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CEC International Holdings (HKSE:00759) EBIT : HK$-15 Mil (TTM As of Apr. 2024)


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What is CEC International Holdings EBIT?

CEC International Holdings's earnings before interest and taxes (EBIT) for the six months ended in Apr. 2024 was HK$-24 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2024 was HK$-15 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CEC International Holdings's annualized ROC % for the quarter that ended in Apr. 2024 was -5.97%. CEC International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2024 was -7.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CEC International Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2024 was -5.67%.


CEC International Holdings EBIT Historical Data

The historical data trend for CEC International 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.

CEC International Holdings EBIT Chart

CEC International Holdings Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.29 67.00 67.23 71.27 -15.26

CEC International Holdings Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 35.42 44.26 27.01 8.88 -24.15

Competitive Comparison of CEC International Holdings's EBIT

For the Grocery Stores subindustry, CEC International 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.


CEC International Holdings's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, CEC International Holdings's EV-to-EBIT distribution charts can be found below:

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



CEC International 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 Apr. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-15 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.


CEC International Holdings  (HKSE:00759) EBIT Explanation

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

CEC International Holdings's annualized ROC % for the quarter that ended in Apr. 2024 is calculated as:

ROC % (Q: Apr. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Apr. 2024 ))/ count )
=-50.124 * ( 1 - 5.21% )/( (817.868 + 773.296)/ 2 )
=-47.5125396/795.582
=-5.97 %

where

Invested Capital(Q: Oct. 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))
=923.347 - 80.938 - ( 75.564 - max(0, 285.845 - 310.386+75.564))
=817.868

Invested Capital(Q: Apr. 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))
=886.305 - 103.721 - ( 71.422 - max(0, 287.141 - 296.429+71.422))
=773.296

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

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

CEC International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Apr. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-48.294/( ( (551.922 + max(54.704, 0)) + (519.455 + max(95.775, 0)) )/ 2 )
=-48.294/( ( 606.626 + 615.23 )/ 2 )
=-48.294/610.928
=-7.91 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.606 + 160.242 + 21.44) - (80.938 + 0 + 56.646)
=54.704

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.176 + 151.303 + 59.074) - (103.721 + 0 + 22.057)
=95.775

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2024 )
=-15.264/268.998
=-5.67 %

* 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.


CEC International Holdings EBIT Related Terms

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CEC International Holdings Business Description

Traded in Other Exchanges
N/A
Address
110 How Ming Street, 2nd Floor, Hing Win Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG
CEC International Holdings Ltd is an investment holding company. The company operates in three segments Retail business which includes retail of food and beverage, household and personal care products. Electronic component manufacturing segment is engaged in the design, development, manufacture, and sale of electronic components, including types of coils, inductors, transformers, line filters, and electrolytic capacitors, and the Investment property holdings segment. It generates maximum revenue from the Retail business segment. Geographically, it derives a majority of its revenue from the PRC.
Executives
Lam Kwok Chung 2305 Beneficiary of a trust

CEC International Holdings Headlines

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