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Digital Domain Holdings (HKSE:00547) EBIT : HK$-435.2 Mil (TTM As of Dec. 2023)


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What is Digital Domain Holdings EBIT?

Digital Domain Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-184.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-435.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Digital Domain Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -12.19%. Digital Domain Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -296.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Digital Domain Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -22.17%.


Digital Domain Holdings EBIT Historical Data

The historical data trend for Digital Domain 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.

Digital Domain Holdings EBIT Chart

Digital Domain 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 -325.18 -571.89 -753.53 -190.71 -435.16

Digital Domain Holdings 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 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 -644.38 -115.07 -75.65 -250.37 -184.79

Competitive Comparison of Digital Domain Holdings's EBIT

For the Entertainment subindustry, Digital Domain 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.


Digital Domain Holdings's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Digital Domain Holdings's EV-to-EBIT distribution charts can be found below:

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



Digital Domain 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$-435.2 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.


Digital Domain Holdings  (HKSE:00547) EBIT Explanation

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

Digital Domain 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 )
=-102.398 * ( 1 - -1.07% )/( (917.1 + 780.488)/ 2 )
=-103.4936586/848.794
=-12.19 %

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))
=1261.182 - 146.208 - ( 366.883 - max(0, 413.671 - 611.545+366.883))
=917.1

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))
=1253.923 - 150.642 - ( 464.038 - max(0, 397.934 - 720.727+464.038))
=780.488

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:

Digital Domain 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 )
=-369.588/( ( (138.292 + max(-89.747, 0)) + (111.273 + max(-31.102, 0)) )/ 2 )
=-369.588/( ( 138.292 + 111.273 )/ 2 )
=-369.588/124.7825
=-296.19 %

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)
=(61.063 + 0 + 147.67) - (146.208 + 0 + 152.272)
=-89.747

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(37.397 + 0 + 185.919) - (150.642 + 0 + 103.776)
=-31.102

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-435.162/1962.510
=-22.17 %

* 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.


Digital Domain Holdings EBIT Related Terms

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Digital Domain Holdings (HKSE:00547) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Suite 2005, 20th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG
Digital Domain Holdings is an investment holdings company primarily operating in the diversified media industry. The company operates through its media and entertainment segment. The segment offers visual effects services, virtual reality creation services, 360-degree camera technology, and related hardware and services. The company primarily operates in China, the United States, Canada, and the United Kingdom. The majority of the company's revenue is earned from United States.
Executives
Chen Ling-chuan 2201 Interest of corporation controlled by you
Chen Li-pai 2201 Interest of corporation controlled by you
One Music Investment Co., Ltd. 2101 Beneficial owner
Wang Xiaohu 2101 Beneficial owner
Ding Jiann-shing
Whole Share Capital Inc. 2101 Beneficial owner
Lee Tsong-jung 2201 Interest of corporation controlled by you
Neng Ng Cheang
Lu Wen-der
Irobot Innovation Co., Ltd.
Hsieh Shu Ying
Yu Li-fu
Meiyin Investment Co., Ltd.
C Digital Libraries Inc.
Delight On Group Limited

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