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i-CABLE Communications (HKSE:01097) EBIT : HK$-516.1 Mil (TTM As of Jun. 2024)


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What is i-CABLE Communications EBIT?

i-CABLE Communications's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-195.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-516.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. i-CABLE Communications's annualized ROC % for the quarter that ended in Jun. 2024 was -27.55%. i-CABLE Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -68.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. i-CABLE Communications's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -22.85%.


i-CABLE Communications EBIT Historical Data

The historical data trend for i-CABLE Communications'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.

i-CABLE Communications EBIT Chart

i-CABLE Communications 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 -358.87 -233.61 -305.91 -380.19 -431.08

i-CABLE Communications 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 -140.57 -239.63 -110.39 -320.69 -195.38

Competitive Comparison of i-CABLE Communications's EBIT

For the Entertainment subindustry, i-CABLE Communications'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.


i-CABLE Communications's EV-to-EBIT Distribution in the Media - Diversified Industry

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

* The bar in red indicates where i-CABLE Communications's EV-to-EBIT falls into.



i-CABLE Communications 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$-516.1 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.


i-CABLE Communications  (HKSE:01097) EBIT Explanation

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

i-CABLE Communications'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 )
=-377.378 * ( 1 - -0.04% )/( (1269.569 + 1471.362)/ 2 )
=-377.5289512/1370.4655
=-27.55 %

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))
=945.159 - 127.867 - ( 63.311 - max(0, 703.798 - 251.521+63.311))
=1269.569

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))
=950.801 - 55.965 - ( 92.003 - max(0, 844.086 - 267.56+92.003))
=1471.362

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:

i-CABLE Communications'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 )
=-390.768/( ( (587.467 + max(-278.415, 0)) + (560.966 + max(-289.298, 0)) )/ 2 )
=-390.768/( ( 587.467 + 560.966 )/ 2 )
=-390.768/574.2165
=-68.05 %

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)
=(103.568 + 3.416 + 18.584) - (127.867 + 0 + 276.116)
=-278.415

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(65.079 + 3.119 + 20.834) - (55.965 + 0 + 322.365)
=-289.298

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:

i-CABLE Communications's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-516.076/2258.328
=-22.85 %

* 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.


i-CABLE Communications EBIT Related Terms

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i-CABLE Communications Business Description

Traded in Other Exchanges
Address
9 Hoi Shing Road, 7th Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG
i-CABLE Communications Ltd is an investment holding company engaged in operating in two business segments; The media segment includes operations related to the television subscription business, domestic free television program service, advertising, channel carriage, television relay service, program licensing, theatrical release, and other related businesses, and The telecommunications segment includes operations related to broadband internet access services, portal operation, telephony services, network leasing, network construction, mobile service, and mobile agency service as well as other related businesses.
Executives
Celestial Pioneer Limited 2101 Beneficial owner
Forever Top (asia) Limited 2101 Beneficial owner
Cheng Kar Shun 2201 Interest of corporation controlled by you
Ng Hung Sang 2101 Beneficial owner
Ng Lai King Pamela 2101 Beneficial owner
South China Securities Limited 2101 Beneficial owner

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