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China Qidian Guofeng Holdings (HKSE:01280) EBIT : HK$81.1 Mil (TTM As of Dec. 2023)


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What is China Qidian Guofeng Holdings EBIT?

China Qidian Guofeng Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was HK$-24.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$81.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Qidian Guofeng Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -34.46%. China Qidian Guofeng Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -295.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Qidian Guofeng Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.95%.


China Qidian Guofeng Holdings EBIT Historical Data

The historical data trend for China Qidian Guofeng 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.

China Qidian Guofeng Holdings EBIT Chart

China Qidian Guofeng 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 -85.33 -66.25 -46.02 -128.35 81.13

China Qidian Guofeng 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 -25.98 -24.10 -105.39 105.62 -24.49

Competitive Comparison of China Qidian Guofeng Holdings's EBIT

For the Specialty Retail subindustry, China Qidian Guofeng 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.


China Qidian Guofeng Holdings's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Qidian Guofeng Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Qidian Guofeng Holdings's EV-to-EBIT falls into.



China Qidian Guofeng 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$81.1 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.


China Qidian Guofeng Holdings  (HKSE:01280) EBIT Explanation

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

China Qidian Guofeng 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 )
=-41.016 * ( 1 - -0.14% )/( (88.304 + 150.107)/ 2 )
=-41.0734224/119.2055
=-34.46 %

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))
=343.077 - 170.512 - ( 177.521 - max(0, 270.134 - 292.592+177.521))
=150.107

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:

China Qidian Guofeng 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 )
=-48.984/( ( (9.099 + max(-35.946, 0)) + (24.027 + max(-145.103, 0)) )/ 2 )
=-48.984/( ( 9.099 + 24.027 )/ 2 )
=-48.984/16.563
=-295.74 %

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)
=(5.003 + 57.021 + 37.897) - (92.991 + 0 + 42.876)
=-35.946

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.113 + 61.68 + 47.826) - (170.512 + 0 + 88.21)
=-145.103

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:

China Qidian Guofeng Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=81.131/581.722
=13.95 %

* 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.


China Qidian Guofeng Holdings EBIT Related Terms

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China Qidian Guofeng Holdings (HKSE:01280) Business Description

Traded in Other Exchanges
N/A
Address
No. 539 Wenchang Zhong Road, 6th Floor, Huiyin Building, Jiangsu Province, Yangzhou, CHN
China Qidian Guofeng Holdings Ltd Formerly Qidian International Co Ltd is an investment holding company. It is engaged in the retail of household appliances, mobile phones, computers, imported and general merchandise, and the provision of maintenance and installation services for household appliances in the PRC. The operating segments of the group are Traditional business; New retail business and All other segments. Its Traditional business includes the results from sales of household appliances, mobile phones, and computers. New retail business includes the results from sales of imported and general merchandise. All other segments include the results from rendering maintenance and installation services. The company generates prime revenue from the Traditional business segment.

China Qidian Guofeng Holdings (HKSE:01280) Headlines

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