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XinKong International Capital Holdings (HKSE:00993) EBIT : HK$-0.8 Mil (TTM As of Jun. 2024)


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What is XinKong International Capital Holdings EBIT?

XinKong International Capital Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$252.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-0.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. XinKong International Capital Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 3.27%. XinKong International Capital Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3,630.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. XinKong International Capital Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -0.02%.


XinKong International Capital Holdings EBIT Historical Data

The historical data trend for XinKong International Capital 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.

XinKong International Capital Holdings EBIT Chart

XinKong International Capital Holdings Annual Data
Trend Apr15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,976.45 -1,066.96 -1,875.12 -239.35 -0.76

XinKong International Capital Holdings Semi-Annual Data
Apr15 Oct15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -704.44 -294.79 55.44 252.61 -253.37

Competitive Comparison of XinKong International Capital Holdings's EBIT

For the Asset Management subindustry, XinKong International Capital 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.


XinKong International Capital Holdings's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, XinKong International Capital Holdings's EV-to-EBIT distribution charts can be found below:

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


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XinKong International Capital 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.8 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.


XinKong International Capital Holdings  (HKSE:00993) EBIT Explanation

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

XinKong International Capital Holdings'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 )
=74.34 * ( 1 - -20.25% )/( (3846.187 + 1626.273)/ 2 )
=89.39385/2736.23
=3.27 %

where

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))
=3918.266 - 253.481 - ( 2088.791 - max(0, 2787.867 - 2606.465+2088.791))
=3846.187

Invested Capital(Q: Jun. 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))
=2647.818 - 222.879 - ( 1156.115 - max(0, 579.506 - 1378.172+1156.115))
=1626.273

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:

XinKong International Capital Holdings'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 )
=505.226/( ( (3.132 + max(22.826, 0)) + (1.873 + max(-235.606, 0)) )/ 2 )
=505.226/( ( 25.958 + 1.873 )/ 2 )
=505.226/13.9155
=3,630.67 %

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)
=(243.646 + 0 + 191.897) - (253.481 + 0 + 159.236)
=22.826

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.034 + 0 + 142.206) - (222.879 + 0 + 155.967)
=-235.606

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-0.761/4400.206
=-0.02 %

* 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.


XinKong International Capital Holdings EBIT Related Terms

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XinKong International Capital Holdings Business Description

Traded in Other Exchanges
N/A
Address
60 Gloucester Road, 15th Floor, China Huarong Tower, Wanchai, Hong Kong, HKG
Huarong International Financial Holdings Ltd is a finance company that provides brokerage services on securities, investment banking, futures, and asset management. The company operates through four segments. The securities segment which derives key revenue, is composed of the brokerage and trading of securities, futures and options contracts, and margin financing services. The corporate finance segment provides securities underwriting, sponsoring, and financial advisory services to institutional clients. The asset management and direct investment segment consists of asset management services and direct investments in equities, bonds, funds, and other financial products. The financial services and others segment comprises finance lease services and business consulting services.
Executives
Dong Jufeng
Jia Tianjiang
Ningxia Tianyuan Manganese Industry Group Co., Ltd.
Tian Yuan Manganese Limited
Shinning Rhythm Limited 2106 Person having a security interest in shares
China Tian Yuan Asset Management Limited
China Tian Yuan Manganese Finance (holdings) Limited
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si 2106 Person having a security interest in shares
China Tian Yuan Finance Group (holdings) Limited 2201 Interest of corporation controlled by you
China Tian Yuan International Finance Limited 2201 Interest of corporation controlled by you
Hua Rong Hua Qiao Zi Chan Guan Li You Xian Gong Si 2106 Person having a security interest in shares

XinKong International Capital Holdings Headlines

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