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Winshine Science Co (HKSE:00209) EBIT : HK$-12.0 Mil (TTM As of Jun. 2024)


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What is Winshine Science Co EBIT?

Winshine Science Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-19.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-12.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Winshine Science Co's annualized ROC % for the quarter that ended in Jun. 2024 was -13.42%. Winshine Science Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -31.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Winshine Science Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -4.57%.


Winshine Science Co EBIT Historical Data

The historical data trend for Winshine Science 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.

Winshine Science Co EBIT Chart

Winshine Science Co 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 -18.69 -88.67 -113.79 26.12 -7.41

Winshine Science Co 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 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 21.03 5.09 -14.50 7.09 -19.14

Competitive Comparison of Winshine Science Co's EBIT

For the Leisure subindustry, Winshine Science 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.


Winshine Science Co's EV-to-EBIT Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Winshine Science Co's EV-to-EBIT falls into.



Winshine Science 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$-12.0 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.


Winshine Science Co  (HKSE:00209) EBIT Explanation

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

Winshine Science 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 )
=-51.894 * ( 1 - -0.06% )/( (405.497 + 368.279)/ 2 )
=-51.9251364/386.888
=-13.42 %

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))
=414.325 - 194.012 - ( 119.335 - max(0, 477.091 - 291.907+119.335))
=405.497

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))
=396.416 - 230.088 - ( 16.137 - max(0, 479.521 - 277.57+16.137))
=368.279

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:

Winshine Science 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 )
=-38.282/( ( (121.514 + max(-88.533, 0)) + (117.864 + max(2.086, 0)) )/ 2 )
=-38.282/( ( 121.514 + 119.95 )/ 2 )
=-38.282/120.732
=-31.71 %

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)
=(70.482 + 75.974 + 0) - (194.012 + 0 + 40.977)
=-88.533

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(124.794 + 107.768 + 0) - (230.088 + 0 + 0.38800000000003)
=2.086

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:

Winshine Science Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-12.048/263.654
=-4.57 %

* 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.


Winshine Science Co EBIT Related Terms

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Winshine Science Co Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Room 907B, 9th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
Winshine Science Co Ltd is an investment holding company. The company's segment includes Toys and Agricultural products. It generates maximum revenue from the Toys segment. The toys segment derives its revenue from manufacturing for the sale of toys. Agricultural products: this segment derives its revenue from planting agricultural products for sale. Its geographical segments are Hong Kong, PRC, China, the United States, Europe, Australia, Japan, and Korea, of which the majority of its revenue comes from the United States.
Executives
U Credit (hk) Limited 2106 Person having a security interest in shares
Hong Kong Huiheng Trading And Investment Co., Limited 2101 Beneficial owner
Jiang Qinghui 2201 Interest of corporation controlled by you
Wang Honggang 2101 Beneficial owner
Csc Holdings Limited 2106 Person having a security interest in shares
Hurray Talent Investment Development Limited 2101 Beneficial owner
Li Zhonghai 2201 Interest of corporation controlled by you
Liu Lian 2201 Interest of corporation controlled by you
Richsun Investment Development Limited 2101 Beneficial owner
Csc Holdings Limited (formerly Known As "china Strategic Holdings Limited") 2106 Person having a security interest in shares
China Strategic Holdings Limited 2106 Person having a security interest in shares
Shen Jia 2101 Beneficial owner

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