

Tianli Holdings Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-110.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-176.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tianli Holdings Group's annualized ROC % for the quarter that ended in Dec. 2023 was -2.32%. Tianli Holdings Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -18.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tianli Holdings Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -17.99%.


Tianli Holdings Group EBIT Historical Data

The historical data trend for Tianli Holdings Group'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.

Tianli Holdings Group EBIT Chart

Tianli Holdings Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -106.25 17.04 98.81 -48.64 -176.13

Tianli Holdings Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 49.72 -43.51 -7.19 -65.87 -110.27

Competitive Comparison of Tianli Holdings Group's EBIT

For the Electronic Components subindustry, Tianli Holdings Group'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.


Tianli Holdings Group's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tianli Holdings Group's EV-to-EBIT distribution charts can be found below:

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



Tianli Holdings Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-176.1 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.


Tianli Holdings Group  (HKSE:00117) EBIT Explanation

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

Tianli Holdings Group's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-36.888 * ( 1 - -21.16% )/( (1954.734 + 1905.102)/ 2 )
=-44.6935008/1929.918
=-2.32 %

where

Invested Capital(Q: Jun. 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))
=2233.142 - 270.805 - ( 320.581 - max(0, 909.04 - 916.643+320.581))
=1954.734

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))
=2202.641 - 251.8 - ( 441.638 - max(0, 1053.993 - 1099.732+441.638))
=1905.102

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

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

Tianli Holdings Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-220.534/( ( (999.682 + max(168.388, 0)) + (1031.141 + max(246.109, 0)) )/ 2 )
=-220.534/( ( 1168.07 + 1277.25 )/ 2 )
=-220.534/1222.66
=-18.04 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(249.814 + 189.379 + 0) - (270.805 + 0 + 0)
=168.388

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(277.881 + 213.63 + 15.571) - (251.8 + 0 + 9.173)
=246.109

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-176.133/979.310
=-17.99 %

* 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.


Tianli Holdings Group EBIT Related Terms

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Tianli Holdings Group (HKSE:00117) Business Description

Traded in Other Exchanges
N/A
Address
99 Queen’s Road Central, Suites 2711-12, 27th Floor, The Center, Hong Kong, HKG
Tianli Holdings Group Ltd is an investment holding company principally engaged in the manufacturing and sales of electronic products with current focus on multi-layer ceramic chips (MLCC) products. It also provides financial services including direct investments in debt, equity and any other assets, asset management, and financial advisory services. The company operates in Mainland China, Hong Kong, and Other countries.

Tianli Holdings Group (HKSE:00117) Headlines

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