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Litu Holdings (HKSE:01008) EBIT : HK$-57.8 Mil (TTM As of Jun. 2024)


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What is Litu Holdings EBIT?

Litu Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$44.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-57.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Litu Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 2.53%. Litu Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 8.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Litu Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -54.11%.


Litu Holdings EBIT Historical Data

The historical data trend for Litu 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.

Litu Holdings EBIT Chart

Litu Holdings 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 252.37 66.77 30.70 17.36 -135.56

Litu Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 27.73 -10.37 -32.83 -102.73 44.95

Competitive Comparison of Litu Holdings's EBIT

For the Packaging & Containers subindustry, Litu 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.


Litu Holdings's EV-to-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Litu Holdings's EV-to-EBIT distribution charts can be found below:

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


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Litu 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$-57.8 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.


Litu Holdings  (HKSE:01008) EBIT Explanation

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

Litu 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 )
=69.496 * ( 1 - 26.25% )/( (2077.748 + 1979.434)/ 2 )
=51.2533/2028.591
=2.53 %

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))
=2713.527 - 289.981 - ( 345.798 - max(0, 495.461 - 1073.177+345.798))
=2077.748

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))
=2697.921 - 216.894 - ( 501.593 - max(0, 508.288 - 1124.751+501.593))
=1979.434

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:

Litu 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 )
=89.89/( ( (806.28 + max(280.494, 0)) + (769.359 + max(252.448, 0)) )/ 2 )
=89.89/( ( 1086.774 + 1021.807 )/ 2 )
=89.89/1054.2905
=8.53 %

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)
=(242.576 + 72.486 + 329.205) - (289.981 + 0 + 73.792)
=280.494

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(217.371 + 33.515 + 301.369) - (216.894 + 0 + 82.913)
=252.448

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-57.784/106.788
=-54.11 %

* 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.


Litu Holdings EBIT Related Terms

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Litu Holdings Business Description

Traded in Other Exchanges
N/A
Address
3rd floor, 38 On Lok Mun Street, On Lok Tsuen, Fanling, New Territories, Hong Kong, HKG
Litu Holdings Ltd is an investment holding company. The Group's core activities include Printing cigarette packages. Manufacturing paper packaging materials. Producing laminated papers. Selling RFID products. Printing packages and decoration items. Researching printing technology. Wholesale and import/export of packaging products. Providing related services. The company's operating segment includes Printing and manufacturing of paper packages and related materials, leasing of investment properties and Sales of RFID products. It generates maximum revenue from the Printing and manufacturing of cigarette packages and related materials segment. Geographically, it derives a majority of its revenue from China.
Executives
Sinorise International Limited 2101 Beneficial owner
Cai Xiao Ming, David 2201 Interest of corporation controlled by you
Li Li 2201 Interest of corporation controlled by you
Tian Jin Zhang Rong Ke Ji Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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