Huayi Tencent Entertainment Co (HKSE:00419) EBIT : HK$-116 Mil (TTM As of Dec. 2023)

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What is Huayi Tencent Entertainment Co EBIT?

Huayi Tencent Entertainment Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-116 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Huayi Tencent Entertainment Co's annualized ROC % for the quarter that ended in Dec. 2023 was -27.78%. Huayi Tencent Entertainment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -471.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Huayi Tencent Entertainment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -7.90%.

Huayi Tencent Entertainment Co EBIT Historical Data

The historical data trend for Huayi Tencent Entertainment 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.

Huayi Tencent Entertainment Co EBIT Chart

Huayi Tencent Entertainment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-24.10

-48.27

-139.57

-316.63

-116.03

Huayi Tencent Entertainment Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															-131.91	-140.64	-175.99	-55.96	-60.07

Competitive Comparison of Huayi Tencent Entertainment Co's EBIT

For the Leisure subindustry, Huayi Tencent Entertainment 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.

Huayi Tencent Entertainment Co's EV-to-EBIT Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Huayi Tencent Entertainment Co's EV-to-EBIT falls into.

Huayi Tencent Entertainment 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-116 Mil.

Huayi Tencent Entertainment Co (HKSE:00419) EBIT Explanation

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

Huayi Tencent Entertainment Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-112 * ( 1 - 0.46% )	/	( (385.186	+	417.576)	/ 2 )
=	-111.4848	/	401.381
=	-27.78 %

where

	Invested Capital		(Q: Jun. 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	))
=	568.476	-	167.108	-	( 27.891	-	max(0, 242.185	-	258.367	+	27.891	))
=	385.186

	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	))
=	526.292	-	182.872	-	( 32.086	-	max(0, 267.301	-	193.145	+	32.086	))
=	417.576

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Huayi Tencent Entertainment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-120.136	/	( ( (31.026 + max(-70.125, 0))	+	(19.983 + max(-87.022, 0)) )	/	2 )
=	-120.136	/	( ( 31.026	+	19.983 )	/	2 )
=	-120.136	/	25.5045
=	-471.04 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(93.583	+	5.771	+	0)	-	(167.108	+	0	+	2.371)
=	-70.125

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(96.436	+	4.332	+	2.8421709430404E-14)	-	(182.872	+	0	+	4.9179999999999)
=	-87.022

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Huayi Tencent Entertainment Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-116.031	/	1468.450
	=	-7.90 %

Huayi Tencent Entertainment Co EBIT Related Terms

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Huayi Tencent Entertainment Co (HKSE:00419) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Huayi Tencent Entertainment Co Ltd (HKSE:00419) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

HUYTF:USA

Address

89 Queensway, Suite 908, 9th Floor, Tower Two, Lippo Centre, Hong Kong, HKG

Website

http://www.huayitencent.com

Huayi Tencent Entertainment Co Ltd is a new media company integrating culture and entertainment. The business activities of the group function through Echartnow, Meerkat Health, Entertainment & Media, and Healthcare & Wellness Services. Echartnow segment includes Online prescription, circulation, and marketing of pharmaceutical products. Meerkat Health segment includes an Internet healthcare management platform. Its geographical segments include China, Hong Kong, and Other countries.

Executives

Zhao John Huan	2201 Interest of corporation controlled by you
Exponential Fortune Group Limited	2201 Interest of corporation controlled by you
Hony Capital Group, L.p.	2201 Interest of corporation controlled by you
Hony Group Management Limited	2201 Interest of corporation controlled by you
Hony Managing Partners Limited	2201 Interest of corporation controlled by you
United Strength Ls Limited	2101 Beneficial owner
United Strength Youthful Limited	2201 Interest of corporation controlled by you
Zhao John Huan	2201 Interest of corporation controlled by you
Huayi Brothers International Limited	2101 Beneficial owner
Huayi Brothers Media Corporation	2201 Interest of corporation controlled by you
Greater Harmony Limited	2101 Beneficial owner
Ko Chun Shun, Johnson	2201 Interest of corporation controlled by you
Yuen Hoi Po	2101 Beneficial owner
Smart Concept Enterprise Limited	2101 Beneficial owner

Huayi Tencent Entertainment Co (HKSE:00419) Headlines

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