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Magnus Concordia Group (HKSE:01172) EBIT : HK$-101.1 Mil (TTM As of Sep. 2024)


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What is Magnus Concordia Group EBIT?

Magnus Concordia Group's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was HK$-33.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-101.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Magnus Concordia Group's annualized ROC % for the quarter that ended in Sep. 2024 was -0.63%. Magnus Concordia Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -339.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Magnus Concordia Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -55.43%.


Magnus Concordia Group EBIT Historical Data

The historical data trend for Magnus Concordia Group'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.

Magnus Concordia Group EBIT Chart

Magnus Concordia Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -76.14 13.11 -534.05 -358.02 -119.12

Magnus Concordia Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -178.40 -179.63 -51.24 -67.89 -33.21

Competitive Comparison of Magnus Concordia Group's EBIT

For the Real Estate - Development subindustry, Magnus Concordia Group'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.


Magnus Concordia Group's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Magnus Concordia Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Magnus Concordia Group's EV-to-EBIT falls into.


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Magnus Concordia Group 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-101.1 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.


Magnus Concordia Group  (HKSE:01172) EBIT Explanation

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

Magnus Concordia Group's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-3.282 * ( 1 - 1.74% )/( (519.216 + 498.755)/ 2 )
=-3.2248932/508.9855
=-0.63 %

where

Invested Capital(Q: Mar. 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))
=755.028 - 401.974 - ( 35.308 - max(0, 555.683 - 389.521+35.308))
=519.216

Invested Capital(Q: Sep. 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))
=703.491 - 375.406 - ( 42.382 - max(0, 570.185 - 399.515+42.382))
=498.755

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

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

Magnus Concordia Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-66.424/( ( (24.823 + max(-77.153, 0)) + (14.363 + max(-144.77, 0)) )/ 2 )
=-66.424/( ( 24.823 + 14.363 )/ 2 )
=-66.424/19.593
=-339.02 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32.848 + 272.698 + 42.029) - (401.974 + 0 + 22.754)
=-77.153

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.968 + 240.8 + 0.0079999999999814) - (375.406 + 0 + 56.14)
=-144.77

When net working capital is negative, 0 is used.

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

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

Magnus Concordia Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-101.099/182.391
=-55.43 %

* 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.


Magnus Concordia Group EBIT Related Terms

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Magnus Concordia Group Business Description

Traded in Other Exchanges
N/A
Address
139 Hennessy Road, Units D & E, 20 Floor, China Overseas Building, Wanchai, Hong Kong, HKG
Magnus Concordia Group Ltd is an investment holding company. The company's business divisions are Printing business, Property investment, Property Development, Treasury, Others, and corporate where the printing business division includes the manufacture and sale of printed products including art books, packaging boxes, and children's books. property investment segment covers the investment and leasing of real estate properties, the Property development segment covers the development, sale, and trading of real estate properties, and the Treasury business involves the investment and trading of debts, equity, and other treasury instruments. The company earns its maximum revenue from property development and has a presence in Hong Kong, the United States, the UK, France, Mainland China.
Executives
Sfund International Investment Fund Management Limited 2201 Interest of corporation controlled by you
Guang Zhou Ke Ji Jin Rong Chuang Xin Tou Zi Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Hui Yin Tian Yue Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Shi Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhang Jing 2201 Interest of corporation controlled by you
Zeng Dazhang 2201 Interest of corporation controlled by you
Xinsheng International Holding Limited 2201 Interest of corporation controlled by you
Wang Xiqiang 2201 Interest of corporation controlled by you
Shining Orient Investment Limited 2201 Interest of corporation controlled by you
Ally Cosmo Group Limited 2201 Interest of corporation controlled by you
Qingda Developments Limited 2101 Beneficial owner
Pioneer Fund Limited Partnership 2201 Interest of corporation controlled by you
New Element Investments Limited 2201 Interest of corporation controlled by you
Li Li 2201 Interest of corporation controlled by you

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