GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Capital Estate Ltd (HKSE:00193) » Definitions » EBIT

Capital Estate (HKSE:00193) EBIT : HK$-17.36 Mil (TTM As of Jan. 2024)


View and export this data going back to 1972. Start your Free Trial

What is Capital Estate EBIT?

Capital Estate's earnings before interest and taxes (EBIT) for the six months ended in Jan. 2024 was HK$4.91 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was HK$-17.36 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Capital Estate's annualized ROC % for the quarter that ended in Jan. 2024 was -3.80%. Capital Estate's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 3.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Capital Estate's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 8.91%.


Capital Estate EBIT Historical Data

The historical data trend for Capital Estate'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.

Capital Estate EBIT Chart

Capital Estate Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 216.55 -29.73 -16.87 -76.60 -34.53

Capital Estate Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 -52.45 -24.15 -12.26 -22.26 4.91

Competitive Comparison of Capital Estate's EBIT

For the Lodging subindustry, Capital Estate'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.


Capital Estate's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Capital Estate's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Capital Estate's EV-to-EBIT falls into.



Capital Estate 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-17.36 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.


Capital Estate  (HKSE:00193) EBIT Explanation

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

Capital Estate's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-19.734 * ( 1 - -0.92% )/( (522.784 + 524.513)/ 2 )
=-19.9155528/523.6485
=-3.80 %

where

Invested Capital(Q: Jul. 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))
=803.942 - 11.494 - ( 269.664 - max(0, 17.131 - 413.003+269.664))
=522.784

Invested Capital(Q: Jan. 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))
=805.273 - 11.252 - ( 269.508 - max(0, 15.092 - 405.519+269.508))
=524.513

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

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

Capital Estate's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9.814/( ( (216.994 + max(97.319, 0)) + (219.845 + max(113.417, 0)) )/ 2 )
=9.814/( ( 314.313 + 333.262 )/ 2 )
=9.814/323.7875
=3.03 %

where Working Capital is:

Working Capital(Q: Jul. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61.122 + 39.723 + 13.605) - (11.494 + 0 + 5.637)
=97.319

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(89.056 + 36.618 + 2.835) - (11.252 + 0 + 3.84)
=113.417

When net working capital is negative, 0 is used.

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

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

Capital Estate's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-17.356/-194.844
=8.91 %

* 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.


Capital Estate EBIT Related Terms

Thank you for viewing the detailed overview of Capital Estate's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Capital Estate (HKSE:00193) Business Description

Traded in Other Exchanges
N/A
Address
13th Floor, Bonham Majoris, 40 Bonham Strand, Sheung Wan, Hong Kong, HKG
Capital Estate Ltd is a Hong Kong-based investment holding company. The company operates through three segments: Hotel Operations which is engaged in hotel businesses and the provision of related services; Financial Investment segment which is involved in the trading of listed securities and other financial instruments; Property segment which engages in leasing and sales of properties and Consumer finance which involves provision of consumer finance service. The majority of its revenue is derived from the Financial Investment. Geographically, it generates maximum revenue from Mainland China.
Executives
Nichrome Limited 2101 Beneficial owner
Sio Lai Na 2201 Interest of corporation controlled by you
Supervalue Holdings Limited 2101 Beneficial owner
Chu Nin Yiu, Stephen 2201 Interest of corporation controlled by you
Ae Majoris Global Investment Limited 2101 Beneficial owner
Lao Im Ha 2202 Interest of your spouse
Sio Tak Hong 2101 Beneficial owner
Tsui Wing Tak 2201 Interest of corporation controlled by you

Capital Estate (HKSE:00193) Headlines

No Headlines