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Huanxi Media Group (HKSE:01003) EBIT : HK$217 Mil (TTM As of Dec. 2023)


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What is Huanxi Media Group EBIT?

Huanxi Media Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-245 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$217 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Huanxi Media Group's annualized ROC % for the quarter that ended in Dec. 2023 was -27.83%. Huanxi Media Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -79.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Huanxi Media Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.80%.


Huanxi Media Group EBIT Historical Data

The historical data trend for Huanxi Media Group'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.

Huanxi Media Group EBIT Chart

Huanxi Media Group 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 190.12 -231.38 -213.96 -217.37 217.01

Huanxi Media Group 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 -122.55 -92.69 -124.68 461.82 -244.81

Competitive Comparison of Huanxi Media Group's EBIT

For the Entertainment subindustry, Huanxi Media Group'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.


Huanxi Media Group's EV-to-EBIT Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Huanxi Media Group's EV-to-EBIT falls into.



Huanxi Media Group 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$217 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.


Huanxi Media Group  (HKSE:01003) EBIT Explanation

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

Huanxi Media Group'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 )
=-518.17 * ( 1 - 1.52% )/( (1954.662 + 1712.364)/ 2 )
=-510.293816/1833.513
=-27.83 %

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))
=2356.429 - 242.394 - ( 159.373 - max(0, 675.112 - 1686.757+159.373))
=1954.662

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))
=2234.243 - 211.733 - ( 310.146 - max(0, 777.126 - 1512.621+310.146))
=1712.364

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:

Huanxi Media Group'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 )
=-489.628/( ( (22.802 + max(872.652, 0)) + (18.978 + max(313.291, 0)) )/ 2 )
=-489.628/( ( 895.454 + 332.269 )/ 2 )
=-489.628/613.8615
=-79.76 %

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)
=(593.286 + 0 + 875.951) - (242.394 + 0 + 354.191)
=872.652

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.554 + 0 + 1051.544) - (211.733 + 0 + 551.074)
=313.291

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:

Huanxi Media Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=217.008/1572.523
=13.80 %

* 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.


Huanxi Media Group EBIT Related Terms

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Huanxi Media Group (HKSE:01003) Business Description

Traded in Other Exchanges
N/A
Address
16 Harcourt Road, 11th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
Huanxi Media Group Ltd is a media company in China focused on the investment and production of films, drama series, and the operation of a subscription-based online video platform. The company is an investment holding and film investment company. Its subsidiaries are principally engaged in media and entertainment related businesses. Its one reportable segment is the investment in film and TV programmes rights. The current operations of the company are located in the PRC and Hong Kong.
Executives
Fmr Llc 2201 Interest of corporation controlled by you
Newwood Investments Limited 2401 A concert party to an agreement to buy shares
Pacific Wits Limited 2401 A concert party to an agreement to buy shares
Tairong Holdings Limited 2401 A concert party to an agreement to buy shares
Dong Ping 2101 Beneficial owner
Ning Hao 2401 A concert party to an agreement to buy shares
Xu Zheng 2401 A concert party to an agreement to buy shares
Maoyan Entertainment 2101 Beneficial owner
Bilibili Inc. 2101 Beneficial owner

Huanxi Media Group (HKSE:01003) Headlines

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