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Prosperous Future Holdings (HKSE:01259) EBIT : HK$-50.5 Mil (TTM As of Jun. 2024)


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What is Prosperous Future Holdings EBIT?

Prosperous Future Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-30.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-50.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Prosperous Future Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was -12.42%. Prosperous Future Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -190.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Prosperous Future Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 15.06%.


Prosperous Future Holdings EBIT Historical Data

The historical data trend for Prosperous Future 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.

Prosperous Future Holdings EBIT Chart

Prosperous Future Holdings 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 -34.15 2.86 -58.19 -30.16 -50.51

Prosperous Future Holdings 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 -45.44 -8.71 -21.44 -30.91 -19.60

Competitive Comparison of Prosperous Future Holdings's EBIT

For the Household & Personal Products subindustry, Prosperous Future 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.


Prosperous Future Holdings's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Prosperous Future Holdings's EV-to-EBIT distribution charts can be found below:

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


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Prosperous Future 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-50.5 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.


Prosperous Future Holdings  (HKSE:01259) EBIT Explanation

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

Prosperous Future Holdings'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 )
=-37.384 * ( 1 - -5.07% )/( (320.979 + 311.683)/ 2 )
=-39.2793688/316.331
=-12.42 %

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))
=810.792 - 131.503 - ( 358.31 - max(0, 170.731 - 574.213+358.31))
=320.979

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))
=761.439 - 121.511 - ( 328.245 - max(0, 149.518 - 535.635+328.245))
=311.683

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:

Prosperous Future Holdings'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 )
=-61.818/( ( (16.005 + max(16.816, 0)) + (11.101 + max(21.069, 0)) )/ 2 )
=-61.818/( ( 32.821 + 32.17 )/ 2 )
=-61.818/32.4955
=-190.24 %

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)
=(81.666 + 42.704 + 48.617) - (131.503 + 0 + 24.668)
=16.816

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(66.738 + 37.641 + 60.45) - (121.511 + 0 + 22.249)
=21.069

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-50.507/-335.415
=15.06 %

* 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.


Prosperous Future Holdings EBIT Related Terms

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Prosperous Future Holdings Business Description

Traded in Other Exchanges
Address
Nos. 19-20 Connaught Road Central, 17th floor, Fung House, Central, HKG, 363005
Prosperous Future Holdings Ltd is an investment holding company. Its segments include Food and beverage, Financial Business, Property holding, and others. It derives a majority of its revenue from food and beverage business. Its geographical operations are spread across PRC (excluding Hong Kong); the United Kingdom; the USA: Hong Kong; and Overseas (excluding the USA and United Kingdom).
Executives
Golden Sparkle Limited 2101 Beneficial owner
Lai Wai Lam Ricky 2201 Interest of corporation controlled by you

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