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Miko International Holdings (HKSE:01247) EBIT : HK$-11.7 Mil (TTM As of Dec. 2023)


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What is Miko International Holdings EBIT?

Miko International Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-12.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-11.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Miko International Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -20.44%. Miko International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -23.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Miko International Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -6.96%.


Miko International Holdings EBIT Historical Data

The historical data trend for Miko International Holdings'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.

Miko International Holdings EBIT Chart

Miko International Holdings 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 -276.93 -86.79 -24.90 -7.09 -11.69

Miko International Holdings 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 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 -0.60 -13.55 5.82 0.31 -12.00

Competitive Comparison of Miko International Holdings's EBIT

For the Apparel Manufacturing subindustry, Miko International Holdings'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.


Miko International Holdings's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Miko International Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Miko International Holdings's EV-to-EBIT falls into.



Miko International Holdings 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$-11.7 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.


Miko International Holdings  (HKSE:01247) EBIT Explanation

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

Miko International Holdings'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 )
=-21.708 * ( 1 - -0.4% )/( (79.332 + 133.895)/ 2 )
=-21.794832/106.6135
=-20.44 %

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))
=262.769 - 72.752 - ( 110.685 - max(0, 91.346 - 217.802+110.685))
=79.332

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:

Miko International Holdings'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 )
=-23.998/( ( (44.966 + max(30.765, 0)) + (48.772 + max(84.082, 0)) )/ 2 )
=-23.998/( ( 75.731 + 132.854 )/ 2 )
=-23.998/104.2925
=-23.01 %

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)
=(61.259 + 20.617 + 21.641) - (72.752 + 0 + 0)
=30.765

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(102.669 + 33.98 + 9.141) - (61.708 + 0 + 1.4210854715202E-14)
=84.082

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:

Miko International Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-11.689/168.055
=-6.96 %

* 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.


Miko International Holdings EBIT Related Terms

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Miko International Holdings (HKSE:01247) Business Description

Traded in Other Exchanges
N/A
Address
No. 168, Chong Rong Street, Economic Technology Development Zone, Hongbaber Industrial Park, Fujian Province, Quanzhou, CHN, 362000
Miko International Holdings Ltd along with its subsidiaries is principally engaged in the business of design, manufacture, and sales of children's apparel products. The business operates in two segments namely manufacture and wholesale of children's apparel products and retail outlets of children's apparel products. The wholesaler segment generates maximum revenue for the company. All of its revenue is generated from Mainland China.
Executives
Chen Hsin Fu 2201 Interest of corporation controlled by you
Goldrun Limited 2101 Beneficial owner
Ding Peiji 2201 Interest of corporation controlled by you
Ding Peiji 2101 Beneficial owner
Ding Peiyuan 2201 Interest of corporation controlled by you
Ding Lizhen 2101 Beneficial owner
Think Wise Holdings Investment Limited 2101 Beneficial owner

Miko International Holdings (HKSE:01247) Headlines

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