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Guangdong Hong Kong Greater Bay Area Holdings (HKSE:01396) EBIT : HK$-1,215 Mil (TTM As of Jun. 2024)


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What is Guangdong Hong Kong Greater Bay Area Holdings EBIT?

Guangdong Hong Kong Greater Bay Area Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$-1,062 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-1,215 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Guangdong Hong Kong Greater Bay Area Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was -7.09%. Guangdong Hong Kong Greater Bay Area Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -41.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Guangdong Hong Kong Greater Bay Area Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -17.52%.


Guangdong Hong Kong Greater Bay Area Holdings EBIT Historical Data

The historical data trend for Guangdong Hong Kong Greater Bay Area 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.

Guangdong Hong Kong Greater Bay Area Holdings EBIT Chart

Guangdong Hong Kong Greater Bay Area 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 93.45 1,166.66 -107.88 -1,764.86 -920.18

Guangdong Hong Kong Greater Bay Area Holdings 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 -701.18 -1,096.87 -766.96 -153.22 -1,061.52

Competitive Comparison of Guangdong Hong Kong Greater Bay Area Holdings's EBIT

For the Real Estate - Development subindustry, Guangdong Hong Kong Greater Bay Area 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.


Guangdong Hong Kong Greater Bay Area Holdings's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Guangdong Hong Kong Greater Bay Area Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Guangdong Hong Kong Greater Bay Area Holdings's EV-to-EBIT falls into.


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Guangdong Hong Kong Greater Bay Area 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$-1,215 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.


Guangdong Hong Kong Greater Bay Area Holdings  (HKSE:01396) EBIT Explanation

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

Guangdong Hong Kong Greater Bay Area 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 )
=-962.9 * ( 1 - -0.06% )/( (14558.437 + 12619.823)/ 2 )
=-963.47774/13589.13
=-7.09 %

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))
=19930.729 - 5178.864 - ( 193.428 - max(0, 12693.282 - 17704.81+193.428))
=14558.437

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))
=17609.544 - 4819.172 - ( 170.549 - max(0, 11554.722 - 15332.568+170.549))
=12619.823

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:

Guangdong Hong Kong Greater Bay Area 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 )
=-2123.042/( ( (6.483 + max(5631.541, 0)) + (4.726 + max(4613.07, 0)) )/ 2 )
=-2123.042/( ( 5638.024 + 4617.796 )/ 2 )
=-2123.042/5127.91
=-41.40 %

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)
=(242.715 + 12731.353 + 3302.612) - (5178.864 + 0 + 5466.275)
=5631.541

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(65.002 + 11622.635 + 2662.714) - (4819.172 + 0 + 4918.109)
=4613.07

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:

Guangdong Hong Kong Greater Bay Area Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-1214.742/6934.701
=-17.52 %

* 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.


Guangdong Hong Kong Greater Bay Area Holdings EBIT Related Terms

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Guangdong Hong Kong Greater Bay Area Holdings Business Description

Traded in Other Exchanges
Address
Hong Long Century Plaza, Level 32, Block A, Luohu District, Shenzhen, CHN
Guangdong Hong Kong Greater Bay Area Holdings Ltd is engaged in the development of residential and urban renewal projects in the Greater Bay Area. Its principal activities of the Group are the development, sales, and operation of residential properties, commercial trade and logistics centers, and trading business in Mainland China. It has a geographic presence in Hong Kong, Macao, and Taiwan, Chinese mainland.
Executives
China Guangdong - Hong Kong Greater Bay Area Holdings Limited 2101 Beneficial owner
Rich Grain Investments Limited 2201 Interest of corporation controlled by you
Luo Jieping 2202 Interest of your spouse
Solid Wealth Holdings Limited 2201 Interest of corporation controlled by you
Zeng Yan 2201 Interest of corporation controlled by you
Zeng Yunshu 2201 Interest of corporation controlled by you
Ruixinhaide Holdings Limited 2201 Interest of corporation controlled by you
Hakka Park International Group Co Ltd. 2201 Interest of corporation controlled by you
Guang Yitong Technology Limited 2201 Interest of corporation controlled by you
Cai Hongwen 2201 Interest of corporation controlled by you
He Fei 2101 Beneficial owner
Chen Junyu
Eminent Ascend Limited 2101 Beneficial owner
Sunet Global Limited 2201 Interest of corporation controlled by you
Wong Kim 2201 Interest of corporation controlled by you

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