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Road King Infrastructure (HKSE:01098) EBIT : HK$-2,604 Mil (TTM As of Dec. 2024)


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What is Road King Infrastructure EBIT?

Road King Infrastructure's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was HK$-3,076 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-2,604 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Road King Infrastructure's annualized ROC % for the quarter that ended in Dec. 2024 was -5.83%. Road King Infrastructure's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -65.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Road King Infrastructure's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -16.76%.


Road King Infrastructure EBIT Historical Data

The historical data trend for Road King Infrastructure'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.

Road King Infrastructure EBIT Chart

Road King Infrastructure 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 5,906.20 5,347.54 2,241.45 -2,535.03 -2,604.24

Road King Infrastructure 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 886.60 -66.60 -2,468.43 471.41 -3,075.65

Competitive Comparison of Road King Infrastructure's EBIT

For the Real Estate - Development subindustry, Road King Infrastructure'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.


Road King Infrastructure's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Road King Infrastructure's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Road King Infrastructure's EV-to-EBIT falls into.


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Road King Infrastructure 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-2,604 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.


Road King Infrastructure  (HKSE:01098) EBIT Explanation

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

Road King Infrastructure's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-2953.06 * ( 1 - 13.71% )/( (45772.828 + 41597.165)/ 2 )
=-2548.195474/43684.9965
=-5.83 %

where

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))
=64806.008 - 12907.902 - ( 6125.278 - max(0, 27639.568 - 40129.772+6125.278))
=45772.828

Invested Capital(Q: Dec. 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))
=57513.135 - 11642.399 - ( 4273.571 - max(0, 22262.165 - 34576.424+4273.571))
=41597.165

Note: The Operating Income data used here is two times the semi-annual (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Road King Infrastructure's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6151.3/( ( (70.091 + max(10924.476, 0)) + (67.108 + max(7785.276, 0)) )/ 2 )
=-6151.3/( ( 10994.567 + 7852.384 )/ 2 )
=-6151.3/9423.4755
=-65.28 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(152.362 + 26196.902 + 3739.519) - (12907.902 + 0 + 6256.405)
=10924.476

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(138.893 + 23732.26 + 3253.369) - (11642.399 + 0 + 7696.847)
=7785.276

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Road King Infrastructure's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-2604.244/15536.943
=-16.76 %

* 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.


Road King Infrastructure EBIT Related Terms

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Road King Infrastructure Business Description

Traded in Other Exchanges
Address
9 Canton Road, The Gateway, Suite 501, 5th Floor, Tower 6, Tsimshatsui, Kowloon, Hong Kong, HKG
Road King Infrastructure Ltd is an investment holding company. The company's principal activities are the operation of property development and investment, investment and asset management businesses in Mainland China and Hong Kong; and the development, operation and management of toll roads through the infrastructure joint ventures in the PRC and Indonesia. The company's business segments are; Property Development and Investment, Toll Road, and Investment and asset management. The Property development and investment segment which generates key revenue is engaged in the development of properties for sale, rental income, or potential capital appreciation. Geographically, it generates a majority of its revenue from Mainland China followed by Hong Kong.
Executives
Wai Kee Holdings Limited 2201 Interest of corporation controlled by you
Groove Trading Limited 2101 Beneficial owner
Zwp Investments Limited 2101 Beneficial owner

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