GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Richly Field China Development Ltd (HKSE:00313) » Definitions » EBIT

Richly Field China Development (HKSE:00313) EBIT : HK$-156.03 Mil (TTM As of Sep. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Richly Field China Development EBIT?

Richly Field China Development's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was HK$-33.89 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-156.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Richly Field China Development's annualized ROC % for the quarter that ended in Sep. 2024 was -1.88%. Richly Field China Development's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -17.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Richly Field China Development's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -119.60%.


Richly Field China Development EBIT Historical Data

The historical data trend for Richly Field China Development'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.

Richly Field China Development EBIT Chart

Richly Field China Development 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 -210.81 -172.75 -73.76 1,472.90 -184.73

Richly Field China Development 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 1,490.70 -17.80 -62.60 -122.13 -33.89

Competitive Comparison of Richly Field China Development's EBIT

For the Real Estate - Development subindustry, Richly Field China Development'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.


Richly Field China Development's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Richly Field China Development's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Richly Field China Development's EV-to-EBIT falls into.


;
;

Richly Field China Development 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$-156.03 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.


Richly Field China Development  (HKSE:00313) EBIT Explanation

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

Richly Field China Development'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 )
=-28.868 * ( 1 - 3.67% )/( (1746.171 + 1214.999)/ 2 )
=-27.8085444/1480.585
=-1.88 %

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))
=1984.638 - 593.599 - ( 17.685 - max(0, 1279.206 - 924.074+17.685))
=1746.171

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))
=1975.986 - 1148.875 - ( 15.142 - max(0, 1319.698 - 931.81+15.142))
=1214.999

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:

Richly Field China Development'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 )
=-67.786/( ( (364.867 + max(34.791, 0)) + (359.503 + max(-540.285, 0)) )/ 2 )
=-67.786/( ( 399.658 + 359.503 )/ 2 )
=-67.786/379.5805
=-17.86 %

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)
=(1.255 + 716.119 + 12.47) - (593.599 + 0 + 101.454)
=34.791

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.658 + 731.245 + 9.1009999999999) - (1148.875 + 0 + 133.414)
=-540.285

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:

Richly Field China Development's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-156.025/130.461
=-119.60 %

* 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.


Richly Field China Development EBIT Related Terms

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


Richly Field China Development Business Description

Traded in Other Exchanges
N/A
Address
No. 223 Hing Fong Road, Unit 1504, 15th Floor, Tower 2, Metroplaza, Kwai Chung, New Territories, Hong Kong, HKG
Richly Field China Development Ltd is an investment holding company. The group is principally engaged in outlets commercial operation and development and operation of featured commercial properties (such as tourism property, senior care property and wine chateaus), development of high-end residential properties as well as property management. The group's revenue is derived from its property development and investment projects in Changsha, Hunan Province (Changsha Project), Qinhuangdao of Hebei Province (Qinhuangdao Project) and Ningxia, Yinchuan City (Ningxia Project) in the PRC.
Executives
Galaxy Sharp Investment Holdings Limited 2201 Interest of corporation controlled by you
Sino Dynamics Investments Limited 2201 Interest of corporation controlled by you
Wu Peipei 2201 Interest of corporation controlled by you
Wang Hua 2201 Interest of corporation controlled by you
Zhen Xuan Tou Zi You Xian Gong Si 2101 Beneficial owner
Du Wei 2201 Interest of corporation controlled by you
Quan Li Guo Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Jia Yue You Xian Gong Si 2101 Beneficial owner
Mei De Qi Ye You Xian Gong Si 2201 Interest of corporation controlled by you

Richly Field China Development Headlines

No Headlines