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Elegance Optical International Holdings (HKSE:00907) EBIT : HK$-46.45 Mil (TTM As of Sep. 2023)


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What is Elegance Optical International Holdings EBIT?

Elegance Optical International Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was HK$-9.47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-46.45 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Elegance Optical International Holdings's annualized ROC % for the quarter that ended in Sep. 2023 was -21.97%. Elegance Optical International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -364.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Elegance Optical International Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -89.58%.


Elegance Optical International Holdings EBIT Historical Data

The historical data trend for Elegance Optical 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.

Elegance Optical International Holdings EBIT Chart

Elegance Optical International Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -101.13 -97.28 -15.54 -175.22 -36.37

Elegance Optical International Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -63.92 -111.30 0.61 -36.98 -9.47

Competitive Comparison of Elegance Optical International Holdings's EBIT

For the Medical Instruments & Supplies subindustry, Elegance Optical 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.


Elegance Optical International Holdings's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Elegance Optical International Holdings's EV-to-EBIT distribution charts can be found below:

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



Elegance Optical 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-46.45 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.


Elegance Optical International Holdings  (HKSE:00907) EBIT Explanation

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

Elegance Optical International Holdings's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-21.442 * ( 1 - 0% )/( (92.725 + 102.436)/ 2 )
=-21.442/97.5805
=-21.97 %

where

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Elegance Optical International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-18.938/( ( (5.052 + max(-53.814, 0)) + (5.351 + max(-58.509, 0)) )/ 2 )
=-18.938/( ( 5.052 + 5.351 )/ 2 )
=-18.938/5.2015
=-364.09 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.416 + 0.062 + 7.105427357601E-15) - (58.38 + 0 + 1.912)
=-53.814

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.023 + 0.045 + 0) - (60.912 + 0 + 1.665)
=-58.509

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-46.451/51.856
=-89.58 %

* 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.


Elegance Optical International Holdings EBIT Related Terms

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Elegance Optical International Holdings (HKSE:00907) Business Description

Traded in Other Exchanges
N/A
Address
145 Hennessy Road, On Hong Commercial Building, Room 22, 22nd Floor, Wanchai, Hong Kong, HKG
Elegance Optical International Holdings Ltd and its subsidiaries are the manufacturers and sellers of optical frames and sunglasses. Its operating segments include Manufacturing and trading engaged in the manufacture and trading of optical frames and sunglasses; the Property investment segment is involved in leasing properties for rental income; the Debts and securities investment segment engaged in investments in financial instruments and quoted shares; Film investment and distribution segment engaged in film right and movie distributions; and Energy business. It derives key revenue from the Manufacturing and trading segment. It operates in Europe, America, the PRC (including Hong Kong), and other countries.
Executives
Albert Yeung Capital Holdings Limited 2201 Interest of corporation controlled by you
Cdm Trust & Board Services Ag 2301 Trustee
Emperor Capital Group Limited 2201 Interest of corporation controlled by you
Emperor Securities Limited 2101 Beneficial owner
Luk Siu Man, Semon 2202 Interest of your spouse
Yeung Sau Shing, Albert 2307 Founder of a discretionary trust who can infl
Wong Chong Fai 2101 Beneficial owner
Kitchell Osman Bin 2101 Beneficial owner
Wong Hoi Fung 2101 Beneficial owner

Elegance Optical International Holdings (HKSE:00907) Headlines

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