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Cocoon Holdings (HKSE:00428) EBIT : HK$4.90 Mil (TTM As of Dec. 2023)


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What is Cocoon Holdings EBIT?

Cocoon Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$23.42 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$4.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cocoon Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 1,252.42%. Cocoon Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 158,793.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cocoon Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -3.45%.


Cocoon Holdings EBIT Historical Data

The historical data trend for Cocoon 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.

Cocoon Holdings EBIT Chart

Cocoon Holdings 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 -31.63 -2.60 -26.99 -46.02 54.54

Cocoon Holdings 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 -33.09 -12.93 31.12 23.42 -18.52

Competitive Comparison of Cocoon Holdings's EBIT

For the Capital Markets subindustry, Cocoon 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.


Cocoon Holdings's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cocoon Holdings's EV-to-EBIT distribution charts can be found below:

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



Cocoon 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$4.90 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.


Cocoon Holdings  (HKSE:00428) EBIT Explanation

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

Cocoon Holdings'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 )
=53.516 * ( 1 - 0% )/( (4.211 + 4.335)/ 2 )
=53.516/4.273
=1,252.42 %

where

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:

Cocoon Holdings'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 )
=46.844/( ( (0.059 + max(-2.185, 0)) + (0 + max(-2.103, 0)) )/ 2 )
=46.844/( ( 0.059 + 0 )/ 2 )
=46.844/0.0295
=158,793.22 %

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)
=(0 + 0 + 0.31900000000002) - (2.504 + 0 + -8.8817841970013E-16)
=-2.185

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.33799999999999) - (2.441 + 0 + 0)
=-2.103

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=4.901/-142.136
=-3.45 %

* 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.


Cocoon Holdings EBIT Related Terms

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Cocoon Holdings Business Description

Traded in Other Exchanges
N/A
Address
61 Connaught Road Central, Room 14A, Fortune House, Central, Hong Kong, HKG
Cocoon Holdings Ltd is a Hong Kong-based investment holding company engaged in investment activities. The Group's business activity is organized into a single operating segment, being investments in securities listed on recognized stock exchanges and unlisted investments with a potential for earnings growth and capital appreciation The Group's revenue comprised dividend income, interest earned from bank deposits and loans and receivables. The group mainly operates its businesses in Hong Kong.
Executives
Yu Po Kwan 2101 Beneficial owner
Solution Smart Holdings Limited 2101 Beneficial owner
Sw Venture Asia Limited 2201 Interest of corporation controlled by you
Yeung Shing Wai 2201 Interest of corporation controlled by you

Cocoon Holdings Headlines

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