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Four Seas Mercantile Holdings (HKSE:00374) EBIT : HK$91 Mil (TTM As of Mar. 2024)


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What is Four Seas Mercantile Holdings EBIT?

Four Seas Mercantile Holdings's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was HK$35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was HK$91 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Four Seas Mercantile Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was 2.52%. Four Seas Mercantile Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Four Seas Mercantile Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.05%.


Four Seas Mercantile Holdings EBIT Historical Data

The historical data trend for Four Seas Mercantile Holdings'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.

Four Seas Mercantile Holdings EBIT Chart

Four Seas Mercantile Holdings 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 32.11 85.14 69.04 57.53 95.58

Four Seas Mercantile Holdings 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 57.88 -0.34 60.51 35.07 56.03

Competitive Comparison of Four Seas Mercantile Holdings's EBIT

For the Packaged Foods subindustry, Four Seas Mercantile Holdings'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.


Four Seas Mercantile Holdings's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Four Seas Mercantile Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Four Seas Mercantile Holdings's EV-to-EBIT falls into.



Four Seas Mercantile Holdings 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$91 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.


Four Seas Mercantile Holdings  (HKSE:00374) EBIT Explanation

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

Four Seas Mercantile Holdings's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=93.928 * ( 1 - 40.6% )/( (2255.035 + 2181.673)/ 2 )
=55.793232/2218.354
=2.52 %

where

Invested Capital(Q: Sep. 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))
=3008.143 - 527.115 - ( 646.611 - max(0, 1540.932 - 1766.925+646.611))
=2255.035

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))
=2928.143 - 505.306 - ( 684.548 - max(0, 1478.803 - 1719.967+684.548))
=2181.673

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

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

Four Seas Mercantile Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=70.136/( ( (767.092 + max(456.156, 0)) + (740.905 + max(402.026, 0)) )/ 2 )
=70.136/( ( 1223.248 + 1142.931 )/ 2 )
=70.136/1183.0895
=5.93 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(661.934 + 320.068 + 1.269) - (527.115 + 0 + 0)
=456.156

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(625.047 + 269.28 + 13.005) - (505.306 + 0 + 2.2737367544323E-13)
=402.026

When net working capital is negative, 0 is used.

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

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

Four Seas Mercantile Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=91.093/1506.666
=6.05 %

* 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.


Four Seas Mercantile Holdings EBIT Related Terms

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Four Seas Mercantile Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 23 Wang Tai Road, 21st Floor, Manhattan Place, Kowloon Bay, Kowloon, Hong Kong, HKG
Four Seas Mercantile Holdings Ltd is an investment holding company. The company's geographical segment includes Hong Kong; Mainland China and Japan. It generates maximum revenue from Hong Kong. The Hong Kong segment is engaged in the operation of restaurants, the manufacture and trading of snack foods, confectionery, beverages, frozen food products, ham and ham-related products and noodles, as well as the retailing of snack foods, confectionery and beverages, and providing catering services in Hong Kong.
Executives
Advance Finance Investments Limited
Capital Season Investments Limited
Hong Kong Food Investment Holdings Limited
Tai Tak Fung
Wu Mei Yung
Manureen Holdings Limited 2101 Beneficial owner
Realord Group Holdings Limited 2101 Beneficial owner
Lin Xiaohui 2201 Interest of corporation controlled by you
Su Jiaohua 2202 Interest of your spouse
Special Access Limited
Careful Guide Limited

Four Seas Mercantile Holdings Headlines

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