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Edvance International Holdings (HKSE:01410) EBIT : HK$-10.3 Mil (TTM As of Sep. 2023)


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What is Edvance International Holdings EBIT?

Edvance International Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was HK$-2.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-10.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Edvance International Holdings's annualized ROC % for the quarter that ended in Sep. 2023 was -1.54%. Edvance International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -4.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Edvance International Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -3.05%.


Edvance International Holdings EBIT Historical Data

The historical data trend for Edvance 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.

Edvance International Holdings EBIT Chart

Edvance International Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only 33.68 32.48 44.53 26.10 -21.15

Edvance International Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 102.88 -76.78 -13.77 -7.39 -2.90

Competitive Comparison of Edvance International Holdings's EBIT

For the Software - Infrastructure subindustry, Edvance 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.


Edvance International Holdings's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Edvance International Holdings's EV-to-EBIT distribution charts can be found below:

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



Edvance 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-10.3 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.


Edvance International Holdings  (HKSE:01410) EBIT Explanation

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

Edvance International Holdings's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-6.398 * ( 1 - -33.24% )/( (531.996 + 577.141)/ 2 )
=-8.5246952/554.5685
=-1.54 %

where

Invested Capital(Q: Sep. 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))
=715.111 - 110.413 - ( 35.158 - max(0, 381.17 - 408.727+35.158))
=577.141

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Edvance International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.8/( ( (115.102 + max(8.955, 0)) + (110.416 + max(15.822, 0)) )/ 2 )
=-5.8/( ( 124.057 + 126.238 )/ 2 )
=-5.8/125.1475
=-4.63 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(138.751 + 18.365 + 135.576) - (91.96 + 0 + 191.777)
=8.955

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(185.058 + 8.218 + 167.13) - (110.413 + 0 + 234.171)
=15.822

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-10.287/337.317
=-3.05 %

* 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.


Edvance International Holdings EBIT Related Terms

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Edvance International Holdings (HKSE:01410) Business Description

Traded in Other Exchanges
N/A
Address
98 How Ming Street, 25th Floor, Tower 1, The Millennity, Kwun Tong, Kowloon, Hong Kong, HKG
Edvance International Holdings Ltd is an investment holding company. The company is engaged in the provision of information technology security products and services. Its Cybersecurity products segment includes network security products, system security products and application and data security products. The cybersecurity services segment is engaged in the provision of technical implementation, maintenance, and support services. Digital assets Financial services and investment business refers to the provision of financial services to customers, venture investment and securities trading by the Group. It generates maximum revenue from the Cybersecurity security products segment. Geographically, it derives a majority of its revenue from Hong Kong.
Executives
Liu Yui Ting Raymond 2101 Beneficial owner
Success Vision International Group Limited 2101 Beneficial owner
Earning Gear Inc. 2101 Beneficial owner
Mind Bright Limited 2101 Beneficial owner
Cheng Chui Ying 2202 Interest of your spouse
Lin Fai 2202 Interest of your spouse
Lo Wai Ho Ashley 2201 Interest of corporation controlled by you
Tang Sing Hing Kenny 2201 Interest of corporation controlled by you
Yip Lai Ching 2202 Interest of your spouse
Cheung Mo Chi 2202 Interest of your spouse
Von John 2201 Interest of corporation controlled by you

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