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Star Shine Holdings Group (HKSE:01440) EBIT : HK$-2.1 Mil (TTM As of Jun. 2024)


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What is Star Shine Holdings Group EBIT?

Star Shine Holdings Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was HK$0.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-2.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Star Shine Holdings Group's annualized ROC % for the quarter that ended in Jun. 2024 was -5.76%. Star Shine Holdings Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 1.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Star Shine Holdings Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -0.03%.


Star Shine Holdings Group EBIT Historical Data

The historical data trend for Star Shine Holdings 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.

Star Shine Holdings Group EBIT Chart

Star Shine Holdings Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 56.88 63.06 29.64 -9.79 -9.09

Star Shine Holdings Group Semi-Annual Data
Dec17 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 6.16 -15.66 -6.07 -3.02 0.89

Competitive Comparison of Star Shine Holdings Group's EBIT

For the Specialty Chemicals subindustry, Star Shine Holdings 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.


Star Shine Holdings Group's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Star Shine Holdings Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Star Shine Holdings Group's EV-to-EBIT falls into.


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Star Shine Holdings 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$-2.1 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.


Star Shine Holdings Group  (HKSE:01440) EBIT Explanation

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

Star Shine Holdings 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 )
=-7.082 * ( 1 - -50.22% )/( (189.185 + 180.259)/ 2 )
=-10.6385804/184.722
=-5.76 %

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))
=538.331 - 139.793 - ( 294.202 - max(0, 187.975 - 397.328+294.202))
=189.185

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))
=476.555 - 86.201 - ( 228.614 - max(0, 133.543 - 343.638+228.614))
=180.259

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:

Star Shine Holdings 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 )
=1.772/( ( (140.508 + max(-50.956, 0)) + (132.383 + max(17.352, 0)) )/ 2 )
=1.772/( ( 140.508 + 149.735 )/ 2 )
=1.772/145.1215
=1.22 %

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)
=(85.32 + 6.892 + 3.018) - (139.793 + 0 + 6.393)
=-50.956

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(87.352 + 7.652 + 14.294) - (86.201 + 0 + 5.745)
=17.352

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:

Star Shine Holdings Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-2.137/6367.788
=-0.03 %

* 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.


Star Shine Holdings Group EBIT Related Terms

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Star Shine Holdings Group Business Description

Traded in Other Exchanges
N/A
Address
No. 3888, Chigang Hanxin Road, Jiangkou Town, Hanjiang District, Fujian, Putian, CHN
Star Shine Holdings Group Ltd, formerly Deyun Holding Ltd is an investment holding company. It is engaged in the manufacturing of lace and the provision of dyeing services and the sales of footwear products to its customers. It derives revenue from the provision of dyeing services which involves the provision of dyeing services of lace and swim-wear fabrics based on customers' orders. It derives key revenue from the PRC.
Executives
Glorious Way Investments Limited 2101 Beneficial owner
Tsoi Wing Sing 2201 Interest of corporation controlled by you
Wu Chou Har 2202 Interest of your spouse
Deyong Investment Co., Ltd 2101 Beneficial owner
Jiang Yanyun 2202 Interest of your spouse
Lin Bingzhong 2103 Interests held jointly with another person
Lin Chaowei 2103 Interests held jointly with another person
Lin Chaowen 2103 Interests held jointly with another person
Lin Minqiang 2103 Interests held jointly with another person
Lin Yueyun 2202 Interest of your spouse
Lin Yunzhen 2202 Interest of your spouse
Zheng Xiuqin 2202 Interest of your spouse
Lin Chao Ji 2103 Interests held jointly with another person
Lin Ai Mei 2202 Interest of your spouse

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