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Vanke Overseas Investment Holding Co (HKSE:01036) EBIT : HK$-43.2 Mil (TTM As of Jun. 2024)


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What is Vanke Overseas Investment Holding Co EBIT?

Vanke Overseas Investment Holding Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-6.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-43.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vanke Overseas Investment Holding Co's annualized ROC % for the quarter that ended in Jun. 2024 was -0.61%. Vanke Overseas Investment Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -0.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vanke Overseas Investment Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -24.65%.


Vanke Overseas Investment Holding Co EBIT Historical Data

The historical data trend for Vanke Overseas Investment Holding Co'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.

Vanke Overseas Investment Holding Co EBIT Chart

Vanke Overseas Investment Holding Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 239.21 502.74 87.14 80.82 -43.16

Vanke Overseas Investment Holding Co Semi-Annual Data
Jun15 Dec15 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 -33.76 30.63 50.19 -6.29 -36.87

Competitive Comparison of Vanke Overseas Investment Holding Co's EBIT

For the Real Estate Services subindustry, Vanke Overseas Investment Holding Co'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.


Vanke Overseas Investment Holding Co's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Vanke Overseas Investment Holding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Vanke Overseas Investment Holding Co's EV-to-EBIT falls into.


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Vanke Overseas Investment Holding Co 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$-43.2 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.


Vanke Overseas Investment Holding Co  (HKSE:01036) EBIT Explanation

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

Vanke Overseas Investment Holding Co'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 )
=-16.084 * ( 1 - -61.95% )/( (4227.133 + 4299.438)/ 2 )
=-26.048038/4263.2855
=-0.61 %

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))
=5111.323 - 273.904 - ( 610.286 - max(0, 386.349 - 1629.894+610.286))
=4227.133

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))
=4898.237 - 119.272 - ( 479.527 - max(0, 582.836 - 1544.908+479.527))
=4299.438

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:

Vanke Overseas Investment Holding Co'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 )
=-12.588/( ( (980.279 + max(579.606, 0)) + (983.675 + max(792.092, 0)) )/ 2 )
=-12.588/( ( 1559.885 + 1775.767 )/ 2 )
=-12.588/1667.826
=-0.75 %

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)
=(1.445 + 939.657 + 19.827) - (273.904 + 0 + 107.419)
=579.606

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.593 + 973.073 + 36.622) - (119.272 + 0 + 99.924)
=792.092

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:

Vanke Overseas Investment Holding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-43.161/175.123
=-24.65 %

* 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.


Vanke Overseas Investment Holding Co EBIT Related Terms

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Vanke Overseas Investment Holding Co Business Description

Traded in Other Exchanges
N/A
Address
1 Garden Road, Room A, 43rd Floor, Bank of China Tower, Central, Hong Kong, HKG
Vanke Overseas Investment Holding Co Ltd is a property management company. The segments of the group are Property investment, Property Development, and Asset management. It derives key revenue from the Asset management segment which involves asset management fee income from the provision of asset management services. The geographical presence of the group is Hong Kong, the United Kingdom, and the United States.
Executives
Citic Securities Company Limited 2201 Interest of corporation controlled by you

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