Golden Wheel Tiandi Holdings Co (HKSE:01232) EBIT : HK$-662 Mil (TTM As of Jun. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Golden Wheel Tiandi Holdings Co EBIT?

Golden Wheel Tiandi Holdings Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-423 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-662 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Golden Wheel Tiandi Holdings Co's annualized ROC % for the quarter that ended in Jun. 2024 was -0.24%. Golden Wheel Tiandi Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -121.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Golden Wheel Tiandi Holdings Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -13.51%.

Golden Wheel Tiandi Holdings Co EBIT Historical Data

The historical data trend for Golden Wheel Tiandi Holdings 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.

Golden Wheel Tiandi Holdings Co EBIT Chart

Golden Wheel Tiandi Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

711.21

427.12

-2,235.49

-692.62

-592.24

Golden Wheel Tiandi Holdings Co 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															-197.34	-504.62	-352.98	-239.26	-423.15

Competitive Comparison of Golden Wheel Tiandi Holdings Co's EBIT

For the Real Estate - Development subindustry, Golden Wheel Tiandi Holdings 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.

Golden Wheel Tiandi Holdings Co's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Golden Wheel Tiandi Holdings Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Golden Wheel Tiandi Holdings Co's EV-to-EBIT falls into.

Save Embed

;

Save Embed

;

Golden Wheel Tiandi Holdings 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-662 Mil.

Golden Wheel Tiandi Holdings Co (HKSE:01232) EBIT Explanation

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

Golden Wheel Tiandi Holdings Co'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 )
=	-27.182 * ( 1 - 4.43% )	/	( (11130.606	+	10532.257)	/ 2 )
=	-25.9778374	/	10831.4315
=	-0.24 %

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	))
=	10935.317	-	3261.123	-	( 228.887	-	max(0, 8509.717	-	5053.305	+	228.887	))
=	11130.606

	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	))
=	9666.164	-	2955.921	-	( 147.945	-	max(0, 7935.465	-	4113.451	+	147.945	))
=	10532.257

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:

Golden Wheel Tiandi Holdings Co'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 )
=	-846.3	/	( ( (503.73 + max(421.817, 0))	+	(468.827 + max(-74.305000000001, 0)) )	/	2 )
=	-846.3	/	( ( 925.547	+	468.827 )	/	2 )
=	-846.3	/	697.187
=	-121.39 %

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)
=	(42.669	+	3834.523	+	617.521)	-	(3261.123	+	0	+	811.773)
=	421.817

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(72.042	+	3109.533	+	408.258)	-	(2955.921	+	0	+	708.217)
=	-74.305000000001

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:

Golden Wheel Tiandi Holdings Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-662.408	/	4904.695
	=	-13.51 %

Golden Wheel Tiandi Holdings Co EBIT Related Terms

Thank you for viewing the detailed overview of Golden Wheel Tiandi Holdings Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Golden Wheel Tiandi Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Golden Wheel Tiandi Holdings Co Ltd (HKSE:01232) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

No. 8, Hanzhong Road, 33rd Floor, Golden Wheel International Plaza, Nanjing, CHN

Website

https://www.gwtd.com.hk

Golden Wheel Tiandi Holdings Co Ltd is an investment holding company. Through its subsidiaries, it is engaged in four segments namely Property development which involves the development and sale of properties, Property leasing which involves Property leasing (including the lease of self-owned properties and sub-lease of rented properties), and hotel operation. The majority of its revenue comes from the sale of the group's developed properties. Its geographical segments are Mainland China and Hong Kong, of which its revenue comes from Mainland China.

Executives

Wong Kam Fai	2101 Beneficial owner
Wong Kam Keung Barry	2101 Beneficial owner
Janata Suwita
Wong Yam Yin
Golden Wheel Realty Company Limited	2101 Beneficial owner
Hung So Ling	2201 Interest of corporation controlled by you

Golden Wheel Tiandi Holdings Co Headlines

No Headlines