GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Labixiaoxin Snacks Group Ltd (HKSE:01262) » Definitions » EBIT

Labixiaoxin Snacks Group (HKSE:01262) EBIT : HK$-132.2 Mil (TTM As of Jun. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Labixiaoxin Snacks Group EBIT?

Labixiaoxin Snacks Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-35.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-132.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Labixiaoxin Snacks Group's annualized ROC % for the quarter that ended in Jun. 2024 was -8.51%. Labixiaoxin Snacks Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -14.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Labixiaoxin Snacks Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -16.82%.


Labixiaoxin Snacks Group EBIT Historical Data

The historical data trend for Labixiaoxin Snacks 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.

Labixiaoxin Snacks Group EBIT Chart

Labixiaoxin Snacks Group 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 -121.84 66.96 59.15 -44.61 -89.39

Labixiaoxin Snacks Group 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 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 10.76 -54.86 7.11 -96.50 -35.68

Competitive Comparison of Labixiaoxin Snacks Group's EBIT

For the Packaged Foods subindustry, Labixiaoxin Snacks 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.


Labixiaoxin Snacks Group's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Labixiaoxin Snacks Group's EV-to-EBIT distribution charts can be found below:

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



Labixiaoxin Snacks 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-132.2 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.


Labixiaoxin Snacks Group  (HKSE:01262) EBIT Explanation

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

Labixiaoxin Snacks Group'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 )
=-75.918 * ( 1 - 0% )/( (877.971 + 906.954)/ 2 )
=-75.918/892.4625
=-8.51 %

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))
=886.953 - 112.201 - ( 48.475 - max(0, 626.192 - 522.973+48.475))
=877.971

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))
=909.684 - 161.28 - ( 37.543 - max(0, 700.017 - 541.467+37.543))
=906.954

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:

Labixiaoxin Snacks Group'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 )
=-71.362/( ( (269.042 + max(311.48, 0)) + (276.11 + max(160.863, 0)) )/ 2 )
=-71.362/( ( 580.522 + 436.973 )/ 2 )
=-71.362/508.7475
=-14.03 %

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)
=(261.13 + 66.223 + 116.728) - (112.201 + 0 + 20.4)
=311.48

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(258.94 + 86.838 + 3.779) - (161.28 + 0 + 27.414)
=160.863

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-132.185/785.705
=-16.82 %

* 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.


Labixiaoxin Snacks Group EBIT Related Terms

Thank you for viewing the detailed overview of Labixiaoxin Snacks Group's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Labixiaoxin Snacks Group Business Description

Traded in Other Exchanges
N/A
Address
Wuli Industrial Area, Fujian, Jinjiang, CHN
Labixiaoxin Snacks Group Ltd is a China-based investment holding company principally engaged in the manufacturing and sales of snack products. The company operates through four business segments: Jelly Products, Confectionery Products, Beverages Products, and Other Snacks Products. The company's maximum earning segment is the Jelly products segment which includes jelly snacks and jelly beverages. It also markets other products, such as powdered milk tea. All of its operations are conducted in the PRC.
Executives
Alliance Food And Beverages (holding) Company Limited 2101 Beneficial owner
Zheng Yuhuan 2201 Interest of corporation controlled by you
Zheng Yushuang 2201 Interest of corporation controlled by you
Zheng Yu Long 2101 Beneficial owner
Li Hung Kong 2201 Interest of corporation controlled by you

Labixiaoxin Snacks Group Headlines

No Headlines