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Daido Group (HKSE:00544) EBIT : HK$-14.5 Mil (TTM As of Jun. 2024)


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What is Daido Group EBIT?

Daido Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-13.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-14.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Daido Group's annualized ROC % for the quarter that ended in Jun. 2024 was -13.11%. Daido Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -18.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Daido Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -7.59%.


Daido Group EBIT Historical Data

The historical data trend for Daido Group'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.

Daido Group EBIT Chart

Daido Group 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 -43.78 -21.30 -64.06 18.33 25.36

Daido Group 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 9.61 8.72 26.88 -1.51 -13.00

Competitive Comparison of Daido Group's EBIT

For the Specialty Business Services subindustry, Daido Group'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.


Daido Group's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Daido Group's EV-to-EBIT distribution charts can be found below:

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


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Daido Group 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-14.5 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.


Daido Group  (HKSE:00544) EBIT Explanation

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

Daido Group's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-38.178 * ( 1 - 0% )/( (270.092 + 312.384)/ 2 )
=-38.178/291.238
=-13.11 %

where

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

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

Daido Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-25.992/( ( (79.976 + max(86.578, 0)) + (87.336 + max(24.039, 0)) )/ 2 )
=-25.992/( ( 166.554 + 111.375 )/ 2 )
=-25.992/138.9645
=-18.70 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(44.542 + 0.886 + 62.967) - (7.582 + 0 + 14.235)
=86.578

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(40.678 + 1.366 + 0) - (12.312 + 0 + 5.693)
=24.039

When net working capital is negative, 0 is used.

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

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

Daido Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-14.509/191.192
=-7.59 %

* 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.


Daido Group EBIT Related Terms

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Daido Group Business Description

Traded in Other Exchanges
N/A
Address
No. 51 Kwai Cheong Road, Unit No. 1301, Level 13, Tower 1, Kowloon Commerce Centre, Kwai Chung, New Territories, Hong Kong, HKG
Daido Group Ltd is an investment holding company engaged in cold storage and related services business, trading and sales of food and beverage business, and investment holding. It has two segments Cold storage and related services in Hong Kong; and Trading and sales of food and beverage in the PRC and Hong Kong. It generates the majority of its revenue from the Cold storage and Related Services segment. The company generates the majority of its revenue from Hong Kong.
Executives
Fung Pak Kei 2101 Beneficial owner
Ho Hon Chung, Ivan 2101 Beneficial owner
Great Virtue Holding Limited 2101 Beneficial owner
Ever Achieve Enterprises Limited 2101 Beneficial owner
Grand Legacy Holdings Limited 2201 Interest of corporation controlled by you
Premium Access Holdings Limited 2201 Interest of corporation controlled by you
Kong William Waileung 2201 Interest of corporation controlled by you

Daido Group Headlines

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