Lerado Financial Group Co (HKSE:01225) EBIT : HK$-225.9 Mil (TTM As of Dec. 2023)

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What is Lerado Financial Group Co EBIT?

Lerado Financial Group Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-237.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-225.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lerado Financial Group Co's annualized ROC % for the quarter that ended in Dec. 2023 was 11.98%. Lerado Financial Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1,398.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lerado Financial Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -40.36%.

Lerado Financial Group Co EBIT Historical Data

The historical data trend for Lerado Financial Group 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.

Lerado Financial Group Co EBIT Chart

Lerado Financial Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-31.03

42.64

-1.19

-275.12

-225.93

Lerado Financial Group Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															-30.22	-76.12	-199.00	11.07	-237.00

Competitive Comparison of Lerado Financial Group Co's EBIT

For the Capital Markets subindustry, Lerado Financial Group 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.

Lerado Financial Group Co's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Lerado Financial Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lerado Financial Group Co's EV-to-EBIT falls into.

Lerado Financial Group 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$-225.9 Mil.

Lerado Financial Group Co (HKSE:01225) EBIT Explanation

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

Lerado Financial Group 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 )
=	129.728 * ( 1 - -0.05% )	/	( (1215.658	+	951.93)	/ 2 )
=	129.792864	/	1083.794
=	11.98 %

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	))
=	1704.776	-	242.658	-	( 246.46	-	max(0, 248.043	-	1619.292	+	246.46	))
=	1215.658

	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	))
=	1377.016	-	192.088	-	( 232.998	-	max(0, 427.56	-	1301.062	+	232.998	))
=	951.93

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:

Lerado Financial Group 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 )
=	-474	/	( ( (37.592 + max(-123.522, 0))	+	(30.194 + max(-89.458, 0)) )	/	2 )
=	-474	/	( ( 37.592	+	30.194 )	/	2 )
=	-474	/	33.893
=	-1,398.52 %

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)
=	(98.605	+	15.119	+	10.369)	-	(242.658	+	0	+	4.957)
=	-123.522

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(80.304	+	12.871	+	9.4549999999997)	-	(192.088	+	0	+	0)
=	-89.458

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:

Lerado Financial Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-225.93	/	559.736
	=	-40.36 %

Lerado Financial Group Co EBIT Related Terms

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Lerado Financial Group Co (HKSE:01225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Lerado Financial Group Co Ltd (HKSE:01225) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

59-67 Bonham Strand West, Flat F&G, 4th Floor., Golden Sun Centre, Sheung Wan, Hong Kong, HKG

Website

http://www.lerado.com

Lerado Financial Group Co Ltd is an investment holding company. It is engaged in providing financial services including, securities broking, margin financing, and money lending as well as manufacturing and distributing children's plastic toys and medical care products like mobility aid and other medical equipment. The operating segments of the group are Medical products and plastic toys business; Securities brokerage business and asset management services; and Money lending business and other financial services. It derives key revenue from the Medical products and plastic toys business segment which involves the manufacturing and distribution of medical care products and plastic toys. It has a business presence in Hong Kong, Europe, the U.S., the PRC, Australia, South America, and others.

Lerado Financial Group Co (HKSE:01225) Headlines

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