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Green Future Food Hydrocolloid Marine Science Co (HKSE:01084) EBIT : HK$-83 Mil (TTM As of Dec. 2023)


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What is Green Future Food Hydrocolloid Marine Science Co EBIT?

Green Future Food Hydrocolloid Marine Science Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-141 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-83 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Green Future Food Hydrocolloid Marine Science Co's annualized ROC % for the quarter that ended in Dec. 2023 was -13.45%. Green Future Food Hydrocolloid Marine Science Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -20.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Green Future Food Hydrocolloid Marine Science Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -6.86%.


Green Future Food Hydrocolloid Marine Science Co EBIT Historical Data

The historical data trend for Green Future Food Hydrocolloid Marine Science 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.

Green Future Food Hydrocolloid Marine Science Co EBIT Chart

Green Future Food Hydrocolloid Marine Science Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 155.09 110.66 158.73 320.75 -82.60

Green Future Food Hydrocolloid Marine Science Co Semi-Annual Data
Dec16 Dec17 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 102.89 174.78 154.24 58.24 -140.83

Competitive Comparison of Green Future Food Hydrocolloid Marine Science Co's EBIT

For the Farm Products subindustry, Green Future Food Hydrocolloid Marine Science 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.


Green Future Food Hydrocolloid Marine Science Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Green Future Food Hydrocolloid Marine Science Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Green Future Food Hydrocolloid Marine Science Co's EV-to-EBIT falls into.



Green Future Food Hydrocolloid Marine Science 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-83 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.


Green Future Food Hydrocolloid Marine Science Co  (HKSE:01084) EBIT Explanation

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

Green Future Food Hydrocolloid Marine Science Co'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 )
=-279.416 * ( 1 - 24.48% )/( (1696.993 + 1441.633)/ 2 )
=-211.0149632/1569.313
=-13.45 %

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))
=1989.436 - 241.451 - ( 50.992 - max(0, 905.232 - 1407.992+50.992))
=1696.993

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))
=1688.36 - 167.319 - ( 79.408 - max(0, 762.457 - 1090.152+79.408))
=1441.633

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:

Green Future Food Hydrocolloid Marine Science Co'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 )
=-281.666/( ( (428.557 + max(1094.968, 0)) + (410.004 + max(824.602, 0)) )/ 2 )
=-281.666/( ( 1523.525 + 1234.606 )/ 2 )
=-281.666/1379.0655
=-20.42 %

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)
=(114.984 + 1169.809 + 67.936) - (241.451 + 0 + 16.31)
=1094.968

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(93.404 + 858.614 + 51.938) - (167.319 + 0 + 12.035)
=824.602

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:

Green Future Food Hydrocolloid Marine Science Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-82.598/1203.885
=-6.86 %

* 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.


Green Future Food Hydrocolloid Marine Science Co EBIT Related Terms

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Green Future Food Hydrocolloid Marine Science Co (HKSE:01084) Business Description

Traded in Other Exchanges
N/A
Address
169 Electric Road, Flat A, 16th Floor, North Point, Hong Kong, HKG
Green Future Food Hydrocolloid Marine Science Co Ltd is engaged in manufacturing and sales of food manufacturing hydrocolloid products including carrageenan products, agar-agar products, blended products, and konjac products in the People's Republic of China and overseas. Its segments include Manufacturing and sales of agar-agar products; Manufacturing and sales of carrageenan; Manufacturing and sales of konjac products; Manufacturing and sales of blended products; and Others such as sales of milk powder. Its operations are spread across China, Europe, Asia (excluding China), South America, North America, Africa and Oceania.
Executives
Guo Songsen 2401 A concert party to an agreement to buy shares
Qiu Qiaoya 2202 Interest of your spouse
She Pin Pin 2202 Interest of your spouse
Li Shun Ching Louisa 2202 Interest of your spouse
Chan Shui Yip 2401 A concert party to an agreement to buy shares
Chan Kam Chung 2401 A concert party to an agreement to buy shares
Wu Biling 2202 Interest of your spouse
Winning Path Trading Company Limited 2401 A concert party to an agreement to buy shares
Strong Achievement (bvi) Investment Company Limited 2401 A concert party to an agreement to buy shares
Cos Kreation Investment Development Company Limited 2401 A concert party to an agreement to buy shares
Guo Yuansuo 2401 A concert party to an agreement to buy shares
Guo Songsen 2401 A concert party to an agreement to buy shares
Guo Dongxu 2401 A concert party to an agreement to buy shares
Guo Donghuang 2401 A concert party to an agreement to buy shares
Green Forest (bvi) Investment Company Limited 2401 A concert party to an agreement to buy shares

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