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Eminence Enterprise (HKSE:00616) EBIT : HK$-217.13 Mil (TTM As of Mar. 2024)


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What is Eminence Enterprise EBIT?

Eminence Enterprise's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was HK$-24.55 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was HK$-217.13 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Eminence Enterprise's annualized ROC % for the quarter that ended in Mar. 2024 was 3.83%. Eminence Enterprise's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Eminence Enterprise's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -11.36%.


Eminence Enterprise EBIT Historical Data

The historical data trend for Eminence Enterprise'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.

Eminence Enterprise EBIT Chart

Eminence Enterprise 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 -178.08 -162.06 107.70 80.31 -150.25

Eminence Enterprise 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 64.07 16.23 -125.70 -24.55 -192.58

Competitive Comparison of Eminence Enterprise's EBIT

For the Real Estate Services subindustry, Eminence Enterprise'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.


Eminence Enterprise's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Eminence Enterprise's EV-to-EBIT distribution charts can be found below:

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



Eminence Enterprise 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$-217.13 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.


Eminence Enterprise  (HKSE:00616) EBIT Explanation

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

Eminence Enterprise'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 )
=153.48 * ( 1 - -25.26% )/( (5148.551 + 4878.169)/ 2 )
=192.249048/5013.36
=3.83 %

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))
=5700.875 - 81.04 - ( 471.284 - max(0, 1530.236 - 4350.934+471.284))
=5148.551

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))
=5408.807 - 95.185 - ( 435.453 - max(0, 1277.26 - 4074.899+435.453))
=4878.169

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:

Eminence Enterprise'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 )
=-49.096/( ( (11.205 + max(3440.33, 0)) + (10.303 + max(3477.276, 0)) )/ 2 )
=-49.096/( ( 3451.535 + 3487.579 )/ 2 )
=-49.096/3469.557
=-1.42 %

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)
=(0.514 + 3431.988 + 403.821) - (81.04 + 0 + 314.953)
=3440.33

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.859 + 3586.645 + 3.0329999999999) - (95.185 + 0 + 18.076)
=3477.276

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:

Eminence Enterprise's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-217.126/1911.272
=-11.36 %

* 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.


Eminence Enterprise EBIT Related Terms

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Eminence Enterprise Business Description

Traded in Other Exchanges
N/A
Address
481-483 Castle Peak Road, Block A, 7th Floor Hong Kong Spinners Building, Phase 6, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Eminence Enterprise Ltd is principally engaged in property investment, property development, investment in securities and loan financing business segments. The company owns and invests in residential, commercial, and industrial properties. It is also involved sourcing and exporting garments, and holding and leasing residential and industrial investment properties. The firm generates its majority revenue from the Property investment segment.
Executives
Ng Wang Chun Joseph 2101 Beneficial owner
Chan Lo Chiu Angus 2101 Beneficial owner
Magical Profits Limited 2201 Interest of corporation controlled by you
Chang Ping Kwan 2101 Beneficial owner
Or Victor 2101 Beneficial owner
Chu Nin Yiu, Stephen 2101 Beneficial owner
Markson International Holding Limited 2201 Interest of corporation controlled by you
Hooper Ivan Geoffrey Douglas 2201 Interest of corporation controlled by you
Easyknit International Holdings Limited 2201 Interest of corporation controlled by you
Accumulate More Profits Limited 2201 Interest of corporation controlled by you
Goodco Development Limited 2101 Beneficial owner
Easyknit Properties Holdings Limited 2201 Interest of corporation controlled by you
Winterbotham Holdings Limited 2201 Interest of corporation controlled by you
The Winterbotham Trust Company Limited As Trustee Of The Magical 2000 Trust 2201 Interest of corporation controlled by you
Hooper Christopher Geoffrey Douglas 2201 Interest of corporation controlled by you

Eminence Enterprise Headlines

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