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Tern Properties Co (HKSE:00277) EBIT : HK$-70.61 Mil (TTM As of Sep. 2024)


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What is Tern Properties Co EBIT?

Tern Properties Co's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was HK$-53.35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-70.61 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tern Properties Co's annualized ROC % for the quarter that ended in Sep. 2024 was 0.54%. Tern Properties Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -646.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tern Properties Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -37.35%.


Tern Properties Co EBIT Historical Data

The historical data trend for Tern Properties 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.

Tern Properties Co EBIT Chart

Tern Properties Co 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 -517.25 -122.44 -47.75 -69.77 -4.16

Tern Properties Co 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 -11.35 -58.43 13.10 -17.26 -53.35

Competitive Comparison of Tern Properties Co's EBIT

For the Real Estate Services subindustry, Tern Properties 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.


Tern Properties Co's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tern Properties Co's EV-to-EBIT distribution charts can be found below:

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



Tern Properties 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-70.61 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.


Tern Properties Co  (HKSE:00277) EBIT Explanation

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

Tern Properties Co'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 )
=12.042 * ( 1 - -3.14% )/( (2351.993 + 2274.839)/ 2 )
=12.4201188/2313.416
=0.54 %

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))
=2683.198 - 3.897 - ( 331.831 - max(0, 20.057 - 347.365+331.831))
=2351.993

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:

Tern Properties Co'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 )
=-106.696/( ( (16.765 + max(-4.672, 0)) + (16.22 + max(-5.343, 0)) )/ 2 )
=-106.696/( ( 16.765 + 16.22 )/ 2 )
=-106.696/16.4925
=-646.94 %

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)
=(2.15 + 0 + 9.851) - (3.897 + 0 + 12.776)
=-4.672

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.36 + 0 + 1.652) - (7.97 + 0 + 9.385)
=-5.343

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-70.611/189.044
=-37.35 %

* 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.


Tern Properties Co EBIT Related Terms

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Tern Properties Co Business Description

Traded in Other Exchanges
N/A
Address
237 Queen's Road Central, 26th Floor, Tern Centre, Tower I, Hong Kong, HKG
Tern Properties Co Ltd is a Hong Kong-based company involved in the Property investment business where the company buys, sells, and leases properties as well as in the Treasury investment business where the company is engaged in investing in debt and equity securities. Geographically, the group principally operates in Hong Kong. The company generates key income from the Property investment business.
Executives
Chan Hoi Sow 2305 Beneficiary of a trust
Chan Loo Kuo Pin 2202 Interest of your spouse
Chan Yan Tin Andrew 2305 Beneficiary of a trust
Chan Yan Lam Alan 2305 Beneficiary of a trust
Chan Yan Wai Emily 2305 Beneficiary of a trust
Global Heritage Group Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Beyers Investments Limited 2201 Interest of corporation controlled by you
Noranger Company Limited 2101 Beneficial owner
Chan Yan Mei Mary-ellen
Credit Suisse Trust Limited 2301 Trustee
Smartprint Development Limited
Evergrade Investments Limited
Builtwin Ltd. 2101 Beneficial owner
Hon Nicholas 2201 Interest of corporation controlled by you

Tern Properties Co Headlines

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